SHA:603506 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	363.7	462.26	587.76	467.33	466.15	708.21
Short-Term Investments	-	0.14	-	-	-	81.41
Trading Asset Securities	661.27	682.96	417.88	710.06	577.52	356.89
Cash & Short-Term Investments	1,025	1,145	1,006	1,177	1,044	1,147
Cash Growth	9.37%	13.89%	-14.59%	12.81%	-8.97%	137.29%
Accounts Receivable	703.99	552.33	512.07	500.43	533.64	409.53
Other Receivables	140.73	123.23	120.81	122.71	96.61	95.84
Receivables	844.72	675.56	632.88	623.14	630.25	505.37
Inventory	15.91	15.53	18.22	17.47	13.96	11.88
Prepaid Expenses	-	8.04	10.84	26.68	19.13	0.02
Other Current Assets	23.3	13.47	12.25	18.44	12.73	19.58
Total Current Assets	1,909	1,858	1,680	1,863	1,720	1,683
Property, Plant & Equipment	76.5	78.14	75.72	108.69	114.97	197.19
Long-Term Investments	508.9	493.61	420.21	396.21	143.9	49.8
Goodwill	161.71	161.71	208.49	230.12	236.39	117.96
Other Intangible Assets	3.62	2.76	1.92	1.01	0.59	0.83
Long-Term Deferred Tax Assets	6.14	4.63	15.15	2.45	16.32	10.06
Long-Term Deferred Charges	6.54	7.23	9.32	30.53	37.84	48.32
Other Long-Term Assets	40.68	42.62	38.32	30.82	24.75	7.94
Total Assets	2,713	2,649	2,449	2,663	2,294	2,115
Accounts Payable	343.9	391.1	384.85	365.01	377.95	240.97
Accrued Expenses	54.36	113.38	115.11	118.43	108.9	107.51
Short-Term Debt	100.05	80.05	-	161.15	-	-
Current Portion of Leases	-	18.56	13.61	15.18	12.94	11.09
Current Income Taxes Payable	49.57	7.02	9.07	8.83	9.01	33.89
Current Unearned Revenue	322.72	285.46	315.39	280.35	239.16	186.22
Other Current Liabilities	511.52	494.87	449.09	448.7	421.04	415.13
Total Current Liabilities	1,395	1,390	1,287	1,398	1,169	994.82
Long-Term Leases	27.66	24.28	32.84	61.57	68.28	155.92
Long-Term Unearned Revenue	-	-	-	0.77	1.29	1.72
Long-Term Deferred Tax Liabilities	8.85	3.18	2.43	18.93	3.8	-
Other Long-Term Liabilities	-	-	1.45	-	-	-
Total Liabilities	1,432	1,418	1,324	1,479	1,242	1,152
Common Stock	187.78	187.78	187.78	187.78	187.78	187.78
Additional Paid-In Capital	258.86	258.86	258.86	258.91	259.03	259.03
Retained Earnings	812.59	764.88	665.63	708.75	581.14	500.26
Treasury Stock	-20.08	-20.08	-20.08	-	-	-
Comprehensive Income & Other	-0.66	-0.56	-	-	-	-
Total Common Equity	1,238	1,191	1,092	1,155	1,028	947.07
Minority Interest	42.83	39.89	32.95	28.59	24.16	15.92
Shareholders' Equity	1,281	1,231	1,125	1,184	1,052	962.99
Total Liabilities & Equity	2,713	2,649	2,449	2,663	2,294	2,115
Total Debt	140.74	122.88	46.45	237.9	81.22	167.02
Net Cash (Debt)	884.23	1,022	959.2	939.49	962.45	979.49
Net Cash Growth	2.62%	6.60%	2.10%	-2.38%	-1.74%	102.72%
Net Cash Per Share	4.82	5.56	5.25	5.01	5.09	5.24
Filing Date Shares Outstanding	183.49	185.49	185.49	187.78	187.78	187.78
Total Common Shares Outstanding	183.49	185.49	185.49	187.78	187.78	187.78
Working Capital	513.76	467.52	392.72	465.47	550.72	688.53
Book Value Per Share	6.75	6.42	5.89	6.15	5.47	5.04
Tangible Book Value	1,073	1,026	881.77	924.3	790.96	828.28
Tangible Book Value Per Share	5.85	5.53	4.75	4.92	4.21	4.41
Buildings	-	48.43	54.49	54.19	49	46.97
Machinery	-	46.98	51.81	55.71	58.31	47.65
Construction In Progress	-	10.64	4.84	-	-	-

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