SHA:603004 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	526.8	645.05	1,195	273.25	231.76
Trading Asset Securities	622.98	388.22	-	-	-
Cash & Short-Term Investments	1,150	1,033	1,195	273.25	231.76
Cash Growth	11.28%	-13.54%	337.34%	17.90%	23.00%
Accounts Receivable	127.2	133.72	137.96	152.23	110.45
Other Receivables	6.37	10.56	8.1	7.11	6.69
Receivables	133.56	144.27	146.06	159.34	117.13
Inventory	268.22	280.71	251.5	216.76	192.37
Other Current Assets	29.39	6.27	8.18	10.85	14.69
Total Current Assets	1,581	1,465	1,601	660.2	555.95
Property, Plant & Equipment	489.15	488.5	431.94	356.36	328.87
Long-Term Investments	5.6	-	-	-	-
Other Intangible Assets	65.87	67.63	69.39	71.08	72.29
Long-Term Deferred Tax Assets	17.43	20.58	21.51	21.68	9.75
Long-Term Deferred Charges	4.1	5.73	4.12	4.65	3.4
Other Long-Term Assets	137.71	134.2	1.81	3.76	0.2
Total Assets	2,301	2,181	2,130	1,118	970.45
Accounts Payable	121.89	113.51	98.01	115.56	108.41
Accrued Expenses	18.37	22.69	19.9	22.87	18.57
Short-Term Debt	29.33	16	7.01	53.6	84.9
Current Portion of Long-Term Debt	3.9	-	1.13	-	9.91
Current Portion of Leases	-	3.12	1.47	0.63	1.13
Current Income Taxes Payable	7.09	13.14	11.97	13.66	5.36
Current Unearned Revenue	1.09	2.38	3.48	7.93	4.36
Other Current Liabilities	6.06	6.15	16.15	31.65	24.25
Total Current Liabilities	187.73	176.99	159.11	245.9	256.9
Long-Term Debt	-	-	52.46	-	-
Long-Term Leases	4.84	2.36	0.96	0.52	0.47
Long-Term Unearned Revenue	9.43	6.48	6.98	4.26	2.98
Total Liabilities	202	185.82	219.52	250.67	260.35
Common Stock	235.52	235.52	235.52	176.64	176.64
Additional Paid-In Capital	1,222	1,219	1,233	421.61	418.36
Retained Earnings	630.22	530.5	419.36	245.29	94.63
Comprehensive Income & Other	9.02	9.54	8.95	7.76	5.54
Total Common Equity	2,097	1,994	1,897	851.31	695.17
Minority Interest	2.16	1.15	13.01	15.75	14.93
Shareholders' Equity	2,099	1,995	1,910	867.06	710.1
Total Liabilities & Equity	2,301	2,181	2,130	1,118	970.45
Total Debt	38.08	21.48	63.02	54.74	96.41
Net Cash (Debt)	1,112	1,012	1,132	218.51	135.34
Net Cash Growth	9.87%	-10.62%	418.07%	61.45%	33.62%
Net Cash Per Share	4.69	4.27	6.44	1.23	0.77
Filing Date Shares Outstanding	240.44	235.52	235.52	176.64	176.64
Total Common Shares Outstanding	240.44	235.52	235.52	176.64	176.64
Working Capital	1,393	1,288	1,442	414.31	299.05
Book Value Per Share	8.72	8.47	8.05	4.82	3.94
Tangible Book Value	2,031	1,927	1,828	780.23	622.88
Tangible Book Value Per Share	8.45	8.18	7.76	4.42	3.53
Buildings	-	208.47	143.99	143.16	95.6
Machinery	-	308.74	295.26	287.29	201.48
Construction In Progress	-	173.27	164.79	69.48	156.17

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