SHA:600107 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	132.11	60.85	117.49	173.46	208.79	209.96
Short-Term Investments	-	-	-	-	4.01	-
Trading Asset Securities	142.14	125.83	85.12	87.8	127.02	27.33
Cash & Short-Term Investments	274.25	186.68	202.61	261.26	339.83	237.29
Cash Growth	37.58%	-7.87%	-22.45%	-23.12%	43.21%	-17.82%
Accounts Receivable	55.65	41.84	68.32	52.8	65.12	56.94
Other Receivables	42.63	125.22	10.66	-3.9	38.52	30.83
Receivables	98.28	167.06	80.93	50.83	103.64	87.76
Inventory	169.85	176.83	216.48	255.19	256.69	253.03
Prepaid Expenses	-	-	0.1	0.04	0.09	0
Other Current Assets	14.37	45.07	190.43	309.65	40.91	14.67
Total Current Assets	556.74	575.63	690.56	876.96	741.17	592.75
Property, Plant & Equipment	92.91	91.22	120.36	104.29	188.21	184.49
Long-Term Investments	-	-	-	-	263.72	237.37
Goodwill	-	-	-	-	123.65	223.12
Other Intangible Assets	1.11	1.2	2.15	2.36	3.58	1.58
Long-Term Deferred Tax Assets	21.72	21.8	18.68	17.28	34.71	23.01
Long-Term Deferred Charges	37.93	39.25	11.22	12.02	17.94	15.16
Other Long-Term Assets	17.91	19.27	34.2	37.88	3.66	5.7
Total Assets	728.32	748.36	877.17	1,051	1,377	1,283
Accounts Payable	15.5	14.9	36.43	31.43	58.29	53.16
Accrued Expenses	21.86	26.64	37.74	39.5	40.25	45.55
Short-Term Debt	140	140	163.75	171.45	191.45	194.96
Current Portion of Long-Term Debt	1.09	1.43	8.5	1	3.21	-
Current Portion of Leases	-	-	0.63	1.52	20.83	15.31
Current Income Taxes Payable	31.24	30.69	22.54	23.38	22.84	24.05
Current Unearned Revenue	17.49	24.69	24.73	34.81	285.31	40.77
Other Current Liabilities	41.31	50.2	50.25	136.1	41.68	53.86
Total Current Liabilities	268.49	288.56	344.56	439.19	663.86	427.67
Long-Term Debt	9	9	-	8.5	1.3	-
Long-Term Leases	-	-	0.71	0.22	51.12	63.52
Long-Term Unearned Revenue	15.23	15.24	10.27	10.15	10.19	10.22
Long-Term Deferred Tax Liabilities	0.2	0.41	0.63	0.68	11.32	0.08
Other Long-Term Liabilities	4.73	7.73	0.14	0.04	0.06	-
Total Liabilities	297.65	320.93	356.31	458.78	737.85	501.49
Common Stock	360	360	360	360	360	360
Additional Paid-In Capital	189.3	189.3	190.71	190.71	179.74	179.74
Retained Earnings	-143.88	-147.61	-58.52	9.58	69.04	208.05
Total Common Equity	405.42	401.68	492.19	560.29	608.78	747.79
Minority Interest	25.25	25.75	28.67	31.71	30	33.89
Shareholders' Equity	430.67	427.43	520.86	592.01	638.78	781.68
Total Liabilities & Equity	728.32	748.36	877.17	1,051	1,377	1,283
Total Debt	150.09	150.43	173.59	182.69	267.91	273.8
Net Cash (Debt)	124.16	36.24	29.03	78.57	71.91	-36.51
Net Cash Growth	158.03%	24.87%	-63.06%	9.25%	-	-
Net Cash Per Share	0.36	0.10	0.08	0.22	0.20	-0.10
Filing Date Shares Outstanding	373.68	355.01	360	360	360	360
Total Common Shares Outstanding	373.68	355.01	360	360	360	360
Working Capital	288.25	287.08	345.99	437.77	77.3	165.08
Book Value Per Share	1.08	1.13	1.37	1.56	1.69	2.08
Tangible Book Value	404.31	400.49	490.04	557.94	481.55	523.1
Tangible Book Value Per Share	1.08	1.13	1.36	1.55	1.34	1.45
Buildings	-	-	191.22	192.77	214.76	182.01
Machinery	-	-	72	69.02	75.77	69.24
Construction In Progress	-	-	38.37	15.33	-	13.11

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