SHA:603826 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	75.76	39	33.15	46.76	75.25	131.06
Cash & Short-Term Investments	75.76	39	33.15	46.76	75.25	131.06
Cash Growth	48.42%	17.66%	-29.11%	-37.86%	-42.58%	126.55%
Accounts Receivable	338.85	329.79	206.93	217.62	182.34	166.86
Other Receivables	26.02	24.41	43.39	32.85	21.81	64.7
Receivables	364.87	354.2	250.32	250.47	204.15	231.56
Inventory	1,171	1,142	1,357	1,032	786.77	537.14
Prepaid Expenses	-	-	-	-	0.83	-
Other Current Assets	43.33	47.96	8.42	6.09	16.88	12.91
Total Current Assets	1,655	1,583	1,649	1,335	1,084	912.67
Property, Plant & Equipment	2,554	2,566	2,613	2,467	2,040	1,499
Long-Term Investments	148.75	146	132.97	106.83	84.25	98.56
Other Intangible Assets	320.59	322.64	329.87	335.98	257.02	262.85
Long-Term Deferred Tax Assets	231.25	238.85	119.04	48.36	37.92	14.16
Long-Term Deferred Charges	2.79	3.35	7.34	32.57	38.14	34.27
Other Long-Term Assets	25.57	13.37	16.38	19.03	31.5	94.5
Total Assets	4,938	4,873	4,867	4,345	3,573	2,916
Accounts Payable	481.07	480.02	522.14	485.42	313.21	251.36
Accrued Expenses	23.14	18.77	30.67	32.07	31.19	26.12
Short-Term Debt	927.44	1,001	838.02	632.66	326.15	155.47
Current Portion of Long-Term Debt	395.11	513.73	368.85	428.6	144.34	156.5
Current Portion of Leases	-	-	94.79	1.49	1.19	0.68
Current Income Taxes Payable	29.94	34.12	6.88	6.13	1.42	3.1
Current Unearned Revenue	109.11	7.11	60.34	27.52	3.24	2.6
Other Current Liabilities	483.68	448.13	219.64	7.83	6.97	1.96
Total Current Liabilities	2,449	2,502	2,141	1,622	827.72	597.79
Long-Term Debt	509.5	434.39	634.61	782.39	910.25	565.95
Long-Term Leases	0.82	1.14	122.56	2.23	0.83	0.9
Long-Term Unearned Revenue	57.19	59.6	51.65	23.1	26.12	27.2
Long-Term Deferred Tax Liabilities	16.42	16.8	16.13	13.46	10.38	4.62
Other Long-Term Liabilities	20.11	46.69	10.95	-	-	-
Total Liabilities	3,054	3,061	2,977	2,443	1,775	1,196
Common Stock	655.2	655.2	655.2	468	468	468
Additional Paid-In Capital	383.63	383.63	383.63	383.63	383.63	383.63
Retained Earnings	792.03	717.74	809.8	1,009	924.71	836.73
Comprehensive Income & Other	39.83	40.77	29.32	30.75	11.56	23.28
Total Common Equity	1,871	1,797	1,878	1,891	1,788	1,712
Minority Interest	14.11	14.27	11.72	10.8	9.8	8.21
Shareholders' Equity	1,885	1,812	1,890	1,902	1,798	1,720
Total Liabilities & Equity	4,938	4,873	4,867	4,345	3,573	2,916
Total Debt	1,833	1,950	2,059	1,847	1,383	879.5
Net Cash (Debt)	-1,757	-1,911	-2,026	-1,801	-1,308	-748.44
Net Cash Per Share	-2.68	-2.92	-3.09	-3.85	-2.00	-1.14
Filing Date Shares Outstanding	655.12	655.2	655.2	655.2	655.2	655.2
Total Common Shares Outstanding	655.12	655.2	655.2	655.2	655.2	655.2
Working Capital	-794.49	-919.66	-492.79	-286.7	256.16	314.88
Book Value Per Share	2.86	2.74	2.87	2.89	2.73	2.61
Tangible Book Value	1,550	1,475	1,548	1,555	1,531	1,449
Tangible Book Value Per Share	2.37	2.25	2.36	2.37	2.34	2.21
Buildings	-	-	1,284	1,102	1,058	629.41
Machinery	-	-	1,002	854.46	839.44	465.94
Construction In Progress	-	-	943.8	991.36	499.85	689.97

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