SHA:605577 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	2,217	2,351	2,238	2,207	1,721	1,714
Short-Term Investments	-	-	-	-	-	0.21
Trading Asset Securities	678.74	657.93	536.36	423.06	560	300
Cash & Short-Term Investments	2,896	3,009	2,774	2,630	2,281	2,014
Cash Growth	9.39%	8.48%	5.47%	15.32%	13.22%	32.01%
Accounts Receivable	391.29	58.21	73.29	106.23	191.01	127.68
Other Receivables	13.92	11.38	65.71	41.48	22.19	28.44
Receivables	405.22	69.59	139	147.71	213.2	156.12
Inventory	141.11	180.48	193.88	242.32	220.71	232.77
Prepaid Expenses	-	-	4.33	3.04	3.34	5.01
Other Current Assets	23.31	27.61	19.93	27.94	18.41	18.56
Total Current Assets	3,465	3,287	3,131	3,051	2,736	2,427
Property, Plant & Equipment	2,210	2,229	2,283	2,121	2,027	1,975
Long-Term Investments	7.61	7.59	7.76	7.22	6.5	6.63
Other Intangible Assets	243.15	244.79	253.03	269.81	263.77	272.93
Long-Term Deferred Tax Assets	0.06	0.06	0.07	48.81	0.06	0.06
Long-Term Deferred Charges	7.6	7.83	7.18	9.56	4.13	5.46
Other Long-Term Assets	0.44	0.51	1.96	1.69	0.71	1.35
Total Assets	5,935	5,776	5,684	5,509	5,038	4,688
Accounts Payable	424.72	328.33	320.43	337.63	378.92	281.67
Accrued Expenses	98.51	125.08	139.23	164.6	127.46	115.27
Current Portion of Leases	-	-	-	-	-	0.09
Current Income Taxes Payable	8.02	7.39	0.35	0.36	0.35	0.35
Current Unearned Revenue	177.82	224.1	230.8	335.44	264.13	279.53
Other Current Liabilities	81.12	77.88	107.83	96.86	89.52	47.96
Total Current Liabilities	790.19	762.78	798.64	934.89	860.38	724.88
Long-Term Debt	-	-	-	0.42	-	-
Long-Term Unearned Revenue	44.58	45.09	53.26	97.48	70.48	82.95
Pension & Post-Retirement Benefits	-	-	1,089	925.18	663.63	882.79
Long-Term Deferred Tax Liabilities	-	-	-	0.25	-	-
Other Long-Term Liabilities	1,072	1,064	23.79	20.84	21.85	26.4
Total Liabilities	1,906	1,871	1,965	1,979	1,616	1,717
Common Stock	444.44	444.44	444.44	444.44	444.44	444.44
Additional Paid-In Capital	1,334	1,334	1,334	1,236	1,178	1,178
Retained Earnings	2,343	2,220	2,063	1,897	1,725	1,291
Comprehensive Income & Other	-94.06	-93.99	-121.73	-3.03	74.52	56.81
Total Common Equity	4,028	3,905	3,720	3,574	3,422	2,971
Minority Interest	-	-	-	-43.49	-	-
Shareholders' Equity	4,028	3,905	3,720	3,530	3,422	2,971
Total Liabilities & Equity	5,935	5,776	5,684	5,509	5,038	4,688
Total Debt	-	-	-	0.42	-	0.09
Net Cash (Debt)	2,896	3,009	2,774	2,630	2,281	2,014
Net Cash Growth	9.39%	8.48%	5.49%	15.30%	13.23%	32.01%
Net Cash Per Share	6.52	6.77	6.24	5.92	5.13	4.86
Filing Date Shares Outstanding	444.45	444.35	444.44	444.44	444.44	444.44
Total Common Shares Outstanding	444.45	444.35	444.44	444.44	444.44	444.44
Working Capital	2,675	2,524	2,332	2,116	1,876	1,702
Book Value Per Share	9.06	8.79	8.37	8.04	7.70	6.68
Tangible Book Value	3,785	3,660	3,467	3,304	3,158	2,698
Tangible Book Value Per Share	8.52	8.24	7.80	7.43	7.11	6.07
Buildings	-	-	2,405	2,243	2,127	2,126
Machinery	-	-	205.01	157.61	154.88	151.71
Construction In Progress	-	-	298.71	301.03	226.7	115.9

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