SHA:603508 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	915.67	1,065	1,665	1,615	1,445	1,460
Trading Asset Securities	370.2	80.01	-	-	80	71.59
Cash & Short-Term Investments	1,286	1,145	1,665	1,615	1,525	1,531
Cash Growth	-23.26%	-31.24%	3.10%	5.93%	-0.43%	-1.51%
Accounts Receivable	933.28	998.81	1,114	1,004	874.38	740.32
Other Receivables	17.8	14.04	18.47	16.25	20.15	14.82
Receivables	951.08	1,013	1,132	1,020	894.53	755.13
Inventory	392.75	409.04	402.1	381.69	343.89	306.22
Other Current Assets	13.86	9.35	10.24	11.51	19.92	20.74
Total Current Assets	2,644	2,576	3,210	3,029	2,783	2,613
Property, Plant & Equipment	257.33	262	282.41	314.47	304.92	281.39
Long-Term Investments	3.4	3.4	3.61	22.43	22.43	22.43
Goodwill	1,391	1,391	1,391	1,391	1,391	1,391
Other Intangible Assets	52.73	53.31	56.19	73.86	76.82	85.86
Long-Term Deferred Tax Assets	21.15	21.81	26.19	23.67	17.98	23.21
Long-Term Deferred Charges	1.19	1.32	0.49	0.1	0.18	0.08
Other Long-Term Assets	257.28	253.39	275.5	186.74	198.23	211.68
Total Assets	4,628	4,563	5,246	5,042	4,795	4,630
Accounts Payable	170.32	153.51	168.91	169.49	152.02	130.6
Accrued Expenses	38.49	176.02	143.16	96.24	91.23	56.29
Short-Term Debt	-	-	16.84	-	-	-
Current Income Taxes Payable	63.83	35.99	48.12	37.35	18.14	43.89
Current Unearned Revenue	15.4	22.06	22.21	46.13	61.83	42.76
Other Current Liabilities	23.67	28.12	10.1	34.05	31.18	65.04
Total Current Liabilities	311.72	415.7	409.33	383.26	354.4	338.57
Long-Term Unearned Revenue	-	-	0.01	0.07	0.55	1.03
Long-Term Deferred Tax Liabilities	4.01	4.32	3.81	3.41	5.27	6.98
Other Long-Term Liabilities	-	-	9.06	-	-	-
Total Liabilities	315.73	420.01	422.21	386.74	360.23	346.58
Common Stock	381.27	381.27	381.27	381.27	381.27	272.34
Additional Paid-In Capital	2,327	2,327	2,327	2,327	2,327	2,432
Retained Earnings	1,493	1,333	2,030	1,866	1,661	1,546
Treasury Stock	-	-	-	-	-	-19.17
Comprehensive Income & Other	-34.68	-36.21	-36.97	-20.81	-21.59	-21.59
Total Common Equity	4,167	4,004	4,701	4,553	4,348	4,210
Minority Interest	145.77	138.64	122.46	102	87.06	73.38
Shareholders' Equity	4,312	4,143	4,824	4,655	4,435	4,283
Total Liabilities & Equity	4,628	4,563	5,246	5,042	4,795	4,630
Total Debt	-	-	16.84	-	-	-
Net Cash (Debt)	1,286	1,145	1,648	1,615	1,525	1,531
Net Cash Growth	-22.57%	-30.53%	2.06%	5.93%	-0.43%	-0.48%
Net Cash Per Share	3.38	3.01	4.33	4.23	4.01	4.01
Filing Date Shares Outstanding	382.44	381.27	381.27	381.27	381.27	372
Total Common Shares Outstanding	382.44	381.27	381.27	381.27	381.27	372
Working Capital	2,332	2,161	2,801	2,646	2,429	2,275
Book Value Per Share	10.89	10.50	12.33	11.94	11.40	11.32
Tangible Book Value	2,722	2,560	3,254	3,088	2,880	2,732
Tangible Book Value Per Share	7.12	6.71	8.53	8.10	7.55	7.34
Buildings	-	274.92	285.03	329.33	212.57	212.57
Machinery	-	174.75	176.27	157.69	153.12	155.4
Construction In Progress	-	0.69	0.34	27.02	116.43	69.29

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