SHA:603500 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	665.88	350.88	392.6	301.26	320.65	290.01
Trading Asset Securities	-	-	-	75	21.7	15
Cash & Short-Term Investments	665.88	350.88	392.6	376.26	342.35	305.01
Cash Growth	72.19%	-10.63%	4.34%	9.90%	12.24%	-8.53%
Accounts Receivable	518.9	530.03	411.22	349.85	303.1	297.15
Other Receivables	6.51	2.3	0.49	2.56	3.03	4.01
Receivables	525.41	532.33	411.71	352.41	306.13	301.16
Inventory	146.52	125.46	129.4	117.92	119.02	113.11
Other Current Assets	50.24	53.1	4.36	3.97	8.93	4.06
Total Current Assets	1,388	1,062	938.07	850.55	776.42	723.35
Property, Plant & Equipment	444.26	441.61	346.79	268.22	286.77	299
Long-Term Investments	50	50	88.88	48	48.05	29.05
Other Intangible Assets	86.42	86.76	88.87	29.39	29.97	30.42
Long-Term Accounts Receivable	-	-	1.64	7.2	8.39	-
Long-Term Deferred Tax Assets	7.96	10.32	5.46	3.84	3.92	2.73
Long-Term Deferred Charges	-	0.53	0.74	1.11	1.01	-
Other Long-Term Assets	0.53	0.71	19.2	14.79	0.1	0.29
Total Assets	1,977	1,652	1,490	1,223	1,155	1,085
Accounts Payable	202.72	244.84	194.1	87.99	92.35	123.64
Accrued Expenses	13.05	21.97	20.16	19.88	23.36	17.06
Short-Term Debt	139.35	198.13	130.68	72.93	66.83	34.6
Current Portion of Long-Term Debt	0.03	0.03	22.05	0.01	-	-
Current Portion of Leases	-	-	0.37	0.35	0.34	0.34
Current Income Taxes Payable	15.71	16.87	5.31	7.45	6.67	3.41
Current Unearned Revenue	2.67	0.16	0.62	1.04	1.51	1.16
Other Current Liabilities	8.66	7.52	16	23.21	19.99	3.8
Total Current Liabilities	382.2	489.51	389.28	212.87	211.05	184.01
Long-Term Debt	420.6	56.9	68	10	-	-
Long-Term Leases	0.09	-	-	0.37	0.73	1.3
Long-Term Unearned Revenue	19.76	19.9	3.72	3.71	2.06	1.29
Long-Term Deferred Tax Liabilities	5.46	0.01	0.01	0	1.1	0.94
Total Liabilities	828.11	566.32	461.01	226.95	214.94	187.54
Common Stock	332.79	332.79	343.75	245.53	245.55	245.55
Additional Paid-In Capital	206.01	205.96	264.92	364.59	358.55	381.35
Retained Earnings	545.16	505.84	414.67	371.2	335.98	300.9
Treasury Stock	-4.3	-4.3	-37.6	-22.08	-28.08	-51.58
Comprehensive Income & Other	22.34	-0.93	-0.85	-0.82	-0.77	-0.34
Total Common Equity	1,102	1,039	984.88	958.42	911.23	875.88
Minority Interest	47.12	46.03	43.75	37.72	28.46	21.42
Shareholders' Equity	1,149	1,085	1,029	996.14	939.69	897.31
Total Liabilities & Equity	1,977	1,652	1,490	1,223	1,155	1,085
Total Debt	560.07	255.06	221.09	83.67	67.9	36.24
Net Cash (Debt)	105.81	95.82	171.51	292.59	274.45	268.77
Net Cash Growth	-8.43%	-44.13%	-41.38%	6.61%	2.11%	-19.40%
Net Cash Per Share	0.31	0.29	0.50	0.87	0.80	0.80
Filing Date Shares Outstanding	327.69	346.94	340.37	327.56	344.81	336.85
Total Common Shares Outstanding	327.69	346.94	340.37	327.56	344.81	336.85
Working Capital	1,006	572.27	548.78	637.68	565.37	539.34
Book Value Per Share	3.36	3.00	2.89	2.93	2.64	2.60
Tangible Book Value	1,016	952.6	896.01	929.04	881.25	845.46
Tangible Book Value Per Share	3.10	2.75	2.63	2.84	2.56	2.51
Buildings	-	-	243.18	242.83	242.83	241.8
Machinery	-	-	179.97	176.51	170.13	152.91
Construction In Progress	-	-	101.65	2.28	3.24	8.72

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