SHA:603707 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	2,270	1,395	1,024	1,210	1,389	658.55
Trading Asset Securities	1,117	1,317	1,055	681.99	1.3	259.8
Cash & Short-Term Investments	3,387	2,711	2,080	1,892	1,390	918.35
Cash Growth	136.76%	30.35%	9.94%	36.12%	51.34%	-31.43%
Accounts Receivable	1,125	1,229	920.04	771.68	974.11	897.75
Other Receivables	243.78	235.35	273.46	230.88	241.94	167.88
Receivables	1,369	1,465	1,194	1,003	1,216	1,066
Inventory	3,030	3,265	3,675	4,158	5,616	4,894
Prepaid Expenses	-	-	13.17	11.98	8.46	7.98
Other Current Assets	109.12	79.42	84.42	196.99	64.14	43.62
Total Current Assets	7,895	7,520	7,046	7,262	8,294	6,930
Property, Plant & Equipment	1,177	1,192	1,197	1,235	1,198	827.42
Long-Term Investments	91.27	92.08	83.26	72.48	61.6	26.39
Goodwill	124.66	126.64	129.51	127.61	125.48	114.87
Other Intangible Assets	398.78	410.37	337.53	174.1	118.96	123.85
Long-Term Deferred Tax Assets	138.1	136.07	203.25	348.4	101.47	34.54
Long-Term Deferred Charges	819.15	774.46	459.55	294.24	94.62	77.65
Other Long-Term Assets	48.85	90.68	53.7	10.38	16.31	82.34
Total Assets	10,693	10,343	9,510	9,524	10,010	8,217
Accounts Payable	559.51	589.12	495.66	537.74	505.12	458.87
Accrued Expenses	209.84	264.6	207.11	294.85	88.15	64.56
Short-Term Debt	1,753	1,426	1,236	1,567	1,957	1,571
Current Portion of Long-Term Debt	843.26	842.98	8.21	505.45	0.42	-
Current Income Taxes Payable	20.33	-	3.72	29.31	0.44	8.73
Current Unearned Revenue	50.51	31.83	59.03	35.93	38.22	25.07
Other Current Liabilities	42.29	50.01	54.67	116.18	115.44	138.56
Total Current Liabilities	3,479	3,205	2,064	3,086	2,705	2,266
Long-Term Debt	17.97	24.14	824.16	512.37	997.36	480.75
Long-Term Leases	57.93	59.35	10.28	13.23	15.94	-
Long-Term Unearned Revenue	101.42	104.88	84.63	76.57	84.99	65.51
Long-Term Deferred Tax Liabilities	43	49.86	38.28	37.33	39.99	1.42
Other Long-Term Liabilities	6.17	-	-	-	-	-
Total Liabilities	3,705	3,443	3,022	3,726	3,843	2,814
Common Stock	1,616	1,616	1,616	1,617	1,617	1,244
Additional Paid-In Capital	587.65	587.3	587.29	601.02	603.59	987.96
Retained Earnings	4,713	4,624	4,204	3,540	3,915	3,123
Treasury Stock	-15.01	-15.01	-	-27.75	-32.82	-47.3
Comprehensive Income & Other	90.3	90.85	84.62	72.5	67.9	70.45
Total Common Equity	6,992	6,903	6,492	5,802	6,171	5,378
Minority Interest	-3.54	-3.54	-3.51	-3.47	-3.47	24.84
Shareholders' Equity	6,988	6,899	6,488	5,798	6,167	5,403
Total Liabilities & Equity	10,693	10,343	9,510	9,524	10,010	8,217
Total Debt	2,672	2,353	2,079	2,598	2,971	2,051
Net Cash (Debt)	715.16	358.17	1.13	-706.06	-1,581	-1,133
Net Cash Growth	-	31507.10%	-	-	-	-
Net Cash Per Share	0.44	0.22	0.00	-0.45	-0.97	-0.72
Filing Date Shares Outstanding	1,484	1,690	1,616	1,473	1,653	1,543
Total Common Shares Outstanding	1,484	1,690	1,616	1,473	1,653	1,543
Working Capital	4,417	4,315	4,981	4,175	5,589	4,663
Book Value Per Share	4.71	4.09	4.02	3.94	3.73	3.49
Tangible Book Value	6,468	6,366	6,025	5,500	5,926	5,139
Tangible Book Value Per Share	4.36	3.77	3.73	3.73	3.58	3.33
Buildings	-	-	472.9	481.48	448.47	268.49
Machinery	-	-	1,323	1,279	981.72	751.74
Construction In Progress	-	-	137.44	79.74	250.62	215.26

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