SHA:603596 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	1,727	1,782	2,185	2,340	2,287	2,076
Short-Term Investments	-	391.99	-	-	-	-
Trading Asset Securities	2,425	2,512	93.56	214.64	400.7	524.77
Cash & Short-Term Investments	4,153	4,686	2,279	2,554	2,688	2,601
Cash Growth	83.66%	105.64%	-10.79%	-4.97%	3.32%	81.07%
Accounts Receivable	5,997	6,017	5,234	3,947	2,750	1,854
Other Receivables	27.31	8.57	7.2	2.15	2.5	0.97
Receivables	6,025	6,034	5,247	3,957	2,761	1,865
Inventory	1,849	1,833	1,440	1,052	908.04	426.25
Other Current Assets	845.27	434.18	289.68	155.42	128.1	64.36
Total Current Assets	12,872	12,987	9,255	7,718	6,485	4,957
Property, Plant & Equipment	3,519	3,543	3,025	2,603	1,724	1,001
Long-Term Investments	659.21	492.69	172.63	60.23	65.85	88.19
Goodwill	1.82	1.82	1.82	1.82	1.82	1.82
Other Intangible Assets	159.64	156.78	148.02	154.93	136.15	68.85
Long-Term Deferred Tax Assets	17.19	16.8	62.42	61.16	94.28	68.99
Long-Term Deferred Charges	2.09	1.49	0.66	0.4	0.52	0.05
Other Long-Term Assets	107.43	75.63	120.3	147.2	138.62	66.27
Total Assets	17,339	17,276	12,786	10,747	8,646	6,252
Accounts Payable	4,977	4,947	4,621	3,439	2,669	1,300
Accrued Expenses	196.54	301.83	281.73	174.81	139.76	87.56
Short-Term Debt	40	10.01	19.8	284.2	-	130.39
Current Portion of Long-Term Debt	73.41	22.45	9.98	0.01	-	20.02
Current Portion of Leases	-	3.52	3.14	2.45	2.44	1.43
Current Income Taxes Payable	118.54	98.12	109.12	74.78	17.47	29.8
Current Unearned Revenue	22	40.35	53.17	9.17	18.25	4.88
Other Current Liabilities	121.78	364.51	227.8	248.08	203.37	199.17
Total Current Liabilities	5,549	5,788	5,326	4,233	3,051	1,773
Long-Term Debt	2,655	2,656	85.82	75.72	681.73	771.07
Long-Term Leases	10.96	11.48	1.91	2.38	5.52	1.28
Long-Term Unearned Revenue	179.9	157.32	166.66	150.82	136.85	116.73
Long-Term Deferred Tax Liabilities	31.43	24.53	24.14	22.11	75.15	40.04
Other Long-Term Liabilities	242.73	223.88	241.73	208.97	129.68	53.8
Total Liabilities	8,669	8,861	5,846	4,693	4,079	2,756
Common Stock	606.51	606.51	606.55	433.25	411.83	408.45
Additional Paid-In Capital	1,535	1,531	1,554	1,718	942.49	808.48
Retained Earnings	5,906	5,637	4,540	3,478	2,726	2,079
Treasury Stock	-75.16	-75.16	-98.07	-45.33	-82.32	-29.38
Comprehensive Income & Other	280.26	298.62	-46.56	93.62	212.65	228.53
Total Common Equity	8,252	7,998	6,556	5,677	4,211	3,496
Minority Interest	417.5	416.78	384.34	376.7	356.13	-
Shareholders' Equity	8,670	8,415	6,940	6,054	4,567	3,496
Total Liabilities & Equity	17,339	17,276	12,786	10,747	8,646	6,252
Total Debt	2,779	2,704	120.66	364.76	689.69	924.19
Net Cash (Debt)	1,373	1,982	2,158	2,189	1,998	1,677
Net Cash Growth	-34.22%	-8.15%	-1.44%	9.58%	19.14%	22.33%
Net Cash Per Share	2.11	3.06	3.55	3.76	3.45	2.92
Filing Date Shares Outstanding	610.55	604.71	604.71	606.55	576.56	558.36
Total Common Shares Outstanding	610.55	604.71	604.71	606.55	576.56	558.36
Working Capital	7,323	7,200	3,930	3,485	3,434	3,184
Book Value Per Share	13.52	13.23	10.84	9.36	7.30	6.26
Tangible Book Value	8,091	7,839	6,406	5,520	4,073	3,425
Tangible Book Value Per Share	13.25	12.96	10.59	9.10	7.06	6.13
Land	-	96.37	57.73	70.3	35.83	10.36
Buildings	-	924.42	780.36	683.2	475.04	278.58
Machinery	-	3,813	3,117	2,545	1,825	1,067
Construction In Progress	-	400.9	447.45	420.79	303.06	140.23

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