SHA:603386 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	160.96	211.24	100.99	64.69	144.58	273.01
Trading Asset Securities	3.22	5.07	7.59	9.71	13.42	-
Cash & Short-Term Investments	164.17	216.31	108.58	74.41	158	273.01
Cash Growth	26.81%	99.21%	45.93%	-52.91%	-42.13%	11.86%
Accounts Receivable	727.56	685.09	694.68	672.28	749.29	755.53
Other Receivables	10.58	6.48	28.68	26.25	23.5	28.31
Receivables	738.14	691.57	723.36	698.54	772.79	783.84
Inventory	483.05	396	354.96	304.23	383.04	430.79
Other Current Assets	42.67	36.62	43.79	44.22	37.98	101.24
Total Current Assets	1,428	1,341	1,231	1,121	1,352	1,589
Property, Plant & Equipment	1,562	1,577	1,410	1,480	1,372	1,136
Long-Term Investments	32.78	32.78	37.35	27.12	23.92	30.03
Goodwill	316.51	316.51	316.51	439.84	451.13	451.13
Other Intangible Assets	184.84	187.08	159.26	160.17	170.43	178.46
Long-Term Deferred Tax Assets	126.71	114.38	107.42	97.98	71.9	44.85
Long-Term Deferred Charges	39.82	42.33	63.73	74.46	76.93	64.24
Other Long-Term Assets	43.2	39.7	22.33	23.3	53.16	22.32
Total Assets	3,734	3,651	3,348	3,425	3,571	3,516
Accounts Payable	1,087	879.98	960.76	781.39	897.09	919.6
Accrued Expenses	50.47	59.64	63.41	64.39	67.07	74.67
Short-Term Debt	795.85	793.25	414.99	509.77	542.16	451.07
Current Portion of Long-Term Debt	90.72	86.39	103.19	100.73	58.36	36.36
Current Portion of Leases	-	1.73	1.6	2.27	3.85	2.03
Current Income Taxes Payable	11.43	2.17	0.83	2.04	3.98	12.56
Current Unearned Revenue	8.41	10.22	6.19	4.65	3.52	4.33
Other Current Liabilities	79.82	214.75	184.31	75.45	135.41	213.04
Total Current Liabilities	2,123	2,048	1,735	1,541	1,711	1,714
Long-Term Debt	261.37	234.71	252.18	344.23	320.06	247.85
Long-Term Leases	1.57	1.9	3.67	3.88	2.63	3.39
Long-Term Unearned Revenue	32.92	30.54	11.76	9.22	10.8	7.31
Long-Term Deferred Tax Liabilities	4.14	4.19	4.02	16	18.83	7.39
Total Liabilities	2,423	2,319	2,007	1,914	2,064	1,980
Common Stock	326.32	326.32	326.32	326.32	326.32	234.32
Additional Paid-In Capital	650.8	650.68	649.4	634.4	634.4	837.7
Retained Earnings	339.1	359.56	366.44	548.63	545.34	475.95
Treasury Stock	-	-	-	-	-	-11.04
Comprehensive Income & Other	-7.21	-6.73	-1.51	1.42	1.32	-0.4
Total Common Equity	1,309	1,330	1,341	1,511	1,507	1,537
Minority Interest	1.56	1.24	0.23	-	-	-
Shareholders' Equity	1,311	1,331	1,341	1,511	1,507	1,537
Total Liabilities & Equity	3,734	3,651	3,348	3,425	3,571	3,516
Total Debt	1,150	1,118	775.63	960.87	927.05	740.71
Net Cash (Debt)	-985.34	-901.66	-667.05	-886.46	-769.05	-467.71
Net Cash Per Share	-2.79	-2.62	-2.03	-2.72	-2.36	-1.47
Filing Date Shares Outstanding	326.32	326.32	326.32	326.32	326.32	328.04
Total Common Shares Outstanding	326.32	326.32	326.32	326.32	326.32	328.04
Working Capital	-695.46	-707.62	-504.58	-419.27	-359.63	-124.8
Book Value Per Share	4.01	4.08	4.11	4.63	4.62	4.68
Tangible Book Value	807.67	826.24	864.88	910.75	885.82	906.94
Tangible Book Value Per Share	2.48	2.53	2.65	2.79	2.71	2.76
Buildings	-	944.72	942.51	928.24	505.88	484.95
Machinery	-	1,658	1,423	1,363	1,276	1,132
Construction In Progress	-	31.24	8.33	5.96	277.23	90.24