SHA:603393 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	3,907	3,275	2,609	2,866	3,115	2,960
Short-Term Investments	-	21.25	59.69	60.17	-	11.83
Trading Asset Securities	13.19	11.27	18.68	-	289.32	-
Accounts Receivable	806.44	785.87	892.61	615.62	663.72	704.76
Other Receivables	1,064	1,109	991.24	663.27	402.71	575.86
Inventory	36.04	51.19	66.27	28.97	27.09	25.89
Prepaid Expenses	-	-	-	-	42.29	15.42
Other Current Assets	335.81	271.53	322.04	494.28	422.09	461.76
Total Current Assets	6,162	5,525	4,960	4,729	4,962	4,755
Property, Plant & Equipment	9,814	10,041	10,570	8,417	6,204	5,408
Goodwill	-	-	38.5	-	-	-
Other Intangible Assets	110.42	105.88	52.81	52.16	33.42	33.11
Long-Term Investments	856.99	1,394	971.57	1,031	1,083	787.93
Long-Term Deferred Tax Assets	16.72	17.2	20.84	10.54	21.21	11.17
Long-Term Deferred Charges	8.96	4.19	6.7	5.08	6.53	8.35
Other Long-Term Assets	5,170	4,660	1,647	318.38	323.53	37.53
Total Assets	22,140	21,748	18,268	14,563	12,634	11,041
Accounts Payable	1,362	1,549	1,555	1,770	1,288	902.4
Accrued Expenses	17.66	78.18	78.78	65.65	60.92	55.01
Short-Term Debt	49.17	76.34	117.73	50.06	180.11	100
Current Portion of Long-Term Debt	1,617	1,349	1,186	774.45	239.31	709.94
Current Unearned Revenue	78.44	105.78	146.94	113.83	124.09	99.38
Current Portion of Leases	-	15.46	12.83	11.93	10.24	14.29
Current Income Taxes Payable	134.76	140.16	132.77	163.94	192.6	224.17
Other Current Liabilities	170.04	153.65	167.72	103.43	19.51	17.43
Total Current Liabilities	3,429	3,468	3,398	3,053	2,114	2,123
Long-Term Debt	6,087	5,807	3,283	2,723	1,068	396.7
Long-Term Leases	32.85	25.45	34.54	37.71	40.82	40.58
Long-Term Unearned Revenue	31.52	31.6	31.3	31.6	31.9	32.2
Long-Term Deferred Tax Liabilities	828.15	839.03	784.63	574.93	319.57	591.8
Other Long-Term Liabilities	357.94	348	292.42	244.49	216.52	218.56
Total Liabilities	10,766	10,518	7,824	6,665	3,792	3,402
Common Stock	423.92	423.92	423.92	423.92	423.92	423.92
Additional Paid-In Capital	3,796	3,691	3,487	3,480	2,121	2,124
Retained Earnings	5,291	5,146	4,339	3,535	2,741	2,048
Treasury Stock	-10.84	-10.84	-21.69	-27.05	-27.05	-27.05
Comprehensive Income & Other	-79.57	-82.44	-85.23	-85.74	-57.81	-32.75
Total Common Equity	9,421	9,167	8,143	7,326	5,200	4,537
Minority Interest	1,953	2,062	2,301	572.23	3,642	3,102
Shareholders' Equity	11,374	11,229	10,444	7,898	8,842	7,639
Total Liabilities & Equity	22,140	21,748	18,268	14,563	12,634	11,041
Total Debt	7,785	7,273	4,635	3,597	1,539	1,262
Net Cash (Debt)	-3,865	-3,965	-1,947	-670.34	1,865	1,710
Net Cash Growth	-	-	-	-	9.08%	96.39%
Net Cash Per Share	-9.09	-9.34	-4.60	-1.58	4.40	4.46
Filing Date Shares Outstanding	423.92	423.92	423.92	422.52	422.52	422.52
Total Common Shares Outstanding	423.92	423.92	423.92	422.52	422.52	422.52
Working Capital	2,733	2,058	1,562	1,676	2,848	2,633
Book Value Per Share	22.22	21.63	19.21	17.34	12.31	10.74
Tangible Book Value	9,310	9,062	8,052	7,274	5,167	4,504
Tangible Book Value Per Share	21.96	21.38	18.99	17.22	12.23	10.66
Buildings	-	400.22	227.4	185.14	91.57	91.56
Machinery	-	1,062	933.17	786.62	426.53	406.49
Construction In Progress	1,467	1,439	1,809	2,117	1,295	756.7