SHA:603551 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	1,101	1,157	1,142	1,273	1,125	1,233
Cash & Short-Term Investments	1,101	1,157	1,142	1,273	1,125	1,233
Cash Growth	3.92%	1.35%	-10.32%	13.15%	-8.76%	-7.34%
Accounts Receivable	149.12	145.08	140.36	144.27	115.4	153.12
Other Receivables	44.03	39.58	29	38.18	35.63	94.46
Receivables	193.14	184.66	169.36	182.45	151.03	247.58
Inventory	165.52	156.05	146.83	179.56	233.67	306.85
Other Current Assets	9.15	9.44	6.68	8.41	11.43	26.96
Total Current Assets	1,468	1,508	1,465	1,644	1,521	1,815
Property, Plant & Equipment	437.38	444.26	472.81	502.84	542.84	501.64
Long-Term Investments	184.52	191.26	189.32	203.44	182.52	112.21
Other Intangible Assets	70.51	72.08	78.7	86.68	99.43	113.41
Long-Term Deferred Tax Assets	25.4	25.06	26.82	25.6	27.86	21.52
Long-Term Deferred Charges	4.14	3.31	2.97	4.01	7.97	8.31
Other Long-Term Assets	24.73	28.59	25.43	23.29	21.78	26.21
Total Assets	2,215	2,272	2,261	2,490	2,404	2,598
Accounts Payable	459.25	526.1	456.91	498.99	483.7	540.46
Accrued Expenses	12.72	26.43	82.92	79.3	95.37	113.36
Short-Term Debt	0.55	0.55	0.55	2.05	3.05	8.02
Current Portion of Long-Term Debt	1.27	1.55	-	-	-	-
Current Portion of Leases	-	-	12.27	6.8	6.68	8.6
Current Income Taxes Payable	21.58	46.42	32.84	24.02	24.27	18.68
Current Unearned Revenue	76.42	84.91	90.5	98.83	90.57	99.48
Other Current Liabilities	113.25	110.39	61.96	66.4	49.43	96.17
Total Current Liabilities	685.04	796.34	737.94	776.39	753.06	884.77
Long-Term Leases	2.91	2.95	2.97	12.32	13.39	20.28
Long-Term Unearned Revenue	37.08	37.8	40.65	43.5	46.35	31.51
Long-Term Deferred Tax Liabilities	-	-	-	-	4.4	2.15
Total Liabilities	725.03	837.08	781.56	832.21	817.2	938.71
Common Stock	384.74	390.16	401.34	401.54	401.7	404.83
Additional Paid-In Capital	595.66	633.1	745.88	741.83	736.04	755.73
Retained Earnings	473.14	417.82	443.69	554.25	523.33	517.3
Treasury Stock	-40.93	-86.69	-199.12	-136.96	-151.04	-78.89
Comprehensive Income & Other	38.2	40.14	41.06	43.92	24.91	12.19
Total Common Equity	1,451	1,395	1,433	1,605	1,535	1,611
Minority Interest	39.19	40.53	46.51	52.85	51.73	48.24
Shareholders' Equity	1,490	1,435	1,479	1,657	1,587	1,659
Total Liabilities & Equity	2,215	2,272	2,261	2,490	2,404	2,598
Total Debt	4.72	5.05	15.79	21.17	23.12	36.9
Net Cash (Debt)	1,096	1,152	1,126	1,252	1,102	1,197
Net Cash Growth	5.00%	2.32%	-10.06%	13.61%	-7.88%	-8.24%
Net Cash Per Share	2.91	3.02	2.92	3.24	2.80	2.70
Filing Date Shares Outstanding	373.57	372.08	381.4	388.47	385.81	570.53
Total Common Shares Outstanding	373.57	372.08	381.4	388.47	385.81	570.53
Working Capital	783.32	711.22	726.92	867.4	768.39	930.05
Book Value Per Share	3.88	3.75	3.76	4.13	3.98	2.82
Tangible Book Value	1,380	1,322	1,354	1,518	1,436	1,498
Tangible Book Value Per Share	3.69	3.55	3.55	3.91	3.72	2.63
Buildings	-	-	560.74	553.06	553.06	409.11
Machinery	-	-	160.62	156.12	70.16	149.06
Construction In Progress	-	-	-	2.13	-	70.02

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