SHA:603102 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	1,092	1,135	1,135	1,136	1,100	414.17
Cash & Short-Term Investments	1,092	1,135	1,135	1,136	1,100	414.17
Cash Growth	-2.50%	0.07%	-0.09%	3.27%	165.51%	7.66%
Accounts Receivable	135.13	122.06	83.59	54.05	47.05	34.63
Other Receivables	1.67	1.75	1.05	1.25	5.83	1.48
Receivables	136.79	123.8	84.63	55.3	52.88	36.12
Inventory	136.87	142.56	115.12	124.61	147.08	111.7
Other Current Assets	62.16	18.03	19.38	10.49	7.82	5.25
Total Current Assets	1,427	1,420	1,354	1,326	1,307	567.25
Property, Plant & Equipment	434.82	438.04	400.25	353.48	315.85	311.89
Goodwill	34.58	35.12	0.52	0.52	0.52	0.52
Other Intangible Assets	51.93	52.44	49.3	44.74	27.15	22.41
Long-Term Deferred Tax Assets	4.7	3.95	1.64	1.97	1.89	1.64
Long-Term Deferred Charges	1.25	1.32	0.83	-	-	-
Other Long-Term Assets	6.87	4.87	9.45	9.44	9.12	12.2
Total Assets	1,962	1,956	1,816	1,736	1,662	915.92
Accounts Payable	103.07	117.18	96.06	92.47	82.34	72.04
Accrued Expenses	12.91	17.01	17.18	18.87	18.49	14.95
Current Portion of Long-Term Debt	4.43	3.79	-	-	-	-
Current Portion of Leases	-	-	0.15	1.95	0.62	1.14
Current Income Taxes Payable	21.92	21.56	4.4	5.43	4.42	0.44
Current Unearned Revenue	51.01	56.48	42.25	45.35	68.72	41.41
Other Current Liabilities	23.67	24.25	33.04	39.53	42.49	48.47
Total Current Liabilities	217	240.26	193.08	203.6	217.09	178.45
Long-Term Leases	11.01	10.57	0.05	-	1.95	2.32
Long-Term Unearned Revenue	13.25	13.91	16.68	18.1	20.9	21.43
Other Long-Term Liabilities	4.75	4.75	-	-	-	-
Total Liabilities	246.02	269.48	209.81	221.7	239.93	202.2
Common Stock	64	64	64	64	64	48
Additional Paid-In Capital	654.95	654.95	654.95	654.95	654.95	68.46
Retained Earnings	1,036	1,008	925.84	833.77	703.1	597.26
Treasury Stock	-68.88	-68.88	-38.86	-38.25	-	-
Comprehensive Income & Other	-3.84	-2.2	-	-	-	-
Total Common Equity	1,683	1,655	1,606	1,514	1,422	713.72
Minority Interest	32.86	30.6	-	-	-	-
Shareholders' Equity	1,716	1,686	1,606	1,514	1,422	713.72
Total Liabilities & Equity	1,962	1,956	1,816	1,736	1,662	915.92
Total Debt	15.44	14.36	0.2	1.95	2.57	3.46
Net Cash (Debt)	1,076	1,121	1,134	1,134	1,097	410.71
Net Cash Growth	-3.22%	-1.18%	0.07%	3.33%	167.12%	6.76%
Net Cash Per Share	17.26	17.89	17.75	17.70	17.51	8.54
Filing Date Shares Outstanding	62.83	62.71	62.89	62.98	64	48
Total Common Shares Outstanding	62.83	62.71	62.98	63	64	48
Working Capital	1,210	1,180	1,161	1,122	1,090	388.8
Book Value Per Share	26.78	26.40	25.50	24.04	22.22	14.87
Tangible Book Value	1,596	1,568	1,556	1,469	1,394	690.79
Tangible Book Value Per Share	25.41	25.00	24.71	23.32	21.79	14.39
Buildings	-	-	252.67	228.89	207.62	204.83
Machinery	-	-	312.52	273.45	241.23	215.17
Construction In Progress	-	-	52.68	30.7	17.07	14.56

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