SHA:603596 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,782	2,185	2,340	2,287	2,076
Short-Term Investments	391.99	-	-	-	-
Trading Asset Securities	2,512	93.56	214.64	400.7	524.77
Cash & Short-Term Investments	4,686	2,279	2,554	2,688	2,601
Cash Growth	105.64%	-10.79%	-4.97%	3.32%	81.07%
Accounts Receivable	6,017	5,234	3,947	2,750	1,854
Other Receivables	8.57	7.2	2.15	2.5	0.97
Receivables	6,034	5,247	3,957	2,761	1,865
Inventory	1,833	1,440	1,052	908.04	426.25
Other Current Assets	434.18	289.68	155.42	128.1	64.36
Total Current Assets	12,987	9,255	7,718	6,485	4,957
Property, Plant & Equipment	3,543	3,025	2,603	1,724	1,001
Long-Term Investments	492.69	172.63	60.23	65.85	88.19
Goodwill	1.82	1.82	1.82	1.82	1.82
Other Intangible Assets	156.78	148.02	154.93	136.15	68.85
Long-Term Deferred Tax Assets	16.8	62.42	61.16	94.28	68.99
Long-Term Deferred Charges	1.49	0.66	0.4	0.52	0.05
Other Long-Term Assets	75.63	120.3	147.2	138.62	66.27
Total Assets	17,276	12,786	10,747	8,646	6,252
Accounts Payable	4,947	4,621	3,439	2,669	1,300
Accrued Expenses	301.83	281.73	174.81	139.76	87.56
Short-Term Debt	10.01	19.8	284.2	-	130.39
Current Portion of Long-Term Debt	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	98.12	109.12	74.78	17.47	29.8
Current Unearned Revenue	40.35	53.17	9.17	18.25	4.88
Other Current Liabilities	364.51	227.8	248.08	203.37	199.17
Total Current Liabilities	5,788	5,326	4,233	3,051	1,773
Long-Term Debt	2,656	85.82	75.72	681.73	771.07
Long-Term Leases	11.48	1.91	2.38	5.52	1.28
Long-Term Unearned Revenue	157.32	166.66	150.82	136.85	116.73
Long-Term Deferred Tax Liabilities	24.53	24.14	22.11	75.15	40.04
Other Long-Term Liabilities	223.88	241.73	208.97	129.68	53.8
Total Liabilities	8,861	5,846	4,693	4,079	2,756
Common Stock	606.51	606.55	433.25	411.83	408.45
Additional Paid-In Capital	1,531	1,554	1,718	942.49	808.48
Retained Earnings	5,637	4,540	3,478	2,726	2,079
Treasury Stock	-75.16	-98.07	-45.33	-82.32	-29.38
Comprehensive Income & Other	298.62	-46.56	93.62	212.65	228.53
Total Common Equity	7,998	6,556	5,677	4,211	3,496
Minority Interest	416.78	384.34	376.7	356.13	-
Shareholders' Equity	8,415	6,940	6,054	4,567	3,496
Total Liabilities & Equity	17,276	12,786	10,747	8,646	6,252
Total Debt	2,704	120.66	364.76	689.69	924.19
Net Cash (Debt)	1,982	2,158	2,189	1,998	1,677
Net Cash Growth	-8.15%	-1.44%	9.58%	19.14%	22.33%
Net Cash Per Share	3.06	3.55	3.76	3.45	2.92
Filing Date Shares Outstanding	604.71	604.71	606.55	576.56	558.36
Total Common Shares Outstanding	604.71	604.71	606.55	576.56	558.36
Working Capital	7,200	3,930	3,485	3,434	3,184
Book Value Per Share	13.23	10.84	9.36	7.30	6.26
Tangible Book Value	7,839	6,406	5,520	4,073	3,425
Tangible Book Value Per Share	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.