SHA:603052 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	257.06	350.04	458.66	231.55	520.15	194.13
Trading Asset Securities	51.53	50.96	112.83	583.07	188.29	-
Cash & Short-Term Investments	308.59	401	571.49	814.63	708.44	194.13
Cash Growth	-44.45%	-29.83%	-29.85%	14.99%	264.93%	47.42%
Accounts Receivable	616.66	547.24	459.91	518.25	592.32	417.14
Other Receivables	0.78	0.11	0.63	0.43	0.53	0.59
Receivables	617.43	547.35	460.55	518.68	592.85	417.73
Inventory	82.03	59.42	54.05	37.54	46.34	55.46
Other Current Assets	39.84	42.78	28.9	3.44	2.21	0.77
Total Current Assets	1,048	1,051	1,115	1,374	1,350	668.09
Property, Plant & Equipment	562.46	566.89	369.59	156.91	112.52	106.41
Long-Term Investments	14.56	14.72	12.18	10.02	-	-
Other Intangible Assets	55.18	55.73	54.74	22.17	12.4	13.14
Long-Term Deferred Tax Assets	25.75	21.21	8.72	5.9	4.25	4.25
Long-Term Deferred Charges	2.24	2.52	3.66	3.15	3.79	-
Other Long-Term Assets	22.7	23.6	84.65	10.55	9.96	4.09
Total Assets	1,731	1,735	1,649	1,583	1,493	795.98
Accounts Payable	621.58	615.2	470.51	406.09	378.51	342.46
Accrued Expenses	23.58	17.64	16.32	14.49	13.53	14.35
Short-Term Debt	-	-	25	-	-	-
Current Portion of Long-Term Debt	-	0.59	-	-	-	-
Current Portion of Leases	-	-	1.31	2.98	2.24	0.89
Current Income Taxes Payable	-	3.58	2.2	3.05	3.26	4.8
Current Unearned Revenue	0.15	0.04	0.09	0.92	0.13	0.04
Other Current Liabilities	0.97	0.55	11.23	4.68	4.28	4.09
Total Current Liabilities	646.28	637.6	526.65	432.22	401.96	366.63
Long-Term Leases	0.28	0.38	0.98	0.38	1.72	1.21
Long-Term Unearned Revenue	27.44	28	9.6	0.89	1.19	1.51
Long-Term Deferred Tax Liabilities	0.01	0.01	0.02	0.58	0.63	-
Total Liabilities	674.01	665.98	537.25	434.06	405.5	369.35
Common Stock	187.9	187.9	134.85	96.32	68.8	51.6
Additional Paid-In Capital	498.27	498.27	551.32	589.84	617.36	106.6
Retained Earnings	451.3	462.89	480.29	462.04	401.11	268.43
Treasury Stock	-70.89	-70.89	-50.89	-	-	-
Comprehensive Income & Other	-1.36	-0.57	0.49	-	-	-
Total Common Equity	1,065	1,078	1,116	1,148	1,087	426.64
Minority Interest	-8.45	-8.35	-4.79	0.73	-	-
Shareholders' Equity	1,057	1,069	1,111	1,149	1,087	426.64
Total Liabilities & Equity	1,731	1,735	1,649	1,583	1,493	795.98
Total Debt	0.28	0.97	27.28	3.36	3.96	2.1
Net Cash (Debt)	308.31	400.04	544.21	811.27	704.49	192.04
Net Cash Growth	-41.68%	-26.49%	-32.92%	15.16%	266.85%	47.09%
Net Cash Per Share	1.54	2.03	2.93	4.32	4.60	1.36
Filing Date Shares Outstanding	193.15	213.24	186.38	188.79	188.79	141.59
Total Common Shares Outstanding	193.15	213.24	186.38	188.79	188.79	141.59
Working Capital	401.61	412.96	588.33	942.07	947.88	301.46
Book Value Per Share	5.52	5.05	5.99	6.08	5.76	3.01
Tangible Book Value	1,010	1,022	1,061	1,126	1,075	413.5
Tangible Book Value Per Share	5.23	4.79	5.69	5.96	5.69	2.92
Buildings	-	-	227.04	87.61	79.5	79.5
Machinery	-	-	133.75	96.19	77.08	72.23
Construction In Progress	-	-	82.01	34.85	7.33	1.54

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