SHA:603466 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	1,251	1,369	1,564	1,737	1,662	1,187
Short-Term Investments	-	259.44	193.67	213.56	167.86	103.68
Trading Asset Securities	522.25	461.08	230.75	140.83	279.87	316.09
Cash & Short-Term Investments	1,773	2,089	1,989	2,091	2,110	1,607
Cash Growth	-2.18%	5.05%	-4.90%	-0.86%	31.29%	11.83%
Accounts Receivable	1,154	1,272	1,545	1,696	1,602	1,603
Other Receivables	10.56	12.17	18.09	22.71	31.28	42.79
Receivables	1,165	1,284	1,563	1,719	1,634	1,646
Inventory	448.01	485.7	579.21	365.72	699.21	553.26
Prepaid Expenses	-	0.65	0	0	-	-
Other Current Assets	268.29	1.58	3.75	3.17	3.1	8.5
Total Current Assets	3,654	3,862	4,135	4,179	4,445	3,815
Property, Plant & Equipment	124.27	127.93	142.76	150.28	163.85	179.36
Long-Term Investments	85.95	275.74	299.74	97.7	301.49	226.06
Other Intangible Assets	18.06	18.2	18.77	19.83	21.26	23.12
Long-Term Deferred Tax Assets	285.04	280.01	255.85	212.42	183.79	158.43
Long-Term Deferred Charges	0.4	0.42	0.51	0.6	0.62	1.89
Other Long-Term Assets	197.73	-	-	253.06	-	-
Total Assets	4,366	4,564	4,853	4,913	5,116	4,404
Accounts Payable	680.26	833.79	906.88	1,040	1,074	929.66
Accrued Expenses	21.41	76.2	102.63	124.3	118.8	127.41
Short-Term Debt	-	82.39	23.83	8.42	20.15	15
Current Portion of Long-Term Debt	5.43	5.62	3.75	1.87	1.12	-
Current Portion of Leases	-	5.3	1.64	-	1.72	-
Current Income Taxes Payable	23.61	11.33	20.89	36.49	36.35	45.97
Current Unearned Revenue	632.6	685.83	812.66	479.22	940.9	709.29
Other Current Liabilities	312.16	221.53	213.83	209.55	189.57	199.53
Total Current Liabilities	1,675	1,922	2,086	1,899	2,382	2,027
Long-Term Debt	532.43	528.32	510.63	491.46	471.11	-
Long-Term Leases	1.25	1.75	3.44	-	-	3.37
Long-Term Unearned Revenue	-	-	-	-	-	0.15
Long-Term Deferred Tax Liabilities	6.74	6.63	9.6	15.57	9.56	3.34
Other Long-Term Liabilities	32.99	31.28	31.51	44.13	55.64	75.5
Total Liabilities	2,249	2,490	2,641	2,451	2,919	2,109
Common Stock	594.82	594.79	594.79	594.78	598.48	421.97
Additional Paid-In Capital	449.46	449.12	449.11	448.96	484.77	659.35
Retained Earnings	1,036	993.21	1,131	1,383	1,122	1,258
Treasury Stock	-	-	-	-	-39.59	-44.33
Comprehensive Income & Other	36.75	36.77	36.77	35.52	32.46	-
Total Common Equity	2,117	2,074	2,211	2,463	2,198	2,294
Minority Interest	-	-	-	0.01	0.01	0.01
Shareholders' Equity	2,117	2,074	2,211	2,463	2,198	2,295
Total Liabilities & Equity	4,366	4,564	4,853	4,913	5,116	4,404
Total Debt	539.1	623.38	543.29	501.75	494.12	18.37
Net Cash (Debt)	1,234	1,466	1,446	1,590	1,615	1,588
Net Cash Growth	-3.82%	1.41%	-9.06%	-1.60%	1.70%	11.08%
Net Cash Per Share	1.99	2.39	2.45	2.65	2.69	2.64
Filing Date Shares Outstanding	594.82	594.82	594.79	594.78	596.35	596.95
Total Common Shares Outstanding	594.82	594.79	594.79	594.78	596.35	596.95
Working Capital	1,979	1,940	2,049	2,280	2,063	1,788
Book Value Per Share	3.56	3.49	3.72	4.14	3.69	3.84
Tangible Book Value	2,099	2,056	2,192	2,443	2,177	2,271
Tangible Book Value Per Share	3.53	3.46	3.69	4.11	3.65	3.80
Buildings	-	250.63	250.63	249.06	249.06	249.06
Machinery	-	53.2	54.28	53.66	53.81	53.1
Construction In Progress	-	-	-	1.32	-	-

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