SHA:603131 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	116.29	439.68	548.27	603.39	459	382.83
Short-Term Investments	-	-	-	85.31	-	70.09
Trading Asset Securities	935.93	648.45	556.2	180.88	412.74	280
Cash & Short-Term Investments	1,052	1,088	1,104	869.57	871.74	732.92
Cash Growth	-2.41%	-1.48%	27.01%	-0.25%	18.94%	-16.49%
Accounts Receivable	273.22	289.89	357.14	450.47	459.03	485.9
Other Receivables	5.3	16.75	13.47	12.53	12.12	29.14
Receivables	278.51	306.64	370.61	462.99	471.15	515.04
Inventory	302.41	252.72	282.19	335.96	340.37	346.17
Other Current Assets	62.93	31.77	5.37	5.02	6.81	10.93
Total Current Assets	1,696	1,679	1,763	1,674	1,690	1,605
Property, Plant & Equipment	315.86	324.66	342.54	375.15	409.4	440.58
Long-Term Investments	1.23	25.13	41.56	48.92	49.54	40.44
Goodwill	-	-	-	-	97.42	250.98
Other Intangible Assets	59.08	59.35	59.17	61.69	64.14	67.67
Long-Term Deferred Tax Assets	12.71	17.1	19.33	7.36	5.74	14.11
Long-Term Deferred Charges	4.07	4.67	2.98	1.85	2.52	1.23
Other Long-Term Assets	0.09	0.4	0.82	0.73	1.66	1.68
Total Assets	2,089	2,111	2,229	2,169	2,320	2,422
Accounts Payable	315.16	323.08	353.48	328.94	325	353.02
Accrued Expenses	16.91	46.79	47.36	60.61	65.35	57.07
Short-Term Debt	-	-	50.03	-	100	35.07
Current Portion of Long-Term Debt	3.39	199.96	4.34	3.61	9.17	7.68
Current Portion of Leases	-	7.62	7.26	13.19	8.34	9.25
Current Income Taxes Payable	21.61	9.21	6.56	1.2	7.41	11.74
Current Unearned Revenue	44.61	39.42	68.26	81.2	68.61	74
Other Current Liabilities	14.5	16.54	14.32	25.66	21.94	23.11
Total Current Liabilities	416.19	642.62	551.6	514.42	605.81	570.94
Long-Term Debt	-	-	434.3	423.88	424.01	416.57
Long-Term Leases	8.21	9.51	9.43	12.99	19.82	22.84
Long-Term Unearned Revenue	3.91	4.11	2.38	3.1	2.78	3.36
Pension & Post-Retirement Benefits	0.02	0.01	-	-	-	-
Long-Term Deferred Tax Liabilities	2.33	2.24	2.38	2.37	2.69	2.9
Total Liabilities	430.66	658.49	1,000	956.76	1,055	1,017
Common Stock	336.91	328.5	317.99	317.99	317.98	317.98
Additional Paid-In Capital	928.75	735.28	492.52	492.58	494.46	493.61
Retained Earnings	379.54	367.77	389.78	377.22	431.47	564.39
Comprehensive Income & Other	5.96	13.48	23.79	22.55	21.48	20.94
Total Common Equity	1,651	1,445	1,224	1,210	1,265	1,397
Minority Interest	7.29	7.06	4.88	2.14	-0.01	8.19
Shareholders' Equity	1,658	1,452	1,229	1,212	1,265	1,405
Total Liabilities & Equity	2,089	2,111	2,229	2,169	2,320	2,422
Total Debt	11.61	217.09	505.36	453.67	561.33	491.41
Net Cash (Debt)	1,041	871.03	599.11	415.9	310.4	241.5
Net Cash Growth	82.36%	45.39%	44.05%	33.99%	28.53%	-38.87%
Net Cash Per Share	3.40	2.87	1.91	1.30	0.98	0.75
Filing Date Shares Outstanding	336.91	328.5	317.99	317.99	317.98	317.98
Total Common Shares Outstanding	336.91	328.5	317.99	317.99	317.98	317.98
Working Capital	1,280	1,037	1,211	1,159	1,084	1,034
Book Value Per Share	4.90	4.40	3.85	3.81	3.98	4.39
Tangible Book Value	1,592	1,386	1,165	1,149	1,104	1,078
Tangible Book Value Per Share	4.73	4.22	3.66	3.61	3.47	3.39
Buildings	-	288.68	288.6	288.54	264.88	264.88
Machinery	-	285.24	285.02	284.78	281.1	263.09
Construction In Progress	-	4.34	3.63	3.29	27.15	38.15

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