SHA:603507 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	935.38	837.03	1,241	1,028	707.57	648.73
Trading Asset Securities	119.3	44.39	36.24	2.18	175.08	23.46
Cash & Short-Term Investments	1,055	881.43	1,277	1,030	882.64	672.19
Cash Growth	-20.00%	-30.99%	24.02%	16.69%	31.31%	102.96%
Accounts Receivable	1,129	1,167	762.04	892.01	575.49	510.27
Other Receivables	140.07	122.07	122.39	110.7	80.26	83.37
Receivables	1,269	1,290	884.42	1,003	655.75	593.64
Inventory	1,722	1,848	1,116	1,209	1,150	965.88
Prepaid Expenses	-	2.32	2.98	1.03	1.87	-
Other Current Assets	520.75	409.2	168.23	258.54	399.47	411.34
Total Current Assets	4,566	4,431	3,449	3,501	3,090	2,643
Property, Plant & Equipment	3,970	3,839	2,504	2,239	1,935	1,868
Long-Term Investments	50.47	101.01	53.65	56.26	29.3	24.66
Goodwill	123.33	123.33	134.17	139.55	88.79	96.64
Other Intangible Assets	292.02	284.33	284.92	170.84	133.5	129.91
Long-Term Accounts Receivable	-	1.91	3.19	19.47	-	-
Long-Term Deferred Tax Assets	112.34	126.76	99.43	100.99	75.29	51.03
Long-Term Deferred Charges	30.09	56.68	76.87	66.5	56.98	20.43
Other Long-Term Assets	187.97	52.85	319.89	67.04	75.8	35.32
Total Assets	9,333	9,017	6,925	6,361	5,485	4,869
Accounts Payable	1,157	1,230	523.83	635.16	611.13	840.38
Accrued Expenses	60.74	77.01	74.09	57.19	33.5	27.65
Short-Term Debt	2,152	2,209	1,643	1,332	995.88	944.44
Current Portion of Long-Term Debt	1,014	380.38	34.47	50.98	25.5	25
Current Portion of Leases	-	633.79	608.26	427.74	316.47	235.6
Current Income Taxes Payable	35.3	26.56	14.66	54.51	20.52	18.44
Current Unearned Revenue	198.97	164.64	224.16	458.18	453.84	462.23
Other Current Liabilities	32.38	50.04	27.65	52.14	69.5	111.13
Total Current Liabilities	4,650	4,771	3,150	3,068	2,526	2,665
Long-Term Debt	1,091	693.35	422.79	8.92	94	110
Long-Term Leases	103.04	899.29	744.6	664.94	420.86	303.47
Long-Term Unearned Revenue	63.21	61.65	55.57	60.06	62.69	64.83
Long-Term Deferred Tax Liabilities	32.1	38.19	33.22	42.59	25.81	5.18
Other Long-Term Liabilities	746.46	-	1.78	14.74	65.7	65.7
Total Liabilities	6,686	6,464	4,408	3,859	3,195	3,214
Common Stock	184.3	184.3	184.3	142.03	142.63	125.63
Additional Paid-In Capital	1,370	1,370	1,409	1,461	1,452	911.03
Retained Earnings	1,084	986.68	929.8	806.56	651.27	592.72
Treasury Stock	-29.53	-29.53	-52.24	-	-6.17	-13.04
Comprehensive Income & Other	-7.87	-1	1.57	1.26	0.01	-
Total Common Equity	2,600	2,510	2,472	2,411	2,240	1,616
Minority Interest	46.34	42.58	44.94	90.74	49.64	38.48
Shareholders' Equity	2,647	2,553	2,517	2,502	2,289	1,655
Total Liabilities & Equity	9,333	9,017	6,925	6,361	5,485	4,869
Total Debt	4,360	4,816	3,453	2,485	1,853	1,619
Net Cash (Debt)	-3,305	-3,934	-2,175	-1,455	-970.06	-946.32
Net Cash Per Share	-19.62	-21.54	-11.84	-7.92	-5.74	-5.81
Filing Date Shares Outstanding	183.14	183.82	181.95	184.64	185.41	163.32
Total Common Shares Outstanding	183.14	183.82	181.95	184.64	185.41	163.32
Working Capital	-84.17	-340.45	299.38	433.31	563.79	-21.82
Book Value Per Share	14.20	13.66	13.59	13.06	12.08	9.90
Tangible Book Value	2,185	2,102	2,053	2,101	2,018	1,390
Tangible Book Value Per Share	11.93	11.44	11.28	11.38	10.88	8.51
Buildings	-	1,356	1,143	955.13	881.86	595.74
Machinery	-	1,933	1,719	1,503	1,315	1,160
Construction In Progress	-	1,048	193.26	107.96	35.9	300.77
Order Backlog	-	3,866	-	-	-	-

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