SHA:603683 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	239.57	249.41	163.52	283.74	191.26	213.56
Trading Asset Securities	-	-	38.17	95	89.38	50.41
Cash & Short-Term Investments	239.57	249.41	201.68	378.74	280.63	263.97
Cash Growth	65.11%	23.66%	-46.75%	34.96%	6.31%	6.55%
Accounts Receivable	547.38	538.76	409.95	316.14	277.77	214.92
Other Receivables	6.26	18.6	14.67	12.05	28.89	14.84
Receivables	553.65	557.36	424.62	328.19	306.66	229.76
Inventory	477.81	452.06	332.73	291.53	276.47	262.85
Prepaid Expenses	-	0.03	0	0.03	0.07	-
Other Current Assets	67.06	112.51	83.03	42.19	13.71	59.22
Total Current Assets	1,338	1,371	1,042	1,041	877.54	815.79
Property, Plant & Equipment	1,465	1,440	1,162	753.13	712.44	706.92
Long-Term Investments	63.3	33.67	36.48	17.95	13.56	28.09
Goodwill	19.72	19.72	19.72	19.72	19.72	19.72
Other Intangible Assets	80.29	80.98	76.59	106.38	89.15	91.7
Long-Term Accounts Receivable	-	-	-	-	0.87	2.9
Long-Term Deferred Tax Assets	130.87	117.17	104.54	81.35	63.03	42.44
Long-Term Deferred Charges	45.07	47.36	52.34	50.62	45.64	23.39
Other Long-Term Assets	82.57	46.78	64.95	57.23	18.22	29.75
Total Assets	3,225	3,157	2,559	2,127	1,840	1,761
Accounts Payable	419.83	444.41	259.18	195.65	231.88	187.92
Accrued Expenses	38.97	60.21	45.28	35.28	32.27	27.64
Short-Term Debt	500.25	431.85	323.89	265.26	334.46	299.51
Current Portion of Long-Term Debt	147.26	65.16	61.84	56.45	45.07	25.26
Current Portion of Leases	-	5.67	5.32	4.12	4.88	8.33
Current Income Taxes Payable	11.57	10.32	23.23	11.11	10.2	8.04
Current Unearned Revenue	15.46	8.38	7.92	10.96	7.74	7.13
Other Current Liabilities	80.87	147.76	120.2	83.52	15.76	35.27
Total Current Liabilities	1,214	1,174	846.85	662.37	682.27	599.08
Long-Term Debt	180.23	200.23	250.72	128.8	121.4	147.55
Long-Term Leases	10.18	53.33	69.31	28.26	8.81	11.74
Long-Term Unearned Revenue	65.54	66.59	50.94	16.59	12.03	13.97
Long-Term Deferred Tax Liabilities	-	-	1.6	1.79	1.29	0.25
Other Long-Term Liabilities	48.74	-	0.49	0.49	-	-
Total Liabilities	1,519	1,494	1,220	838.3	825.8	772.59
Common Stock	291.17	290.41	262.5	258.79	217.15	183.13
Additional Paid-In Capital	795.05	780.83	548.46	534.84	304.09	357.89
Retained Earnings	635.64	610.07	546.63	486.28	449.29	453.35
Treasury Stock	-28.65	-34.67	-31.72	-	-11.6	-32.56
Comprehensive Income & Other	-2.11	1.27	4.62	2.55	9.16	2.09
Total Common Equity	1,691	1,648	1,330	1,282	968.09	963.91
Minority Interest	14.52	15.48	8.78	6.28	46.28	24.21
Shareholders' Equity	1,706	1,663	1,339	1,289	1,014	988.12
Total Liabilities & Equity	3,225	3,157	2,559	2,127	1,840	1,761
Total Debt	837.92	756.24	711.07	482.9	514.63	492.38
Net Cash (Debt)	-598.35	-506.83	-509.39	-104.16	-233.99	-228.41
Net Cash Per Share	-2.09	-1.82	-1.98	-0.44	-1.21	-1.08
Filing Date Shares Outstanding	287.2	289.29	260.62	256.91	217.15	219.75
Total Common Shares Outstanding	287.2	289.29	260.62	258.79	217.15	219.75
Working Capital	123.87	197.62	195.21	378.31	195.27	216.71
Book Value Per Share	5.89	5.70	5.11	4.96	4.46	4.39
Tangible Book Value	1,591	1,547	1,234	1,156	859.22	852.49
Tangible Book Value Per Share	5.54	5.35	4.74	4.47	3.96	3.88
Buildings	-	669.62	394.62	381.37	384.2	378.39
Machinery	-	931.86	576.02	585.35	542.34	440.46
Construction In Progress	-	248.68	526.42	76.58	32.12	66.56

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