SHA:603992 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	1,240	949.03	500.13	903.58	1,104	566.34
Trading Asset Securities	466.01	703.57	1,263	728.67	416.29	12.67
Cash & Short-Term Investments	1,706	1,653	1,763	1,632	1,521	579.01
Cash Growth	-0.76%	-6.25%	8.00%	7.35%	162.61%	-40.80%
Accounts Receivable	559.59	519.13	595.88	627.11	574.57	713.57
Other Receivables	16.68	15.46	14.35	14.14	32.08	82.52
Receivables	576.27	534.59	610.24	641.25	606.64	796.09
Inventory	415.54	449.4	289.66	314.08	368.95	530.81
Prepaid Expenses	-	-	-	-	0	-
Other Current Assets	22.8	41.11	26.62	44.29	14.9	13.59
Total Current Assets	2,721	2,678	2,689	2,632	2,511	1,919
Property, Plant & Equipment	1,326	1,334	1,225	1,203	1,393	1,606
Long-Term Investments	3.02	3.08	3.17	3.05	4.09	3.39
Goodwill	84.52	84.52	82.27	82.27	82.27	92.42
Other Intangible Assets	259.72	262.26	265.26	230.37	270.07	281.7
Long-Term Accounts Receivable	-	0.76	1.47	1.72	5.9	3.18
Long-Term Deferred Tax Assets	34	38.03	35.74	34.08	15.27	13.4
Long-Term Deferred Charges	56.27	54.16	40.51	46.33	93.55	79.76
Other Long-Term Assets	22.14	22.94	21.78	19.92	41.57	36.18
Total Assets	4,507	4,477	4,364	4,252	4,417	4,036
Accounts Payable	463.1	418.48	397.97	380.36	448.46	513.36
Accrued Expenses	81.01	149.75	158.24	170.67	181.22	192.77
Short-Term Debt	113	93.04	-	45.47	38.54	134.84
Current Portion of Leases	-	0.78	0.7	7.71	21.53	34.81
Current Income Taxes Payable	14.86	0.46	23.85	7.19	6.5	14.71
Current Unearned Revenue	54.93	62.6	39.56	77.7	89	97.51
Other Current Liabilities	42.38	104.35	187.07	310.93	151.7	200.94
Total Current Liabilities	770.07	829.46	807.38	1,000	936.96	1,189
Long-Term Debt	-	244.23	310.91	595.44	573.72	-
Long-Term Leases	12.9	13.19	14.35	26.68	153.69	366.58
Long-Term Unearned Revenue	23.01	22.16	16.96	20.02	20.33	14.92
Long-Term Deferred Tax Liabilities	35.06	35.61	36.36	38.41	40.46	42.51
Other Long-Term Liabilities	-	-	3.68	-	313.6	-
Total Liabilities	841.05	1,145	1,190	1,681	2,039	1,613
Common Stock	443.04	433.14	428.47	407.99	401.01	401.01
Additional Paid-In Capital	1,620	1,417	1,309	962.02	686.09	999.69
Retained Earnings	1,630	1,535	1,489	1,230	1,057	825.88
Treasury Stock	-	-41.97	-66.71	-60.26	-	-
Comprehensive Income & Other	-27.3	-9.97	14.5	31.56	31.56	-0.3
Total Common Equity	3,666	3,333	3,174	2,572	2,175	2,226
Minority Interest	-	-	-	-	203.06	196.43
Shareholders' Equity	3,666	3,333	3,174	2,572	2,378	2,423
Total Liabilities & Equity	4,507	4,477	4,364	4,252	4,417	4,036
Total Debt	126.69	351.23	325.97	675.3	787.49	536.23
Net Cash (Debt)	1,579	1,301	1,437	956.95	733.04	42.78
Net Cash Growth	8.08%	-9.43%	50.15%	30.55%	1613.67%	-95.63%
Net Cash Per Share	3.69	3.04	3.22	2.50	1.82	0.11
Filing Date Shares Outstanding	414.81	425.4	405.39	407.99	401.01	401.01
Total Common Shares Outstanding	414.81	425.4	405.39	401.01	401.01	401.01
Working Capital	1,951	1,848	1,882	1,632	1,574	730.55
Book Value Per Share	8.84	7.83	7.83	6.41	5.42	5.55
Tangible Book Value	3,321	2,986	2,827	2,259	1,823	1,852
Tangible Book Value Per Share	8.01	7.02	6.97	5.63	4.55	4.62
Buildings	-	1,083	943.91	820.92	850.77	683.57
Machinery	-	1,063	942.01	929.5	947.46	885.99
Construction In Progress	-	90.85	148.03	172.27	111.2	243.24

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