SHA:603878 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	602.18	639.92	506	475.92
Trading Asset Securities	-	347.58	453.37	363.57	533.2
Cash & Short-Term Investments	900.42	949.76	1,093	869.58	1,009
Cash Growth	-5.20%	-13.13%	25.73%	-13.83%	30.49%
Accounts Receivable	-	765.91	838.05	837.92	651.18
Other Receivables	-	11.29	35.13	11.15	10.65
Receivables	-	777.2	873.18	849.07	661.83
Inventory	-	1,016	1,190	1,053	906.11
Other Current Assets	-	43.57	24.02	31.88	16.19
Total Current Assets	-	2,786	3,180	2,804	2,593
Property, Plant & Equipment	-	836.69	863.89	763.52	725.94
Long-Term Investments	-	217	34.54	31.73	20.42
Other Intangible Assets	-	139.18	131.83	135.09	141.14
Long-Term Accounts Receivable	-	39.85	14.98	36.97	43.84
Long-Term Deferred Tax Assets	-	20.4	20.82	18.84	17.71
Long-Term Deferred Charges	-	-	-	0.02	0.05
Other Long-Term Assets	-	6.67	11.88	27.21	7.39
Total Assets	-	4,046	4,258	3,817	3,550
Accounts Payable	-	753.37	774.16	735.69	780.74
Accrued Expenses	-	49.3	27.02	20.6	29.38
Short-Term Debt	-	-	45.04	170.02	133.7
Current Portion of Long-Term Debt	-	75.61	55.05	-	-
Current Income Taxes Payable	-	-	15.34	3.16	1.83
Current Unearned Revenue	-	177.42	105.36	198	79.9
Other Current Liabilities	-	37.79	15.31	28.46	18.82
Total Current Liabilities	-	1,093	1,037	1,156	1,044
Long-Term Debt	-	292.97	359.93	55.05	-
Long-Term Unearned Revenue	-	53.04	62.11	22.45	31.21
Long-Term Deferred Tax Liabilities	-	-	-	2.82	1.88
Other Long-Term Liabilities	-	5.38	-	-	-
Total Liabilities	-	1,445	1,459	1,236	1,077
Common Stock	-	561.07	561.06	400.76	400.76
Additional Paid-In Capital	-	743.05	743	903.3	903.3
Retained Earnings	-	1,302	1,474	1,274	1,167
Treasury Stock	-	-25.81	-	-	-
Comprehensive Income & Other	-	21.2	21.41	2.58	0.96
Shareholders' Equity	2,634	2,601	2,799	2,581	2,472
Total Liabilities & Equity	-	4,046	4,258	3,817	3,550
Total Debt	376.97	368.59	460.02	225.08	133.7
Net Cash (Debt)	523.45	581.17	633.27	644.5	875.41
Net Cash Growth	-9.93%	-8.23%	-1.74%	-26.38%	56.00%
Net Cash Per Share	0.94	1.02	1.12	1.14	1.56
Filing Date Shares Outstanding	494.86	556.12	561.06	561.06	561.06
Total Common Shares Outstanding	556.12	556.12	561.06	561.06	561.06
Working Capital	-	1,693	2,143	1,648	1,549
Book Value Per Share	4.74	4.68	4.99	4.60	4.41
Tangible Book Value	2,499	2,462	2,667	2,446	2,331
Tangible Book Value Per Share	4.49	4.43	4.75	4.36	4.15
Buildings	-	517.36	503.51	379.32	383.24
Machinery	-	1,051	954.58	869.33	694.91
Construction In Progress	-	18.13	74.99	113.45	191.69

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