SHA:603029 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	320.62	349.96	380.46	404.64	375.69
Cash & Short-Term Investments	320.62	349.96	380.46	404.64	375.69
Cash Growth	-8.38%	-8.02%	-5.97%	7.71%	66.72%
Accounts Receivable	267.06	167.22	160.12	147.52	112.41
Other Receivables	72.73	49.14	52.49	28.92	40.83
Receivables	339.79	216.36	212.61	176.45	153.23
Inventory	1,134	1,072	1,147	811.17	334.72
Other Current Assets	35.64	47.19	57.45	73.03	100.19
Total Current Assets	1,830	1,686	1,798	1,465	963.84
Property, Plant & Equipment	389.6	383.79	259.01	258.07	235.46
Long-Term Investments	10	10	10	10	10
Other Intangible Assets	78.6	80.99	75.68	72.53	74.49
Long-Term Deferred Tax Assets	60.62	57.47	49.38	37	23.24
Long-Term Deferred Charges	0.12	0.2	0.67	1.32	1.81
Other Long-Term Assets	19.32	22.54	25.76	28.98	32.2
Total Assets	2,388	2,241	2,218	1,873	1,341
Accounts Payable	343.41	307.47	215.81	262.19	102.76
Accrued Expenses	52.29	59.32	52.48	66.85	28.4
Short-Term Debt	159.91	115.08	20.02	144.15	30.04
Current Portion of Long-Term Debt	-	-	9.91	-	-
Current Portion of Leases	0.81	7.76	7.01	6.35	6.05
Current Income Taxes Payable	1.53	4.46	11.76	10.07	3.31
Current Unearned Revenue	614.55	597.61	809	400.92	247.93
Other Current Liabilities	41.11	70.92	90.99	52.01	41.26
Total Current Liabilities	1,214	1,163	1,217	942.53	459.75
Long-Term Leases	0.7	0.05	7.34	13.63	19.98
Long-Term Unearned Revenue	172.44	159.23	142.99	113.56	112.35
Long-Term Deferred Tax Liabilities	8.53	3.33	3.47	4.9	-
Other Long-Term Liabilities	40.46	18.72	-	-	-
Total Liabilities	1,436	1,344	1,371	1,075	592.07
Common Stock	121.34	121.34	121.34	121.34	93.34
Additional Paid-In Capital	178.47	178.47	178.47	178.47	206.47
Retained Earnings	629.89	576.13	527.43	479.26	432.05
Comprehensive Income & Other	22.85	20.71	20.44	19.5	17.11
Total Common Equity	952.54	896.64	847.68	798.58	748.97
Minority Interest	-0.03	-0.03	-	-	-
Shareholders' Equity	952.51	896.61	847.68	798.58	748.97
Total Liabilities & Equity	2,388	2,241	2,218	1,873	1,341
Total Debt	161.41	122.9	44.28	164.12	56.07
Net Cash (Debt)	159.21	227.07	336.18	240.52	319.62
Net Cash Growth	-29.88%	-32.46%	39.77%	-24.75%	72.47%
Net Cash Per Share	1.32	1.87	2.78	1.97	2.65
Filing Date Shares Outstanding	121.34	121.34	121.34	121.34	121.34
Total Common Shares Outstanding	121.34	121.34	121.34	121.34	121.34
Working Capital	616.38	522.95	580.98	522.77	504.1
Book Value Per Share	7.85	7.39	6.99	6.58	6.17
Tangible Book Value	873.94	815.65	772	726.05	674.48
Tangible Book Value Per Share	7.20	6.72	6.36	5.98	5.56
Land	0.38	0.39	0.39	0.38	0.35
Buildings	232.43	229.46	192.66	192.67	192.33
Machinery	349.68	321.11	184.18	175.64	126.67
Construction In Progress	13.73	5.86	23.86	9.93	16.31

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