SHA:600113 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	604.48	576.44	769.22	935.97	588.57	397.25
Cash & Short-Term Investments	604.48	576.44	769.22	935.97	588.57	397.25
Cash Growth	-20.23%	-25.06%	-17.82%	59.03%	48.16%	56.98%
Accounts Receivable	38.26	51.78	32.25	26.59	36.16	28.35
Other Receivables	50.38	74.37	81.66	67.46	510.96	844.13
Receivables	88.63	126.15	113.91	94.05	547.12	872.48
Inventory	381.01	389.92	521.47	570.39	107.96	340.73
Prepaid Expenses	-	9.14	9.49	9.19	0.02	5.01
Other Current Assets	212.03	203.22	48.03	40.49	1.25	20.36
Total Current Assets	1,286	1,305	1,462	1,650	1,245	1,636
Property, Plant & Equipment	520.5	525.76	498.07	442.43	353.55	350.41
Long-Term Investments	410.46	414.77	402.69	395.57	385.95	369.38
Goodwill	7.68	7.68	7.95	7.98	-	-
Other Intangible Assets	376.72	374.21	387.23	400.57	389.22	341.02
Long-Term Deferred Tax Assets	27.69	43.28	31.68	24.85	16.13	4.95
Long-Term Deferred Charges	20.46	20.89	18.17	20.06	17.18	12.91
Other Long-Term Assets	843.41	850.35	800.57	794.92	461.57	342.69
Total Assets	3,493	3,542	3,609	3,736	2,869	3,057
Accounts Payable	216.5	212.59	284.12	307.77	117.93	141.08
Accrued Expenses	14.25	89.47	84.21	83.48	81.56	33.77
Short-Term Debt	20.01	38.94	28.38	13.01	0.13	1.4
Current Portion of Long-Term Debt	53.15	44.15	119.16	118.92	1	1
Current Portion of Leases	-	13.22	10.9	12.85	15.85	12.41
Current Income Taxes Payable	85.8	48.16	60.84	164.55	218.78	219.38
Current Unearned Revenue	63.73	103.87	110.08	121.04	43.19	251.12
Other Current Liabilities	160.7	118.89	111.91	108.62	52.29	90.75
Total Current Liabilities	614.13	669.3	809.6	930.23	530.73	750.92
Long-Term Debt	60.04	60.04	103.79	162.74	1.5	52.62
Long-Term Leases	40.68	40.49	44.24	52.25	40.49	55.22
Long-Term Unearned Revenue	74.51	74	56.67	57.83	8.98	11.4
Long-Term Deferred Tax Liabilities	13.86	13.82	43.88	49.08	42.61	28.77
Total Liabilities	803.23	857.64	1,058	1,252	624.32	898.93
Common Stock	415.33	415.33	418.39	421.53	411.43	411.43
Additional Paid-In Capital	413.82	427.36	385.79	379.28	342.48	342.48
Retained Earnings	1,745	1,724	1,629	1,569	1,412	1,351
Treasury Stock	-13.33	-13.33	-24.62	-37.57	-	-
Total Common Equity	2,561	2,553	2,408	2,333	2,166	2,105
Minority Interest	128.72	131.19	141.93	151.67	78.55	52.91
Shareholders' Equity	2,690	2,684	2,550	2,484	2,244	2,158
Total Liabilities & Equity	3,493	3,542	3,609	3,736	2,869	3,057
Total Debt	173.88	196.85	306.47	359.77	58.97	122.65
Net Cash (Debt)	430.61	379.59	462.75	576.2	529.59	274.6
Net Cash Growth	-8.47%	-17.97%	-19.69%	8.80%	92.86%	55.11%
Net Cash Per Share	1.04	0.92	1.20	1.36	1.29	0.67
Filing Date Shares Outstanding	434.29	421.18	276.17	421.53	411.43	411.43
Total Common Shares Outstanding	434.29	421.18	276.17	421.53	411.43	411.43
Working Capital	672.02	635.56	652.53	719.87	714.18	884.91
Book Value Per Share	5.90	6.06	8.72	5.53	5.26	5.12
Tangible Book Value	2,177	2,171	2,013	1,924	1,776	1,764
Tangible Book Value Per Share	5.01	5.15	7.29	4.56	4.32	4.29
Buildings	-	467.65	448.12	447.03	378.98	375.01
Machinery	-	80.98	70.13	65.38	40.49	32.11
Construction In Progress	-	151.59	127.61	39.6	33.51	6.35