SHA:603137 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	357.58	126.29	250.5	473.39	300.9	208.98
Trading Asset Securities	70.75	70.58	241.44	253.8	-	-
Cash & Short-Term Investments	428.33	196.87	491.94	727.19	300.9	208.98
Cash Growth	-2.85%	-59.98%	-32.35%	141.67%	43.98%	5.55%
Accounts Receivable	2,046	2,584	2,710	2,369	2,073	1,609
Other Receivables	8.47	7.02	10.28	14.84	11.92	13.76
Receivables	2,055	2,591	2,720	2,384	2,085	1,623
Inventory	51.58	33.09	91.89	75.51	85.82	78.95
Other Current Assets	63.51	70.25	52.91	35.06	15.59	27.68
Total Current Assets	2,598	2,891	3,357	3,221	2,487	1,939
Property, Plant & Equipment	138.79	143.38	152	158.58	163.57	171.83
Long-Term Investments	0.99	1	-	-	-	-
Other Intangible Assets	35.48	35.66	36.59	37.51	38.44	39.37
Long-Term Deferred Tax Assets	47.63	52.84	38.83	33.08	29.83	25.63
Long-Term Deferred Charges	4.23	3.14	3.24	2.23	1.64	-
Other Long-Term Assets	-	0.02	0.14	0.18	-	0.96
Total Assets	2,825	3,127	3,587	3,453	2,720	2,177
Accounts Payable	854.32	1,085	1,700	1,649	1,304	1,231
Accrued Expenses	6.24	23.29	35.8	32.08	35.74	42.27
Short-Term Debt	664.59	589.5	472.92	386.84	235.49	340.46
Current Portion of Long-Term Debt	0.02	44.81	35.53	4.1	8.48	-
Current Portion of Leases	-	-	3.55	2.1	3.44	2.04
Current Income Taxes Payable	0.54	1.53	2.08	2.58	13.49	6
Current Unearned Revenue	50.42	25.62	44.7	82.6	139.53	65.56
Other Current Liabilities	4.15	189.71	32.22	38.82	38.2	41.31
Total Current Liabilities	1,580	1,959	2,327	2,198	1,779	1,729
Long-Term Debt	41.13	-	42.13	97.45	374.8	-
Long-Term Leases	-	-	-	5.84	6.33	6.95
Long-Term Deferred Tax Liabilities	0.57	0.55	0.7	1.83	-	-
Other Long-Term Liabilities	6.61	6.61	7.03	7.02	5.05	3.38
Total Liabilities	1,629	1,966	2,377	2,310	2,165	1,739
Common Stock	182.93	182.93	182.93	130.67	98	98
Additional Paid-In Capital	583.6	583.6	583.6	635.87	207.96	207.96
Retained Earnings	430.33	394.13	443.78	376.56	249.52	131.66
Shareholders' Equity	1,197	1,161	1,210	1,143	555.48	437.62
Total Liabilities & Equity	2,825	3,127	3,587	3,453	2,720	2,177
Total Debt	705.73	634.31	554.13	496.33	628.55	349.44
Net Cash (Debt)	-277.4	-437.44	-62.19	230.86	-327.65	-140.46
Net Cash Per Share	-1.51	-2.37	-0.34	1.38	-2.38	-1.02
Filing Date Shares Outstanding	181.03	194.21	182.93	182.93	182.93	137.2
Total Common Shares Outstanding	181.03	194.21	182.93	182.93	137.2	137.2
Working Capital	1,018	931.77	1,029	1,024	708.18	210.17
Book Value Per Share	6.61	5.98	6.62	6.25	4.05	3.19
Tangible Book Value	1,161	1,125	1,174	1,106	517.04	398.25
Tangible Book Value Per Share	6.42	5.79	6.42	6.04	3.77	2.90
Buildings	-	-	159.85	148.23	148.23	147.87
Machinery	-	-	89.32	84.72	78.45	73.62
Construction In Progress	-	-	-	4.03	-	-

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