SHA:603527 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	390.17	347.78	183.05	385.84	216.74	188.6
Trading Asset Securities	3	10.01	-	-	-	-
Cash & Short-Term Investments	393.17	357.8	183.05	385.84	216.74	188.6
Cash Growth	23.07%	95.47%	-52.56%	78.02%	14.92%	66.89%
Accounts Receivable	1,693	1,294	1,207	782.45	668	642.61
Other Receivables	4.71	2.48	2.14	3.05	13.33	82.64
Receivables	1,698	1,296	1,209	785.51	681.34	725.25
Inventory	1,383	1,427	1,103	593.49	520.25	526.59
Prepaid Expenses	-	-	0.44	-	-	-
Other Current Assets	232.82	345.92	248.08	83.56	41.75	55.69
Total Current Assets	3,707	3,427	2,744	1,848	1,460	1,496
Property, Plant & Equipment	1,313	1,335	1,171	1,034	436.22	341.21
Long-Term Investments	86.79	86.78	39.71	37.01	26.98	23.43
Other Intangible Assets	84.5	85.04	74.32	76.17	78.02	39.23
Long-Term Deferred Tax Assets	53.3	45.5	35.55	27.34	21.29	14.89
Long-Term Deferred Charges	2.78	2.13	0.97	1.52	0.15	0.27
Other Long-Term Assets	17.46	17.77	35.1	36.22	145.77	4.83
Total Assets	5,265	4,999	4,100	3,060	2,169	1,920
Accounts Payable	672.81	763.44	397.86	91.35	314.02	148.92
Accrued Expenses	16.92	49.1	74.42	40.65	47.59	44.31
Short-Term Debt	1,842	1,531	1,066	500.39	386.23	581.16
Current Portion of Long-Term Debt	85.92	-	98.69	17.35	-	-
Current Portion of Leases	-	-	2.58	2.42	2.31	2.24
Current Income Taxes Payable	36.09	-	10.7	17.6	8.04	11.54
Current Unearned Revenue	35.18	17.59	9.57	9.24	11.16	13.18
Other Current Liabilities	10.36	135.11	108.15	117.79	37.05	9.04
Total Current Liabilities	2,700	2,496	1,768	796.8	806.4	810.4
Long-Term Debt	163.04	137.14	106.27	127.77	84.36	2
Long-Term Leases	-	-	2.03	4.61	7.03	9.35
Long-Term Unearned Revenue	88.15	89.2	89.8	90.55	46.75	32.03
Long-Term Deferred Tax Liabilities	0.72	0.72	0.72	0.72	4	-
Other Long-Term Liabilities	87.87	87.08	82.32	82.32	36.59	-
Total Liabilities	3,039	2,810	2,049	1,103	985.13	853.78
Common Stock	316.97	316.97	316.97	316.97	243.82	243.82
Additional Paid-In Capital	1,001	1,001	942.59	942.38	298.08	298.08
Retained Earnings	761.13	722.73	710.34	630.6	579.09	487.68
Comprehensive Income & Other	42.14	42.48	40.5	40.44	31.36	25.35
Total Common Equity	2,121	2,083	2,010	1,930	1,152	1,055
Minority Interest	104.29	106.12	40.85	27.16	31.01	11.27
Shareholders' Equity	2,226	2,189	2,051	1,958	1,183	1,066
Total Liabilities & Equity	5,265	4,999	4,100	3,060	2,169	1,920
Total Debt	2,091	1,668	1,276	652.54	479.94	594.75
Net Cash (Debt)	-1,698	-1,310	-1,093	-266.7	-263.2	-406.15
Net Cash Per Share	-5.35	-4.15	-3.43	-1.00	-1.09	-1.65
Filing Date Shares Outstanding	320.01	323.52	316.97	316.97	243.82	243.82
Total Common Shares Outstanding	320.01	323.52	316.97	316.97	243.82	243.82
Working Capital	1,007	931.24	975.97	1,052	653.68	685.72
Book Value Per Share	6.63	6.44	6.34	6.09	4.73	4.33
Tangible Book Value	2,037	1,998	1,936	1,854	1,074	1,016
Tangible Book Value Per Share	6.36	6.18	6.11	5.85	4.41	4.17
Buildings	-	-	314.51	127.89	126.13	93.69
Machinery	-	-	990.7	518.62	468.48	388.35
Construction In Progress	-	-	183.6	641.87	49.72	34.63

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