SHA:600721 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	61.39	298.65	272.05	202.07	135.73	86.88
Trading Asset Securities	232.08	-	-	-	-	-
Cash & Short-Term Investments	293.47	298.65	272.05	202.07	135.73	86.88
Cash Growth	19.56%	9.78%	34.63%	48.88%	56.22%	56.22%
Accounts Receivable	219.14	229.06	202.04	217.65	204.24	167.04
Other Receivables	2.98	5.03	6.45	6.18	3.95	7.94
Receivables	222.12	234.09	208.48	223.82	208.19	174.98
Inventory	29.87	30.36	99.72	124.83	149.43	194.05
Other Current Assets	10.83	2.31	3.02	14.04	12.32	12.18
Total Current Assets	556.29	565.41	583.27	564.77	505.67	468.09
Property, Plant & Equipment	134.51	138.27	140.11	138.19	147.8	161.64
Long-Term Investments	58.01	55.15	63.77	63.7	60.74	58.51
Goodwill	11.49	11.49	11.49	11.49	11.49	11.49
Other Intangible Assets	7.11	6.59	8.41	10.07	11.49	11.67
Long-Term Deferred Tax Assets	35.07	34.84	31.78	14.82	15.4	14.94
Long-Term Deferred Charges	36.93	37.13	30.19	13.47	4.17	4.68
Other Long-Term Assets	253.79	248.69	245.53	245.51	244.93	251.29
Total Assets	1,093	1,098	1,115	1,062	1,002	982.31
Accounts Payable	50.98	56.81	86.65	100.73	92.82	58.39
Accrued Expenses	15.69	26.57	29.57	29.15	26.8	25.18
Short-Term Debt	20	-	-	-	-	6.3
Current Portion of Leases	-	-	0.1	0.44	0.51	-
Current Income Taxes Payable	4.04	2.08	1.78	1.45	1.22	1.17
Current Unearned Revenue	101.41	110.13	140.51	111.27	98.85	85.73
Other Current Liabilities	43.34	51.25	50.51	65.4	69	77.11
Total Current Liabilities	235.46	246.84	309.12	308.44	289.2	253.89
Long-Term Leases	-	-	-	1.13	1.82	-
Long-Term Unearned Revenue	1.04	1.3	1.06	1.81	2.35	3.02
Pension & Post-Retirement Benefits	0.96	0.96	1.16	0.83	0.99	0.88
Long-Term Deferred Tax Liabilities	46.03	45.47	43.52	42.09	39.8	36.88
Other Long-Term Liabilities	1.23	1.16	1.1	1.1	0.5	1.39
Total Liabilities	284.73	295.73	355.96	355.39	334.66	296.06
Common Stock	384.55	384.55	384.03	381.69	377.67	375.13
Additional Paid-In Capital	362.34	362.34	2,266	2,258	2,235	2,217
Retained Earnings	54.36	47.72	-1,898	-1,940	-1,953	-1,918
Comprehensive Income & Other	7.24	7.24	7.2	7.29	7.43	7.66
Total Common Equity	808.48	801.84	758.58	706.62	667.01	681.3
Minority Interest	-	-	-	-	-	4.95
Shareholders' Equity	808.48	801.84	758.58	706.62	667.01	686.25
Total Liabilities & Equity	1,093	1,098	1,115	1,062	1,002	982.31
Total Debt	20	-	0.1	1.57	2.33	6.3
Net Cash (Debt)	273.47	298.65	271.95	200.5	133.4	80.59
Net Cash Growth	11.43%	9.82%	35.64%	50.29%	65.54%	44.90%
Net Cash Per Share	0.71	0.78	0.71	0.53	0.35	0.21
Filing Date Shares Outstanding	384.55	384.55	384.03	381.69	377.67	375.13
Total Common Shares Outstanding	384.55	384.55	384.03	381.69	377.67	375.13
Working Capital	320.83	318.57	274.15	256.33	216.47	214.21
Book Value Per Share	2.10	2.09	1.98	1.85	1.77	1.82
Tangible Book Value	789.88	783.76	738.68	685.06	644.04	658.14
Tangible Book Value Per Share	2.05	2.04	1.92	1.79	1.71	1.75
Buildings	-	161.92	161.92	161.92	161.73	158.52
Machinery	-	185.39	174.08	158.62	150.41	146.97