SHA:603656 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	317.64	310.17	250.52	191.75	134.43	205.02
Trading Asset Securities	299.74	330.46	337.49	386.04	202.16	215.2
Cash & Short-Term Investments	617.38	640.63	588.01	577.79	336.59	420.22
Cash Growth	5.75%	8.95%	1.77%	71.66%	-19.90%	-15.52%
Accounts Receivable	190	208.86	178.86	190.19	187.75	171.79
Other Receivables	3.48	2.86	3.53	4.94	4.81	3.69
Receivables	193.48	211.72	182.39	195.13	192.55	175.47
Inventory	142.19	132.51	164.82	192.55	202.78	170.89
Prepaid Expenses	-	-	-	-	-	0.01
Other Current Assets	34.2	28.7	23.56	27.46	20.39	13.98
Total Current Assets	987.25	1,014	958.79	992.93	752.31	780.56
Property, Plant & Equipment	806.54	809.58	416.66	406.79	366.56	314.36
Long-Term Investments	30.79	30.56	35.57	37.72	20.25	20.39
Goodwill	2.68	2.68	-	-	-	-
Other Intangible Assets	111.21	112.46	116.56	126.46	135.67	108.53
Long-Term Accounts Receivable	-	2.76	1.81	1.22	2.16	1.87
Long-Term Deferred Tax Assets	26.85	29.1	28.28	27.75	25.76	21.01
Long-Term Deferred Charges	7.47	7.7	-	-	-	-
Other Long-Term Assets	42.85	39.66	61.36	33.92	23.51	9.18
Total Assets	2,016	2,048	1,619	1,627	1,326	1,256
Accounts Payable	267.59	146.36	117.46	113.15	105.86	69.84
Accrued Expenses	23.04	46.57	37.09	35.03	35.56	31.07
Short-Term Debt	-	2.37	-	-	-	-
Current Portion of Long-Term Debt	49.79	3.69	-	-	-	-
Current Portion of Leases	-	33.6	-	-	0.2	-
Current Income Taxes Payable	3.99	1.4	1.41	-	18.59	16.01
Current Unearned Revenue	45.28	47.79	53.35	44.38	46.82	38.74
Other Current Liabilities	17.93	178.38	21.35	17.02	41.52	36.42
Total Current Liabilities	407.61	460.15	230.66	209.57	248.55	192.09
Long-Term Debt	54.77	32.98	-	-	-	-
Long-Term Leases	-	148.57	-	-	-	-
Long-Term Unearned Revenue	80.11	81.67	88.16	94.52	98.01	66.69
Long-Term Deferred Tax Liabilities	0.15	0.17	0.23	0.29	0.35	0.41
Other Long-Term Liabilities	144.63	2.64	8.96	5.91	-	-
Total Liabilities	687.28	726.17	328	310.29	346.91	259.19
Common Stock	182.95	183.38	183.38	183.38	152.93	153.46
Additional Paid-In Capital	629.67	630.97	627.4	637.68	337.53	375.04
Retained Earnings	543.8	538.19	518.04	505.48	512.18	505.7
Treasury Stock	-40.61	-42.78	-46.45	-20.1	-26.07	-40.73
Comprehensive Income & Other	11.52	10.99	6.39	5.15	2.89	1.62
Total Common Equity	1,327	1,321	1,289	1,312	979.47	995.09
Minority Interest	1.06	1.15	2.28	4.91	-0.15	1.63
Shareholders' Equity	1,328	1,322	1,291	1,316	979.31	996.72
Total Liabilities & Equity	2,016	2,048	1,619	1,627	1,326	1,256
Total Debt	104.56	221.2	-	-	0.2	-
Net Cash (Debt)	512.82	419.43	588.01	577.79	336.39	420.22
Net Cash Growth	-6.55%	-28.67%	1.77%	71.76%	-19.95%	-15.52%
Net Cash Per Share	2.79	2.30	3.29	3.07	2.18	2.74
Filing Date Shares Outstanding	181.04	179.67	180.1	181.82	182.7	121.25
Total Common Shares Outstanding	181.04	180.1	180.1	181.82	151.37	121.25
Working Capital	579.64	553.41	728.13	783.36	503.76	588.48
Book Value Per Share	7.33	7.33	7.16	7.21	6.47	8.21
Tangible Book Value	1,213	1,206	1,172	1,185	843.8	886.56
Tangible Book Value Per Share	6.70	6.69	6.51	6.52	5.57	7.31
Buildings	-	465.99	419.24	311.31	285.69	193.64
Machinery	-	556.11	125.48	108.81	110.03	94.56
Construction In Progress	-	15.79	1.48	97.44	67.38	103.22

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