SHA:603633 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	141.4	259.87	239.4	425.38	488.08	71.52
Cash & Short-Term Investments	141.4	259.87	239.4	425.38	488.08	71.52
Cash Growth	-47.14%	8.55%	-43.72%	-12.85%	582.44%	-21.49%
Accounts Receivable	754.83	807.46	771.54	712.17	563.71	358.74
Other Receivables	7.79	7.19	105.73	15.88	3.94	2.97
Receivables	762.62	814.65	877.27	728.05	567.66	361.71
Inventory	1,097	1,002	873.9	718.46	578.59	461.77
Other Current Assets	57.9	49.53	33.34	16.63	18.64	21.15
Total Current Assets	2,059	2,126	2,024	1,889	1,653	916.15
Property, Plant & Equipment	1,698	1,674	1,535	1,381	1,101	875.72
Long-Term Investments	18.34	18.61	6.5	10.28	44.41	49.79
Other Intangible Assets	54.31	52.88	53.45	51.46	26.2	27.22
Long-Term Deferred Tax Assets	33	35	22.01	10.48	7.4	5.09
Long-Term Deferred Charges	7.59	4.32	3.52	5.64	4.85	7.99
Other Long-Term Assets	60.86	44.84	21.2	21.82	44.12	9.83
Total Assets	3,931	3,955	3,666	3,370	2,881	1,892
Accounts Payable	474.6	472.3	436.37	364.41	319.72	225.64
Accrued Expenses	26.54	26.03	23.56	20.05	31.5	12.81
Short-Term Debt	950.75	949.73	708.67	639.37	581.46	490.37
Current Portion of Long-Term Debt	339.85	299.16	300.09	69.59	6	10
Current Portion of Leases	-	-	7.19	12.49	23.44	19.36
Current Income Taxes Payable	3.6	5.99	4.68	2.96	1.95	6.6
Current Unearned Revenue	1.21	1.2	0.37	0.25	0.54	0.22
Other Current Liabilities	98.34	91.31	91.79	55.1	2.53	1.14
Total Current Liabilities	1,895	1,846	1,573	1,164	967.14	766.14
Long-Term Debt	167.4	169.6	102.1	235.57	26.5	-
Long-Term Leases	4.51	5.03	6.36	13.95	15.24	4.92
Long-Term Unearned Revenue	47.37	47.97	46.74	41.32	11.29	12.28
Long-Term Deferred Tax Liabilities	-	-	-	0.04	1.52	2.81
Other Long-Term Liabilities	76.44	109.26	-	-	-	-
Total Liabilities	2,191	2,178	1,728	1,455	1,022	786.15
Common Stock	426.81	426.81	426.81	426.81	328.32	263.5
Additional Paid-In Capital	804.65	804.65	804.65	804.65	903.15	280.05
Retained Earnings	543.26	580.16	740.09	686	620.18	546.5
Treasury Stock	-30.01	-30.01	-30.01	-	-	-
Comprehensive Income & Other	-4.16	-3.89	-3.5	-2.99	7.81	15.61
Shareholders' Equity	1,741	1,778	1,938	1,914	1,859	1,106
Total Liabilities & Equity	3,931	3,955	3,666	3,370	2,881	1,892
Total Debt	1,463	1,424	1,124	970.98	652.64	524.64
Net Cash (Debt)	-1,321	-1,164	-884.99	-545.6	-164.56	-453.12
Net Cash Per Share	-3.16	-2.74	-2.05	-1.29	-0.43	-1.31
Filing Date Shares Outstanding	447.7	426.55	423.07	426.81	426.81	342.55
Total Common Shares Outstanding	447.7	426.55	423.07	426.81	426.81	342.55
Working Capital	163.93	280.11	451.19	724.3	685.83	150.01
Book Value Per Share	3.89	4.17	4.58	4.49	4.36	3.23
Tangible Book Value	1,686	1,725	1,885	1,863	1,833	1,078
Tangible Book Value Per Share	3.77	4.04	4.45	4.36	4.30	3.15
Buildings	-	-	323.6	316.72	304.45	234.33
Machinery	-	-	1,778	1,544	1,299	1,110
Construction In Progress	-	-	290.78	265.26	168.91	109.6

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