SHA:603727 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	1,122	606.75	833.32	2,015	1,961	1,532
Short-Term Investments	-	363.91	1,219	302.62	356.4	60.76
Trading Asset Securities	462.94	627.3	-	-	0.07	102.87
Cash & Short-Term Investments	1,585	1,598	2,053	2,317	2,317	1,696
Cash Growth	29.98%	-22.15%	-11.43%	0.02%	36.65%	66.78%
Accounts Receivable	817.64	1,186	1,347	660	762.47	1,176
Other Receivables	3.02	2.79	7.12	10.79	0.66	1.32
Receivables	820.66	1,189	1,354	670.79	763.13	1,178
Inventory	212.7	199.71	232.03	169.66	305.05	397.97
Other Current Assets	435.2	142.13	296.56	108.59	159.3	338.31
Total Current Assets	3,054	3,128	3,935	3,266	3,545	3,610
Property, Plant & Equipment	861.45	884.35	970.37	964.33	1,049	1,158
Long-Term Investments	38.84	38.84	39.16	65.08	64.22	-
Other Intangible Assets	415.54	417.67	427.77	438.69	450.59	461.54
Long-Term Deferred Tax Assets	67.06	55.68	55.57	62.12	35.66	19.5
Long-Term Deferred Charges	3.49	3.81	3.35	0.08	0.13	-
Other Long-Term Assets	0.22	0.26	0.42	3.39	7.46	29.99
Total Assets	4,440	4,529	5,432	4,800	5,152	5,278
Accounts Payable	770.5	1,002	1,450	499.01	492.13	1,086
Accrued Expenses	21.38	68.04	52.8	43.12	77.44	42.57
Short-Term Debt	300	100	598.1	280	900.13	620.18
Current Portion of Long-Term Debt	-	-	-	400.2	-	-
Current Portion of Leases	1.14	1.14	-	-	-	-
Current Income Taxes Payable	5.43	5.38	0	0	0	0
Current Unearned Revenue	104.67	33.63	0.38	246.77	14.71	-
Other Current Liabilities	16.96	34.44	40.25	42.13	58.09	61.81
Total Current Liabilities	1,220	1,244	2,141	1,511	1,543	1,811
Long-Term Debt	-	-	-	-	200.12	-
Long-Term Leases	0.81	0.93	-	-	-	-
Long-Term Unearned Revenue	76.18	68.92	67.19	73.09	75.63	79.04
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.43
Other Long-Term Liabilities	0.69	-	0.16	4.77	4.74	54.82
Total Liabilities	1,298	1,314	2,208	1,589	1,823	1,945
Common Stock	281.72	281.72	281.72	281.72	281.72	288.33
Additional Paid-In Capital	2,137	2,137	2,137	2,137	2,137	2,230
Retained Earnings	771.07	843.84	851.73	792.88	910.62	916.43
Treasury Stock	-47.2	-47.2	-47.2	-	-	-100.14
Comprehensive Income & Other	0.07	-0.25	0.17	-0.19	-0.38	-1.51
Total Common Equity	3,142	3,215	3,223	3,211	3,328	3,333
Minority Interest	0.15	0.15	0.15	0.15	0.15	0.15
Shareholders' Equity	3,142	3,215	3,223	3,211	3,329	3,333
Total Liabilities & Equity	4,440	4,529	5,432	4,800	5,152	5,278
Total Debt	301.95	102.08	598.1	680.2	1,100	620.18
Net Cash (Debt)	1,283	1,496	1,454	1,637	1,217	1,075
Net Cash Growth	56.57%	2.85%	-11.16%	34.56%	13.14%	66.31%
Net Cash Per Share	4.63	5.36	5.21	5.86	4.33	4.34
Filing Date Shares Outstanding	277.37	277.37	277.37	281.72	281.72	281.72
Total Common Shares Outstanding	277.37	277.37	277.37	281.72	281.72	281.72
Working Capital	1,833	1,884	1,794	1,755	2,002	1,799
Book Value Per Share	11.33	11.59	11.62	11.40	11.81	11.83
Tangible Book Value	2,727	2,797	2,795	2,772	2,878	2,872
Tangible Book Value Per Share	9.83	10.08	10.08	9.84	10.22	10.19
Buildings	-	-	-	1,155	1,155	1,159
Machinery	-	1,954	1,945	704.92	704.59	678.01
Construction In Progress	-	9.7	8.52	28.05	2.13	6.39

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