SHA:603357 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	FY 2021
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	Dec '21 Dec 31, 2021
Cash & Equivalents	802	1,357	1,107	1,310	1,139	1,137
Trading Asset Securities	200	-	-	-	70.36	60.19
Cash & Short-Term Investments	1,002	1,357	1,107	1,310	1,209	1,197
Cash Growth	27.05%	22.66%	-15.55%	8.36%	1.03%	-6.84%
Accounts Receivable	4,331	4,538	4,631	3,928	3,074	2,385
Other Receivables	38.16	34.8	24.26	38.32	53.6	62.89
Receivables	4,369	4,573	4,656	3,966	3,128	2,448
Inventory	0.87	1.01	0.76	0.54	0.35	0.25
Other Current Assets	38.14	24.39	35.21	14.29	18.81	23.09
Total Current Assets	5,410	5,956	5,798	5,291	4,356	3,668
Property, Plant & Equipment	525.94	531.06	548.12	572.38	574.33	383.51
Long-Term Investments	339.51	347.03	352.81	344.19	413.12	134.18
Other Intangible Assets	83.77	85.69	83.19	84.79	86.71	88.62
Long-Term Deferred Tax Assets	180.08	177.9	171.26	154.96	123.48	110.89
Long-Term Deferred Charges	23.16	24.18	26.24	29.61	30.63	0.4
Other Long-Term Assets	34.75	35.04	36.21	37.37	40.54	11.58
Total Assets	6,597	7,157	7,016	6,515	5,625	4,397
Accounts Payable	1,506	1,722	1,930	-	1,315	956.92
Accrued Expenses	48.57	257.7	272.95	198.5	161.46	125.22
Short-Term Debt	-	100.06	500.35	300.2	150.08	-
Current Portion of Long-Term Debt	12.3	3.12	-	-	-	-
Current Portion of Leases	-	6.72	6.43	7.37	4.51	4.07
Current Income Taxes Payable	182.23	12.3	21.5	20.44	9.93	9.73
Current Unearned Revenue	69.62	69.81	94.31	274.45	227.04	225.63
Other Current Liabilities	208.42	436.39	334.8	2,223	550.58	175.42
Total Current Liabilities	2,028	2,608	3,160	3,024	2,419	1,497
Long-Term Debt	499.23	499.15	-	-	-	-
Long-Term Leases	5.7	6.33	4.83	5.91	3.33	1.67
Long-Term Deferred Tax Liabilities	-	-	4.07	4.33	2.47	0.07
Other Long-Term Liabilities	3.57	3.73	4.47	5.27	6.66	7.74
Total Liabilities	2,536	3,117	3,174	3,039	2,431	1,506
Common Stock	560.58	560.58	560.78	560.98	467.58	454.54
Additional Paid-In Capital	793.81	792.53	784.77	767.82	834.43	750.84
Retained Earnings	2,654	2,634	2,464	2,147	1,907	1,679
Treasury Stock	-17.21	-17.21	-38.82	-64.55	-71.95	-
Comprehensive Income & Other	0.45	0.51	0.8	1.08	-	-
Total Common Equity	3,991	3,970	3,771	3,412	3,137	2,884
Minority Interest	69.8	69.44	70.9	62.92	56.95	6.77
Shareholders' Equity	4,061	4,040	3,842	3,475	3,194	2,891
Total Liabilities & Equity	6,597	7,157	7,016	6,515	5,625	4,397
Total Debt	517.23	615.39	511.61	313.47	157.93	5.75
Net Cash (Debt)	484.77	741.9	594.97	996.94	1,051	1,191
Net Cash Growth	75.11%	24.70%	-40.32%	-5.18%	-11.74%	-7.29%
Net Cash Per Share	0.89	1.34	1.09	1.84	1.92	2.17
Filing Date Shares Outstanding	497.97	560.58	560.78	560.98	561.09	545.45
Total Common Shares Outstanding	497.97	560.58	560.78	560.98	561.09	545.45
Working Capital	3,382	3,348	2,638	2,267	1,937	2,171
Book Value Per Share	8.01	7.08	6.73	6.08	5.59	5.29
Tangible Book Value	3,907	3,884	3,688	3,327	3,050	2,796
Tangible Book Value Per Share	7.85	6.93	6.58	5.93	5.44	5.13
Buildings	-	523.71	522.5	530.07	527.17	129.21
Machinery	-	126.31	128.41	125.68	120.64	108.75
Construction In Progress	-	-	-	-	-	236.19
Order Backlog	-	7,106	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.