SHA:603529 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	2,698	1,970	2,914	6,667	6,633	2,846
Trading Asset Securities	2,620	3,730	3,670	176.04	142.67	1,266
Cash & Short-Term Investments	5,317	5,699	6,584	6,843	6,776	4,112
Cash Growth	-28.98%	-13.44%	-3.79%	0.99%	64.78%	59.22%
Accounts Receivable	755.81	567.34	409.6	366.73	298.7	256.93
Other Receivables	31.18	26.35	27.67	15.69	28.05	150.07
Receivables	786.99	593.69	437.27	382.42	326.75	407
Inventory	1,029	874.26	810.75	575.34	810.51	795.69
Other Current Assets	3,414	4,198	2,401	1,785	3,619	192.35
Total Current Assets	10,547	11,365	10,233	9,586	11,533	5,507
Property, Plant & Equipment	8,118	7,665	5,765	3,210	2,161	2,119
Long-Term Investments	285.7	480.23	1,104	771.37	422.99	5,025
Goodwill	7.33	7.33	14.35	-	-	-
Other Intangible Assets	885.61	948.29	1,119	715.93	457.99	332.07
Long-Term Deferred Tax Assets	370.65	304.8	257.68	167.94	84.02	88.84
Long-Term Deferred Charges	58.92	62.88	40.64	39.33	43.9	29.39
Other Long-Term Assets	4,664	4,741	4,785	5,402	3,769	295.26
Total Assets	24,938	25,575	23,319	19,893	18,471	13,397
Accounts Payable	9,282	10,335	9,365	8,492	9,389	7,058
Accrued Expenses	139.95	392.88	383.22	262.65	251.91	185.06
Short-Term Debt	43.6	30.98	74.21	-	511.25	-
Current Portion of Long-Term Debt	15.27	16.67	8.33	5	-	-
Current Portion of Leases	-	11.68	22.42	12.57	5.68	5.92
Current Income Taxes Payable	183.88	68.84	105.89	124.82	134.65	47.39
Current Unearned Revenue	949.98	916.41	936.17	625.23	638.43	483.54
Other Current Liabilities	1,455	1,250	1,037	600.05	539.97	470.91
Total Current Liabilities	12,070	13,023	11,933	10,122	11,471	8,251
Long-Term Debt	1,872	1,847	1,747	1,645	-	-
Long-Term Leases	3.25	3.7	16.95	43.48	53.52	46.59
Long-Term Unearned Revenue	663.4	602.45	461.05	292.43	198.07	118.88
Long-Term Deferred Tax Liabilities	5.17	13.6	21.1	10.36	14.38	0.43
Total Liabilities	14,614	15,490	14,179	12,113	11,737	8,417
Common Stock	867.89	867.89	861.72	861.93	574.7	403.66
Additional Paid-In Capital	1,783	1,759	1,578	1,763	1,978	1,936
Retained Earnings	7,559	7,363	6,378	5,136	4,304	2,635
Treasury Stock	-320.72	-320.72	-220.54	-481.51	-134.95	-
Comprehensive Income & Other	321.57	322.12	432.82	432.65	-	-
Total Common Equity	10,211	9,991	9,030	7,712	6,721	4,975
Minority Interest	112.61	93.95	110.02	68.03	13.15	4.94
Shareholders' Equity	10,324	10,085	9,140	7,780	6,734	4,980
Total Liabilities & Equity	24,938	25,575	23,319	19,893	18,471	13,397
Total Debt	1,934	1,910	1,869	1,706	570.45	52.51
Net Cash (Debt)	3,383	3,789	4,716	5,138	6,206	4,060
Net Cash Growth	-39.71%	-19.65%	-8.22%	-17.21%	52.86%	57.19%
Net Cash Per Share	3.77	4.21	5.36	5.79	7.31	5.21
Filing Date Shares Outstanding	852.71	916.32	860.97	847.79	862.05	861.92
Total Common Shares Outstanding	852.71	916.32	860.97	847.79	862.05	847.69
Working Capital	-1,523	-1,658	-1,700	-535.78	61.61	-2,744
Book Value Per Share	11.97	10.90	10.49	9.10	7.80	5.87
Tangible Book Value	9,318	9,035	7,896	6,996	6,263	4,643
Tangible Book Value Per Share	10.93	9.86	9.17	8.25	7.27	5.48
Buildings	-	4,761	3,324	1,961	1,952	1,908
Machinery	-	2,452	1,898	1,451	1,073	873.35
Construction In Progress	-	2,335	2,048	992.21	86.01	114.13

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