SHA:600345 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	-	1,107	959.1	965.66	396.82	219.15
Short-Term Investments	-	50	60	-	-	-
Cash & Short-Term Investments	937.04	1,157	1,019	965.66	396.82	219.15
Cash Growth	22.16%	13.57%	5.53%	143.35%	81.07%	-10.25%
Accounts Receivable	-	812.45	685.37	560.63	532.86	144.63
Other Receivables	-	44.01	24.01	19.27	19.49	6.66
Receivables	-	856.46	709.38	579.89	552.34	151.29
Inventory	-	233.36	296.94	288.45	209.2	15.65
Prepaid Expenses	-	0.1	0.22	0.27	-	0.1
Other Current Assets	-	27.2	23.39	35.61	12.28	7.93
Total Current Assets	-	2,274	2,049	1,870	1,171	394.12
Property, Plant & Equipment	-	36.16	331.9	261.94	180.24	60.44
Long-Term Investments	-	2,313	2,199	2,236	1,953	1,822
Other Intangible Assets	-	48.93	29.89	26.67	27.18	29.72
Long-Term Accounts Receivable	-	29.56	21.23	-	-	-
Long-Term Deferred Tax Assets	-	21.93	16.4	15.24	13.47	-
Long-Term Deferred Charges	-	-	-	3.32	3.78	2.3
Other Long-Term Assets	-	288.1	21.54	23.62	21.34	9.7
Total Assets	-	5,013	4,669	4,437	3,370	2,318

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	-	855.67	758.34	620.27	484	124.69
Accrued Expenses	-	112.06	98.54	72.25	90.09	18.21
Short-Term Debt	-	8	10	23	30.05	31
Current Portion of Leases	-	4.83	4.18	2.05	6.21	0.91
Current Income Taxes Payable	-	0	0	0	0	0
Current Unearned Revenue	-	100.79	117.33	176.33	166.97	6.42
Other Current Liabilities	-	38.16	51.39	50.34	38.43	18.17
Total Current Liabilities	-	1,120	1,040	944.25	815.75	199.41
Long-Term Debt	-	78.68	80.1	60.8	4.8	-
Long-Term Leases	-	2.07	4.87	0.67	1.03	2.15
Long-Term Unearned Revenue	-	5.82	4.51	4.74	5.75	-
Long-Term Deferred Tax Liabilities	-	6.17	6.18	6.18	6.18	6.18
Total Liabilities	-	1,212	1,135	1,017	833.52	207.74

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	-	329.61	329.61	329.61	198	198
Additional Paid-In Capital	-	1,387	1,314	1,339	631.3	650.9
Retained Earnings	-	2,073	1,872	1,728	1,522	1,251
Comprehensive Income & Other	-	10.57	18.01	23.93	15.19	10.25
Total Common Equity	4,192	3,800	3,534	3,420	2,367	2,110
Minority Interest	-	-	-	-	169.65	-
Shareholders' Equity	4,192	3,800	3,534	3,420	2,537	2,110
Total Liabilities & Equity	-	5,013	4,669	4,437	3,370	2,318

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	65.75	93.58	99.14	86.52	42.09	34.06
Net Cash (Debt)	871.29	1,064	919.96	879.14	354.72	185.08
Net Cash Growth	31.28%	15.63%	4.64%	147.84%	91.66%	-1.70%
Net Cash Per Share	2.64	3.20	2.80	4.45	1.79	0.93
Filing Date Shares Outstanding	327.86	329.61	329.61	329.61	198	198
Total Common Shares Outstanding	327.86	329.61	329.61	329.61	198	198
Working Capital	-	1,155	1,009	925.64	354.89	194.71
Book Value Per Share	12.72	11.53	10.72	10.38	11.95	10.66
Tangible Book Value	4,145	3,751	3,504	3,394	2,340	2,081
Tangible Book Value Per Share	12.58	11.38	10.63	10.30	11.82	10.51
Buildings	-	46.98	342.54	54.27	54.27	55.4
Machinery	-	46.12	47.1	45.27	44.54	21.22
Construction In Progress	-	3.22	-	223.7	132.19	23.37