SHA:603803 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	338.53	424.92	669.14	779.15	995.89	803.13
Trading Asset Securities	-	-	-	10	-	-
Cash & Short-Term Investments	338.53	424.92	669.14	789.15	995.89	803.13
Cash Growth	-42.26%	-36.50%	-15.21%	-20.76%	24.00%	-5.09%
Accounts Receivable	613.15	596.13	687.54	748.65	919.18	815.12
Other Receivables	17.14	14.37	24.31	20.25	26.33	21.79
Receivables	630.29	610.5	711.85	768.9	945.51	836.92
Inventory	670.75	663.63	664.83	748.68	866.33	885.15
Prepaid Expenses	-	-	0.93	1.1	2.13	0.94
Other Current Assets	8.16	10	12.77	6.98	5.96	31.18
Total Current Assets	1,648	1,709	2,060	2,315	2,816	2,557
Property, Plant & Equipment	344.89	352.49	377.18	409.25	333.98	293.84
Long-Term Investments	27.91	28.04	29.12	29.43	73	84.54
Other Intangible Assets	106.44	107.96	113.6	117.26	121.72	114.06
Long-Term Accounts Receivable	-	-	1.93	-	-	-
Long-Term Deferred Tax Assets	85	85.19	88.12	88.16	93.06	76.84
Long-Term Deferred Charges	20.8	16.15	5.11	5.07	0.89	0.34
Other Long-Term Assets	4.05	4.35	3.08	8.6	34.66	11.6
Total Assets	2,237	2,303	2,678	2,973	3,473	3,139
Accounts Payable	325.1	328.66	472.12	494.61	400.2	525.74
Accrued Expenses	147.92	172.93	250.52	285.42	362.74	280.89
Short-Term Debt	136.49	151.3	216.83	287.51	633.11	410.22
Current Portion of Long-Term Debt	17.33	16.99	19.7	-	-	-
Current Portion of Leases	-	-	5.56	5.23	6.38	5.93
Current Income Taxes Payable	5.56	15.8	3.81	0.17	0.04	0.47
Current Unearned Revenue	6.19	13.35	6.45	3.75	5.79	13
Other Current Liabilities	49.53	58.74	55.1	79.41	88.07	35.7
Total Current Liabilities	688.11	757.77	1,030	1,156	1,496	1,272
Long-Term Debt	-	-	14.79	54.21	6.6	-
Long-Term Leases	1.87	2.51	3.75	5.2	1.37	6.75
Long-Term Unearned Revenue	10.13	10.2	11.67	10.74	17.26	16.26
Long-Term Deferred Tax Liabilities	0.15	0.28	0.19	0.23	-	-
Total Liabilities	700.26	770.77	1,060	1,226	1,522	1,295
Common Stock	424.88	424.88	429.23	435.32	434.18	421.06
Additional Paid-In Capital	705.77	705.77	758.78	783.76	772.62	720.76
Retained Earnings	410.64	403.79	448.21	570.4	797.03	716.96
Treasury Stock	-	-	-16.88	-40.5	-51.04	-
Comprehensive Income & Other	-4.73	-1.98	-2.19	-2.88	-1.2	-16.13
Total Common Equity	1,537	1,532	1,617	1,746	1,952	1,843
Minority Interest	-	-	-	-	-	0.92
Shareholders' Equity	1,537	1,532	1,617	1,746	1,952	1,844
Total Liabilities & Equity	2,237	2,303	2,678	2,973	3,473	3,139
Total Debt	155.68	170.8	260.64	352.15	647.46	422.91
Net Cash (Debt)	182.84	254.12	408.51	437	348.43	380.22
Net Cash Growth	-36.91%	-37.79%	-6.52%	25.42%	-8.36%	-21.64%
Net Cash Per Share	0.42	0.57	0.93	1.02	0.83	0.90
Filing Date Shares Outstanding	342.11	500.47	429.23	435.32	434.61	421.06
Total Common Shares Outstanding	342.11	500.47	429.23	435.32	434.61	421.06
Working Capital	959.62	951.28	1,029	1,159	1,320	1,285
Book Value Per Share	4.49	3.06	3.77	4.01	4.49	4.38
Tangible Book Value	1,430	1,425	1,504	1,629	1,830	1,729
Tangible Book Value Per Share	4.18	2.85	3.50	3.74	4.21	4.11
Buildings	-	-	402.92	414.7	291.87	290.9
Machinery	-	-	182.24	174.15	134.7	123.72
Construction In Progress	-	-	-	-	78.7	30.9

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