SHA:603898 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	151.52	252.19	487.56	480.68	249.75	530.63
Trading Asset Securities	680.76	680.56	1,251	1,271	820.59	601.03
Cash & Short-Term Investments	832.28	932.75	1,739	1,752	1,070	1,132
Cash Growth	-48.14%	-46.35%	-0.77%	63.69%	-5.42%	34.01%
Accounts Receivable	203.64	202.75	200.25	172.94	155.16	556.39
Other Receivables	27.73	5.16	13.7	11.8	405.17	29.15
Receivables	231.38	207.91	213.95	184.74	560.33	585.54
Inventory	232.97	292.91	324.93	239.07	234.44	786.81
Prepaid Expenses	-	-	-	-	3.73	7.4
Other Current Assets	26.02	31.37	15.28	31.39	31.44	69.8
Total Current Assets	1,323	1,465	2,293	2,207	1,900	2,581
Property, Plant & Equipment	1,178	1,208	1,317	1,472	1,593	1,976
Long-Term Investments	685.71	713.33	690.08	416.69	421.75	41.3
Goodwill	-	-	-	-	-	401.45
Other Intangible Assets	177.5	179.33	186.94	196.04	206.71	202.07
Long-Term Deferred Tax Assets	87.94	89.02	86.84	86.34	63.67	86.26
Long-Term Deferred Charges	4.19	3.58	7.58	8.58	22.06	30.76
Other Long-Term Assets	162.42	163.69	177.38	166.65	173.49	143.78
Total Assets	3,618	3,822	4,759	4,553	4,381	5,463
Accounts Payable	120.66	190.31	194.69	244.42	248.91	557.03
Accrued Expenses	19.62	38.46	116.39	58.14	59.88	135.24
Short-Term Debt	-	-	0.21	5.5	-	368.77
Current Portion of Long-Term Debt	6.78	7.23	617.05	-	-	12.56
Current Portion of Leases	-	-	7.11	19.88	17.81	16.76
Current Income Taxes Payable	3.58	11.27	4.85	19.9	32.37	19.25
Current Unearned Revenue	190.47	264.48	485.27	193.88	102.06	407.09
Other Current Liabilities	94.43	102.19	97.69	99.66	73.66	387.38
Total Current Liabilities	435.54	613.95	1,523	641.38	534.7	1,904
Long-Term Debt	-	-	-	612.46	587.46	561.51
Long-Term Leases	27.06	29.17	31.9	86.2	99	108.69
Long-Term Unearned Revenue	64.67	63.84	69.03	70.17	64.56	37.22
Long-Term Deferred Tax Liabilities	5.11	5.48	6.69	44.31	52.49	44.23
Total Liabilities	532.39	712.44	1,631	1,455	1,338	2,656
Common Stock	311.35	311.35	311.28	311.28	311.28	311.28
Additional Paid-In Capital	796.87	796.87	-	-	814.4	833.18
Retained Earnings	2,029	2,051	2,061	2,045	2,044	1,614
Treasury Stock	-	-	-	-	-164.13	-164.13
Comprehensive Income & Other	-70.25	-69.59	755.03	742.03	37.6	50.2
Total Common Equity	3,067	3,090	3,127	3,099	3,043	2,644
Minority Interest	18.94	19.62	0.81	-	-	162.96
Shareholders' Equity	3,086	3,109	3,128	3,099	3,043	2,807
Total Liabilities & Equity	3,618	3,822	4,759	4,553	4,381	5,463
Total Debt	33.84	36.4	656.27	724.03	704.27	1,068
Net Cash (Debt)	798.44	896.35	1,082	1,028	366.07	63.38
Net Cash Growth	-16.35%	-17.19%	5.29%	180.83%	477.56%	-59.82%
Net Cash Per Share	2.52	3.05	3.50	3.31	0.99	0.20
Filing Date Shares Outstanding	315.86	233.12	311.28	311.28	300.17	300.16
Total Common Shares Outstanding	315.86	233.12	311.28	311.28	300.17	300.16
Working Capital	887.1	850.99	769.56	1,566	1,366	677.14
Book Value Per Share	9.71	13.25	10.05	9.95	10.14	8.81
Tangible Book Value	2,889	2,910	2,940	2,903	2,836	2,041
Tangible Book Value Per Share	9.15	12.48	9.44	9.32	9.45	6.80
Buildings	-	-	981.54	996.98	996.33	1,216
Machinery	-	-	902.64	873.4	860.11	938.81
Construction In Progress	-	-	5.36	11.59	15.1	104.59

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