SHA:603983 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,250	2,032	1,077	1,073	806.1
Short-Term Investments	154.42	44.08	279.64	333.41	115.15
Trading Asset Securities	388.66	395.7	767.98	437.78	738.09
Cash & Short-Term Investments	1,793	2,472	2,124	1,844	1,659
Cash Growth	-27.45%	16.36%	15.19%	11.14%	-33.37%
Accounts Receivable	38.4	46.43	31.5	73.93	62.85
Other Receivables	22.12	11.57	14.64	7.43	7.42
Receivables	60.52	58	46.14	81.36	70.26
Inventory	233.35	219.66	171.73	151.7	138.43
Prepaid Expenses	9.18	12.52	-	-	4.9
Other Current Assets	139.34	192.31	187.75	159.99	102.88
Total Current Assets	2,236	2,954	2,530	2,237	1,976
Property, Plant & Equipment	931.77	1,082	769.91	520.59	384.14
Long-Term Investments	261.03	217.85	63.61	73.87	75.12
Other Intangible Assets	394.15	699.16	719.58	748.63	764.56
Long-Term Deferred Tax Assets	110.83	91.85	59.1	42.16	21.67
Long-Term Deferred Charges	21.23	1.74	3.17	2.58	9.98
Other Long-Term Assets	658.56	15.76	308.41	469.07	530.38
Total Assets	4,613	5,063	4,454	4,094	3,762
Accounts Payable	188.12	253.14	178.15	152.94	154.46
Accrued Expenses	209.28	167.8	156.78	156.8	104.95
Short-Term Debt	395	790.1	100.07	100	-
Current Portion of Long-Term Debt	-	-	148.1	2.1	-
Current Portion of Leases	0.83	2.36	4.05	8.65	4.79
Current Income Taxes Payable	20.69	32.67	15.45	27.98	24.76
Current Unearned Revenue	184.82	195.12	240.4	94.53	144.57
Other Current Liabilities	200.08	155.34	167.19	125.47	143.02
Total Current Liabilities	1,199	1,597	1,010	668.47	576.55
Long-Term Debt	-	-	-	148	-
Long-Term Leases	1.98	1.5	3.25	11.68	14.68
Long-Term Unearned Revenue	4.24	5.39	6.16	5.56	9.51
Long-Term Deferred Tax Liabilities	14.25	12.26	15.23	7.85	2.45
Other Long-Term Liabilities	-	0.36	0.36	-	-
Total Liabilities	1,219	1,616	1,035	841.56	603.19
Common Stock	401	401	401	401.44	401.82
Additional Paid-In Capital	765.28	761	760.45	774.49	780.12
Retained Earnings	2,167	2,220	2,187	2,028	1,930
Treasury Stock	-	-	-	-14.47	-26.66
Comprehensive Income & Other	-1.73	-1.71	-1.58	-1.49	-1.28
Total Common Equity	3,331	3,380	3,347	3,188	3,084
Minority Interest	63.02	66.1	71.42	64.51	74.36
Shareholders' Equity	3,394	3,447	3,419	3,253	3,158
Total Liabilities & Equity	4,613	5,063	4,454	4,094	3,762
Total Debt	397.81	793.97	255.48	270.44	19.47
Net Cash (Debt)	1,396	1,678	1,869	1,574	1,640
Net Cash Growth	-16.82%	-10.22%	18.75%	-4.03%	-31.21%
Net Cash Per Share	3.50	4.17	4.68	3.89	4.10
Filing Date Shares Outstanding	401	401	401	401.44	401.82
Total Common Shares Outstanding	401	401	401	401.44	401.82
Working Capital	1,037	1,358	1,520	1,569	1,399
Book Value Per Share	8.31	8.43	8.35	7.94	7.68
Tangible Book Value	2,937	2,681	2,628	2,439	2,320
Tangible Book Value Per Share	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.