SHA:603568 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	2,803	3,275	2,250	2,575	2,391	813.61
Trading Asset Securities	542	-	16	12	5	-
Cash & Short-Term Investments	3,345	3,275	2,266	2,587	2,396	813.61
Cash Growth	26.31%	44.52%	-12.41%	7.99%	194.48%	-33.02%
Accounts Receivable	3,828	3,782	4,017	2,893	1,262	1,273
Other Receivables	84.86	815.53	816.01	795.04	873.75	60.04
Receivables	3,913	4,597	4,833	3,688	2,136	1,333
Inventory	562.57	465.89	312.13	228.21	160.37	138.3
Other Current Assets	842.39	131.67	58.14	116.11	59.64	671.42
Total Current Assets	8,663	8,470	7,470	6,620	4,752	2,956
Property, Plant & Equipment	5,223	5,183	4,394	2,910	2,058	1,754
Long-Term Investments	828.42	770.51	673.92	583.37	401.98	204.04
Other Intangible Assets	15,134	15,140	14,210	13,250	12,531	9,445
Long-Term Deferred Tax Assets	305.44	292.08	291.12	266.73	211.93	133.25
Long-Term Deferred Charges	49.94	52.01	48.98	43.65	37.83	38.68
Other Long-Term Assets	246.62	256.06	382.74	401.36	318.99	165.62
Total Assets	30,451	30,170	27,480	24,101	20,336	14,721
Accounts Payable	2,005	1,177	1,196	926.01	1,338	1,522
Accrued Expenses	54.03	229.24	196.69	226.77	198.41	172.86
Short-Term Debt	753.65	675.1	195.65	425.01	525.78	529.07
Current Portion of Long-Term Debt	957.37	762.16	356.78	523.05	267.18	233.15
Current Portion of Leases	-	1.7	6.1	7.08	5.2	6.8
Current Income Taxes Payable	149.97	146.5	191.04	143.45	51.54	61.96
Current Unearned Revenue	118.45	67.64	102.05	136.43	41.12	7.31
Other Current Liabilities	284.31	1,281	1,045	1,406	111.55	43.84
Total Current Liabilities	4,323	4,340	3,290	3,794	2,538	2,577
Long-Term Debt	6,556	6,752	7,036	5,609	5,198	2,615
Long-Term Leases	12.89	1.53	3.72	7.37	8.1	0.44
Long-Term Unearned Revenue	416.45	409.99	368.75	347.01	285.2	232.44
Long-Term Deferred Tax Liabilities	255.94	245.46	236.43	263.75	262.51	189.88
Other Long-Term Liabilities	1,514	1,507	1,523	1,544	1,397	847
Total Liabilities	13,078	13,256	12,457	11,566	9,690	6,462
Common Stock	1,710	1,710	1,705	1,705	1,694	1,303
Additional Paid-In Capital	1,366	1,366	1,270	1,222	1,146	1,516
Retained Earnings	12,301	11,862	10,462	8,181	6,460	4,899
Treasury Stock	-28.4	-28.4	-237.43	-96.06	-	-
Comprehensive Income & Other	72.62	80.27	106.58	90.35	91.7	-
Total Common Equity	15,422	14,990	13,306	11,102	9,392	7,718
Minority Interest	1,951	1,924	1,718	1,433	1,255	541.36
Shareholders' Equity	17,373	16,914	15,023	12,535	10,646	8,259
Total Liabilities & Equity	30,451	30,170	27,480	24,101	20,336	14,721
Total Debt	8,280	8,192	7,598	6,572	6,004	3,384
Net Cash (Debt)	-4,935	-4,917	-5,332	-3,985	-3,609	-2,571
Net Cash Per Share	-2.92	-2.89	-3.12	-2.31	-2.10	-1.54
Filing Date Shares Outstanding	1,690	1,676	1,694	1,694	1,694	1,694
Total Common Shares Outstanding	1,690	1,676	1,694	1,694	1,694	1,694
Working Capital	4,341	4,130	4,180	2,826	2,213	379.04
Book Value Per Share	9.13	8.95	7.85	6.55	5.54	4.56
Tangible Book Value	287.54	-150.07	-904.42	-2,148	-3,139	-1,728
Tangible Book Value Per Share	0.17	-0.09	-0.53	-1.27	-1.85	-1.02
Buildings	-	1,335	1,099	1,081	840.81	621.79
Machinery	-	3,123	1,485	1,413	1,166	954.91
Construction In Progress	-	1,435	2,375	848.43	374.4	314.41

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