SHA:603638 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	468.19	549.47	981.12	503.52	551.42	258.28
Trading Asset Securities	399.9	240.69	80.21	420.48	531.79	0.51
Cash & Short-Term Investments	868.09	790.16	1,061	923.99	1,083	258.79
Cash Growth	-6.25%	-25.55%	14.86%	-14.70%	318.56%	-57.32%
Accounts Receivable	1,579	1,279	1,431	1,161	829.73	858.62
Other Receivables	38.9	43.6	10.29	6.08	24.34	69.91
Receivables	1,618	1,323	1,442	1,167	854.08	928.53
Inventory	1,355	1,382	1,182	945.79	865.06	829.14
Prepaid Expenses	-	-	-	-	-	0.3
Other Current Assets	171.95	93.68	99.12	52.83	19.51	15.7
Total Current Assets	4,013	3,589	3,784	3,090	2,822	2,032
Property, Plant & Equipment	2,689	2,686	2,643	2,425	2,317	2,121
Long-Term Investments	77.07	127.07	27.54	25.45	30	-
Goodwill	74.42	52.01	52.01	52.01	52.01	-
Other Intangible Assets	319.94	292.14	228.37	234.41	237.48	217.13
Long-Term Deferred Tax Assets	35.95	34.66	24.64	22.66	19.64	16.99
Long-Term Deferred Charges	9.5	9.92	7.39	2.08	1.59	0.91
Other Long-Term Assets	143.94	123.41	92.65	38.63	68.38	94.41
Total Assets	7,363	6,914	6,860	5,890	5,548	4,483
Accounts Payable	878.5	835.57	1,073	731.14	657.56	914.89
Accrued Expenses	136.39	104.36	94.12	85.43	75.04	64.87
Short-Term Debt	748.13	712.92	818.03	552.81	360.32	205.29
Current Portion of Long-Term Debt	-	25.94	117.17	23.56	170.31	49.86
Current Portion of Leases	-	-	0.86	1.84	1.89	7.33
Current Income Taxes Payable	-	44.15	15.79	17.84	17.63	20.21
Current Unearned Revenue	28.24	13.22	27.77	24.18	11.75	10.39
Other Current Liabilities	293.61	138.22	127.11	121.02	135.16	136.47
Total Current Liabilities	2,085	1,874	2,274	1,558	1,430	1,409
Long-Term Debt	1,191	1,090	915.27	880.78	863.98	180.17
Long-Term Leases	9.92	2.1	1.06	-	0.34	1.56
Long-Term Unearned Revenue	89.62	92.27	94.13	100.99	108.86	59.84
Long-Term Deferred Tax Liabilities	7.55	5.44	3.06	0.72	0.95	0
Other Long-Term Liabilities	2.74	3.14	14.02	19.61	13.72	10.95
Total Liabilities	3,386	3,067	3,301	2,560	2,417	1,662
Common Stock	831.09	831.09	831.09	838.34	840.17	841.56
Additional Paid-In Capital	284.69	287.24	287.22	378.97	426.1	471.08
Retained Earnings	2,523	2,372	2,103	1,925	1,730	1,581
Treasury Stock	-19.72	-	-	-	-47.96	-84.36
Comprehensive Income & Other	189.47	196.53	189.49	186.44	182.03	11.34
Total Common Equity	3,809	3,687	3,411	3,329	3,130	2,821
Minority Interest	168.58	160.23	148.05	1.47	-	-
Shareholders' Equity	3,977	3,847	3,559	3,330	3,130	2,821
Total Liabilities & Equity	7,363	6,914	6,860	5,890	5,548	4,483
Total Debt	1,949	1,831	1,852	1,459	1,397	444.21
Net Cash (Debt)	-1,081	-1,041	-791.07	-535	-313.63	-185.41
Net Cash Per Share	-1.29	-1.24	-0.94	-0.63	-0.38	-0.22
Filing Date Shares Outstanding	841.33	855.49	831.09	838.34	840.17	841.56
Total Common Shares Outstanding	841.33	855.49	831.09	838.34	840.17	841.56
Working Capital	1,928	1,714	1,510	1,532	1,392	623.16
Book Value Per Share	4.53	4.31	4.10	3.97	3.73	3.35
Tangible Book Value	3,414	3,342	3,130	3,042	2,841	2,604
Tangible Book Value Per Share	4.06	3.91	3.77	3.63	3.38	3.09
Buildings	-	-	1,100	1,031	900.97	420.97
Machinery	-	-	2,484	1,987	1,808	1,595
Construction In Progress	-	-	229.15	336.38	321.24	641.59

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