SHA:603022 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	157.91	162.52	163.71	135.88	126.33
Short-Term Investments	-	-	-	-	10
Cash & Short-Term Investments	157.91	162.52	163.71	135.88	136.33
Cash Growth	-2.83%	-0.73%	20.48%	-0.33%	36.46%
Accounts Receivable	386.91	325.68	271.78	259.22	221.96
Other Receivables	5.63	5.42	4.27	4.62	377.21
Receivables	392.53	331.1	276.05	263.84	599.17
Inventory	129.19	98.43	87.92	111.68	113.21
Prepaid Expenses	-	-	-	-	2.63
Other Current Assets	15.86	10.78	7.53	15.65	10.86
Total Current Assets	695.5	602.82	535.22	527.04	862.2
Property, Plant & Equipment	352.87	332.73	327.3	325.65	305.68
Long-Term Investments	2.69	23.87	37.31	17	14
Other Intangible Assets	108.93	136.46	116.89	120.65	122.55
Long-Term Deferred Tax Assets	5.72	7.38	3.35	2.69	1.88
Long-Term Deferred Charges	2.02	3.41	3.59	5.7	4.43
Other Long-Term Assets	3.85	1.12	13.55	1.43	6
Total Assets	1,172	1,108	1,037	1,000	1,317
Accounts Payable	175.12	171.86	135.91	136.6	117.91
Accrued Expenses	13.52	13.37	16.77	17.07	12.02
Short-Term Debt	50.03	57.36	56.79	65.75	458
Current Portion of Long-Term Debt	11.81	-	-	-	-
Current Portion of Leases	-	8.92	8.51	5.63	5.35
Current Income Taxes Payable	9.95	5.99	5.08	3.52	2.18
Current Unearned Revenue	1.01	7.67	2.95	0.85	0.93
Other Current Liabilities	30.73	11.8	8.58	11.45	10.56
Total Current Liabilities	292.17	276.96	234.58	240.87	606.95
Long-Term Leases	18.62	19.36	15.48	10.72	3.53
Long-Term Unearned Revenue	13.87	14.94	15.21	16.29	17.36
Long-Term Deferred Tax Liabilities	0.17	0.42	0.54	0.6	0.52
Other Long-Term Liabilities	-	0.34	-	-	-
Total Liabilities	324.82	312.01	265.81	268.47	628.36
Common Stock	200	200	200	200	200
Additional Paid-In Capital	134.75	134.75	134.75	134.75	135.25
Retained Earnings	513.9	469.99	435.69	394.99	359.6
Comprehensive Income & Other	0.6	-6.47	-3.14	-2.29	-6.47
Total Common Equity	849.25	798.27	767.3	727.45	688.38
Minority Interest	-2.49	-2.49	4.09	4.25	-
Shareholders' Equity	846.76	795.78	771.39	731.69	688.38
Total Liabilities & Equity	1,172	1,108	1,037	1,000	1,317
Total Debt	80.46	85.63	80.77	82.1	466.89
Net Cash (Debt)	77.45	76.88	82.93	53.78	-330.55
Net Cash Growth	0.74%	-7.30%	54.20%	-	-
Net Cash Per Share	0.39	0.39	0.42	0.28	-1.61
Filing Date Shares Outstanding	183.72	200	200	200	200
Total Common Shares Outstanding	183.72	200	200	200	200
Working Capital	403.33	325.86	300.63	286.18	255.25
Book Value Per Share	4.62	3.99	3.84	3.64	3.44
Tangible Book Value	740.32	661.81	650.4	606.8	565.83
Tangible Book Value Per Share	4.03	3.31	3.25	3.03	2.83
Buildings	-	289.25	289.04	288.15	234.54
Machinery	-	166.05	154.17	143.22	125.63
Construction In Progress	-	13.14	3.79	1.05	43.66

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