SHA:603999 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	701.34	806.2	1,162	1,044	934.87	938.1
Trading Asset Securities	650.64	632.29	216.33	221.06	147.07	110.08
Cash & Short-Term Investments	1,352	1,438	1,378	1,265	1,082	1,048
Cash Growth	1.77%	4.36%	8.98%	16.89%	3.22%	8.12%
Accounts Receivable	210.48	151.18	134.35	184.12	269.85	211.8
Other Receivables	4.15	9.07	25.62	21.66	36.56	17.05
Receivables	214.63	160.25	159.97	205.78	306.41	228.84
Inventory	175.92	167.35	186.95	166.82	226.53	155.07
Other Current Assets	31.18	14.59	11.7	36.3	19.2	21.51
Total Current Assets	1,774	1,781	1,737	1,674	1,634	1,454
Property, Plant & Equipment	161.76	163.72	172.67	177.03	201.19	215.25
Long-Term Investments	484.77	484.72	469.72	449.5	438.63	476.08
Other Intangible Assets	88.53	89.36	93.54	27.32	30.52	32.16
Long-Term Deferred Tax Assets	0.16	0.05	1.45	26.54	1.49	1.4
Long-Term Deferred Charges	24.99	25.85	22.71	18.59	16.98	19.89
Other Long-Term Assets	59.4	60.16	63.19	138.25	125.25	112.1
Total Assets	2,593	2,605	2,560	2,511	2,448	2,310
Accounts Payable	179.01	216.62	147.99	112.64	188.14	103.69
Accrued Expenses	32.4	62.8	86.27	88.48	80.79	41.02
Short-Term Debt	-	-	-	-	-	8
Current Portion of Leases	-	2.22	4.06	1.97	3.63	5.73
Current Income Taxes Payable	-	0.47	0.04	0.56	0.55	0.28
Current Unearned Revenue	146.68	148.15	180.23	184.07	165.72	109.85
Other Current Liabilities	72.17	17.37	28.57	42.39	21.47	55.76
Total Current Liabilities	430.26	447.62	447.15	430.11	460.28	324.32
Long-Term Leases	1.69	1.69	3.97	5.1	4.1	5.17
Long-Term Unearned Revenue	91.37	92.69	98.51	97.25	92.27	94.04
Long-Term Deferred Tax Liabilities	0.21	0.26	0.15	0.18	0.24	-
Total Liabilities	523.53	542.27	549.77	532.63	556.89	423.53
Common Stock	576	576	576	576	576	576
Additional Paid-In Capital	241.32	241.32	241.32	245.14	245.14	245.14
Retained Earnings	1,266	1,257	1,190	1,158	1,086	1,026
Comprehensive Income & Other	-7.86	-7.86	-22.59	-26.02	-43.36	12.54
Total Common Equity	2,076	2,066	1,985	1,953	1,864	1,860
Minority Interest	-5.82	-3.8	25.41	25.08	27.7	27.31
Shareholders' Equity	2,070	2,062	2,010	1,978	1,891	1,887
Total Liabilities & Equity	2,593	2,605	2,560	2,511	2,448	2,310
Total Debt	1.69	3.91	8.03	7.07	7.73	18.89
Net Cash (Debt)	1,350	1,435	1,370	1,258	1,074	1,029
Net Cash Growth	2.23%	4.69%	8.96%	17.08%	4.36%	7.05%
Net Cash Per Share	2.40	2.52	2.42	2.18	1.88	1.82
Filing Date Shares Outstanding	559.57	576	576	576	576	576
Total Common Shares Outstanding	559.57	576	576	576	576	576
Working Capital	1,343	1,333	1,290	1,244	1,174	1,129
Book Value Per Share	3.71	3.59	3.45	3.39	3.24	3.23
Tangible Book Value	1,987	1,977	1,892	1,926	1,833	1,827
Tangible Book Value Per Share	3.55	3.43	3.28	3.34	3.18	3.17
Buildings	-	182.78	182.78	182.25	203.06	203.06
Machinery	-	102.63	102.58	104.32	117.01	109.14
Construction In Progress	-	9.64	5.25	1.61	0.28	5.06

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