SHA:603456 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	1,553	1,543	2,749	3,206	1,095	1,121
Trading Asset Securities	-	-	-	-	-	26.06
Cash & Short-Term Investments	1,553	1,543	2,749	3,206	1,095	1,147
Cash Growth	-43.69%	-43.87%	-14.27%	192.71%	-4.49%	225.79%
Accounts Receivable	1,082	1,125	1,255	997.69	767.03	850.02
Other Receivables	12.24	11.62	11.8	8.32	6.46	5.72
Receivables	1,094	1,137	1,266	1,006	773.49	855.74
Inventory	1,461	1,416	1,929	1,959	2,021	1,682
Other Current Assets	1,257	1,442	127.5	142.55	102.87	87.38
Total Current Assets	5,364	5,537	6,071	6,314	3,993	3,772
Property, Plant & Equipment	4,338	4,338	4,274	3,722	3,144	2,645
Long-Term Investments	366.54	199.65	108.08	121.88	109.13	101.07
Goodwill	12.36	12.6	88.6	110.11	111.11	70.35
Other Intangible Assets	464.05	464.9	516.11	504.74	454.03	412.47
Long-Term Deferred Tax Assets	1.11	0.07	1.68	0.75	24.43	11.21
Long-Term Deferred Charges	42.39	50.5	64.76	73.2	69.07	16.21
Other Long-Term Assets	-	-	2.9	4.74	8.38	12.15
Total Assets	10,588	10,603	11,127	10,852	7,914	7,040
Accounts Payable	935.82	1,068	1,459	1,198	1,245	988.14
Accrued Expenses	120.9	194.26	202.63	227.81	201.85	168.05
Short-Term Debt	90.01	50.43	-	-	50.05	498.84
Current Portion of Long-Term Debt	7.28	7.14	201.93	7.77	200.21	-
Current Portion of Leases	-	-	7.79	6.78	6.59	1.01
Current Income Taxes Payable	103.75	103.33	55.74	55.3	78.8	75.37
Current Unearned Revenue	103.49	111.23	69.75	75.41	83.08	49.64
Other Current Liabilities	39.96	43.57	49.84	85.95	348.37	303.65
Total Current Liabilities	1,401	1,578	2,046	1,657	2,214	2,085
Long-Term Debt	-	-	194.25	389.05	83.99	201.49
Long-Term Leases	4.78	6.05	8.03	11.89	10.6	3.25
Long-Term Unearned Revenue	151.37	149.79	139.89	109.12	101.2	97.31
Long-Term Deferred Tax Liabilities	73.32	74.29	87.47	101.47	106.26	76.55
Other Long-Term Liabilities	4.6	4.64	41.76	50.77	25.76	-
Total Liabilities	1,635	1,812	2,518	2,319	2,542	2,463
Common Stock	889.45	889.45	895.24	899.49	834.25	832.6
Additional Paid-In Capital	4,285	4,285	4,380	4,499	2,058	1,985
Retained Earnings	3,812	3,640	3,350	3,190	2,515	1,802
Treasury Stock	-102	-102	-99.9	-132.01	-113.12	-44.43
Comprehensive Income & Other	6.04	11.75	11.52	4.65	2.26	1.49
Total Common Equity	8,890	8,724	8,537	8,461	5,297	4,577
Minority Interest	62.67	66.48	72.91	71.94	75.1	-
Shareholders' Equity	8,953	8,791	8,610	8,533	5,372	4,577
Total Liabilities & Equity	10,588	10,603	11,127	10,852	7,914	7,040
Total Debt	102.06	63.62	412	415.49	351.44	704.58
Net Cash (Debt)	1,451	1,479	2,337	2,791	743.98	442.29
Net Cash Growth	-38.00%	-36.69%	-16.27%	275.13%	68.21%	-
Net Cash Per Share	1.62	1.66	2.62	3.13	0.90	0.53
Filing Date Shares Outstanding	905.71	891.14	889.45	899.49	834.25	832.6
Total Common Shares Outstanding	905.71	891.14	889.45	899.49	834.25	832.6
Working Capital	3,963	3,960	4,025	4,658	1,779	1,687
Book Value Per Share	9.82	9.79	9.60	9.41	6.35	5.50
Tangible Book Value	8,414	8,247	7,932	7,846	4,732	4,094
Tangible Book Value Per Share	9.29	9.25	8.92	8.72	5.67	4.92
Buildings	-	-	1,966	1,786	1,612	1,562
Machinery	-	-	4,665	4,350	4,010	3,684
Construction In Progress	-	-	1,566	1,198	839.25	471.51

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.