SHA:603788 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	258.07	253.52	96.47	601.16	572.19	900.13
Short-Term Investments	-	131.95	206.2	-	-	-
Trading Asset Securities	234.4	354.78	467.2	318.61	531.88	387.74
Cash & Short-Term Investments	492.48	740.25	769.87	919.78	1,104	1,288
Cash Growth	-15.02%	-3.85%	-16.30%	-16.69%	-14.27%	-1.35%
Accounts Receivable	856.27	733.98	703.42	668.3	457.65	426.05
Other Receivables	0.67	1.95	4.47	7.53	7.09	3.23
Receivables	856.94	735.93	707.89	675.83	464.74	429.28
Inventory	186.25	194.71	209.25	197.06	190.2	170.52
Other Current Assets	82.45	26.31	14.84	5.67	5.74	10.71
Total Current Assets	1,618	1,697	1,702	1,798	1,765	1,898
Property, Plant & Equipment	496.01	499.08	453.61	366.88	188.89	164.71
Long-Term Investments	385.38	376.83	360.07	254.08	214.62	151.04
Other Intangible Assets	109.45	110.23	113.16	85.24	88.08	21.89
Long-Term Deferred Tax Assets	18.62	18.78	19.5	13.88	9.11	10.26
Other Long-Term Assets	2.45	3.2	10.1	2.85	49.12	1.64
Total Assets	2,630	2,705	2,658	2,521	2,315	2,248
Accounts Payable	350.87	393.13	409.47	360.93	239.32	223.65
Accrued Expenses	54.66	116.97	105.04	88.48	56.42	58.42
Short-Term Debt	14.94	34.47	45.65	15.25	-	-
Current Portion of Leases	-	-	-	-	-	8.99
Current Income Taxes Payable	9.42	8.61	5.34	8.66	8.36	3.33
Current Unearned Revenue	14.72	4.5	17.17	15.73	10.87	3.53
Other Current Liabilities	10.03	7.21	7.16	5.09	10.3	1.19
Total Current Liabilities	454.64	564.88	589.83	494.14	325.28	299.1
Long-Term Leases	0.93	12.07	-	10.02	-	-
Long-Term Unearned Revenue	3.29	3.42	2.44	1.89	8.36	10.43
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.2
Other Long-Term Liabilities	-	-	-	-	16.6	9.23
Total Liabilities	458.86	580.38	592.27	506.05	350.24	319.97
Common Stock	223.07	223.07	223.07	223.07	223.07	223.07
Additional Paid-In Capital	1,069	1,069	1,069	1,069	1,069	1,069
Retained Earnings	860.86	813.94	753.9	697.15	646.04	623.99
Comprehensive Income & Other	20.38	20.78	20.6	25.6	25.6	11.08
Total Common Equity	2,173	2,127	2,067	2,015	1,964	1,928
Minority Interest	-2.22	-1.93	-0.96	0.01	0.22	0.4
Shareholders' Equity	2,171	2,125	2,066	2,015	1,964	1,928
Total Liabilities & Equity	2,630	2,705	2,658	2,521	2,315	2,248
Total Debt	15.87	46.54	45.65	25.27	-	8.99
Net Cash (Debt)	476.61	693.71	724.22	894.51	1,104	1,279
Net Cash Growth	-14.11%	-4.21%	-19.04%	-18.98%	-13.67%	-2.04%
Net Cash Per Share	2.13	3.11	3.23	4.01	5.00	5.73
Filing Date Shares Outstanding	223.43	223.07	223.07	223.07	223.07	223.07
Total Common Shares Outstanding	223.43	223.07	223.07	223.07	223.07	223.07
Working Capital	1,163	1,132	1,112	1,304	1,439	1,599
Book Value Per Share	9.73	9.53	9.27	9.03	8.81	8.64
Tangible Book Value	2,064	2,017	1,954	1,930	1,876	1,906
Tangible Book Value Per Share	9.24	9.04	8.76	8.65	8.41	8.54
Buildings	-	403.87	342.46	94.63	99.75	99.75
Machinery	-	277.19	241	220.91	195.24	182.53
Construction In Progress	-	19.03	53.55	205.18	41.86	0.78

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