SHA:603610 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	762.67	709.84	854.1	1,553	1,601	1,164
Trading Asset Securities	68.59	40.89	84.75	84.41	81.19	349.85
Cash & Short-Term Investments	831.25	750.72	938.84	1,638	1,682	1,514
Cash Growth	-8.66%	-20.04%	-42.68%	-2.62%	11.09%	-10.33%
Accounts Receivable	564.16	539.22	509.43	317.04	221.8	481.31
Other Receivables	19.44	68.14	61.61	65.6	26.85	33.57
Receivables	583.6	607.36	571.04	382.63	248.65	514.89
Inventory	695.84	733.47	867.71	781.52	737.22	786.32
Prepaid Expenses	-	20.01	10.85	9.99	22.1	3.07
Other Current Assets	92.57	24.72	37.8	33.79	62.3	55.93
Total Current Assets	2,203	2,136	2,426	2,846	2,752	2,874
Property, Plant & Equipment	2,107	2,157	1,592	1,391	1,269	1,049
Long-Term Investments	233.19	266.3	332.73	396.75	424.16	368.52
Goodwill	42.09	42.26	14.9	14.68	17.49	13.22
Other Intangible Assets	215.49	218.24	227.92	128.73	119.87	118.77
Long-Term Deferred Tax Assets	108.69	97.96	116.13	93.88	67.79	61.78
Long-Term Deferred Charges	14.88	16.05	10.56	11.73	16.01	20.95
Other Long-Term Assets	13.32	12.82	16.3	54.34	11.1	3.68
Total Assets	4,938	4,947	4,737	4,937	4,677	4,510
Accounts Payable	342.16	323.42	415.83	250.35	292.09	364.6
Accrued Expenses	65.5	133.42	110.58	97.49	78.79	126.93
Short-Term Debt	445.62	255.49	124.81	404.41	270.11	350.33
Current Portion of Long-Term Debt	93.85	4.22	100.08	100.1	-	-
Current Portion of Leases	-	70.45	49.85	54.3	53.82	49.42
Current Income Taxes Payable	40.91	38.71	43.42	34.05	11.23	23.69
Current Unearned Revenue	13.58	13.7	6.15	8.59	5.84	5.68
Other Current Liabilities	58.3	251.5	223.47	167.67	151.28	65.01
Total Current Liabilities	1,060	1,091	1,074	1,117	863.17	985.67
Long-Term Debt	315.05	266.43	274.82	197.18	349.34	-
Long-Term Leases	358.44	380.1	205.05	245.39	295.73	231.51
Long-Term Unearned Revenue	18.22	18.54	25.47	20.21	15.98	5.85
Long-Term Deferred Tax Liabilities	0.08	0.21	-	1.76	3.1	4.56
Other Long-Term Liabilities	60.69	63.75	84.93	78.36	78.98	70.73
Total Liabilities	1,812	1,820	1,664	1,660	1,606	1,298
Common Stock	352.99	352.99	358.49	358.49	358.49	280.07
Additional Paid-In Capital	1,769	1,769	1,838	1,840	1,824	1,902
Retained Earnings	1,061	1,027	957.29	1,154	948.58	1,032
Treasury Stock	-	-	-74.97	-74.97	-74.97	-
Comprehensive Income & Other	-70.83	-38.59	-9.91	-4.77	9.73	-10.4
Total Common Equity	3,112	3,110	3,069	3,273	3,066	3,204
Minority Interest	14.01	16.55	2.68	3.87	4.73	7.64
Shareholders' Equity	3,126	3,127	3,072	3,277	3,071	3,211
Total Liabilities & Equity	4,938	4,947	4,737	4,937	4,677	4,510
Total Debt	1,213	976.7	754.62	1,001	969	631.26
Net Cash (Debt)	-381.72	-225.97	184.22	636.37	712.81	882.64
Net Cash Growth	-	-	-71.05%	-10.72%	-19.24%	-47.39%
Net Cash Per Share	-1.06	-0.62	0.52	1.79	2.01	2.47
Filing Date Shares Outstanding	337.17	352.99	352.99	352.99	352.99	358.49
Total Common Shares Outstanding	337.17	352.99	352.99	352.99	352.99	358.49
Working Capital	1,143	1,045	1,352	1,729	1,889	1,888
Book Value Per Share	9.23	8.81	8.70	9.27	8.69	8.94
Tangible Book Value	2,854	2,850	2,827	3,130	2,929	3,072
Tangible Book Value Per Share	8.47	8.07	8.01	8.87	8.30	8.57
Land	-	12.22	12.5	19.59	19.26	17.63
Buildings	-	1,206	606.68	626.08	514.11	510
Machinery	-	561.07	458.01	443.56	414.24	359.54
Construction In Progress	-	403.71	641.32	312.78	202.38	41.34

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