SHA:603617 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	727.26	698.13	748.04	802.33	571.12	516.4
Trading Asset Securities	50.19	-	-	-	277.71	284.19
Cash & Short-Term Investments	777.46	698.13	748.04	802.33	848.82	800.59
Cash Growth	-7.27%	-6.67%	-6.77%	-5.48%	6.02%	56.42%
Accounts Receivable	221.61	247.39	289.54	185.05	168.44	216.79
Other Receivables	14.06	20.06	19.59	21.78	17.06	24.7
Receivables	235.66	267.45	309.13	206.82	185.5	241.49
Inventory	282.4	280.2	291.89	209	260.83	324.29
Other Current Assets	22.87	22.15	7.89	6.32	5.98	3.71
Total Current Assets	1,318	1,268	1,357	1,224	1,301	1,370
Property, Plant & Equipment	824.01	814.6	769.82	657.77	652.8	545.94
Long-Term Investments	3.65	3.65	4	4	361.55	4
Goodwill	3.38	3.38	3.38	3.96	6.88	0.1
Other Intangible Assets	176.47	177.36	179.87	146.34	166.11	167.92
Long-Term Deferred Tax Assets	22.39	22.65	20.74	13.68	6.17	9.2
Long-Term Deferred Charges	1.31	1.39	1.2	-	-	-
Other Long-Term Assets	69.26	66.16	57.88	63.46	7.07	12.28
Total Assets	2,419	2,357	2,394	2,114	2,502	2,110
Accounts Payable	228.32	223.31	287.02	163	146.61	231.23
Accrued Expenses	12.04	17.47	33.47	26.03	25.04	26.23
Short-Term Debt	511.84	456.28	443.86	420.81	722.52	359.6
Current Portion of Long-Term Debt	0.46	0.46	-	-	-	-
Current Portion of Leases	-	-	1.23	-	-	-
Current Income Taxes Payable	11.61	17.77	12.8	4.74	1.98	14.09
Current Unearned Revenue	19.12	25.79	32.73	24.39	21.24	18.67
Other Current Liabilities	58.8	57.01	63.94	46.87	94.47	2.87
Total Current Liabilities	842.18	798.08	875.05	685.84	1,012	652.7
Long-Term Debt	-	-	-	-	180.34	183.5
Long-Term Leases	0.25	0.24	1.16	-	-	-
Long-Term Unearned Revenue	15.77	16.42	19.04	21.68	2.35	0.18
Other Long-Term Liabilities	-	0.07	-	-	-	-
Total Liabilities	858.2	814.82	895.26	707.52	1,195	836.38
Common Stock	389.81	390.47	390.68	391.07	365.21	259.3
Additional Paid-In Capital	668.8	670.05	661.97	650.13	495.23	583.35
Retained Earnings	525.51	508.01	488.75	424.88	400	385.3
Treasury Stock	-26.08	-28.96	-46.16	-59.93	-	-
Comprehensive Income & Other	-	-	-	-	41.64	45.2
Total Common Equity	1,558	1,540	1,495	1,406	1,302	1,273
Minority Interest	2.62	2.73	3.35	-	5.09	-
Shareholders' Equity	1,561	1,542	1,499	1,406	1,307	1,273
Total Liabilities & Equity	2,419	2,357	2,394	2,114	2,502	2,110
Total Debt	512.54	456.98	446.26	420.81	902.86	543.1
Net Cash (Debt)	264.91	241.15	301.79	381.52	-54.03	257.49
Net Cash Growth	-29.79%	-20.09%	-20.90%	-	-	71.12%
Net Cash Per Share	0.71	0.62	0.80	1.04	-0.15	0.81
Filing Date Shares Outstanding	349.93	400.48	354.4	380.08	391.07	363.02
Total Common Shares Outstanding	349.93	400.48	354.4	380.08	365.21	363.02
Working Capital	476.21	469.84	481.9	538.63	289.27	717.39
Book Value Per Share	4.45	3.84	4.22	3.70	3.57	3.51
Tangible Book Value	1,378	1,359	1,312	1,256	1,129	1,105
Tangible Book Value Per Share	3.94	3.39	3.70	3.30	3.09	3.04
Buildings	-	-	655.22	328.24	443.79	445.8
Machinery	-	-	293.1	278.29	289.35	264.5
Construction In Progress	-	-	25.93	226.13	123.1	15.47

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