SHA:603569 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	905.3	868.64	635.52	608.78	612.04	837.79
Trading Asset Securities	95.92	25.92	0.47	0.59	0.85	1.26
Cash & Short-Term Investments	1,001	894.56	635.99	609.38	612.88	839.06
Cash Growth	39.02%	40.66%	4.37%	-0.57%	-26.96%	-11.63%
Accounts Receivable	1,323	1,561	1,459	1,422	1,665	1,593
Other Receivables	165.08	170.18	160.4	143.97	128.15	199.1
Receivables	1,488	1,731	1,619	1,566	1,793	1,792
Inventory	186.92	192.49	136.23	112.18	57.04	11.69
Prepaid Expenses	-	-	-	-	6.5	-
Other Current Assets	206	164.15	190.55	150.12	174.6	207.28
Total Current Assets	2,882	2,983	2,582	2,438	2,644	2,850
Property, Plant & Equipment	1,578	1,651	2,032	1,789	1,494	1,469
Long-Term Investments	598.44	608.43	585.65	562.71	478.43	446.39
Goodwill	12.16	12.16	50.49	50.49	7.08	7.08
Other Intangible Assets	446.2	452.14	506.72	549.47	541.92	541.71
Long-Term Accounts Receivable	-	3.04	3.72	-	-	-
Long-Term Deferred Tax Assets	218.96	212.78	182.6	161.81	120.61	95.81
Long-Term Deferred Charges	18.07	20.39	29.71	18.69	6.61	10.88
Other Long-Term Assets	85.91	82.23	86.07	92.41	132.37	173.35
Total Assets	5,840	6,025	6,059	5,662	5,425	5,594
Accounts Payable	699.22	883.87	675.7	581.28	626.03	786.8
Accrued Expenses	6.26	34.94	41.14	42.94	46.65	49.62
Short-Term Debt	1,268	1,220	995.65	939.5	1,035	956.94
Current Portion of Long-Term Debt	177.92	16.68	10.47	47.61	5.36	3.4
Current Portion of Leases	-	13.07	13.5	11.22	77.99	173.23
Current Income Taxes Payable	18.09	4.94	4.88	8.18	16.52	7.16
Current Unearned Revenue	47.82	45.81	56.87	20.48	21.99	20.79
Other Current Liabilities	239.72	367.36	334.51	217.07	315.01	281.49
Total Current Liabilities	2,457	2,586	2,133	1,868	2,144	2,279
Long-Term Debt	41.49	421.52	619	530.7	660.19	612.24
Long-Term Leases	18.98	17.78	39.33	26.85	22.09	105.14
Long-Term Unearned Revenue	9.94	10.04	10.42	11.24	11.18	11.38
Long-Term Deferred Tax Liabilities	8.36	9.43	3.46	3.85	3.28	23.51
Other Long-Term Liabilities	348.67	15.55	6.89	4.69	0.64	0.11
Total Liabilities	2,884	3,061	2,812	2,446	2,842	3,032
Common Stock	603.51	603.51	603.51	603.47	560.35	560.28
Additional Paid-In Capital	994.2	994.2	994.2	912.36	371	385.53
Retained Earnings	1,044	1,043	1,348	1,310	1,255	1,237
Comprehensive Income & Other	11.36	31.79	10.27	117.06	201.4	198.54
Total Common Equity	2,653	2,672	2,956	2,943	2,388	2,382
Minority Interest	302.7	291.66	291.41	273.7	194.99	180.56
Shareholders' Equity	2,956	2,964	3,247	3,217	2,583	2,562
Total Liabilities & Equity	5,840	6,025	6,059	5,662	5,425	5,594
Total Debt	1,506	1,689	1,678	1,556	1,800	1,851
Net Cash (Debt)	-504.88	-794.01	-1,042	-946.49	-1,187	-1,012
Net Cash Per Share	-0.75	-1.27	-1.70	-1.61	-1.98	-1.76
Filing Date Shares Outstanding	593.89	603.51	603.51	603.47	560.35	560.28
Total Common Shares Outstanding	593.89	603.51	603.51	603.47	560.35	560.28
Working Capital	425.73	396.49	449.01	569.24	499.7	570.61
Book Value Per Share	4.47	4.43	4.90	4.88	4.26	4.25
Tangible Book Value	2,195	2,208	2,398	2,343	1,839	1,833
Tangible Book Value Per Share	3.70	3.66	3.97	3.88	3.28	3.27
Buildings	-	795.02	847.79	818.23	817.01	551.41
Machinery	-	2,279	2,304	1,837	598.7	591.75
Construction In Progress	-	4.4	17.67	47.2	48.07	105.66

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