SHA:600381 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	162.79	166.37	207.22	172.26	168.69	164.94
Short-Term Investments	-	-	-	-	1.63	-
Trading Asset Securities	0.75	0.74	0.74	0.67	0.66	34.65
Cash & Short-Term Investments	163.54	167.11	207.96	172.93	170.98	199.59
Cash Growth	29.00%	-19.64%	20.26%	1.14%	-14.33%	-6.08%
Accounts Receivable	68.11	51.79	70.99	62.95	55.37	108.13
Other Receivables	4.44	2.53	0.44	6.64	10.26	18.93
Receivables	72.55	54.32	71.42	69.59	65.63	127.06
Inventory	143.32	159.29	174	297.11	333.5	394.5
Other Current Assets	252.57	270.58	164.77	209.61	245.9	273.31
Total Current Assets	631.97	651.3	618.15	749.24	816	994.46
Property, Plant & Equipment	238.06	242.07	262.15	296.42	281.18	296.92
Long-Term Investments	41.98	41.98	51.89	89	228.97	270.96
Other Intangible Assets	58.96	59.3	74.29	83.25	84.68	145.78
Long-Term Deferred Tax Assets	31.31	31.33	38.62	31.34	30.83	23
Long-Term Deferred Charges	5.86	6.39	6.63	8.08	2.33	3.13
Other Long-Term Assets	11.99	12.11	112.56	101.99	115.24	113.87
Total Assets	1,020	1,044	1,164	1,359	1,559	1,848
Accounts Payable	6.75	4.13	9.09	6.77	2.67	3.74
Accrued Expenses	1.22	3.02	16.35	17.2	9.01	7.21
Current Portion of Long-Term Debt	2.24	2.56	-	-	-	-
Current Portion of Leases	-	-	8.82	8.83	1.95	0.55
Current Income Taxes Payable	0.65	5.95	2.07	2.17	-	-
Current Unearned Revenue	14.95	15.48	83.66	40.44	2.31	9.63
Other Current Liabilities	9.97	12.97	4.55	5.73	5.79	3.59
Total Current Liabilities	35.78	44.12	124.55	81.14	21.73	24.7
Long-Term Leases	0.37	0.41	2.98	9.83	2.95	0.58
Long-Term Unearned Revenue	0.32	0.34	0.5	1.01	1.63	2.36
Long-Term Deferred Tax Liabilities	-	-	-	0	-	-
Total Liabilities	36.47	44.87	128.02	91.99	26.3	27.64
Common Stock	587.06	587.06	587.06	587.06	587.06	587.06
Additional Paid-In Capital	237.37	237.37	237.37	237.37	237.37	237.37
Retained Earnings	188.27	204.54	241.86	440.63	708.5	996.04
Treasury Stock	-33.75	-33.75	-33.75	-	-	-
Total Common Equity	978.96	995.23	1,033	1,265	1,533	1,820
Minority Interest	4.71	4.37	3.71	2.25	-0	-
Shareholders' Equity	983.66	999.61	1,036	1,267	1,533	1,820
Total Liabilities & Equity	1,020	1,044	1,164	1,359	1,559	1,848
Total Debt	2.61	2.97	11.8	18.66	4.9	1.13
Net Cash (Debt)	160.93	164.15	196.16	154.27	166.09	198.46
Net Cash Growth	38.59%	-16.32%	27.15%	-7.11%	-16.31%	-6.61%
Net Cash Per Share	0.30	0.31	0.34	0.26	0.28	0.34
Filing Date Shares Outstanding	553.6	433.57	572.36	587.06	587.06	587.06
Total Common Shares Outstanding	553.6	433.57	572.36	587.06	587.06	587.06
Working Capital	596.19	607.18	493.61	668.09	794.28	969.75
Book Value Per Share	1.77	2.30	1.80	2.15	2.61	3.10
Tangible Book Value	919.99	935.93	958.26	1,182	1,448	1,675
Tangible Book Value Per Share	1.66	2.16	1.67	2.01	2.47	2.85
Buildings	-	-	306.66	319.75	298.95	301.11
Machinery	-	-	110.16	107.22	106.11	105.92
Construction In Progress	-	-	-	-	1.28	-

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