SHA:603070 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	346.96	661.38	790.13	1,041	747.6	255.96
Trading Asset Securities	279.12	120	-	-	-	0.24
Cash & Short-Term Investments	626.08	781.38	790.13	1,041	747.6	256.19
Cash Growth	45.51%	-1.11%	-24.10%	39.24%	191.81%	-28.05%
Accounts Receivable	1,118	1,081	1,104	1,255	1,243	1,073
Other Receivables	4.09	4.38	2.8	3.34	3.97	4.09
Receivables	1,122	1,085	1,107	1,259	1,247	1,077
Inventory	193.58	190.99	201.69	236.78	229.57	274.97
Other Current Assets	49.15	84.06	75.98	61.62	59.99	91.41
Total Current Assets	1,991	2,142	2,175	2,598	2,285	1,700
Property, Plant & Equipment	673.39	689.94	709.05	649.13	556.9	457.26
Long-Term Investments	1.64	1.64	1.64	3.42	-	-
Other Intangible Assets	71.13	71.96	74.28	77.26	81.22	80.28
Long-Term Deferred Tax Assets	10.91	10.14	9.82	9.48	8.3	8.1
Long-Term Deferred Charges	0.24	0.25	-	-	1.02	1.31
Other Long-Term Assets	236.41	235.01	42.7	0.41	5.35	4.17
Total Assets	2,985	3,151	3,012	3,338	2,937	2,251
Accounts Payable	631.76	696.57	568.17	662.97	436.67	427.66
Accrued Expenses	39.89	51.62	93.76	108.25	87.4	84.8
Short-Term Debt	98	167	182.2	228.42	275.23	203.21
Current Portion of Long-Term Debt	0.56	1.13	-	56.04	10.21	0.6
Current Portion of Leases	-	-	0.44	0.8	1.78	1.52
Current Income Taxes Payable	13.47	11.57	4.67	10.15	14	12.4
Current Unearned Revenue	8.59	9.01	10.91	16.43	11.01	11.2
Other Current Liabilities	6.17	6.96	7.25	17.44	39.98	21.8
Total Current Liabilities	798.44	943.87	867.4	1,101	876.28	763.18
Long-Term Debt	-	-	-	138.6	105.82	183.21
Long-Term Leases	-	-	0.11	0.34	1.08	0.94
Long-Term Unearned Revenue	13.78	14.54	13.42	3.67	1.36	1.63
Long-Term Deferred Tax Liabilities	0	-	-	-	-	0.06
Total Liabilities	812.23	958.41	880.93	1,243	984.54	949.03
Common Stock	401	401	401	401	401	341
Additional Paid-In Capital	862.62	862.62	863.38	863.38	863.38	420.64
Retained Earnings	899.36	918.47	861.39	826.06	682.83	537.86
Comprehensive Income & Other	-0.19	-0.14	0.02	0.02	0.02	0
Total Common Equity	2,163	2,182	2,126	2,090	1,947	1,300
Minority Interest	9.75	10.41	5.34	4.15	5.64	2.3
Shareholders' Equity	2,173	2,192	2,131	2,095	1,953	1,302
Total Liabilities & Equity	2,985	3,151	3,012	3,338	2,937	2,251
Total Debt	98.56	168.13	182.74	424.21	394.13	389.48
Net Cash (Debt)	527.52	613.25	607.39	616.75	353.47	-133.29
Net Cash Growth	74.24%	0.97%	-1.52%	74.48%	-	-
Net Cash Per Share	1.32	1.53	1.51	1.54	0.91	-0.39
Filing Date Shares Outstanding	401	401.16	401	401	401	401
Total Common Shares Outstanding	401	401.16	401	401	401	341
Working Capital	1,193	1,198	1,307	1,498	1,408	936.54
Book Value Per Share	5.39	5.44	5.30	5.21	4.86	3.81
Tangible Book Value	2,092	2,110	2,052	2,013	1,866	1,219
Tangible Book Value Per Share	5.22	5.26	5.12	5.02	4.65	3.58
Buildings	-	-	611.64	490.84	349.35	345.4
Machinery	-	-	504.21	421.29	344.89	309.38
Construction In Progress	-	-	10.49	104.12	190.48	88.59

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