SHA:603818 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	249.26	766.32	886.37	721.48	815.39	544.25
Short-Term Investments	-	-	0.98	-	-	-
Cash & Short-Term Investments	249.26	766.32	887.35	721.48	815.39	544.25
Cash Growth	-70.68%	-13.64%	22.99%	-11.52%	49.82%	-23.33%
Accounts Receivable	425.53	382.66	430.59	472.42	505.2	462.5
Other Receivables	26.64	24.89	74.02	30.6	35.07	30.67
Receivables	452.17	407.54	504.61	503.02	540.27	493.17
Inventory	605.52	596.99	585.26	666.17	1,036	1,134
Prepaid Expenses	-	38.7	25.75	39.19	31.67	22.57
Other Current Assets	180.09	92.52	56.72	58.54	57.8	82.51
Total Current Assets	1,487	1,902	2,060	1,988	2,481	2,276
Property, Plant & Equipment	1,246	1,269	1,323	1,590	1,737	1,880
Long-Term Investments	2.73	2.73	2.52	3.09	0.94	0.96
Goodwill	1,096	1,074	984.07	1,073	1,086	1,115
Other Intangible Assets	1,836	1,850	1,831	2,007	2,085	2,154
Long-Term Accounts Receivable	-	6.94	-	-	-	-
Long-Term Deferred Tax Assets	280.69	264.53	229.38	197.75	148.99	131.45
Long-Term Deferred Charges	27.66	30.21	30.55	40.91	48.62	48.82
Other Long-Term Assets	94.54	87.06	96.59	54.01	36.85	33.65
Total Assets	6,071	6,486	6,557	6,957	7,626	7,641
Accounts Payable	240.69	217.77	268.45	291.32	282.41	442.36
Accrued Expenses	200.27	267.97	243.75	255.3	301.35	331.22
Short-Term Debt	1,051	552.7	357.02	298.84	230.28	221.32
Current Portion of Long-Term Debt	86.93	1,852	757.61	157.53	2,403	1,109
Current Portion of Leases	-	66.19	63.51	76.1	82.35	74.29
Current Income Taxes Payable	40.08	7.44	24.93	23.53	41.08	84.7
Current Unearned Revenue	57.7	65.87	71.71	79.17	70.42	84.5
Other Current Liabilities	166.39	144.67	149.01	158.27	162.65	133.48
Total Current Liabilities	1,843	3,175	1,936	1,340	3,574	2,481
Long-Term Debt	1,318	400	1,672	2,757	872.76	2,240
Long-Term Leases	157.11	168.63	173.45	209.35	220.34	259.64
Long-Term Unearned Revenue	38.37	39.56	42.64	48.46	45.74	50.19
Pension & Post-Retirement Benefits	-	8.79	5.39	4.97	5.21	5.68
Long-Term Deferred Tax Liabilities	502.13	498.95	491.89	546.51	557.42	577.05
Other Long-Term Liabilities	20.88	11.98	15.86	3.95	2.56	4.06
Total Liabilities	3,879	4,303	4,337	4,910	5,278	5,618
Common Stock	686.54	686.54	688.86	585.08	587.41	580.4
Additional Paid-In Capital	1,157	1,156	1,168	800.68	811.41	674.03
Retained Earnings	441.92	440.68	589.35	765.85	1,070	1,033
Treasury Stock	-	-	-13.44	-27.18	-40.69	-
Comprehensive Income & Other	-220.82	-226.03	-333.24	-223.44	-233.78	-269.54
Total Common Equity	2,064	2,058	2,099	1,901	2,194	2,018
Minority Interest	127.31	125.77	120.41	145.57	153.56	5.43
Shareholders' Equity	2,192	2,183	2,220	2,047	2,348	2,023
Total Liabilities & Equity	6,071	6,486	6,557	6,957	7,626	7,641
Total Debt	2,612	3,040	3,023	3,499	3,809	3,904
Net Cash (Debt)	-2,363	-2,274	-2,136	-2,777	-2,994	-3,360
Net Cash Per Share	-3.26	-3.36	-3.15	-4.75	-4.86	-5.85
Filing Date Shares Outstanding	620.04	686.54	636.75	585.08	746.16	580.4
Total Common Shares Outstanding	620.04	686.54	636.75	585.08	746.16	580.4
Working Capital	-355.82	-1,273	123.68	648.34	-1,093	-204.25
Book Value Per Share	3.33	3.00	3.30	3.25	2.94	3.48
Tangible Book Value	-867.64	-866.33	-715.84	-1,179	-975.77	-1,251
Tangible Book Value Per Share	-1.40	-1.26	-1.12	-2.02	-1.31	-2.16
Buildings	-	1,766	1,650	1,894	1,921	1,940
Machinery	-	1,334	1,291	1,355	1,383	1,411
Construction In Progress	-	27.22	18.54	15.83	18.5	30.18

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