SHA:603992 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	949.03	500.13	903.58	1,104	566.34
Trading Asset Securities	703.57	1,263	728.67	416.29	12.67
Cash & Short-Term Investments	1,653	1,763	1,632	1,521	579.01
Cash Growth	-6.25%	8.00%	7.35%	162.61%	-40.80%
Accounts Receivable	519.13	595.88	627.11	574.57	713.57
Other Receivables	15.46	14.35	14.14	32.08	82.52
Receivables	534.59	610.24	641.25	606.64	796.09
Inventory	449.4	289.66	314.08	368.95	530.81
Prepaid Expenses	-	-	-	0	-
Other Current Assets	41.11	26.62	44.29	14.9	13.59
Total Current Assets	2,678	2,689	2,632	2,511	1,919
Property, Plant & Equipment	1,334	1,225	1,203	1,393	1,606
Long-Term Investments	3.08	3.17	3.05	4.09	3.39
Goodwill	84.52	82.27	82.27	82.27	92.42
Other Intangible Assets	262.26	265.26	230.37	270.07	281.7
Long-Term Accounts Receivable	-	1.47	1.72	5.9	3.18
Long-Term Deferred Tax Assets	38.03	35.74	34.08	15.27	13.4
Long-Term Deferred Charges	54.16	40.51	46.33	93.55	79.76
Other Long-Term Assets	23.7	21.78	19.92	41.57	36.18
Total Assets	4,477	4,364	4,252	4,417	4,036
Accounts Payable	513.38	397.97	380.36	448.46	513.36
Accrued Expenses	104.12	158.24	170.67	181.22	192.77
Short-Term Debt	93.04	-	45.47	38.54	134.84
Current Portion of Long-Term Debt	0.78	-	-	-	-
Current Portion of Leases	-	0.7	7.71	21.53	34.81
Current Income Taxes Payable	12.99	23.85	7.19	6.5	14.71
Current Unearned Revenue	62.5	39.56	77.7	89	97.51
Other Current Liabilities	42.65	187.07	310.93	151.7	200.94
Total Current Liabilities	829.46	807.38	1,000	936.96	1,189
Long-Term Debt	244.23	310.91	595.44	573.72	-
Long-Term Leases	13.19	14.35	26.68	153.69	366.58
Long-Term Unearned Revenue	22.16	16.96	20.02	20.33	14.92
Long-Term Deferred Tax Liabilities	35.61	36.36	38.41	40.46	42.51
Other Long-Term Liabilities	-	3.68	-	313.6	-
Total Liabilities	1,145	1,190	1,681	2,039	1,613
Common Stock	433.14	428.47	407.99	401.01	401.01
Additional Paid-In Capital	1,417	1,309	962.02	686.09	999.69
Retained Earnings	1,535	1,489	1,230	1,057	825.88
Treasury Stock	-41.97	-66.71	-60.26	-	-
Comprehensive Income & Other	-9.97	14.5	31.56	31.56	-0.3
Total Common Equity	3,333	3,174	2,572	2,175	2,226
Minority Interest	-	-	-	203.06	196.43
Shareholders' Equity	3,333	3,174	2,572	2,378	2,423
Total Liabilities & Equity	4,477	4,364	4,252	4,417	4,036
Total Debt	351.23	325.97	675.3	787.49	536.23
Net Cash (Debt)	1,301	1,437	956.95	733.04	42.78
Net Cash Growth	-9.43%	50.15%	30.55%	1613.67%	-95.63%
Net Cash Per Share	3.04	3.22	2.50	1.82	0.11
Filing Date Shares Outstanding	425.4	405.39	407.99	401.01	401.01
Total Common Shares Outstanding	425.4	405.39	401.01	401.01	401.01
Working Capital	1,848	1,882	1,632	1,574	730.55
Book Value Per Share	7.83	7.83	6.41	5.42	5.55
Tangible Book Value	2,986	2,827	2,259	1,823	1,852
Tangible Book Value Per Share	7.02	6.97	5.63	4.55	4.62
Buildings	-	943.91	820.92	850.77	683.57
Machinery	-	942.01	929.5	947.46	885.99
Construction In Progress	-	148.03	172.27	111.2	243.24

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