SHA:600272 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	335.07	322.56	105.01	158.15	300.93	173.5
Trading Asset Securities	180.35	180.74	120.36	100.31	20.03	30.62
Cash & Short-Term Investments	515.42	503.3	225.36	258.46	320.96	204.12
Cash Growth	69.70%	123.33%	-12.81%	-19.47%	57.24%	-41.70%
Accounts Receivable	616.97	580.47	581.6	365.6	166.31	97.84
Other Receivables	2.54	2.19	2.61	25.19	4.96	5.04
Receivables	619.5	582.66	584.21	390.79	171.27	102.88
Inventory	77.78	69.95	78.19	74.56	88.72	90.74
Prepaid Expenses	-	2.09	-	-	0	-
Other Current Assets	8.94	4.53	5.87	4.76	8.34	18.86
Total Current Assets	1,222	1,163	893.63	728.57	589.29	416.6
Property, Plant & Equipment	252.09	256.76	264.55	341.62	347.68	369.66
Long-Term Investments	101.4	106.96	108.58	117.78	117.31	117.11
Other Intangible Assets	3.58	3.95	5.46	2.82	3.69	2.39
Long-Term Deferred Tax Assets	2.92	3.38	3.5	1.93	3.28	0.13
Long-Term Deferred Charges	8.76	9.36	6.24	2.89	4.4	5.99
Other Long-Term Assets	190.83	193.18	202.9	131.1	144.75	151.09
Total Assets	1,781	1,736	1,485	1,327	1,210	1,063
Accounts Payable	581.07	574.18	480.32	367.07	209.33	141.99
Accrued Expenses	7.48	9.85	10.24	12.76	19.24	11.89
Short-Term Debt	10.01	10.01	10.01	10.01	45.03	-
Current Portion of Leases	-	9.6	9.89	4.96	9.5	10.71
Current Income Taxes Payable	3.64	6.65	8.62	5.22	3.23	8.31
Current Unearned Revenue	28.1	8.69	8.69	9.99	22.63	13.11
Other Current Liabilities	128.46	120.37	124.71	122.54	126.25	121.56
Total Current Liabilities	768.01	739.34	652.47	532.55	435.21	307.57
Long-Term Leases	3.94	5.74	5.37	3.41	5.19	12.98
Long-Term Unearned Revenue	164.96	166.78	174.06	181.33	188.6	195.88
Long-Term Deferred Tax Liabilities	3.23	3.68	3.96	2.23	3.05	-
Total Liabilities	940.14	915.55	835.87	719.52	632.06	516.43
Common Stock	262.65	262.65	243	243	243	243
Additional Paid-In Capital	150.96	150.96	15.12	15.18	15.18	15.42
Retained Earnings	382.44	364.39	362.15	339.05	311.9	278.43
Comprehensive Income & Other	-1.41	-1.41	-1.41	-1.41	-1.41	-1.41
Total Common Equity	794.64	776.6	618.86	595.83	568.68	535.43
Minority Interest	46.44	43.98	30.13	11.37	9.67	11.11
Shareholders' Equity	841.08	820.57	648.99	607.2	578.35	546.54
Total Liabilities & Equity	1,781	1,736	1,485	1,327	1,210	1,063
Total Debt	23.2	25.34	25.27	18.38	59.71	23.69
Net Cash (Debt)	492.22	477.96	200.1	240.09	261.24	180.43
Net Cash Growth	75.23%	138.86%	-16.66%	-8.10%	44.79%	-48.46%
Net Cash Per Share	1.87	1.85	0.80	0.98	1.05	0.75
Filing Date Shares Outstanding	261.56	262.65	243	243	243	243
Total Common Shares Outstanding	261.56	262.65	243	243	243	243
Working Capital	453.63	423.2	241.16	196.02	154.08	109.04
Book Value Per Share	3.04	2.96	2.55	2.45	2.34	2.20
Tangible Book Value	791.07	772.64	613.4	593.01	564.99	533.05
Tangible Book Value Per Share	3.02	2.94	2.52	2.44	2.33	2.19
Buildings	-	336.3	336.3	429.74	417.85	422.91
Machinery	-	35.96	34.02	36.26	34.96	34.34
Construction In Progress	-	-	0.07	2.6	-	-

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