SHA:603097 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	179.91	206.61	137.76	124.98	212.08	53.31
Trading Asset Securities	16.48	99	35.96	64.24	-	-
Cash & Short-Term Investments	196.38	305.61	173.73	189.22	212.08	53.31
Cash Growth	33.55%	75.91%	-8.19%	-10.78%	297.83%	-39.63%
Accounts Receivable	1,379	1,495	1,023	930.31	563.62	401.58
Other Receivables	20.7	20.37	31.65	28.99	14.01	12.56
Receivables	1,400	1,515	1,054	959.3	577.64	414.14
Inventory	620.42	486.23	468.12	281.98	242.05	168
Prepaid Expenses	-	-	0	0.02	0.07	0.23
Other Current Assets	27.59	7.63	13.11	8.12	12.02	10.35
Total Current Assets	2,244	2,315	1,709	1,439	1,044	646.03
Property, Plant & Equipment	818.37	825.92	449.33	293.35	202.22	139.96
Other Intangible Assets	110.86	111.47	116.22	39.79	39.61	38.16
Long-Term Deferred Tax Assets	5.52	8.66	6.97	3.94	9.09	7.26
Long-Term Deferred Charges	1.94	2.5	1.14	0.33	-	-
Other Long-Term Assets	15.45	15.9	90.08	2.79	59.49	15.18
Total Assets	3,201	3,279	2,373	1,779	1,354	846.59
Accounts Payable	1,144	1,248	601.16	364.63	251.56	196.52
Accrued Expenses	63.49	75.71	87.84	99.11	60.06	51.59
Short-Term Debt	40.93	40.12	241.11	231.78	139.46	33.34
Current Portion of Long-Term Debt	19.63	7.46	48.98	8.99	-	-
Current Portion of Leases	-	-	3.5	2.8	1.1	-
Current Income Taxes Payable	13.87	22.93	3.99	7.07	0.17	3.78
Current Unearned Revenue	80.51	62.97	50.73	39.24	22.9	16.55
Other Current Liabilities	109.13	107.26	117.44	35.99	31.76	19.39
Total Current Liabilities	1,472	1,565	1,155	789.61	507.01	321.17
Long-Term Debt	565.39	554.19	170.24	40	-	15.65
Long-Term Leases	0.36	0.38	3.1	4.1	2.36	4.63
Long-Term Unearned Revenue	13.26	13.61	11.55	12.7	12.91	0.25
Other Long-Term Liabilities	0.31	0.31	-	-	-	-
Total Liabilities	2,051	2,133	1,340	846.41	522.27	341.71
Common Stock	165.16	165.15	160	160	160	120
Additional Paid-In Capital	377.66	373.3	299.66	299.66	299.66	71.81
Retained Earnings	599.22	599.09	561.41	469.8	372.32	313.07
Treasury Stock	-63.27	-63.27	-	-	-	-
Comprehensive Income & Other	58.95	58.98	-	-	-	-
Total Common Equity	1,138	1,133	1,021	929.46	831.99	504.88
Minority Interest	12.48	12.4	12.32	2.96	-	-
Shareholders' Equity	1,150	1,146	1,033	932.42	831.99	504.88
Total Liabilities & Equity	3,201	3,279	2,373	1,779	1,354	846.59
Total Debt	626.32	602.14	466.93	287.67	142.92	53.63
Net Cash (Debt)	-429.93	-296.53	-293.21	-98.45	69.16	-0.32
Net Cash Per Share	-2.65	-1.83	-1.82	-0.62	0.48	-0.00
Filing Date Shares Outstanding	163.06	165.15	164.44	160	160	120
Total Common Shares Outstanding	163.06	165.15	160	160	160	120
Working Capital	772.19	749.69	554.53	649.02	536.85	324.85
Book Value Per Share	6.98	6.86	6.38	5.81	5.20	4.21
Tangible Book Value	1,027	1,022	904.85	889.67	792.38	466.71
Tangible Book Value Per Share	6.30	6.19	5.66	5.56	4.95	3.89
Buildings	-	-	168.78	120.97	111.47	35.41
Machinery	-	-	214.3	171.27	9.87	69.63
Construction In Progress	-	-	140.33	49.49	43.76	68.19

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