SHA:600101 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	845.14	766.54	886.56	861.89	863.93	884.3
Accounts Receivable	165.6	126.59	118.71	146.99	158.98	92.33
Other Receivables	5.41	9.76	10.1	7.75	88.83	12.59
Inventory	12.76	13.44	15.36	21.04	26.92	26.21
Prepaid Expenses	-	13.47	47.84	17.09	16	3.1
Other Current Assets	9.28	1.73	2.73	5.1	14.47	7.57
Total Current Assets	1,038	931.53	1,081	1,060	1,169	1,026
Property, Plant & Equipment	2,702	2,655	2,526	2,345	2,176	2,111
Goodwill	4.51	4.51	4.51	4.51	4.51	4.51
Other Intangible Assets	241.1	244.44	231.46	224.45	208.88	184.54
Long-Term Investments	210.79	208.62	204.39	220.01	216.46	218.02
Long-Term Deferred Tax Assets	43.13	43.13	33.93	28.1	26.41	17.11
Long-Term Deferred Charges	18.65	17.85	16.21	2.49	-	-
Other Long-Term Assets	9.01	11.44	7.7	10.07	9.47	20.81
Total Assets	4,267	4,117	4,106	3,895	3,811	3,582
Accounts Payable	418.31	311.47	465.81	360.38	351.4	265.08
Accrued Expenses	9.61	26.22	32.33	23.05	21.13	22.64
Short-Term Debt	-	-	-	-	-	81
Current Portion of Long-Term Debt	32.25	31	1	50	30	-
Current Unearned Revenue	199.03	204.85	179.04	195.19	270.93	201.64
Current Portion of Leases	-	0.43	0.42	0.37	0.28	0.33
Current Income Taxes Payable	30.46	12.86	1.5	9.61	15.33	8.76
Other Current Liabilities	109.37	140.84	110.57	146.32	149.67	150.03
Total Current Liabilities	799.04	727.68	790.67	784.93	838.74	729.48
Long-Term Debt	33	33	64	30	50	80
Long-Term Leases	1.9	1.67	1.9	1.59	1.03	1.32
Long-Term Unearned Revenue	86.29	81.32	65.03	60.25	51.75	44.51
Long-Term Deferred Tax Liabilities	0.03	0.03	1.06	0.98	1.03	1.09
Other Long-Term Liabilities	188.32	188.32	189.22	198.08	202.73	186.77
Total Liabilities	1,109	1,032	1,112	1,076	1,145	1,043
Common Stock	547.86	547.86	547.86	421.43	421.43	421.43
Additional Paid-In Capital	400.41	400.35	400.17	518.16	510.81	509.72
Retained Earnings	2,182	2,109	2,012	1,845	1,700	1,574
Comprehensive Income & Other	28.66	27.73	33.45	33.96	34.19	23.62
Total Common Equity	3,159	3,085	2,994	2,819	2,666	2,529
Minority Interest	-	-	-	-	-	10.01
Shareholders' Equity	3,159	3,085	2,994	2,819	2,666	2,539
Total Liabilities & Equity	4,267	4,117	4,106	3,895	3,811	3,582
Total Debt	67.15	66.1	67.32	81.96	81.31	162.65
Net Cash (Debt)	777.98	700.44	819.24	779.93	782.62	721.65
Net Cash Growth	-9.29%	-14.50%	5.04%	-0.34%	8.45%	2.55%
Net Cash Per Share	1.42	1.28	1.50	1.42	1.43	1.32
Filing Date Shares Outstanding	547.86	547.86	547.86	547.86	547.86	547.86
Total Common Shares Outstanding	547.86	547.86	547.86	547.86	547.86	547.86
Working Capital	239.15	203.84	290.63	274.93	330.41	296.62
Book Value Per Share	5.77	5.63	5.46	5.15	4.87	4.62
Tangible Book Value	2,913	2,836	2,758	2,590	2,453	2,340
Tangible Book Value Per Share	5.32	5.18	5.03	4.73	4.48	4.27
Buildings	-	1,318	1,219	1,062	1,019	1,216
Machinery	-	2,364	2,202	1,993	1,779	1,657
Construction In Progress	-	114.9	85.74	189.57	241.75	148.18