SHA:603678 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	799.07	593.25	970.15	999.38	819.42	922.47
Short-Term Investments	-	133.86	10.12	-	70.75	-
Trading Asset Securities	236.66	354.16	27.08	150.71	-	-
Cash & Short-Term Investments	1,036	1,081	1,007	1,150	890.17	922.47
Cash Growth	10.39%	7.34%	-12.41%	29.20%	-3.50%	9.31%
Accounts Receivable	2,737	2,786	1,895	2,128	2,416	2,358
Other Receivables	129.27	5.08	1.69	1.65	3.49	4.39
Receivables	2,866	2,791	1,897	2,129	2,420	2,362
Inventory	2,291	1,570	1,310	1,306	1,238	1,129
Prepaid Expenses	-	0.1	0.12	0.09	0.1	0.24
Other Current Assets	222.06	283.31	251.78	150.2	166.53	225.92
Total Current Assets	6,415	5,725	4,466	4,735	4,715	4,640
Property, Plant & Equipment	2,620	2,648	2,512	2,408	2,285	1,529
Long-Term Investments	234.33	279.55	213.46	200.69	164.29	74.71
Goodwill	193.85	194.07	107.03	132.31	34.2	20.14
Other Intangible Assets	273.69	280.84	242.7	266.22	185.77	179.47
Long-Term Deferred Tax Assets	102.13	93.16	84.69	59.5	66.71	61.24
Long-Term Deferred Charges	54.25	58.32	58.86	43.01	22.61	30.19
Other Long-Term Assets	134.85	42.37	22.72	74.49	68.22	406.43
Total Assets	10,028	9,322	7,707	7,920	7,542	6,940
Accounts Payable	704.87	496.46	440.58	481.73	351.16	443.38
Accrued Expenses	34.21	129.06	90.62	84.25	95.71	88.69
Short-Term Debt	1,618	1,297	286.01	563.42	563.36	799.91
Current Portion of Long-Term Debt	214.64	192.08	125.91	69.28	52.96	50.19
Current Portion of Leases	-	8.36	6.35	6.95	8.47	7.65
Current Income Taxes Payable	54.09	26.36	15.96	20.08	19.39	44.09
Current Unearned Revenue	175.67	5.43	3.07	6.79	7.31	3.02
Other Current Liabilities	69.59	86.2	29.31	15.87	31.11	79.89
Total Current Liabilities	2,871	2,241	997.81	1,248	1,129	1,517
Long-Term Debt	418.87	369.71	791.7	817.56	725.16	478.92
Long-Term Leases	21.37	21.27	9.83	12.77	14.72	17.9
Long-Term Unearned Revenue	221.6	227	182.25	159.75	157.68	72.71
Long-Term Deferred Tax Liabilities	19.36	20.97	8.72	12.86	47.84	31.04
Other Long-Term Liabilities	-	-	-	-	1.35	1.35
Total Liabilities	3,553	2,880	1,990	2,251	2,076	2,119
Common Stock	475.57	475.57	458.34	458.9	459.86	459.86
Additional Paid-In Capital	1,665	1,656	1,263	1,298	1,305	1,291
Retained Earnings	4,008	3,966	3,751	3,656	3,498	2,915
Treasury Stock	-74.99	-74.99	-90.48	-95.48	-77.17	-42.18
Comprehensive Income & Other	80.5	94.14	104.38	97.36	95.32	53.66
Total Common Equity	6,154	6,118	5,486	5,416	5,281	4,677
Minority Interest	321.26	323.96	231.04	252.64	184.09	144.92
Shareholders' Equity	6,475	6,442	5,717	5,668	5,465	4,822
Total Liabilities & Equity	10,028	9,322	7,707	7,920	7,542	6,940
Total Debt	2,273	1,889	1,220	1,470	1,365	1,355
Net Cash (Debt)	-1,238	-807.5	-212.44	-319.89	-474.5	-432.09
Net Cash Per Share	-2.59	-1.72	-0.47	-0.69	-1.00	-0.91
Filing Date Shares Outstanding	495.78	473.12	453.71	450.4	460.3	457.9
Total Common Shares Outstanding	495.78	473.12	453.71	450.4	460.3	457.9
Working Capital	3,543	3,484	3,468	3,487	3,585	3,123
Book Value Per Share	12.41	12.93	12.09	12.02	11.47	10.21
Tangible Book Value	5,686	5,643	5,136	5,017	5,061	4,477
Tangible Book Value Per Share	11.47	11.93	11.32	11.14	11.00	9.78
Buildings	-	2,032	1,872	1,501	1,390	737.23
Machinery	-	1,619	1,430	1,254	1,195	844.87
Construction In Progress	-	62.81	82.51	343.44	214.66	327.5

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