SHA:603659 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	7,199	5,983	6,586	9,102	6,405	3,884
Trading Asset Securities	4,456	2,040	816.52	1,525	1,585	1,645
Cash & Short-Term Investments	11,655	8,023	7,403	10,627	7,990	5,529
Cash Growth	22.93%	8.38%	-30.34%	33.00%	44.53%	-7.90%
Accounts Receivable	5,736	6,521	5,420	5,256	4,625	1,928
Other Receivables	148.07	54.58	72.83	109.22	117.8	91.93
Receivables	5,884	6,576	5,493	5,366	4,743	2,020
Inventory	9,834	8,905	8,364	11,478	11,035	4,964
Other Current Assets	1,286	3,226	2,154	1,198	1,211	984.68
Total Current Assets	28,660	26,729	23,415	28,669	24,980	13,497
Property, Plant & Equipment	16,856	16,617	14,928	11,911	8,285	5,906
Long-Term Investments	635.2	613.27	527.6	585.02	442.42	376.9
Goodwill	103.5	103.5	103.5	78.65	78.65	78.65
Other Intangible Assets	991.63	930.8	955.95	912.64	634.03	479.72
Long-Term Deferred Tax Assets	748.16	778.86	710.69	492.45	318.85	190.3
Long-Term Deferred Charges	240.04	244.54	228.75	265	263.64	75.24
Other Long-Term Assets	932.3	252.9	1,235	761.35	695	846.22
Total Assets	49,166	46,271	42,104	43,675	35,697	21,450
Accounts Payable	8,685	7,533	4,621	7,311	7,760	4,658
Accrued Expenses	494.1	804.54	826.26	717.55	713.78	481.66
Short-Term Debt	5,188	4,738	4,236	4,690	3,273	1,195
Current Portion of Long-Term Debt	1,893	2,177	2,158	1,992	774.13	91.6
Current Portion of Leases	-	2.57	3.5	13.14	19.5	17.72
Current Income Taxes Payable	202.31	130.59	144.59	175.96	209.43	204
Current Unearned Revenue	3,651	3,170	3,470	4,326	4,792	1,726
Other Current Liabilities	1,336	1,355	1,400	1,164	796.64	1,103
Total Current Liabilities	21,450	19,911	16,858	20,391	18,338	9,477
Long-Term Debt	4,351	3,499	4,787	3,955	2,930	986.52
Long-Term Leases	7.86	7.41	9.74	7.92	13.52	25.44
Long-Term Unearned Revenue	1,045	1,036	879.92	563.86	392.15	257.89
Long-Term Deferred Tax Liabilities	31.66	35.35	27.97	26.73	54.25	34.16
Total Liabilities	26,886	24,489	22,563	24,945	21,728	10,781
Common Stock	2,136	2,136	2,137	2,138	1,391	694.38
Additional Paid-In Capital	7,741	7,889	7,871	7,889	5,503	5,924
Retained Earnings	11,693	10,989	8,988	8,095	6,657	3,903
Treasury Stock	-600	-600	-618.33	-348.11	-94.64	-33.75
Comprehensive Income & Other	20.24	18.78	8.9	0.73	1.31	-0.09
Total Common Equity	20,991	20,434	18,387	17,774	13,457	10,487
Minority Interest	1,289	1,348	1,153	955.53	512.29	182.57
Shareholders' Equity	22,280	21,782	19,540	18,730	13,969	10,669
Total Liabilities & Equity	49,166	46,271	42,104	43,675	35,697	21,450
Total Debt	11,441	10,424	11,194	10,659	7,010	2,316
Net Cash (Debt)	214.19	-2,401	-3,791	-31.53	979.95	3,213
Net Cash Growth	-	-	-	-	-69.50%	-31.50%
Net Cash Per Share	0.10	-1.14	-1.78	-0.02	0.49	1.60
Filing Date Shares Outstanding	2,104	2,104	2,105	2,128	2,017	2,014
Total Common Shares Outstanding	2,104	2,104	2,105	2,128	2,017	2,014
Working Capital	7,209	6,819	6,556	8,278	6,641	4,020
Book Value Per Share	9.98	9.71	8.74	8.35	6.67	5.21
Tangible Book Value	19,896	19,399	17,328	16,783	12,744	9,928
Tangible Book Value Per Share	9.46	9.22	8.23	7.89	6.32	4.93
Buildings	-	6,210	4,832	3,316	2,713	2,223
Machinery	-	8,235	6,607	5,223	4,138	3,104
Construction In Progress	-	5,594	5,980	5,081	2,556	1,211

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