SHA:603119 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	425.67	474.1	583.83	1,023	67.18	59.9
Short-Term Investments	-	-	50	-	-	-
Trading Asset Securities	381.74	434.98	220.19	-	-	-
Cash & Short-Term Investments	807.41	909.08	854.02	1,023	67.18	59.9
Cash Growth	-2.65%	6.45%	-16.49%	1422.35%	12.15%	97.36%
Accounts Receivable	382.05	410.55	292.74	250.13	259.45	176
Other Receivables	3.06	2.66	3.68	3.8	1.21	10.52
Receivables	385.11	413.21	296.42	253.93	260.66	186.52
Inventory	449.27	378.37	251.11	170.95	165.2	118.42
Other Current Assets	210.25	50.19	19.49	5.58	16.29	15.16
Total Current Assets	1,852	1,751	1,421	1,453	509.33	380
Property, Plant & Equipment	653.64	648.5	496.55	424.31	416.78	327.58
Long-Term Investments	307.75	513.81	200	-	-	-
Goodwill	149.03	149.13	-	-	-	-
Other Intangible Assets	81.33	82.25	64.65	59.33	60.54	62.07
Long-Term Deferred Tax Assets	17.33	16.6	14.58	8.13	7.84	5.32
Long-Term Deferred Charges	19.16	17.67	10.78	5.83	5.48	3.29
Other Long-Term Assets	285.65	68.65	5.41	4.14	1.99	3.31
Total Assets	3,366	3,247	2,213	1,955	1,002	781.57
Accounts Payable	350.85	315.35	270.66	182.67	204.55	163.52
Accrued Expenses	23.4	96.19	28.11	26.07	20.66	21.41
Short-Term Debt	560.71	534.49	-	19.82	128.28	113.52
Current Portion of Long-Term Debt	7.2	-	-	-	25.28	7.64
Current Portion of Leases	-	8.08	4.01	2.08	2.05	0.65
Current Income Taxes Payable	9.68	11.43	5.96	7.42	5.49	9.86
Current Unearned Revenue	51.84	50.31	18.12	10.1	4.31	8.51
Other Current Liabilities	100.23	41.26	1.12	6.26	15.09	17.37
Total Current Liabilities	1,104	1,057	327.99	254.42	405.71	342.48
Long-Term Debt	-	-	-	-	25.02	24.22
Long-Term Leases	22.14	24.27	21.06	19.6	22.36	1.28
Long-Term Unearned Revenue	30.91	31.43	33.04	19.41	16.47	15.86
Long-Term Deferred Tax Liabilities	2.64	2.74	0.03	0.01	0.01	0.02
Other Long-Term Liabilities	0.14	0.15	-	-	-	-
Total Liabilities	1,160	1,116	382.11	293.43	469.58	383.87
Common Stock	363.74	363.74	363.74	280	210	210
Additional Paid-In Capital	948.29	943.86	913.14	995.8	94.66	93.64
Retained Earnings	856.25	784.46	576.81	385.64	227.84	94.07
Treasury Stock	-55.48	-55.54	-22.52	-	-	-
Comprehensive Income & Other	-3.74	0.08	-0.28	0	-0.12	-
Total Common Equity	2,109	2,037	1,831	1,661	532.38	397.7
Minority Interest	97.11	95.15	-	-	-	-
Shareholders' Equity	2,206	2,132	1,831	1,661	532.38	397.7
Total Liabilities & Equity	3,366	3,247	2,213	1,955	1,002	781.57
Total Debt	590.05	566.84	25.07	41.49	203	147.32
Net Cash (Debt)	217.36	342.24	828.94	981.18	-135.82	-87.42
Net Cash Growth	-73.01%	-58.71%	-15.52%	-	-	-
Net Cash Per Share	0.61	0.95	2.27	3.03	-0.50	-0.33
Filing Date Shares Outstanding	358.96	362.73	362.81	364	273	273
Total Common Shares Outstanding	358.96	362.73	362.81	364	273	273
Working Capital	748.11	693.74	1,093	1,199	103.62	37.52
Book Value Per Share	5.88	5.61	5.05	4.56	1.95	1.46
Tangible Book Value	1,879	1,805	1,766	1,602	471.83	335.63
Tangible Book Value Per Share	5.23	4.98	4.87	4.40	1.73	1.23
Buildings	-	322.79	275	270.68	247.56	132.75
Machinery	-	415.39	288.81	236.54	203.6	159.47
Construction In Progress	-	88.42	59.18	8.04	21.38	87.92

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