SHA:605377 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	831.94	1,021	2,083	2,294	1,859	996.34
Trading Asset Securities	1,465	1,501	320	-	390.07	186.6
Cash & Short-Term Investments	2,297	2,522	2,403	2,294	2,249	1,183
Cash Growth	-4.90%	4.93%	4.74%	2.00%	90.15%	-3.12%
Accounts Receivable	1,365	1,226	1,342	1,438	1,054	1,061
Other Receivables	1.08	1	0.62	0.72	0.49	0.28
Receivables	1,366	1,227	1,342	1,439	1,055	1,061
Inventory	874.01	890.43	841.06	978.78	915.54	609.76
Prepaid Expenses	-	-	-	-	0.05	-
Other Current Assets	43.1	37.04	32.93	45.87	48.21	35.27
Total Current Assets	4,580	4,676	4,619	4,758	4,268	2,889
Property, Plant & Equipment	1,245	1,263	1,363	1,321	1,129	1,014
Other Intangible Assets	103.36	103.98	106.48	108.99	73.62	66.99
Long-Term Deferred Tax Assets	11.99	9.22	4.91	6.43	11.91	5.23
Long-Term Deferred Charges	-	-	1.47	3.42	5.38	-
Other Long-Term Assets	0.04	0.04	0.62	21.03	31.85	44.62
Total Assets	5,940	6,052	6,095	6,219	5,520	4,021
Accounts Payable	1,086	1,206	1,335	1,629	1,484	1,288
Accrued Expenses	9.51	21	52.76	50.92	47.92	76.85
Short-Term Debt	648.59	744.94	616.62	370.01	235	-
Current Portion of Long-Term Debt	1.95	0.27	-	-	-	-
Current Portion of Leases	-	-	1.82	2.4	1.66	0.57
Current Income Taxes Payable	49.81	28.2	14.82	49.23	39.32	53.28
Current Unearned Revenue	29.68	8.33	21.49	13.06	22.36	9.21
Other Current Liabilities	53.97	51.68	12.46	12.01	30.26	16.24
Total Current Liabilities	1,880	2,060	2,055	2,126	1,860	1,444
Long-Term Leases	3.55	0.07	-	1.82	3.5	0.6
Long-Term Unearned Revenue	19.3	19.68	21.21	14.21	-	-
Long-Term Deferred Tax Liabilities	66.45	66.76	54.47	61.46	42.07	19.73
Total Liabilities	1,969	2,147	2,131	2,204	1,906	1,465
Common Stock	556.67	556.67	464.7	332.21	332.24	287.06
Additional Paid-In Capital	1,706	1,705	1,804	1,939	1,936	1,163
Retained Earnings	1,708	1,643	1,708	1,799	1,404	1,109
Treasury Stock	-	-	-14.87	-61.86	-66.36	-12.95
Comprehensive Income & Other	0.73	1.22	1.76	1.69	1.62	1.15
Total Common Equity	3,971	3,905	3,964	4,010	3,608	2,548
Minority Interest	-	-	-	5.1	6.14	8.03
Shareholders' Equity	3,971	3,905	3,964	4,015	3,614	2,556
Total Liabilities & Equity	5,940	6,052	6,095	6,219	5,520	4,021
Total Debt	654.09	745.28	618.44	374.23	240.16	1.17
Net Cash (Debt)	1,643	1,776	1,785	1,920	2,009	1,182
Net Cash Growth	3.47%	-0.47%	-7.06%	-4.43%	70.02%	18.45%
Net Cash Per Share	3.02	3.21	3.20	3.48	3.74	2.46
Filing Date Shares Outstanding	542.26	537.33	556.67	552.86	558.17	482.26
Total Common Shares Outstanding	542.26	537.33	556.67	552.86	558.17	482.26
Working Capital	2,701	2,616	2,564	2,632	2,408	1,445
Book Value Per Share	7.32	7.27	7.12	7.25	6.46	5.28
Tangible Book Value	3,868	3,801	3,858	3,901	3,534	2,481
Tangible Book Value Per Share	7.13	7.07	6.93	7.06	6.33	5.14
Land	-	-	-	-	294.09	-
Buildings	-	-	394.47	352.22	-	294.46
Machinery	-	-	1,638	1,548	1,137	1,136
Construction In Progress	-	-	33.02	22.24	203.03	11.42

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