SHA:603601 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	406.87	393.13	273.58	212.45	481.59	310.81
Trading Asset Securities	616.71	601.71	426.84	412	271.92	2.39
Cash & Short-Term Investments	1,024	994.84	700.42	624.45	753.51	313.2
Cash Growth	35.99%	42.03%	12.17%	-17.13%	140.58%	-30.85%
Accounts Receivable	621.1	652.72	739.01	748.5	697.57	784.22
Other Receivables	15.63	21.39	73.49	147.1	26.37	22.56
Receivables	636.74	674.1	812.5	895.6	723.94	806.79
Inventory	157.69	166.39	166.33	184.36	283.67	178.19
Other Current Assets	53.47	38.45	66.92	30	42.58	26.73
Total Current Assets	1,871	1,874	1,746	1,734	1,804	1,325
Property, Plant & Equipment	823.9	839.39	908.48	912.87	1,018	984.38
Long-Term Investments	239.67	243.65	248.31	241.73	95.61	88.17
Goodwill	24.05	24.05	24.05	24.05	262.66	280.18
Other Intangible Assets	134.5	137.28	141.57	136.86	184.85	183.37
Long-Term Accounts Receivable	-	-	-	0.28	24.55	21.92
Long-Term Deferred Tax Assets	21.52	22.17	15.67	18.26	18.04	12.75
Long-Term Deferred Charges	25.24	19.78	17.42	23.52	7.01	15.41
Other Long-Term Assets	12.45	10.23	3.3	2.38	3.66	21.95
Total Assets	3,153	3,170	3,105	3,094	3,418	2,933
Accounts Payable	143.5	141.49	144.94	135.3	196.35	252
Accrued Expenses	30.16	39.46	56.29	47.57	89.57	38.78
Short-Term Debt	-	-	2.97	-	140.86	344.35
Current Portion of Long-Term Debt	3.03	4.02	5.1	2.39	51.73	-
Current Portion of Leases	-	-	3.28	4.35	4.5	3.29
Current Income Taxes Payable	17.8	18.82	8.18	3.35	2.89	9.7
Current Unearned Revenue	20.65	33.28	30.47	16.78	21.68	21.96
Other Current Liabilities	89.13	95.08	66.08	67.94	96.56	71.68
Total Current Liabilities	304.27	332.15	317.3	277.68	604.14	741.76
Long-Term Debt	-	218.75	457.39	434.46	459.91	50
Long-Term Leases	2.65	3.47	7.14	12.23	16.16	19.99
Long-Term Unearned Revenue	67.92	70.63	67.62	75.5	77.36	71.72
Long-Term Deferred Tax Liabilities	27.68	30.34	30.13	28.42	20.94	17.41
Total Liabilities	402.51	655.35	879.59	828.29	1,178	900.87
Common Stock	1,142	1,088	1,022	1,022	1,020	725.03
Additional Paid-In Capital	665.84	462.42	209.15	216.65	212.34	477.17
Retained Earnings	896.93	882.63	857.27	858.47	864.82	789.83
Treasury Stock	-	-	-	-	-	-7.85
Comprehensive Income & Other	0.82	37.89	96.44	96.79	96.8	-
Total Common Equity	2,706	2,471	2,185	2,194	2,194	1,984
Minority Interest	44.36	44.03	40.88	72.52	44.9	48
Shareholders' Equity	2,750	2,515	2,225	2,266	2,239	2,032
Total Liabilities & Equity	3,153	3,170	3,105	3,094	3,418	2,933
Total Debt	5.68	226.24	475.87	453.44	673.14	417.63
Net Cash (Debt)	1,018	768.6	224.55	171.02	80.37	-104.43
Net Cash Growth	272.64%	242.28%	31.30%	112.78%	-	-
Net Cash Per Share	0.96	0.75	0.22	0.17	0.08	-0.10
Filing Date Shares Outstanding	1,182	1,026	1,022	1,022	1,020	991.97
Total Common Shares Outstanding	1,182	1,026	1,022	1,022	1,020	991.97
Working Capital	1,567	1,542	1,429	1,457	1,200	583.16
Book Value Per Share	2.29	2.41	2.14	2.15	2.15	2.00
Tangible Book Value	2,547	2,310	2,019	2,033	1,747	1,521
Tangible Book Value Per Share	2.15	2.25	1.98	1.99	1.71	1.53
Buildings	-	-	449.84	440.71	459.52	373.33
Machinery	-	-	920.66	908.55	927.63	759.74
Construction In Progress	-	-	72.77	23.23	18.98	147.69

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