SHA:603385 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	253.08	270.26	283.75	212.56	261.93	433.68
Short-Term Investments	-	-	543.5	218.43	-	-
Trading Asset Securities	159.54	199.21	149.17	-	131.87	353.16
Cash & Short-Term Investments	412.62	469.47	976.42	430.98	393.8	786.84
Cash Growth	-57.73%	-51.92%	126.56%	9.44%	-49.95%	-47.38%
Accounts Receivable	687.99	706.08	936.01	894.26	1,134	1,483
Other Receivables	20.14	19.55	17.11	13.69	12.31	37.89
Receivables	708.13	725.64	953.12	907.95	1,146	1,521
Inventory	725.38	761.64	969.89	1,010	1,147	1,110
Prepaid Expenses	-	-	13.6	4.61	4.93	4.86
Other Current Assets	530.32	595.14	42.75	37.6	34.05	65.55
Total Current Assets	2,376	2,552	2,956	2,391	2,726	3,488
Property, Plant & Equipment	1,390	1,416	1,586	1,718	1,835	1,894
Long-Term Investments	635.36	612.18	677.83	1,416	1,049	522.81
Other Intangible Assets	213.09	214.07	240.03	248.11	256.7	269.26
Long-Term Accounts Receivable	-	-	0.52	1.73	2.85	5.53
Long-Term Deferred Tax Assets	37.8	34.71	36.19	37.14	41.21	40.03
Long-Term Deferred Charges	26.21	28.09	23.4	31.75	37.73	42.97
Other Long-Term Assets	28.14	22.34	15.95	1.05	33.34	66.77
Total Assets	4,708	4,879	5,536	5,844	5,981	6,330
Accounts Payable	560.7	674.23	849.66	804.22	730.87	903.97
Accrued Expenses	73.82	93.28	133.53	153.12	138.49	170.48
Short-Term Debt	36.41	66.06	105	161.61	225.25	279.4
Current Portion of Long-Term Debt	10.58	10.27	-	300.9	180.16	-
Current Portion of Leases	-	-	17.42	13.92	11.67	10.15
Current Income Taxes Payable	11.87	16.18	15.53	3.02	9.24	15.02
Current Unearned Revenue	107.85	80.2	103.47	145.33	64.63	58.77
Other Current Liabilities	157.4	160	257.63	246.43	260.89	316.97
Total Current Liabilities	958.63	1,100	1,482	1,829	1,621	1,755
Long-Term Debt	-	-	-	-	92.07	300.26
Long-Term Leases	5.78	6.81	11.22	19.67	8.68	8.43
Long-Term Unearned Revenue	95.24	96.87	103.61	109.29	114.75	124.37
Long-Term Deferred Tax Liabilities	41.61	38.11	44.29	47.87	51.06	46.96
Other Long-Term Liabilities	2.44	2.44	2.44	2.44	2.44	43.91
Total Liabilities	1,104	1,244	1,644	2,008	1,890	2,279
Common Stock	380.66	380.66	380.66	381.72	383.49	384.5
Additional Paid-In Capital	980.54	980.54	980.54	983.14	989.4	998.28
Retained Earnings	2,157	2,187	2,419	2,280	2,515	2,459
Comprehensive Income & Other	-0.06	-0.03	1.79	1.77	10.6	10.43
Total Common Equity	3,518	3,549	3,782	3,647	3,899	3,852
Minority Interest	85.68	86.12	109.72	189.53	192.13	199.03
Shareholders' Equity	3,604	3,635	3,892	3,836	4,091	4,051
Total Liabilities & Equity	4,708	4,879	5,536	5,844	5,981	6,330
Total Debt	52.77	83.14	133.64	496.09	517.83	598.23
Net Cash (Debt)	359.84	386.33	842.78	-65.1	-124.02	188.6
Net Cash Growth	-58.83%	-54.16%	-	-	-	-84.85%
Net Cash Per Share	0.95	1.02	2.18	-0.17	-0.32	0.50
Filing Date Shares Outstanding	380.87	375.59	380.66	381.72	383.49	384.5
Total Common Shares Outstanding	380.87	375.59	380.66	381.72	383.49	384.5
Working Capital	1,418	1,452	1,474	562.57	1,105	1,733
Book Value Per Share	9.24	9.45	9.94	9.55	10.17	10.02
Tangible Book Value	3,305	3,335	3,542	3,399	3,642	3,583
Tangible Book Value Per Share	8.68	8.88	9.31	8.90	9.50	9.32
Buildings	-	-	1,691	1,688	1,661	1,556
Machinery	-	-	1,336	1,320	1,315	1,238
Construction In Progress	-	-	13.16	0.78	1.83	89.99

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