SHA:603599 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	921.57	866.11	1,292	7,061	3,895	2,692
Short-Term Investments	-	-	4,593	-	-	-
Trading Asset Securities	1,844	1,949	2,755	3,579	4,745	3,015
Cash & Short-Term Investments	2,766	2,816	8,639	10,640	8,640	5,707
Cash Growth	2.43%	-67.41%	-18.80%	23.15%	51.40%	42.40%
Accounts Receivable	793.69	592.58	229.45	267.13	438.16	512.99
Other Receivables	24.25	61.93	47.13	21.12	19.93	3.1
Receivables	817.95	654.51	276.57	288.26	458.08	516.09
Inventory	585.05	621.22	880.15	1,316	1,176	1,405
Other Current Assets	5,644	5,718	55.55	91.61	102.48	84.1
Total Current Assets	9,813	9,810	9,851	12,336	10,376	7,712
Property, Plant & Equipment	1,867	1,860	2,154	2,370	2,626	2,026
Long-Term Investments	1,184	1,179	2,347	349.58	377.89	-
Goodwill	-	-	-	36.34	36.34	-
Other Intangible Assets	275.07	277.51	236.99	257.22	300.57	208.43
Long-Term Deferred Tax Assets	3.21	1.93	20.62	46.45	88.43	69.87
Long-Term Deferred Charges	-	-	-	-	-	0.18
Other Long-Term Assets	1,235	999.35	50.92	120.36	47.41	136.59
Total Assets	14,378	14,127	14,661	15,516	13,852	10,153
Accounts Payable	989.54	1,361	1,459	2,158	2,651	1,702
Accrued Expenses	14.76	20.01	26.13	27.96	41.3	26.45
Short-Term Debt	2,944	2,404	2,893	2,778	1,239	361.31
Current Portion of Leases	-	-	-	-	1.23	1.04
Current Income Taxes Payable	41.29	104.73	132.5	284.45	316.41	197.04
Current Unearned Revenue	39.96	49.91	238.57	371.23	437.72	675.99
Other Current Liabilities	5.91	9.24	51.81	129.5	214.02	122.37
Total Current Liabilities	4,036	3,949	4,801	5,750	4,901	3,086
Long-Term Debt	-	-	20	-	-	-
Long-Term Leases	-	-	-	-	1	2.18
Long-Term Unearned Revenue	76.93	56.91	63.35	66.81	64.49	53.98
Long-Term Deferred Tax Liabilities	43.91	41.91	71.83	39.28	70.54	51.67
Other Long-Term Liabilities	-	-	-	46.5	-	-
Total Liabilities	4,157	4,048	4,956	5,902	5,037	3,194
Common Stock	910.27	910.27	910.27	910.27	650.26	464.56
Additional Paid-In Capital	1,723	1,723	1,723	1,723	1,979	2,155
Retained Earnings	7,472	7,315	6,904	6,671	5,882	4,227
Treasury Stock	-	-	-	-	-6.98	-29.27
Comprehensive Income & Other	116.02	131.71	168.24	179.48	172.97	142.6
Total Common Equity	10,221	10,080	9,705	9,484	8,678	6,959
Minority Interest	-	-	-	130.07	136.7	-
Shareholders' Equity	10,221	10,080	9,705	9,614	8,815	6,959
Total Liabilities & Equity	14,378	14,127	14,661	15,516	13,852	10,153
Total Debt	2,944	2,404	2,913	2,778	1,241	364.53
Net Cash (Debt)	-178.77	411.55	5,726	7,861	7,398	5,342
Net Cash Growth	-	-92.81%	-27.16%	6.26%	38.49%	33.31%
Net Cash Per Share	-0.19	0.45	6.32	8.63	8.12	5.85
Filing Date Shares Outstanding	925.45	910.37	910.27	910.27	921.45	921.24
Total Common Shares Outstanding	925.45	910.37	910.27	910.27	921.45	921.24
Working Capital	5,777	5,861	5,050	6,586	5,475	4,626
Book Value Per Share	11.04	11.07	10.66	10.42	9.42	7.55
Tangible Book Value	9,946	9,802	9,468	9,190	8,341	6,751
Tangible Book Value Per Share	10.75	10.77	10.40	10.10	9.05	7.33
Buildings	-	-	1,177	1,282	1,279	1,011
Machinery	-	-	2,587	2,724	2,204	1,795
Construction In Progress	-	-	330.73	256.55	785.31	456.25

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