SHA:603136 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	362.23	668.74	644.21	555.93	366.8	402.51
Cash & Short-Term Investments	653.89	668.74	644.21	555.93	366.8	402.51
Cash Growth	3.55%	3.81%	15.88%	51.56%	-8.87%	-26.22%
Accounts Receivable	20.93	21.67	23.79	27.19	8.17	7.39
Other Receivables	2.2	2.12	3.45	2.28	1.68	1.45
Receivables	23.13	23.79	27.24	29.47	9.86	8.84
Inventory	8.5	6.6	6.37	4.8	5.01	6.48
Prepaid Expenses	-	0.02	0.39	0.33	0.25	0.43
Other Current Assets	21.24	9.09	10.87	6.46	8.72	11.93
Total Current Assets	706.76	708.24	689.09	597	390.64	430.18
Property, Plant & Equipment	821.74	836.3	903.94	949.81	986.1	989.53
Long-Term Investments	15.1	15.1	35.33	32.68	25.46	18.48
Other Intangible Assets	92.14	92.85	97.01	101.28	105.43	109.53
Long-Term Deferred Tax Assets	16.02	16.01	18.18	20.29	22.02	6.72
Long-Term Deferred Charges	4.79	5.83	3.03	3.51	3.91	3.45
Other Long-Term Assets	31.92	33.42	35.07	35.67	41.46	44.22
Total Assets	1,688	1,708	1,782	1,740	1,575	1,602
Accounts Payable	29.85	33.32	36.83	40.71	44.25	78.07
Accrued Expenses	4.73	15.83	18.24	26.36	19.91	16.86
Short-Term Debt	35	35	115	50	80	80
Current Portion of Leases	7.13	7	8.44	9	11.36	7.37
Current Income Taxes Payable	15.72	21.6	30.38	45.04	5.98	17.74
Current Unearned Revenue	12.04	17.03	18.85	22.37	22.45	38.67
Other Current Liabilities	6.36	6.1	8.21	9.4	8.19	8.88
Total Current Liabilities	110.83	135.89	235.95	202.87	192.13	247.58
Long-Term Leases	44.68	46.19	53.19	59.63	65.79	71.67
Long-Term Unearned Revenue	7.51	8.05	10.22	12.39	14.34	9.44
Long-Term Deferred Tax Liabilities	11.99	12.34	13.76	15.86	16.63	3.37
Other Long-Term Liabilities	1.1	1.1	1.1	1.1	1.1	1.1
Total Liabilities	176.11	203.57	314.22	291.85	289.99	333.16
Common Stock	270.13	270.13	270.13	186.29	186.29	186.29
Additional Paid-In Capital	459.26	459.26	459.26	543.1	543.1	543.1
Retained Earnings	644.59	634.13	602.29	597.48	450.48	430.17
Comprehensive Income & Other	7.58	7.58	7.64	5.65	7.83	10.11
Total Common Equity	1,382	1,371	1,339	1,333	1,188	1,170
Minority Interest	130.79	133.08	128.12	115.87	97.34	99.28
Shareholders' Equity	1,512	1,504	1,467	1,448	1,285	1,269
Total Liabilities & Equity	1,688	1,708	1,782	1,740	1,575	1,602
Total Debt	86.81	88.19	176.63	118.63	157.14	159.04
Net Cash (Debt)	567.08	580.55	467.58	437.3	209.65	243.47
Net Cash Growth	28.55%	24.16%	6.92%	108.58%	-13.89%	30.39%
Net Cash Per Share	2.11	2.13	1.74	1.61	0.78	0.91
Filing Date Shares Outstanding	270.13	270.13	270.13	270.13	270.13	270.13
Total Common Shares Outstanding	270.13	270.13	270.13	270.13	270.13	270.13
Working Capital	595.93	572.35	453.14	394.13	198.51	182.6
Book Value Per Share	5.11	5.08	4.96	4.93	4.40	4.33
Tangible Book Value	1,289	1,278	1,242	1,231	1,082	1,060
Tangible Book Value Per Share	4.77	4.73	4.60	4.56	4.01	3.92
Buildings	-	1,420	1,405	1,370	1,311	1,218
Machinery	-	487.24	483.62	443.2	471.56	468.8
Construction In Progress	-	15.92	12.05	4.67	15.4	1.87

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