SHA:603119 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	310.07	474.1	583.83	1,023	67.18	59.9
Short-Term Investments	-	-	50	-	-	-
Trading Asset Securities	305.2	434.98	220.19	-	-	-
Cash & Short-Term Investments	615.28	909.08	854.02	1,023	67.18	59.9
Cash Growth	-32.73%	6.45%	-16.49%	1422.35%	12.15%	97.36%
Accounts Receivable	511.48	410.55	292.74	250.13	259.45	176
Other Receivables	4.62	2.66	3.68	3.8	1.21	10.52
Receivables	516.1	413.21	296.42	253.93	260.66	186.52
Inventory	460.1	378.37	251.11	170.95	165.2	118.42
Other Current Assets	423.85	50.19	19.49	5.58	16.29	15.16
Total Current Assets	2,015	1,751	1,421	1,453	509.33	380
Property, Plant & Equipment	701.51	648.5	496.55	424.31	416.78	327.58
Long-Term Investments	400.16	513.81	200	-	-	-
Goodwill	149.01	149.13	-	-	-	-
Other Intangible Assets	131.34	82.25	64.65	59.33	60.54	62.07
Long-Term Deferred Tax Assets	21.89	16.6	14.58	8.13	7.84	5.32
Long-Term Deferred Charges	19.58	17.67	10.78	5.83	5.48	3.29
Other Long-Term Assets	79.93	68.65	5.41	4.14	1.99	3.31
Total Assets	3,519	3,247	2,213	1,955	1,002	781.57

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	451.12	315.35	270.66	182.67	204.55	163.52
Accrued Expenses	30.22	96.19	28.11	26.07	20.66	21.41
Short-Term Debt	486.85	534.49	-	19.82	128.28	113.52
Current Portion of Long-Term Debt	7.63	-	-	-	25.28	7.64
Current Portion of Leases	-	8.08	4.01	2.08	2.05	0.65
Current Income Taxes Payable	30.9	11.43	5.96	7.42	5.49	9.86
Current Unearned Revenue	65.91	50.31	18.12	10.1	4.31	8.51
Other Current Liabilities	90.68	41.26	1.12	6.26	15.09	17.37
Total Current Liabilities	1,163	1,057	327.99	254.42	405.71	342.48
Long-Term Debt	-	-	-	-	25.02	24.22
Long-Term Leases	19.32	24.27	21.06	19.6	22.36	1.28
Long-Term Unearned Revenue	33.94	31.43	33.04	19.41	16.47	15.86
Long-Term Deferred Tax Liabilities	1.92	2.74	0.03	0.01	0.01	0.02
Other Long-Term Liabilities	0.12	0.15	-	-	-	-
Total Liabilities	1,219	1,116	382.11	293.43	469.58	383.87

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	472.86	363.74	363.74	280	210	210
Additional Paid-In Capital	847.85	943.86	913.14	995.8	94.66	93.64
Retained Earnings	945.81	784.46	576.81	385.64	227.84	94.07
Treasury Stock	-55.43	-55.54	-22.52	-	-	-
Comprehensive Income & Other	-17.09	0.08	-0.28	0	-0.12	-
Total Common Equity	2,194	2,037	1,831	1,661	532.38	397.7
Minority Interest	106.16	95.15	-	-	-	-
Shareholders' Equity	2,300	2,132	1,831	1,661	532.38	397.7
Total Liabilities & Equity	3,519	3,247	2,213	1,955	1,002	781.57

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	513.79	566.84	25.07	41.49	203	147.32
Net Cash (Debt)	101.49	342.24	828.94	981.18	-135.82	-87.42
Net Cash Growth	-62.28%	-58.71%	-15.52%	-	-	-
Net Cash Per Share	0.22	0.73	1.74	2.33	-0.38	-0.25
Filing Date Shares Outstanding	475.07	471.55	471.65	473.2	354.9	354.9
Total Common Shares Outstanding	475.07	471.55	471.65	473.2	354.9	354.9
Working Capital	852.02	693.74	1,093	1,199	103.62	37.52
Book Value Per Share	4.62	4.32	3.88	3.51	1.50	1.12
Tangible Book Value	1,914	1,805	1,766	1,602	471.83	335.63
Tangible Book Value Per Share	4.03	3.83	3.74	3.39	1.33	0.95
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