SHA:603983 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	1,303	1,250	2,032	1,077	1,073	806.1
Short-Term Investments	-	154.42	44.08	279.64	333.41	115.15
Trading Asset Securities	355.94	388.66	395.7	767.98	437.78	738.09
Cash & Short-Term Investments	1,659	1,793	2,472	2,124	1,844	1,659
Cash Growth	-20.41%	-27.45%	16.36%	15.19%	11.14%	-33.37%
Accounts Receivable	31.5	38.4	46.43	31.5	73.93	62.85
Other Receivables	6.96	22.12	11.57	14.64	7.43	7.42
Receivables	38.45	60.52	58	46.14	81.36	70.26
Inventory	224.62	233.35	219.66	171.73	151.7	138.43
Prepaid Expenses	-	9.18	12.52	-	-	4.9
Other Current Assets	391.15	139.34	192.31	187.75	159.99	102.88
Total Current Assets	2,313	2,236	2,954	2,530	2,237	1,976
Property, Plant & Equipment	907.94	931.77	1,082	769.91	520.59	384.14
Long-Term Investments	240.68	261.03	217.85	63.61	73.87	75.12
Other Intangible Assets	390.93	394.15	699.16	719.58	748.63	764.56
Long-Term Deferred Tax Assets	109.11	110.83	91.85	59.1	42.16	21.67
Long-Term Deferred Charges	25.2	21.23	1.74	3.17	2.58	9.98
Other Long-Term Assets	702.99	658.56	15.76	308.41	469.07	530.38
Total Assets	4,690	4,613	5,063	4,454	4,094	3,762
Accounts Payable	293.37	188.12	253.14	178.15	152.94	154.46
Accrued Expenses	21.47	209.28	167.8	156.78	156.8	104.95
Short-Term Debt	467	395	790.1	100.07	100	-
Current Portion of Long-Term Debt	0.84	-	-	148.1	2.1	-
Current Portion of Leases	-	0.83	2.36	4.05	8.65	4.79
Current Income Taxes Payable	49.05	20.69	32.67	15.45	27.98	24.76
Current Unearned Revenue	180.93	184.82	195.12	240.4	94.53	144.57
Other Current Liabilities	164.56	200.08	155.34	167.19	125.47	143.02
Total Current Liabilities	1,177	1,199	1,597	1,010	668.47	576.55
Long-Term Debt	-	-	-	-	148	-
Long-Term Leases	1.78	1.98	1.5	3.25	11.68	14.68
Long-Term Unearned Revenue	4.17	4.24	5.39	6.16	5.56	9.51
Long-Term Deferred Tax Liabilities	14.57	14.25	12.26	15.23	7.85	2.45
Other Long-Term Liabilities	-	-	0.36	0.36	-	-
Total Liabilities	1,198	1,219	1,616	1,035	841.56	603.19
Common Stock	401	401	401	401	401.44	401.82
Additional Paid-In Capital	765.28	765.28	761	760.45	774.49	780.12
Retained Earnings	2,268	2,167	2,220	2,187	2,028	1,930
Treasury Stock	-	-	-	-	-14.47	-26.66
Comprehensive Income & Other	-1.76	-1.73	-1.71	-1.58	-1.49	-1.28
Total Common Equity	3,432	3,331	3,380	3,347	3,188	3,084
Minority Interest	60.42	63.02	66.1	71.42	64.51	74.36
Shareholders' Equity	3,493	3,394	3,447	3,419	3,253	3,158
Total Liabilities & Equity	4,690	4,613	5,063	4,454	4,094	3,762
Total Debt	469.62	397.81	793.97	255.48	270.44	19.47
Net Cash (Debt)	1,190	1,396	1,678	1,869	1,574	1,640
Net Cash Growth	-24.38%	-16.82%	-10.22%	18.75%	-4.03%	-31.21%
Net Cash Per Share	2.97	3.50	4.17	4.68	3.89	4.10
Filing Date Shares Outstanding	404.08	401	401	401	401.44	401.82
Total Common Shares Outstanding	404.08	401	401	401	401.44	401.82
Working Capital	1,136	1,037	1,358	1,520	1,569	1,399
Book Value Per Share	8.49	8.31	8.43	8.35	7.94	7.68
Tangible Book Value	3,041	2,937	2,681	2,628	2,439	2,320
Tangible Book Value Per Share	7.53	7.32	6.69	6.55	6.08	5.77
Buildings	-	911.4	507.12	476.51	274.43	274.43
Machinery	-	108.26	93.04	85.39	73.52	63.46
Construction In Progress	-	22.89	603.06	309.48	253.24	118.62

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