SHA:603352 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	936.12	377.98	154.32	205.43	161.77
Trading Asset Securities	-	-	1.98	1.59	1.93
Cash & Short-Term Investments	936.12	377.98	156.3	207.02	163.71
Cash Growth	352.19%	141.84%	-24.50%	26.46%	-
Accounts Receivable	1,482	1,654	1,207	1,018	916.3
Other Receivables	7.5	61.11	50.94	41.46	27.86
Receivables	1,489	1,715	1,258	1,060	944.16
Inventory	651.83	520.2	430.12	428.45	323.62
Other Current Assets	254.71	213.37	128.24	84.66	117.88
Total Current Assets	3,332	2,827	1,973	1,780	1,549
Property, Plant & Equipment	1,882	1,739	1,317	1,206	1,081
Other Intangible Assets	159.38	151.53	139.38	143.02	146.05
Long-Term Accounts Receivable	53.51	59.06	20.4	37.05	34.41
Long-Term Deferred Tax Assets	65.52	64.72	46.73	29.94	32.51
Long-Term Deferred Charges	341.52	340.89	230.47	205.47	181.13
Other Long-Term Assets	121.93	104.85	62.01	22.41	126.2
Total Assets	5,956	5,286	3,789	3,423	3,151
Accounts Payable	665.53	897.29	656.05	578.88	595.97
Accrued Expenses	48.14	135.73	118.72	112.74	110.81
Short-Term Debt	522.14	625.73	285.88	373.18	351.63
Current Portion of Long-Term Debt	463.18	280.5	264.48	62.85	26.32
Current Portion of Leases	-	19.94	13.51	15.57	12.74
Current Income Taxes Payable	49.37	22.14	16.11	7.4	3.62
Current Unearned Revenue	91.37	81.31	91.01	92.89	86.45
Other Current Liabilities	59.42	104.02	167.85	202.37	243.31
Total Current Liabilities	1,899	2,167	1,614	1,446	1,431
Long-Term Debt	917.33	1,117	426.61	419.51	260.67
Long-Term Leases	84.34	80.73	53.31	18.46	36.05
Long-Term Unearned Revenue	28.08	26.23	31.15	28.4	22.84
Long-Term Deferred Tax Liabilities	-	-	-	-	0
Other Long-Term Liabilities	70.74	91.62	88.78	140.67	187.65
Total Liabilities	3,000	3,482	2,213	2,053	1,938
Common Stock	226.67	170	170	170	158.7
Additional Paid-In Capital	2,005	933.71	932.38	931.14	58.6
Retained Earnings	724.92	700.71	473.25	269.29	995.36
Shareholders' Equity	2,956	1,804	1,576	1,370	1,213
Total Liabilities & Equity	5,956	5,286	3,789	3,423	3,151
Total Debt	1,987	2,123	1,044	889.57	687.41
Net Cash (Debt)	-1,051	-1,745	-887.48	-682.55	-523.7
Net Cash Per Share	-5.79	-10.28	-5.22	-4.04	-3.41
Filing Date Shares Outstanding	226.67	170	170	169.03	153.68
Total Common Shares Outstanding	226.67	170	170	169.03	153.68
Working Capital	1,433	659.88	359.02	333.84	118.51
Book Value Per Share	13.04	10.61	9.27	8.11	7.89
Tangible Book Value	2,797	1,653	1,436	1,227	1,067
Tangible Book Value Per Share	12.34	9.72	8.45	7.26	6.94
Buildings	-	518.8	511.05	508.92	493.02
Machinery	-	1,818	1,602	1,436	1,134
Construction In Progress	-	378.41	105.09	63.69	115.26