SHA:603687 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	970.85	1,001	1,093	1,558	845.32	942.62
Trading Asset Securities	6.97	7.06	33.25	0.6	0.6	-
Cash & Short-Term Investments	977.82	1,008	1,126	1,559	845.92	942.62
Cash Growth	-14.06%	-10.52%	-27.75%	84.29%	-10.26%	-16.88%
Accounts Receivable	659.42	640.8	650.15	596.32	590.83	517.38
Other Receivables	17.16	15.66	16.43	19.71	12.93	9.96
Receivables	676.59	656.46	666.58	616.03	603.76	527.33
Inventory	411.83	420.9	388.6	259.57	266.68	195.24
Prepaid Expenses	-	-	-	-	1.14	-
Other Current Assets	119.71	95.63	101.65	89.66	37.18	47.93
Total Current Assets	2,186	2,181	2,283	2,524	1,755	1,713
Property, Plant & Equipment	1,271	1,283	1,279	1,264	1,013	785.78
Long-Term Investments	318.18	319.02	130.99	32	32	174.24
Goodwill	397.53	397.53	397.53	258.34	258.34	4.04
Other Intangible Assets	241.65	245.1	278.03	260.28	274.6	197.15
Long-Term Deferred Tax Assets	11.14	10.63	11	13.14	10.04	7.31
Long-Term Deferred Charges	15.44	15.57	16.8	19.79	23.55	19.6
Other Long-Term Assets	63.37	50.12	67.1	15.14	76.74	0.72
Total Assets	4,504	4,502	4,463	4,387	3,443	2,902
Accounts Payable	476.55	487.36	375	468.15	378.78	265.06
Accrued Expenses	29.77	74.65	85.14	73.69	75.46	45.84
Short-Term Debt	-	-	-	59.81	14.9	-
Current Portion of Long-Term Debt	14.74	-	-	10.01	-	-
Current Portion of Leases	-	10.03	8.46	3.8	11.58	-
Current Income Taxes Payable	41.25	15.78	17.52	12.61	21.12	54.03
Current Unearned Revenue	228.51	229.75	218.95	2.73	4.57	2.52
Other Current Liabilities	24.72	24.9	49.96	37.88	35.79	4
Total Current Liabilities	815.55	842.47	755.02	668.68	542.2	371.46
Long-Term Debt	-	-	-	17	482.18	464.29
Long-Term Leases	13.58	21.34	28.51	24.33	28.43	34.83
Long-Term Unearned Revenue	110.22	105.84	109.35	115.91	95.89	97.91
Long-Term Deferred Tax Liabilities	27.54	29.14	30.02	33.65	33.37	14.5
Total Liabilities	966.89	998.79	922.9	859.57	1,182	982.99
Common Stock	550.03	550.03	550.03	550.03	419.47	414.41
Additional Paid-In Capital	1,743	1,743	1,792	1,801	736.59	693.45
Retained Earnings	1,033	1,011	965.35	885.66	807.38	712.11
Treasury Stock	-50.1	-50.1	-50.1	-	-	-
Comprehensive Income & Other	-3.18	-1.91	1.72	-0.12	78.23	85.79
Total Common Equity	3,272	3,251	3,259	3,237	2,042	1,906
Minority Interest	264.87	251.7	281.46	290.64	219.55	13.23
Shareholders' Equity	3,537	3,503	3,540	3,528	2,261	1,919
Total Liabilities & Equity	4,504	4,502	4,463	4,387	3,443	2,902
Total Debt	28.32	31.37	36.97	114.95	537.09	499.12
Net Cash (Debt)	949.49	976.44	1,089	1,444	308.83	443.5
Net Cash Growth	-14.43%	-10.36%	-24.56%	367.58%	-30.36%	-25.09%
Net Cash Per Share	1.76	1.77	1.95	3.26	0.73	1.09
Filing Date Shares Outstanding	551.58	545.19	545.19	550.03	419.47	419.1
Total Common Shares Outstanding	551.58	545.19	545.19	550.03	419.47	414.41
Working Capital	1,370	1,338	1,528	1,856	1,212	1,342
Book Value Per Share	5.93	5.96	5.98	5.89	4.87	4.60
Tangible Book Value	2,633	2,609	2,583	2,718	1,509	1,705
Tangible Book Value Per Share	4.77	4.78	4.74	4.94	3.60	4.11
Buildings	-	732.35	635.85	654.43	582.24	411.11
Machinery	-	1,304	1,271	1,183	1,094	679.24
Construction In Progress	-	205.95	253.6	217.77	43.34	5.74

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