SHA:603912 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	1,263	762.42	684.5	1,083	678.08	817.67
Trading Asset Securities	502.28	516.03	807.12	421.52	100.03	201.36
Cash & Short-Term Investments	1,766	1,278	1,492	1,505	778.12	1,019
Cash Growth	10.33%	-14.29%	-0.86%	93.37%	-23.64%	7.38%
Accounts Receivable	439.63	451.41	460.82	397.31	332.99	296.77
Other Receivables	22.04	46.73	29.38	16.48	8.77	18.9
Receivables	461.67	498.13	490.2	413.8	341.75	315.67
Inventory	434.86	401.1	437.09	359.37	278.5	240.89
Other Current Assets	36.45	5.07	2.72	3.06	4.01	6.23
Total Current Assets	2,699	2,183	2,422	2,281	1,402	1,582
Property, Plant & Equipment	930.4	884.65	583.89	474.46	423.64	206.33
Long-Term Investments	86.42	85.83	82.21	88.36	86.03	57.67
Other Intangible Assets	95.07	95.4	100.69	74.3	58.95	59.27
Long-Term Deferred Tax Assets	48.5	42.91	26.11	23.97	17.93	15.72
Long-Term Deferred Charges	18.4	18.64	19.63	-	-	-
Other Long-Term Assets	3.07	5.63	28.16	30.13	31.2	57.66
Total Assets	3,881	3,316	3,262	2,972	2,020	1,978
Accounts Payable	570.39	567.02	502.38	291.71	323.79	219.17
Accrued Expenses	13.92	26.27	35.11	40.55	26.73	30.33
Short-Term Debt	799.65	351.24	400.32	320.18	280.16	200.07
Current Portion of Long-Term Debt	386.24	307.84	-	-	-	-
Current Income Taxes Payable	1.69	-	2.04	5.12	1.15	4.66
Current Unearned Revenue	82.79	84.69	100.38	96.42	70.02	83.83
Other Current Liabilities	22.16	21.81	24.82	20.91	20.49	34.51
Total Current Liabilities	1,877	1,359	1,065	774.9	722.34	572.58
Long-Term Debt	212.45	145.2	286.36	278.91	269.44	361.14
Long-Term Unearned Revenue	9.45	10.06	12.4	15.61	18.54	21.83
Long-Term Deferred Tax Liabilities	5.65	5.39	4.58	2.53	0.92	0.34
Other Long-Term Liabilities	8.29	8.18	8.19	7.31	7.42	5.23
Total Liabilities	2,113	1,528	1,377	1,079	1,019	961.12
Common Stock	541.85	541.84	541.8	541.78	303.75	216.92
Additional Paid-In Capital	993.43	993.34	992.98	992.64	336.48	421.38
Retained Earnings	185.4	205.66	303.49	310.97	314.3	332.05
Treasury Stock	-	-	-	-	-	-0.2
Comprehensive Income & Other	46.79	46.8	46.86	46.91	46.94	47.2
Total Common Equity	1,767	1,788	1,885	1,892	1,001	1,017
Minority Interest	0.46	0.49	0.6	0.52	-	-
Shareholders' Equity	1,768	1,788	1,886	1,893	1,001	1,017
Total Liabilities & Equity	3,881	3,316	3,262	2,972	2,020	1,978
Total Debt	1,398	804.28	686.69	599.09	549.61	561.22
Net Cash (Debt)	367.44	474.18	804.93	905.52	228.51	457.82
Net Cash Growth	-37.23%	-41.09%	-11.11%	296.28%	-50.09%	-28.26%
Net Cash Per Share	0.68	0.88	1.49	1.79	0.56	1.08
Filing Date Shares Outstanding	541.52	541.84	541.8	541.78	425.24	425.16
Total Common Shares Outstanding	541.52	541.84	541.8	541.78	425.24	425.16
Working Capital	821.9	823.89	1,357	1,506	680.03	1,009
Book Value Per Share	3.26	3.30	3.48	3.49	2.36	2.39
Tangible Book Value	1,672	1,692	1,784	1,818	942.52	958.08
Tangible Book Value Per Share	3.09	3.12	3.29	3.36	2.22	2.25
Buildings	-	379.86	163.96	82.61	82.55	82.55
Machinery	-	175.81	144.96	71.75	70.03	64.55
Construction In Progress	-	441.9	368.56	411.2	355.26	134.59
Order Backlog	-	947.31	-	-	-	-

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