SHA:603578 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	1,207	570.63	508.94	466.36	76.06	105.24
Trading Asset Securities	7.3	7.18	13.21	21.9	19.85	8.27
Cash & Short-Term Investments	1,214	577.82	522.14	488.26	95.91	113.51
Cash Growth	106.39%	10.66%	6.94%	409.06%	-15.50%	-34.62%
Accounts Receivable	795.72	787.41	583.94	512.97	434.96	368.7
Other Receivables	2.11	2.77	2.61	6.14	201.61	297.51
Receivables	797.83	790.18	586.55	519.11	636.56	666.2
Inventory	255.9	270.59	220.76	110.61	128.71	113.19
Other Current Assets	17.79	14.45	92.13	10.42	5.24	8.6
Total Current Assets	2,285	1,653	1,422	1,128	866.42	901.51
Property, Plant & Equipment	2,064	2,067	2,264	508.58	254.13	257.67
Long-Term Investments	-	-	-	51.5	51.5	63.36
Goodwill	-	-	10.22	10.22	-	-
Other Intangible Assets	731.7	735.93	752	723.87	32.36	33.34
Long-Term Deferred Tax Assets	-	-	-	-	4.12	3.73
Other Long-Term Assets	1.02	0.7	0.52	263.74	-	-
Total Assets	5,082	4,457	4,448	2,686	1,209	1,260
Accounts Payable	1,296	1,241	1,213	555.99	113.33	190.07
Accrued Expenses	28.86	38.18	48.15	34.14	31.94	32.24
Short-Term Debt	68.97	68.97	29.05	62.55	76.95	72.51
Current Portion of Long-Term Debt	529.69	529.88	32.03	-	-	-
Current Portion of Leases	-	-	1.8	1.89	0.8	0.52
Current Income Taxes Payable	36.57	37.8	7.74	12.5	2.39	6.6
Current Unearned Revenue	18.23	7.88	3.96	0.09	0	0.11
Other Current Liabilities	140.71	162.66	102.76	122.38	0.54	1.02
Total Current Liabilities	2,119	2,086	1,438	789.55	225.95	303.05
Long-Term Debt	410.61	410.61	1,973	763.68	-	-
Long-Term Leases	0.16	0.15	0.41	1.87	1.44	0.39
Long-Term Unearned Revenue	527.87	528.67	30.05	6.86	1.5	1.82
Long-Term Deferred Tax Liabilities	2.58	3.02	2.79	3.96	9.57	5.84
Other Long-Term Liabilities	688.75	651.12	-	-	-	-
Total Liabilities	3,749	3,680	3,444	1,566	238.46	311.1
Common Stock	234.06	180.36	180.36	180.36	180.36	139.08
Additional Paid-In Capital	923.36	410.03	399.45	380.33	406.98	448.26
Retained Earnings	259.87	262.89	432.53	521.58	437.19	363.23
Treasury Stock	-	-	-	-	-63.57	-15.77
Total Common Equity	1,417	853.28	1,012	1,082	960.95	934.79
Minority Interest	-84.15	-75.79	-8.44	38.12	9.12	13.72
Shareholders' Equity	1,333	777.48	1,004	1,120	970.08	948.51
Total Liabilities & Equity	5,082	4,457	4,448	2,686	1,209	1,260
Total Debt	1,009	1,010	2,036	830	79.19	73.41
Net Cash (Debt)	204.51	-431.8	-1,514	-341.75	16.72	40.11
Net Cash Growth	-	-	-	-	-58.31%	-
Net Cash Per Share	1.17	-2.39	-8.31	-1.94	0.09	0.24
Filing Date Shares Outstanding	150.87	182.07	180.36	180.36	175.68	178.88
Total Common Shares Outstanding	150.87	182.07	180.36	180.36	175.68	178.88
Working Capital	166.86	-433.07	-16.51	338.86	640.47	598.46
Book Value Per Share	9.39	4.69	5.61	6.00	5.47	5.23
Tangible Book Value	685.59	117.35	250.13	348.19	928.59	901.45
Tangible Book Value Per Share	4.54	0.64	1.39	1.93	5.29	5.04
Buildings	-	-	1,129	170.52	170.36	170.36
Machinery	-	-	1,175	285.61	286.9	266.05
Construction In Progress	-	-	219.69	267.45	0.63	14.34

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