SHA:603048 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	138.53	158.26	211.22	329.24	186.59
Trading Asset Securities	40.27	0.19	0.09	0.1	245.16
Cash & Short-Term Investments	178.8	158.45	211.31	329.34	431.75
Cash Growth	12.84%	-25.01%	-35.84%	-23.72%	620.95%
Accounts Receivable	272.94	273.56	329.6	192.35	264.98
Other Receivables	5.23	0.49	0.24	5.55	0.11
Receivables	278.16	274.06	329.84	197.9	265.08
Inventory	212.92	187.31	181.29	197.63	206.68
Other Current Assets	3.68	5.27	6.19	3.88	2.48
Total Current Assets	673.56	625.1	728.63	728.74	905.98
Property, Plant & Equipment	742.23	761.29	782.03	709.44	512.56
Long-Term Investments	91.79	84.79	69.97	62.01	4.84
Other Intangible Assets	94.37	94.5	93.87	96.19	98.56
Long-Term Deferred Tax Assets	15.08	14.89	12.72	12.62	3.64
Long-Term Deferred Charges	0.68	0.22	0.31	0.4	-
Other Long-Term Assets	1.79	14.5	7.83	12.84	12.78
Total Assets	1,620	1,595	1,695	1,622	1,538
Accounts Payable	190.23	184.06	191.4	85.35	130.9
Accrued Expenses	51.82	43.43	45.08	36.06	36.46
Short-Term Debt	57.03	40.03	83.08	153.17	46.56
Current Portion of Leases	1.31	0.89	0.67	0.57	0.13
Current Income Taxes Payable	0.56	0.8	0.43	-	1.31
Current Unearned Revenue	0.41	0.46	0.18	0.04	0.16
Other Current Liabilities	12.25	2.58	34.08	28.79	14.24
Total Current Liabilities	313.62	272.25	354.92	304	229.76
Long-Term Leases	2.52	1.42	0.99	1.3	0.06
Long-Term Unearned Revenue	16.01	17.97	19.96	15.11	4.24
Long-Term Deferred Tax Liabilities	22.76	22.35	19.7	15.89	9.11
Total Liabilities	354.91	313.98	395.57	336.3	243.17
Common Stock	146.88	146.88	146.88	146.88	146.88
Additional Paid-In Capital	808.52	808.52	808.52	808.52	808.52
Retained Earnings	317.45	337.41	345.48	330.62	339.83
Treasury Stock	-10	-10	-	-	-
Comprehensive Income & Other	0.04	0.06	0.05	0.07	-0.03
Total Common Equity	1,263	1,283	1,301	1,286	1,295
Minority Interest	1.72	-1.57	-1.15	-0.15	-
Shareholders' Equity	1,265	1,281	1,300	1,286	1,295
Total Liabilities & Equity	1,620	1,595	1,695	1,622	1,538
Total Debt	60.86	42.33	84.73	155.05	46.75
Net Cash (Debt)	117.93	116.12	126.58	174.29	385
Net Cash Growth	1.56%	-8.26%	-27.37%	-54.73%	-
Net Cash Per Share	0.79	0.78	0.86	1.17	3.42
Filing Date Shares Outstanding	146.07	146.07	146.88	146.88	146.88
Total Common Shares Outstanding	146.07	146.07	146.88	146.88	146.88
Working Capital	359.94	352.85	373.7	424.75	676.23
Book Value Per Share	8.65	8.78	8.86	8.76	8.82
Tangible Book Value	1,169	1,188	1,207	1,190	1,197
Tangible Book Value Per Share	8.00	8.14	8.22	8.10	8.15
Buildings	644.51	632.13	622.86	407.19	405.23
Machinery	517.69	484.89	434.37	377.97	306.59
Construction In Progress	42.29	41.97	55.4	202.45	33.99

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