SHA:603088 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	299.45	192.97	270.73	274.14	87.54
Short-Term Investments	106.15	43.65	14.94	85	-
Trading Asset Securities	71.51	146.28	140.64	24.21	220.33
Cash & Short-Term Investments	477.11	382.89	426.31	383.35	307.87
Cash Growth	24.61%	-10.18%	11.21%	24.52%	35.32%
Accounts Receivable	385.92	291.07	265.2	257.78	233.28
Other Receivables	12.73	5.78	5.74	4.43	4.39
Receivables	398.65	296.85	270.94	262.21	237.67
Inventory	472.94	389.71	429.92	424.82	344.82
Other Current Assets	52.88	2.85	2.71	3.94	12.32
Total Current Assets	1,402	1,072	1,130	1,074	902.68
Property, Plant & Equipment	331.81	165.87	166.62	159.37	140.68
Long-Term Investments	50.66	51.65	40.15	10	10
Goodwill	45.59	-	-	-	-
Other Intangible Assets	103.29	65.53	67.52	65.98	68.59
Long-Term Deferred Tax Assets	19.04	16.83	14.48	11.15	11.15
Long-Term Deferred Charges	3.94	0.49	0.85	1.31	1.78
Other Long-Term Assets	14.26	13.76	12.11	19.95	20.3
Total Assets	1,970	1,386	1,432	1,342	1,155
Accounts Payable	257.92	185.45	209.27	192.37	135.1
Accrued Expenses	64.41	54.64	56.45	46.2	39.75
Short-Term Debt	-	-	2.84	15.34	46.85
Current Portion of Leases	0.72	0.14	0.1	0.57	0.54
Current Income Taxes Payable	8.66	13.63	11.09	10.45	6.39
Current Unearned Revenue	372.54	286.49	362.24	342.99	303.65
Other Current Liabilities	61.98	44.72	44.19	78.58	61.2
Total Current Liabilities	766.22	585.07	686.19	686.49	593.48
Long-Term Debt	0.81	-	-	-	-
Long-Term Leases	0.8	0.25	-	0.1	0.67
Long-Term Unearned Revenue	2.79	3	3.83	4	6.69
Long-Term Deferred Tax Liabilities	14.58	-	-	-	2.36
Other Long-Term Liabilities	19.08	7.77	5.39	3	-
Total Liabilities	804.28	596.08	695.41	693.59	603.21
Common Stock	502.39	437.87	437.9	438.03	307.33
Additional Paid-In Capital	337.72	42.7	40.48	31	63.4
Retained Earnings	292.94	299.81	262.16	199.29	173.36
Treasury Stock	-	-7.2	-15.81	-28.5	-
Comprehensive Income & Other	7.98	4.72	2.27	-0.01	-0.06
Total Common Equity	1,141	777.9	727	639.81	544.03
Minority Interest	24.84	12.48	9.2	8.68	7.94
Shareholders' Equity	1,166	790.37	736.2	648.49	551.97
Total Liabilities & Equity	1,970	1,386	1,432	1,342	1,155
Total Debt	2.32	0.4	2.95	16.01	48.06
Net Cash (Debt)	474.78	382.5	423.36	367.35	259.81
Net Cash Growth	24.13%	-9.65%	15.25%	41.39%	14.19%
Net Cash Per Share	0.99	0.88	0.96	0.85	0.61
Filing Date Shares Outstanding	502.39	437.87	437.9	401.93	430.26
Total Common Shares Outstanding	502.39	437.87	437.9	401.93	430.26
Working Capital	635.36	487.25	443.7	387.83	309.19
Book Value Per Share	2.27	1.78	1.66	1.59	1.26
Tangible Book Value	992.16	712.37	659.48	573.83	475.44
Tangible Book Value Per Share	1.97	1.63	1.51	1.43	1.10
Buildings	299.57	162.72	162.71	130.18	120.3
Machinery	498.58	245.78	218.96	211.64	198.77
Construction In Progress	4.15	2.31	13.86	17.94	7.25

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.