SHA:603606 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	2,534	3,048	2,855	2,142	2,258	1,676
Trading Asset Securities	-	-	-	85.89	110.01	145.78
Cash & Short-Term Investments	2,534	3,048	2,855	2,228	2,368	1,822
Cash Growth	17.89%	6.73%	28.17%	-5.92%	29.99%	43.72%
Accounts Receivable	4,620	3,710	3,557	3,304	2,857	2,918
Other Receivables	22.86	28.24	35.07	71.08	60.41	31.33
Receivables	4,643	3,738	3,592	3,375	2,917	2,949
Inventory	4,356	3,950	1,834	2,148	1,321	1,518
Other Current Assets	388.39	685.76	238.2	166.47	225.35	41.65
Total Current Assets	11,921	11,421	8,520	7,917	6,831	6,330
Property, Plant & Equipment	2,924	2,905	2,541	2,139	1,813	1,638
Long-Term Investments	125.41	125.75	141.13	48.49	27.31	10.73
Goodwill	-	-	-	-	-	0.98
Other Intangible Assets	410.28	414.56	423.64	364.21	323.83	280.34
Long-Term Deferred Tax Assets	131.76	79.21	107.26	95.07	68.1	58.89
Long-Term Deferred Charges	9.6	10.91	7.82	11.92	12.26	8.6
Other Long-Term Assets	664.39	580.09	433.19	64.57	111.67	56.32
Total Assets	16,187	15,536	12,174	10,640	9,188	8,384
Accounts Payable	3,601	3,319	2,672	2,249	1,671	1,835
Accrued Expenses	21.33	207.82	77.53	62.13	64.63	209
Short-Term Debt	-	2.01	40.02	-	101.87	246.37
Current Portion of Long-Term Debt	356.64	344.05	560.42	460.4	-	350.63
Current Portion of Leases	-	1.73	5.67	6.7	7.06	2.45
Current Income Taxes Payable	98.87	154.06	4.2	33.92	3.53	49.02
Current Unearned Revenue	2,502	2,370	1,148	853.25	509.59	626.66
Other Current Liabilities	465.89	279.48	132.34	135.46	82.97	93.59
Total Current Liabilities	7,046	6,678	4,639	3,801	2,440	3,413
Long-Term Debt	518.93	463.23	510.26	353.27	1,061	-
Long-Term Leases	0.57	0.78	0.17	7.2	13.61	3.48
Long-Term Unearned Revenue	95.51	90.56	85.66	94.38	75.01	63.98
Pension & Post-Retirement Benefits	20.27	20.27	34.09	52.06	52.06	-
Long-Term Deferred Tax Liabilities	-	-	43.03	41.37	43.57	11.63
Other Long-Term Liabilities	-	-	-	0.25	9.07	6.12
Total Liabilities	7,682	7,253	5,313	4,349	3,694	3,498
Common Stock	687.72	687.72	687.72	687.72	687.72	687.72
Additional Paid-In Capital	1,305	1,305	1,305	1,304	1,304	1,304
Retained Earnings	6,264	5,892	4,974	4,275	3,447	2,846
Treasury Stock	-107.19	-107.19	-89.2	-	-	-
Comprehensive Income & Other	356.24	504.89	-16.22	23.39	54.36	43.63
Total Common Equity	8,506	8,283	6,862	6,291	5,493	4,882
Minority Interest	-	-	-	-	-	4.15
Shareholders' Equity	8,506	8,283	6,862	6,291	5,493	4,886
Total Liabilities & Equity	16,187	15,536	12,174	10,640	9,188	8,384
Total Debt	876.15	811.79	1,117	827.57	1,183	602.93
Net Cash (Debt)	1,657	2,236	1,739	1,400	1,184	1,219
Net Cash Growth	57.86%	28.59%	24.19%	18.22%	-2.81%	115.61%
Net Cash Per Share	2.41	3.25	2.54	2.03	1.72	1.86
Filing Date Shares Outstanding	685.47	685.47	685.47	687.72	687.72	687.72
Total Common Shares Outstanding	685.47	685.47	685.47	687.72	687.72	687.72
Working Capital	4,875	4,743	3,881	4,116	4,391	2,917
Book Value Per Share	12.41	12.08	10.01	9.15	7.99	7.10
Tangible Book Value	8,095	7,868	6,438	5,926	5,170	4,600
Tangible Book Value Per Share	11.81	11.48	9.39	8.62	7.52	6.69
Buildings	-	2,059	1,654	1,353	1,266	527.7
Machinery	-	1,635	1,230	1,227	979.22	662.52
Construction In Progress	-	183	443.66	196.54	66.12	873.84
Order Backlog	-	19,312	-	-	-	-

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