SHA:603392 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	2,359	2,435	2,388	3,819	5,193	1,416
Short-Term Investments	348	1,168	480	-	-	200
Trading Asset Securities	1,601	1,447	2,510	2,055	2,009	40.39
Cash & Short-Term Investments	4,309	5,050	5,378	5,874	7,201	1,656
Cash Growth	-6.92%	-6.10%	-8.44%	-18.43%	334.83%	103.56%
Accounts Receivable	1,527	1,638	2,064	2,999	3,960	2,277
Other Receivables	18.48	97.64	35.96	48.71	5.15	12.45
Receivables	1,545	1,738	2,104	3,053	3,970	2,292
Inventory	767.06	702.08	863.19	905.48	869.14	593.17
Other Current Assets	109.68	36.57	29.44	469.42	139.4	105.2
Total Current Assets	6,731	7,526	8,375	10,302	12,180	4,647
Property, Plant & Equipment	3,493	3,518	3,538	2,641	2,235	1,703
Long-Term Investments	1,792	1,292	1,362	12.01	911.3	61.3
Other Intangible Assets	781.19	797.38	512.46	508.28	292.5	289.92
Long-Term Deferred Tax Assets	359.3	338.18	243.33	157.95	66.01	68.97
Long-Term Deferred Charges	357.38	292.39	363.85	214.29	172.37	27.18
Other Long-Term Assets	248.06	280.67	294.67	1,879	372.3	249.09
Total Assets	13,761	14,044	14,689	15,715	16,230	7,046
Accounts Payable	452.28	143.61	137.94	234.28	275.47	154.08
Accrued Expenses	108.18	641.71	915.89	1,653	2,572	1,541
Short-Term Debt	147.57	133.66	103.62	81.14	140.14	235.64
Current Portion of Long-Term Debt	101.86	56.85	65.68	87.19	3.07	-
Current Portion of Leases	-	19.52	38.43	13.3	13.73	13.93
Current Income Taxes Payable	20.07	0.43	8.59	7.49	99.02	146.55
Current Unearned Revenue	37.97	41.05	48.15	70.38	82.28	70.3
Other Current Liabilities	730.13	765.4	693.76	523.42	299.34	204.64
Total Current Liabilities	1,598	1,802	2,012	2,670	3,485	2,366
Long-Term Debt	58.86	98.79	94.19	115.36	102.49	4.9
Long-Term Leases	46.74	45.57	80.97	12.36	18.43	32.59
Long-Term Unearned Revenue	69.15	64.39	54.2	33.65	41.37	76.44
Long-Term Deferred Tax Liabilities	-	-	-	-	17.15	-
Other Long-Term Liabilities	-	-	-	-	-	3.8
Total Liabilities	1,773	2,011	2,241	2,831	3,665	2,483
Common Stock	1,264	1,264	1,265	1,268	906.07	607.04
Additional Paid-In Capital	3,048	3,048	3,139	3,312	3,729	445.83
Retained Earnings	7,509	7,552	7,950	8,250	7,906	3,413
Treasury Stock	-	-	-92.17	-129.42	-200.17	-
Total Common Equity	11,822	11,865	12,263	12,701	12,341	4,466
Minority Interest	166.56	168.46	185.16	183.06	223.63	96.2
Shareholders' Equity	11,988	12,033	12,448	12,884	12,565	4,562
Total Liabilities & Equity	13,761	14,044	14,689	15,715	16,230	7,046
Total Debt	355.03	354.39	382.91	309.35	277.86	287.06
Net Cash (Debt)	3,954	4,695	4,995	5,565	6,923	1,369
Net Cash Growth	-7.12%	-6.00%	-10.23%	-19.63%	405.71%	86.03%
Net Cash Per Share	3.01	3.65	3.76	4.42	5.54	1.11
Filing Date Shares Outstanding	1,264	1,264	1,265	1,268	1,268	1,232
Total Common Shares Outstanding	1,264	1,264	1,265	1,268	1,268	1,232
Working Capital	5,133	5,724	6,363	7,632	8,695	2,281
Book Value Per Share	9.35	9.38	9.69	10.01	9.73	3.62
Tangible Book Value	11,040	11,067	11,750	12,192	12,049	4,176
Tangible Book Value Per Share	8.73	8.75	9.29	9.61	9.50	3.39
Buildings	-	1,557	779.65	724.87	628.89	392.67
Machinery	-	2,127	1,764	1,510	1,185	666.87
Construction In Progress	-	571.79	1,469	814.56	720.51	924.38

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