SHA:603135 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	1,112	923.44	1,149	1,563	504.37	597.13
Trading Asset Securities	913.35	934.41	618.6	405.21	-	8.15
Cash & Short-Term Investments	2,026	1,858	1,768	1,968	504.37	605.28
Cash Growth	15.33%	5.10%	-10.19%	290.25%	-16.67%	70.51%
Accounts Receivable	481.36	613.06	933.4	782.79	926.06	871.68
Other Receivables	2.6	2.39	2.74	5.69	9.01	12.64
Receivables	483.96	615.45	936.14	788.48	935.07	884.32
Inventory	340.26	305.61	281.87	232.13	354.69	425.15
Prepaid Expenses	-	-	-	-	-	0.15
Other Current Assets	377.3	316.12	209.98	253.67	284.22	348.17
Total Current Assets	3,227	3,095	3,196	3,243	2,078	2,263
Property, Plant & Equipment	459.51	470.51	513.6	545.09	500.57	203.27
Other Intangible Assets	64.12	64.59	66.47	68.23	69.16	32.93
Long-Term Accounts Receivable	-	-	2.42	-	31.22	48.99
Long-Term Deferred Tax Assets	56.6	57.97	37.63	28.97	20.17	14.37
Other Long-Term Assets	68.65	70.53	1.73	1.33	33.59	63.82
Total Assets	3,876	3,759	3,818	3,886	2,733	2,626
Accounts Payable	235.97	214.61	334.86	337.5	520.33	363.64
Accrued Expenses	7.71	8.44	18.05	18.72	57.85	46.26
Short-Term Debt	-	-	11.02	-	-	-
Current Portion of Long-Term Debt	0.71	0.72	-	-	-	-
Current Portion of Leases	-	-	0.68	-	-	-
Current Income Taxes Payable	13.27	28.32	8.74	13.84	15.68	17.95
Current Unearned Revenue	512.4	458.18	312.92	217.9	487.16	796.03
Other Current Liabilities	123.49	90.82	79.52	220.05	163.95	197.59
Total Current Liabilities	893.56	801.09	765.79	808.01	1,245	1,421
Long-Term Leases	-	0.15	0.84	-	-	-
Long-Term Unearned Revenue	26.88	27.71	31.03	2.71	1.97	2.1
Other Long-Term Liabilities	0	-	3.91	-	-	-
Total Liabilities	920.44	828.95	801.57	810.72	1,247	1,424
Common Stock	634.26	629.54	629.54	450	360	360
Additional Paid-In Capital	1,793	1,795	1,795	1,974	566.76	566.76
Retained Earnings	573.18	554.67	617.92	651.34	559.34	276.1
Treasury Stock	-47.07	-50.06	-26	-	-	-
Comprehensive Income & Other	0.97	0.97	-	-	-	-
Total Common Equity	2,954	2,930	3,016	3,075	1,486	1,203
Minority Interest	1.24	-0.06	-	-	-	-
Shareholders' Equity	2,956	2,930	3,016	3,075	1,486	1,203
Total Liabilities & Equity	3,876	3,759	3,818	3,886	2,733	2,626
Total Debt	0.71	0.87	12.53	-	-	-
Net Cash (Debt)	2,025	1,857	1,755	1,968	504.37	605.28
Net Cash Growth	15.39%	5.80%	-10.82%	290.25%	-16.67%	78.03%
Net Cash Per Share	3.80	3.37	2.80	3.24	1.00	1.24
Filing Date Shares Outstanding	616.75	1,257	627.24	630	504	489.65
Total Common Shares Outstanding	616.75	1,257	627.24	630	504	489.65
Working Capital	2,334	2,294	2,430	2,435	833.37	841.59
Book Value Per Share	4.79	2.33	4.81	4.88	2.95	2.46
Tangible Book Value	2,890	2,865	2,950	3,007	1,417	1,170
Tangible Book Value Per Share	4.69	2.28	4.70	4.77	2.81	2.39
Buildings	-	-	339.67	336.12	157.93	157.89
Machinery	-	-	526.65	515.83	321.56	320.92
Construction In Progress	-	-	20.81	19.47	323.86	5.4
Order Backlog	-	-	1,800	-	-	29,550

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