SHA:603089 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	354.32	216.76	168.83	159.23	115.72	134.3
Trading Asset Securities	300.05	-	-	-	-	-
Cash & Short-Term Investments	654.37	216.76	168.83	159.23	115.72	134.3
Cash Growth	283.48%	28.39%	6.03%	37.60%	-13.84%	-14.81%
Accounts Receivable	868.94	960.65	795.16	477.07	381.97	453.86
Other Receivables	18.3	19.1	31.87	11.75	8.76	15.53
Receivables	887.24	979.75	827.03	488.83	390.73	469.39
Inventory	750.76	778.34	603.73	457.04	450.43	530.33
Other Current Assets	19.26	14.76	16.45	6.34	7.23	8.9
Total Current Assets	2,312	1,990	1,616	1,111	964.11	1,143
Property, Plant & Equipment	1,525	1,449	1,311	1,092	932.68	692.52
Long-Term Investments	4.93	14.6	12.08	9.51	6.71	7.57
Goodwill	181.38	181.38	181.38	181.38	181.38	181.38
Other Intangible Assets	264.29	247.2	278.5	284.35	272.3	148.11
Long-Term Deferred Tax Assets	11.59	6.72	8.32	3.93	0.38	4.17
Long-Term Deferred Charges	42.84	47	57.9	48.11	21.78	19.24
Other Long-Term Assets	53.27	45.61	28.91	23.3	16.58	21.65
Total Assets	4,395	3,981	3,494	2,754	2,396	2,218
Accounts Payable	842.11	843.71	699.65	438.53	366.48	546.95
Accrued Expenses	54.66	120.19	99.14	75.15	64.79	57.91
Short-Term Debt	681.43	633.42	481.05	355.5	277.34	181.69
Current Portion of Long-Term Debt	189.49	143.27	270.67	13.98	1.1	-
Current Portion of Leases	-	11.32	7.06	11.34	10.62	11.29
Current Income Taxes Payable	13.11	2.75	10.31	11.53	6.44	5.41
Current Unearned Revenue	16.12	22.52	12.98	13.77	18.01	17.51
Other Current Liabilities	32.91	61.52	58.59	50.19	74.81	1.23
Total Current Liabilities	1,830	1,839	1,639	969.99	819.58	822
Long-Term Debt	284.79	279.91	303.99	364.98	285.16	148.5
Long-Term Leases	31.7	34.52	3.82	9.28	11.72	19.04
Long-Term Unearned Revenue	159.18	155.09	131.31	93.78	18.95	18.53
Long-Term Deferred Tax Liabilities	13.22	13.15	10.58	8.46	6.91	0.78
Total Liabilities	2,319	2,321	2,089	1,446	1,142	1,009
Common Stock	275.72	240.03	223.73	223.72	222.5	222.5
Additional Paid-In Capital	940.97	531.73	384.68	384.12	371.49	371.47
Retained Earnings	668.18	686.06	603.31	531.85	495.23	446.85
Comprehensive Income & Other	2.74	10.62	19.97	17.85	17.29	9.02
Total Common Equity	1,888	1,468	1,232	1,158	1,106	1,050
Minority Interest	189.02	191.33	173.22	149.8	147.1	158.85
Shareholders' Equity	2,077	1,660	1,405	1,307	1,254	1,209
Total Liabilities & Equity	4,395	3,981	3,494	2,754	2,396	2,218
Total Debt	1,187	1,102	1,067	755.07	585.94	360.52
Net Cash (Debt)	-533.04	-885.68	-897.75	-595.85	-470.22	-226.22
Net Cash Per Share	-2.18	-3.78	-4.02	-2.63	-2.13	-1.01
Filing Date Shares Outstanding	255.45	240.03	223.73	223.72	222.5	222.5
Total Common Shares Outstanding	255.45	240.03	223.73	223.72	222.5	222.5
Working Capital	481.8	150.92	-23.4	141.44	144.53	320.92
Book Value Per Share	7.39	6.12	5.51	5.17	4.97	4.72
Tangible Book Value	1,442	1,040	771.82	691.81	652.83	720.36
Tangible Book Value Per Share	5.64	4.33	3.45	3.09	2.93	3.24
Buildings	-	756.31	803.72	633.76	552.51	349.24
Machinery	-	1,309	994.03	806.94	638.85	548.48
Construction In Progress	-	71.65	126.91	152.74	151.99	120.28

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