SHA:603119 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	474.1	583.83	1,023	67.18	59.9
Trading Asset Securities	434.98	220.19	-	-	-
Cash & Short-Term Investments	909.08	804.02	1,023	67.18	59.9
Cash Growth	13.07%	-21.38%	1422.35%	12.15%	97.36%
Accounts Receivable	410.55	292.74	250.13	259.45	176
Other Receivables	2.66	3.68	3.8	1.21	10.52
Receivables	413.21	296.42	253.93	260.66	186.52
Inventory	378.37	251.11	170.95	165.2	118.42
Other Current Assets	50.19	69.49	5.58	16.29	15.16
Total Current Assets	1,751	1,421	1,453	509.33	380
Property, Plant & Equipment	648.5	496.55	424.31	416.78	327.58
Long-Term Investments	304.89	-	-	-	-
Goodwill	149.13	-	-	-	-
Other Intangible Assets	82.25	64.65	59.33	60.54	62.07
Long-Term Deferred Tax Assets	16.6	14.58	8.13	7.84	5.32
Long-Term Deferred Charges	17.67	10.78	5.83	5.48	3.29
Other Long-Term Assets	277.57	205.41	4.14	1.99	3.31
Total Assets	3,247	2,213	1,955	1,002	781.57
Accounts Payable	315.35	270.66	182.67	204.55	163.52
Accrued Expenses	33.13	28.11	26.07	20.66	21.41
Short-Term Debt	534.49	-	19.82	128.28	113.52
Current Portion of Long-Term Debt	8.13	-	-	25.28	7.64
Current Portion of Leases	-	4.01	2.08	2.05	0.65
Current Income Taxes Payable	19.5	5.96	7.42	5.49	9.86
Current Unearned Revenue	46.74	18.12	10.1	4.31	8.51
Other Current Liabilities	99.78	1.12	6.26	15.09	17.37
Total Current Liabilities	1,057	327.99	254.42	405.71	342.48
Long-Term Debt	-	-	-	25.02	24.22
Long-Term Leases	24.27	21.06	19.6	22.36	1.28
Long-Term Unearned Revenue	31.43	33.04	19.41	16.47	15.86
Long-Term Deferred Tax Liabilities	2.74	0.03	0.01	0.01	0.02
Other Long-Term Liabilities	0.15	-	-	-	-
Total Liabilities	1,116	382.11	293.43	469.58	383.87
Common Stock	363.74	363.74	280	210	210
Additional Paid-In Capital	943.86	913.14	995.8	94.66	93.64
Retained Earnings	784.46	576.81	385.64	227.84	94.07
Treasury Stock	-55.54	-22.52	-	-	-
Comprehensive Income & Other	0.08	-0.28	0	-0.12	-
Total Common Equity	2,037	1,831	1,661	532.38	397.7
Minority Interest	95.15	-	-	-	-
Shareholders' Equity	2,132	1,831	1,661	532.38	397.7
Total Liabilities & Equity	3,247	2,213	1,955	1,002	781.57
Total Debt	566.89	25.07	41.49	203	147.32
Net Cash (Debt)	342.19	778.94	981.18	-135.82	-87.42
Net Cash Growth	-56.07%	-20.61%	-	-	-
Net Cash Per Share	0.95	2.13	3.03	-0.50	-0.33
Filing Date Shares Outstanding	357.24	362.81	364	273	273
Total Common Shares Outstanding	357.24	362.81	364	273	273
Working Capital	693.74	1,093	1,199	103.62	37.52
Book Value Per Share	5.70	5.05	4.56	1.95	1.46
Tangible Book Value	1,805	1,766	1,602	471.83	335.63
Tangible Book Value Per Share	5.05	4.87	4.40	1.73	1.23
Buildings	-	275	270.68	247.56	132.75
Machinery	-	288.81	236.54	203.6	159.47
Construction In Progress	-	59.18	8.04	21.38	87.92

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.