SHA:603586 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	880.79	868.81	668.94	747.65	874.45	833.36
Short-Term Investments	-	21.5	10	-	-	-
Cash & Short-Term Investments	880.79	890.31	678.94	747.65	874.45	833.36
Cash Growth	17.42%	31.13%	-9.19%	-14.50%	4.93%	2.81%
Accounts Receivable	476.54	439.57	678.67	537.62	534.67	386.25
Other Receivables	5.7	23.16	23.77	20.28	27.88	17.27
Receivables	482.24	462.73	702.44	557.9	562.55	403.52
Inventory	359.9	392.95	400.06	352.48	335.45	330.27
Other Current Assets	85.75	22.75	33.02	9.76	22.57	53.09
Total Current Assets	1,809	1,769	1,814	1,668	1,795	1,620
Property, Plant & Equipment	569.48	573.69	602.04	671.74	728.84	861.52
Long-Term Investments	127.96	113.8	121.49	102.49	119.24	91.92
Other Intangible Assets	112.83	113.88	117.62	116.79	118.72	126.43
Long-Term Deferred Tax Assets	17.87	18.06	18.43	11.31	23.48	37.54
Other Long-Term Assets	46.69	47.59	52.32	60.25	63.65	9.55
Total Assets	2,684	2,636	2,726	2,630	2,849	2,747
Accounts Payable	183.06	182.29	236.8	170.31	179.09	195.41
Accrued Expenses	36.15	73.24	68.83	54.73	75.67	65.59
Short-Term Debt	-	-	40.39	90	160	270
Current Portion of Long-Term Debt	21.11	20	-	-	150	-
Current Portion of Leases	-	0.19	0.97	0.97	0.3	0.62
Current Income Taxes Payable	7.02	0.38	6.48	5.68	4.97	0.15
Current Unearned Revenue	7.22	6.02	12.89	14.08	32.22	21.11
Other Current Liabilities	35.11	10.33	11.68	22.25	10.11	20.51
Total Current Liabilities	289.67	292.44	378.03	358.02	612.35	573.4
Long-Term Debt	60	30	60	-	-	150
Long-Term Leases	2.03	0.17	0.2	1.2	0.28	0.56
Long-Term Unearned Revenue	10.24	10.65	12.07	13.78	16.18	20.25
Total Liabilities	361.95	333.26	450.3	373.01	628.8	744.21
Common Stock	196.05	196.05	196.05	196.05	196.05	203.46
Additional Paid-In Capital	1,098	1,098	1,098	1,098	1,098	1,201
Retained Earnings	965.81	957.29	918.95	915	879.82	686.56
Treasury Stock	-	-	-	-	-	-109.05
Comprehensive Income & Other	61.33	50.76	62.67	47.93	45.9	21.5
Total Common Equity	2,322	2,302	2,276	2,257	2,220	2,003
Shareholders' Equity	2,322	2,302	2,276	2,257	2,220	2,003
Total Liabilities & Equity	2,684	2,636	2,726	2,630	2,849	2,747
Total Debt	83.15	50.36	101.56	92.17	310.58	421.18
Net Cash (Debt)	797.64	839.95	577.37	655.48	563.87	412.18
Net Cash Growth	22.95%	45.48%	-11.92%	16.25%	36.80%	-37.60%
Net Cash Per Share	4.02	4.31	2.94	3.35	2.83	2.11
Filing Date Shares Outstanding	212.8	196.05	196.05	196.05	196.05	197.4
Total Common Shares Outstanding	212.8	196.05	196.05	196.05	196.05	197.4
Working Capital	1,519	1,476	1,436	1,310	1,183	1,047
Book Value Per Share	10.91	11.74	11.61	11.51	11.32	10.15
Tangible Book Value	2,209	2,189	2,158	2,141	2,101	1,877
Tangible Book Value Per Share	10.38	11.16	11.01	10.92	10.72	9.51
Buildings	-	479.49	469.29	467.68	440.29	434.34
Machinery	-	1,302	1,274	1,256	1,228	1,224
Construction In Progress	-	32.87	22.89	15.98	23.45	67.19

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