SHA:603890 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	2,032	1,153	885.47	750.69	463.19	679.72
Trading Asset Securities	89.86	113.87	295.92	252.49	-	50
Cash & Short-Term Investments	2,122	1,267	1,181	1,003	463.19	729.72
Cash Growth	82.49%	7.25%	17.76%	116.58%	-36.52%	31.81%
Accounts Receivable	1,744	1,758	1,355	1,153	1,316	1,459
Other Receivables	17.79	35.65	35.94	30.65	20.13	39.25
Receivables	1,762	1,794	1,391	1,184	1,336	1,498
Inventory	999.16	1,006	991.24	983.56	804.77	767.84
Prepaid Expenses	-	-	-	1	-	-
Other Current Assets	34.83	20.71	27.26	59.36	69.94	27.79
Total Current Assets	4,918	4,088	3,591	3,231	2,674	3,023
Property, Plant & Equipment	1,676	1,730	1,890	2,285	2,208	1,726
Long-Term Investments	13.57	15.48	172.07	44.25	45.26	47.9
Goodwill	-	-	-	28.95	37.53	23.69
Other Intangible Assets	64.8	65.98	71.03	73.92	77.07	70.6
Long-Term Deferred Tax Assets	29.91	34.92	41.38	34.23	43.2	33.29
Long-Term Deferred Charges	137.18	116.71	85.17	38.51	31.59	17.75
Other Long-Term Assets	7.63	5.15	2.63	13.38	74.74	181.76
Total Assets	6,847	6,057	5,853	5,749	5,191	5,124
Accounts Payable	1,406	1,374	915.51	877.82	719.92	903.33
Accrued Expenses	77.11	65.32	361.59	290.7	236.66	260.52
Short-Term Debt	699.96	472.91	609.07	624.07	754.68	687.46
Current Portion of Long-Term Debt	49.13	51.49	1.26	79.98	57.07	25.53
Current Portion of Leases	-	-	16.26	50.23	33.97	11.58
Current Income Taxes Payable	16.48	22.91	7.44	16.2	20.35	20.62
Current Unearned Revenue	23.08	19.83	20.75	10.76	16.85	8.52
Other Current Liabilities	41.67	46.9	136.17	130.62	181.57	133.03
Total Current Liabilities	2,314	2,053	2,068	2,080	2,021	2,051
Long-Term Debt	1,040	566.37	766.3	663.5	225.77	227.78
Long-Term Leases	34.71	33.59	3.84	21.38	34.98	17.03
Long-Term Unearned Revenue	89.7	94.3	104.22	115.96	108.84	102.74
Long-Term Deferred Tax Liabilities	3.1	5	14.03	22.18	13.65	25.01
Total Liabilities	3,481	2,752	2,956	2,903	2,404	2,423
Common Stock	446.81	455.94	439.05	439.04	439.04	439.18
Additional Paid-In Capital	1,341	1,425	1,223	1,223	1,224	1,225
Retained Earnings	1,517	1,456	1,236	1,024	1,041	926.93
Treasury Stock	-	-92.99	-92.99	-92.99	-81.99	-14.53
Comprehensive Income & Other	69.39	68.63	95.12	98.58	27.4	24.77
Total Common Equity	3,374	3,312	2,899	2,692	2,648	2,601
Minority Interest	-8.43	-8.15	-2.52	154.43	138.05	100.04
Shareholders' Equity	3,366	3,304	2,897	2,846	2,787	2,701
Total Liabilities & Equity	6,847	6,057	5,853	5,749	5,191	5,124
Total Debt	1,824	1,124	1,397	1,439	1,106	969.38
Net Cash (Debt)	298.06	142.69	-215.34	-435.97	-643.27	-239.67
Net Cash Per Share	0.65	0.32	-0.49	-0.98	-1.47	-0.59
Filing Date Shares Outstanding	467.11	473.05	429.91	429.91	430.93	421.51
Total Common Shares Outstanding	467.11	473.05	429.91	429.91	430.93	421.51
Working Capital	2,604	2,035	1,523	1,150	652.57	972.84
Book Value Per Share	7.22	7.00	6.74	6.26	6.15	6.17
Tangible Book Value	3,309	3,246	2,828	2,589	2,534	2,507
Tangible Book Value Per Share	7.08	6.86	6.58	6.02	5.88	5.95
Buildings	-	-	766.07	750.9	635.18	503.16
Machinery	-	-	1,899	2,181	1,901	1,221
Construction In Progress	-	-	25.27	64.35	162.18	344.17

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