SHA:603072 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	780.35	737.7	848.86	378.99	129.72	138.78
Cash & Short-Term Investments	780.35	737.7	848.86	378.99	129.72	138.78
Cash Growth	9.60%	-13.10%	123.98%	192.15%	-6.53%	9.81%
Accounts Receivable	769.4	823.97	655.34	678.75	593.39	645.87
Other Receivables	7.87	7.27	8.93	11.67	10.4	1.05
Receivables	777.26	831.24	664.28	690.42	603.8	646.92
Inventory	1,045	1,020	1,220	1,215	1,194	619.22
Other Current Assets	23.36	10.71	6.74	63.34	43.15	9.53
Total Current Assets	2,626	2,600	2,740	2,348	1,971	1,414
Property, Plant & Equipment	534	541.17	568.48	562.01	525.01	480.29
Long-Term Investments	2	2	2	2	2	2
Other Intangible Assets	61.53	61.08	35.48	36.1	37.47	36.88
Long-Term Deferred Tax Assets	34.96	36.73	24.53	20.65	20.04	10.44
Long-Term Deferred Charges	14	13.72	13.87	11.96	11.81	6.73
Other Long-Term Assets	9.38	3.47	2.52	12.44	15.44	7.87
Total Assets	3,282	3,258	3,387	2,993	2,583	1,959
Accounts Payable	465.72	444.24	227.93	631.05	393.35	665.98
Accrued Expenses	9.03	16.69	62.51	48.45	16.86	21.79
Short-Term Debt	330.53	333.14	250.52	300.13	358.45	172.69
Current Portion of Long-Term Debt	41.2	41.3	259.79	476.32	109.74	40.22
Current Portion of Leases	-	-	4.9	4.29	3.78	2.84
Current Income Taxes Payable	9.07	3.67	4.76	6.02	0.66	9.58
Current Unearned Revenue	67.58	103.68	297.18	160.06	61.63	49.52
Other Current Liabilities	10.09	8.9	73.76	41.87	8.93	19.81
Total Current Liabilities	933.23	951.62	1,181	1,668	953.4	982.4
Long-Term Debt	-	-	-	-	451.5	44.5
Long-Term Leases	16.77	17.82	18.82	23.85	47.38	35.64
Long-Term Unearned Revenue	98.96	103.61	123.18	103.44	104.01	96.81
Long-Term Deferred Tax Liabilities	2.9	3.1	3.32	4.05	4.01	-
Total Liabilities	1,052	1,076	1,327	1,800	1,560	1,159
Common Stock	264.28	264.28	264.28	198.21	198.21	198.21
Additional Paid-In Capital	923.42	923.42	923.42	258.75	256.68	256.32
Retained Earnings	1,042	994.06	872.54	736.46	567.65	344.81
Comprehensive Income & Other	0.06	0.13	-0.19	-0.08	-0.07	-0.05
Shareholders' Equity	2,230	2,182	2,060	1,193	1,022	799.29
Total Liabilities & Equity	3,282	3,258	3,387	2,993	2,583	1,959
Total Debt	388.5	392.26	534.03	804.58	970.84	295.88
Net Cash (Debt)	391.86	345.45	314.83	-425.59	-841.12	-157.1
Net Cash Growth	63.22%	9.73%	-	-	-	-
Net Cash Per Share	1.47	1.31	1.60	-2.14	-4.23	-0.79
Filing Date Shares Outstanding	265.96	258.03	264.28	198.21	198.96	198.67
Total Common Shares Outstanding	265.96	258.03	264.28	198.21	198.96	198.67
Working Capital	1,692	1,648	1,558	679.5	1,018	432.04
Book Value Per Share	8.38	8.46	7.79	6.02	5.14	4.02
Tangible Book Value	2,168	2,121	2,025	1,157	985	762.41
Tangible Book Value Per Share	8.15	8.22	7.66	5.84	4.95	3.84
Buildings	-	-	250.37	226.26	224.94	162.59
Machinery	-	-	584.62	534.95	466.96	347.31
Construction In Progress	-	-	37.02	50.34	34.63	152.03

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