SHA:603151 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	529.65	340.45	168.29	391.44	747.4	187.67
Cash & Short-Term Investments	549.65	340.45	168.29	391.44	747.4	187.67
Cash Growth	144.09%	102.30%	-57.01%	-47.63%	298.26%	-3.53%
Accounts Receivable	1,268	1,405	455.64	191.25	49.64	34.06
Other Receivables	22.48	20.54	5.46	3.73	1.87	2.69
Receivables	1,290	1,425	461.1	194.98	51.51	36.75
Inventory	530.91	491.32	274.7	182.48	185.17	100.9
Prepaid Expenses	-	0.37	0.74	0.73	0.03	-
Other Current Assets	129.7	79.94	62.43	34.81	23.32	16.87
Total Current Assets	2,500	2,337	967.26	804.45	1,007	342.19
Property, Plant & Equipment	948.79	956.74	718.43	554.19	306.55	144.4
Long-Term Investments	6.69	6.69	5.44	5.41	5.4	5.38
Goodwill	2.65	2.65	2.65	-	-	-
Other Intangible Assets	84.92	85.11	85.38	66.72	53.9	48.3
Long-Term Deferred Tax Assets	34.83	40.38	13.25	8.61	4.98	1.69
Long-Term Deferred Charges	5.5	3.5	1.25	0.02	0.1	0.34
Other Long-Term Assets	10.55	7.01	6.02	31.63	14.8	7.2
Total Assets	3,594	3,439	1,800	1,471	1,393	549.49
Accounts Payable	420.81	454.05	178.13	76.68	86.83	46.42
Accrued Expenses	11.09	44.1	34.54	29.66	9.05	26.61
Short-Term Debt	1,095	998.61	207.5	89.58	20.02	20.02
Current Portion of Long-Term Debt	-	0.03	-	-	-	-
Current Portion of Leases	-	12.53	1.83	2.35	3.83	1.48
Current Income Taxes Payable	27.71	27.11	8.02	5.85	10.18	8
Current Unearned Revenue	52.28	34.33	24.59	10.41	9.85	10.75
Other Current Liabilities	236.5	152.12	29.54	1.62	17.07	3.8
Total Current Liabilities	1,843	1,723	484.15	216.16	156.85	117.08
Long-Term Debt	105.75	25.8	-	-	-	-
Long-Term Leases	96.23	115	12	11.41	2.78	2.5
Long-Term Unearned Revenue	2.67	2.34	1.65	1.91	2.22	2.74
Long-Term Deferred Tax Liabilities	11.47	11.96	8.67	4.3	1.4	-
Other Long-Term Liabilities	43.31	44.16	12.08	-	-	-
Total Liabilities	2,103	1,922	518.56	233.77	163.25	122.33
Common Stock	171.11	170.99	168	168	168	126
Additional Paid-In Capital	769.93	767.36	717.03	715.04	715.04	74.12
Retained Earnings	442.52	438.48	361.61	345.08	345.2	224.76
Total Common Equity	1,384	1,377	1,247	1,228	1,228	424.88
Minority Interest	107.99	140.39	34.47	9.12	1.67	2.28
Shareholders' Equity	1,492	1,517	1,281	1,237	1,230	427.16
Total Liabilities & Equity	3,594	3,439	1,800	1,471	1,393	549.49
Total Debt	1,297	1,152	221.33	103.34	26.63	24.01
Net Cash (Debt)	-747.28	-811.51	-53.04	288.1	720.78	163.66
Net Cash Growth	-	-	-	-60.03%	340.41%	-6.22%
Net Cash Per Share	-4.38	-4.78	-0.32	1.71	5.42	1.30
Filing Date Shares Outstanding	171.11	170.99	168	168	168	126
Total Common Shares Outstanding	171.11	170.99	168	168	168	126
Working Capital	657.04	614.39	483.11	588.28	850.59	225.11
Book Value Per Share	8.09	8.05	7.42	7.31	7.31	3.37
Tangible Book Value	1,296	1,289	1,159	1,161	1,174	376.58
Tangible Book Value Per Share	7.57	7.54	6.90	6.91	6.99	2.99
Buildings	-	662.51	498.67	425.31	211.74	65.76
Machinery	-	361.66	279.69	185.69	98.78	65.53
Construction In Progress	-	5.61	105.7	4.17	42.1	49.11

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