SHA:601133 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	1,221	2,160	2,205	2,130	785.83	531.29
Trading Asset Securities	130.23	-	-	-	0.05	60.05
Cash & Short-Term Investments	1,351	2,160	2,205	2,130	785.88	591.34
Cash Growth	-11.31%	-2.04%	3.52%	171.03%	32.90%	27.59%
Accounts Receivable	2,665	2,596	2,568	2,248	1,554	1,445
Other Receivables	46.78	10.71	5.38	5.39	4.48	5.76
Receivables	2,712	2,607	2,573	2,253	1,558	1,451
Inventory	151.98	121.38	184.52	198.62	140.46	100.89
Other Current Assets	401.28	183.62	171.41	173.22	110.73	98.07
Total Current Assets	4,616	5,072	5,134	4,755	2,595	2,241
Property, Plant & Equipment	188.96	188.96	190.96	153.22	134.77	64.48
Long-Term Investments	22.44	22.15	20.3	20	-	-
Goodwill	-	-	-	6.69	7.5	7.5
Other Intangible Assets	15.39	15.42	15.86	16.19	17.14	19.59
Long-Term Accounts Receivable	-	127.91	238.17	82.6	128.35	95.21
Long-Term Deferred Tax Assets	67.7	64.46	59.04	44.25	28.05	35
Long-Term Deferred Charges	4.73	5.01	1.63	0.42	0.6	0.79
Other Long-Term Assets	168.97	0.99	-	-	-	-
Total Assets	5,084	5,497	5,660	5,078	2,912	2,464
Accounts Payable	1,820	2,244	2,396	2,083	1,342	1,194
Accrued Expenses	34.18	54.56	52.1	51.22	40.21	34.75
Short-Term Debt	-	-	-	-	50.2	55.02
Current Portion of Leases	4.55	4.81	2.99	1.27	2.32	1.41
Current Income Taxes Payable	44.93	38.06	38.55	34.54	39.31	43.38
Current Unearned Revenue	37.31	59.85	204.37	72.01	71.09	50.78
Other Current Liabilities	103.65	89.25	82.34	63.44	51.74	47.29
Total Current Liabilities	2,045	2,491	2,776	2,305	1,597	1,427
Long-Term Debt	-	-	-	-	20.03	-
Long-Term Leases	5.65	4.43	3.42	0.85	1.18	1.48
Other Long-Term Liabilities	0.04	0.14	-	0.57	0.08	0.36
Total Liabilities	2,051	2,496	2,780	2,307	1,618	1,428
Common Stock	528.02	528.02	527.27	522.5	392.5	392.5
Additional Paid-In Capital	1,357	1,355	1,342	1,311	74.67	69.42
Retained Earnings	1,159	1,128	1,034	936.87	824.78	573.94
Treasury Stock	-18.81	-18.81	-25.73	-	-	-
Comprehensive Income & Other	1.69	2.04	2.07	1.61	1.12	-0.5
Total Common Equity	3,027	2,995	2,880	2,772	1,293	1,035
Minority Interest	6.48	6.62	0.61	-	-	-
Shareholders' Equity	3,034	3,001	2,880	2,772	1,293	1,035
Total Liabilities & Equity	5,084	5,497	5,660	5,078	2,912	2,464
Total Debt	10.2	9.23	6.42	2.13	73.73	57.91
Net Cash (Debt)	1,341	2,151	2,198	2,128	712.15	533.43
Net Cash Growth	-11.62%	-2.17%	3.32%	198.79%	33.50%	23.09%
Net Cash Per Share	2.59	4.09	4.25	4.48	1.82	1.37
Filing Date Shares Outstanding	528.02	528.02	527.27	522.5	522.5	392.5
Total Common Shares Outstanding	528.02	528.02	527.27	522.5	392.5	392.5
Working Capital	2,571	2,581	2,358	2,450	997.94	814.64
Book Value Per Share	5.73	5.67	5.46	5.30	3.29	2.64
Tangible Book Value	3,012	2,979	2,864	2,749	1,268	1,008
Tangible Book Value Per Share	5.70	5.64	5.43	5.26	3.23	2.57
Buildings	-	187.91	187.06	68.03	-	69.59
Machinery	-	31.95	22.54	17.18	84.1	15.43
Construction In Progress	-	1.24	0.7	102.53	80.12	6.12

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