SHA:603800 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	219.73	261.18	501.91	516.63	712.75	284.57
Trading Asset Securities	43.43	41.35	7.4	-	-	46.23
Cash & Short-Term Investments	263.15	302.53	509.31	516.63	712.75	330.79
Cash Growth	-53.40%	-40.60%	-1.42%	-27.52%	115.47%	-28.90%
Accounts Receivable	563.33	625.83	667.23	856.45	888.2	590.47
Other Receivables	29.92	6.29	8.97	136.56	183.82	14.45
Receivables	593.26	632.12	676.2	993.01	1,072	604.92
Inventory	599.81	540.82	748.58	1,063	964.05	430.06
Other Current Assets	118.47	83.21	126.54	229.2	198.07	38.01
Total Current Assets	1,575	1,559	2,061	2,802	2,947	1,404
Property, Plant & Equipment	387.41	396.16	415.91	411.32	292.27	330.88
Long-Term Investments	83.87	86.13	15.34	-	-	-
Goodwill	308.37	308.37	308.37	308.37	308.36	6.03
Other Intangible Assets	61.99	63.24	67.98	57.63	73.44	25.11
Long-Term Deferred Tax Assets	37.4	37.46	32.36	24.61	25.39	19
Long-Term Deferred Charges	0.22	0.44	1.32	4.7	6.93	8.27
Other Long-Term Assets	37.34	37.92	19.7	11.72	43.65	2.23
Total Assets	2,491	2,488	2,922	3,621	3,697	1,795
Accounts Payable	439.65	475.99	589.68	743.28	845.88	504.91
Accrued Expenses	6.16	48.02	66.26	124.49	155.25	23.19
Short-Term Debt	263.41	308.5	300.02	227.17	275.22	274.91
Current Portion of Long-Term Debt	157.21	148.03	110	80	30.03	-
Current Portion of Leases	-	4.51	3.52	9.91	11.55	1.63
Current Income Taxes Payable	6.51	2.28	10.87	34	26.15	1.42
Current Unearned Revenue	303.48	226.3	381.14	810.32	863.61	24.9
Other Current Liabilities	131.13	57.13	43.93	90.64	35.02	27.98
Total Current Liabilities	1,308	1,271	1,505	2,120	2,243	858.93
Long-Term Debt	207.81	227.81	391.01	476.38	225.23	40.04
Long-Term Leases	13.32	10.93	4.08	1.16	7.08	0.31
Long-Term Unearned Revenue	15	15.87	31.34	57.31	7.89	6.5
Long-Term Deferred Tax Liabilities	3.58	3.67	3.91	4.23	4.64	5.69
Other Long-Term Liabilities	11.51	3.98	15.23	9.19	1.03	-
Total Liabilities	1,559	1,533	1,951	2,668	2,489	911.47
Common Stock	208	208	208	208	208	208
Additional Paid-In Capital	165.08	168.62	170.1	169.26	506.63	497.98
Retained Earnings	551.74	567.76	573.4	486.95	282.17	175.73
Treasury Stock	-133.51	-133.51	-133.51	-50	-	-
Comprehensive Income & Other	-0.32	-0.21	-0	0	-	-13.06
Total Common Equity	790.99	810.66	817.99	814.21	996.8	868.64
Minority Interest	141.54	144.73	152.63	138.22	211.53	15.19
Shareholders' Equity	932.53	955.38	970.62	952.44	1,208	883.83
Total Liabilities & Equity	2,491	2,488	2,922	3,621	3,697	1,795
Total Debt	641.76	699.78	808.63	794.62	549.12	316.89
Net Cash (Debt)	-378.6	-397.26	-299.32	-277.99	163.63	13.91
Net Cash Growth	-	-	-	-	1076.67%	-88.63%
Net Cash Per Share	-1.81	-1.91	-1.48	-1.34	0.78	0.07
Filing Date Shares Outstanding	200.26	201.67	201.67	203.61	208	208
Total Common Shares Outstanding	200.26	201.67	201.67	206.06	208	208
Working Capital	267.14	287.94	555.2	682.36	704.16	544.85
Book Value Per Share	3.95	4.02	4.06	3.95	4.79	4.18
Tangible Book Value	420.63	439.04	441.64	448.21	614.99	837.5
Tangible Book Value Per Share	2.10	2.18	2.19	2.18	2.96	4.03
Buildings	-	302.9	301.63	216.61	133.54	174.13
Machinery	-	220.41	220.38	284.69	335.94	479.62
Construction In Progress	-	12.23	3.27	49.71	38.85	5.84

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