SHA:603950 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	652.04	461.06	285.82	263.02	591.42	613.9
Trading Asset Securities	50	-	54.3	64.53	27.41	51.85
Cash & Short-Term Investments	702.04	461.06	340.12	327.55	618.83	665.75
Cash Growth	0.27%	35.56%	3.84%	-47.07%	-7.05%	2.92%
Accounts Receivable	1,021	1,132	1,142	800.86	688.76	594.85
Other Receivables	90.82	85.91	51.54	57.58	50.72	12.86
Receivables	1,112	1,218	1,193	858.44	739.48	607.71
Inventory	715.95	691.86	526.96	425.94	340.32	308.08
Other Current Assets	142.15	136.38	117.53	106	93.38	117.07
Total Current Assets	2,672	2,507	2,178	1,718	1,792	1,699
Property, Plant & Equipment	2,880	2,881	2,564	2,143	1,693	1,710
Long-Term Investments	84.53	84.71	32.91	34.88	34.45	56.86
Other Intangible Assets	126.08	126.94	129.83	133.03	138.46	123.18
Long-Term Deferred Tax Assets	67.6	69.72	75.08	92.94	82.69	57.68
Long-Term Deferred Charges	7.45	6.77	8.7	9.06	7.17	1.9
Other Long-Term Assets	122.31	123.83	95.26	160.03	92.24	43.36
Total Assets	5,960	5,800	5,083	4,291	3,840	3,691
Accounts Payable	1,236	1,208	1,162	714.19	514.23	495.94
Accrued Expenses	30.59	45.2	38.3	38.88	48.82	45.55
Short-Term Debt	614.88	564.88	200.17	100.11	-	-
Current Portion of Long-Term Debt	81.62	70.62	56	31	450	100
Current Portion of Leases	-	1.51	0.14	1.67	1.59	1.52
Current Income Taxes Payable	8.19	12.82	1.03	0.11	10.13	16.34
Current Unearned Revenue	6.97	4.96	7.18	4.46	6.06	8.67
Other Current Liabilities	93.68	91.51	40.57	32.55	42.41	54.96
Total Current Liabilities	2,072	1,999	1,505	922.97	1,073	722.97
Long-Term Debt	442.48	452.28	486	478	80	400
Long-Term Leases	4.66	5.02	-	0.14	1.81	3.41
Long-Term Unearned Revenue	324.46	310.5	346.64	354.09	367.38	257.75
Long-Term Deferred Tax Liabilities	1.52	1.62	0.04	0.43	-	0.04
Other Long-Term Liabilities	-	-	35.72	35.72	37.17	39.39
Total Liabilities	2,845	2,769	2,373	1,791	1,560	1,424
Common Stock	324.13	324.13	324.13	324.13	231.52	231.52
Additional Paid-In Capital	978.29	977.33	977.07	977.07	1,070	1,070
Retained Earnings	1,802	1,719	1,400	1,169	950.83	950.79
Treasury Stock	-8.28	-8.28	-17.4	-	-	-
Comprehensive Income & Other	0.01	0.04	0.05	0.69	1.64	0.91
Total Common Equity	3,096	3,012	2,684	2,471	2,254	2,253
Minority Interest	19.35	19.15	26.27	28.34	26.49	14.1
Shareholders' Equity	3,115	3,031	2,710	2,500	2,280	2,268
Total Liabilities & Equity	5,960	5,800	5,083	4,291	3,840	3,691
Total Debt	1,144	1,094	742.31	610.92	533.41	504.93
Net Cash (Debt)	-441.6	-633.25	-402.19	-283.37	85.42	160.82
Net Cash Growth	-	-	-	-	-46.88%	-
Net Cash Per Share	-1.35	-1.95	-1.29	-0.87	0.26	0.50
Filing Date Shares Outstanding	318.64	329.47	323.13	324.13	324.13	324.13
Total Common Shares Outstanding	318.64	329.47	323.13	324.13	324.13	324.13
Working Capital	600.28	507.98	672.85	794.96	718.78	975.65
Book Value Per Share	9.72	9.14	8.31	7.62	6.95	6.95
Tangible Book Value	2,970	2,885	2,554	2,338	2,115	2,130
Tangible Book Value Per Share	9.32	8.76	7.90	7.21	6.53	6.57
Buildings	-	393.42	332.81	273.05	215.09	204.06
Machinery	-	3,875	3,467	2,841	2,447	2,408
Construction In Progress	-	542.74	431.24	450.79	249.31	115.39

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