SHA:603507 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	837.03	1,241	1,028	707.57	648.73
Trading Asset Securities	44.39	36.24	2.18	175.08	23.46
Cash & Short-Term Investments	881.43	1,277	1,030	882.64	672.19
Cash Growth	-30.99%	24.02%	16.69%	31.31%	102.96%
Accounts Receivable	1,167	762.04	892.01	575.49	510.27
Other Receivables	112.21	122.39	110.7	80.26	83.37
Receivables	1,280	884.42	1,003	655.75	593.64
Inventory	1,848	1,116	1,209	1,150	965.88
Prepaid Expenses	-	2.98	1.03	1.87	-
Other Current Assets	421.38	168.23	258.54	399.47	411.34
Total Current Assets	4,431	3,449	3,501	3,090	2,643
Property, Plant & Equipment	3,839	2,504	2,239	1,935	1,868
Long-Term Investments	51.01	53.65	56.26	29.3	24.66
Goodwill	123.33	134.17	139.55	88.79	96.64
Other Intangible Assets	284.33	284.92	170.84	133.5	129.91
Long-Term Accounts Receivable	-	3.19	19.47	-	-
Long-Term Deferred Tax Assets	126.76	99.43	100.99	75.29	51.03
Long-Term Deferred Charges	56.68	76.87	66.5	56.98	20.43
Other Long-Term Assets	104.76	319.89	67.04	75.8	35.32
Total Assets	9,017	6,925	6,361	5,485	4,869
Accounts Payable	1,230	523.83	635.16	611.13	840.38
Accrued Expenses	56.78	74.09	57.19	33.5	27.65
Short-Term Debt	2,209	1,643	1,332	995.88	944.44
Current Portion of Long-Term Debt	1,017	34.47	50.98	25.5	25
Current Portion of Leases	-	608.26	427.74	316.47	235.6
Current Income Taxes Payable	45.63	14.66	54.51	20.52	18.44
Current Unearned Revenue	164.64	224.16	458.18	453.84	462.23
Other Current Liabilities	48.2	27.65	52.14	69.5	111.13
Total Current Liabilities	4,771	3,150	3,068	2,526	2,665
Long-Term Debt	693.35	422.79	8.92	94	110
Long-Term Leases	173.14	744.6	664.94	420.86	303.47
Long-Term Unearned Revenue	61.65	55.57	60.06	62.69	64.83
Long-Term Deferred Tax Liabilities	38.19	33.22	42.59	25.81	5.18
Other Long-Term Liabilities	726.15	1.78	14.74	65.7	65.7
Total Liabilities	6,464	4,408	3,859	3,195	3,214
Common Stock	184.3	184.3	142.03	142.63	125.63
Additional Paid-In Capital	1,370	1,409	1,461	1,452	911.03
Retained Earnings	986.68	929.8	806.56	651.27	592.72
Treasury Stock	-29.53	-52.24	-	-6.17	-13.04
Comprehensive Income & Other	-1	1.57	1.26	0.01	-
Total Common Equity	2,510	2,472	2,411	2,240	1,616
Minority Interest	42.58	44.94	90.74	49.64	38.48
Shareholders' Equity	2,553	2,517	2,502	2,289	1,655
Total Liabilities & Equity	9,017	6,925	6,361	5,485	4,869
Total Debt	4,092	3,453	2,485	1,853	1,619
Net Cash (Debt)	-3,211	-2,175	-1,455	-970.06	-946.32
Net Cash Per Share	-17.58	-11.84	-7.92	-5.74	-5.81
Filing Date Shares Outstanding	186.51	181.95	184.64	185.41	163.32
Total Common Shares Outstanding	186.51	181.95	184.64	185.41	163.32
Working Capital	-340.45	299.38	433.31	563.79	-21.82
Book Value Per Share	13.46	13.59	13.06	12.08	9.90
Tangible Book Value	2,102	2,053	2,101	2,018	1,390
Tangible Book Value Per Share	11.27	11.28	11.38	10.88	8.51
Buildings	-	1,143	955.13	881.86	595.74
Machinery	-	1,719	1,503	1,315	1,160
Construction In Progress	-	193.26	107.96	35.9	300.77
Order Backlog	-	14,600	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.