SHA:603163 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	1,086	778.12	576.96	723.99	551.54	155.18
Trading Asset Securities	-	-	50.03	-	122.12	0.22
Cash & Short-Term Investments	1,086	778.12	626.99	723.99	673.66	155.4
Cash Growth	68.25%	24.10%	-13.40%	7.47%	333.51%	-30.00%
Accounts Receivable	872.25	1,219	958.04	868.52	895.26	768.35
Other Receivables	15.21	1.83	0.37	0.35	-0.1	17.56
Receivables	887.46	1,220	958.4	868.87	895.16	785.91
Inventory	2.31	7	3.59	-	0.07	5.17
Prepaid Expenses	-	3.09	4.17	16.76	5.94	1.13
Other Current Assets	235.12	221.17	235.86	181.41	115.17	104.74
Total Current Assets	2,211	2,230	1,829	1,791	1,690	1,052
Property, Plant & Equipment	60.95	63.95	63.57	55.84	44.77	42.75
Long-Term Investments	14.76	16.94	15.29	2.33	2.31	2.28
Other Intangible Assets	7.37	7.47	7.69	7.24	7.43	7.41
Long-Term Deferred Tax Assets	15.72	18.99	12.76	12.48	14.58	13.38
Other Long-Term Assets	28.25	22.86	24.19	35.44	18.06	41.54
Total Assets	2,338	2,360	1,953	1,904	1,777	1,160
Accounts Payable	669.48	848.08	598.79	629.86	589.92	535.29
Accrued Expenses	25.59	58.17	45.31	50.35	42.99	29.24
Short-Term Debt	-	46.11	23.87	-	31.25	113.22
Current Portion of Leases	-	1.89	2.42	1.75	1.71	1.99
Current Income Taxes Payable	11.09	25.73	13.52	6.39	4.56	14.06
Current Unearned Revenue	349.71	123.08	88.6	73.35	74.58	21.77
Other Current Liabilities	22.94	23.63	23.16	24.12	0.85	1.03
Total Current Liabilities	1,081	1,127	795.67	785.82	745.86	716.62
Long-Term Leases	1.2	1.5	1.59	2.15	3.15	1.89
Pension & Post-Retirement Benefits	-	0.08	0.07	0.63	0.61	0.61
Long-Term Deferred Tax Liabilities	30.17	29.29	17.71	14.5	4.89	3.96
Other Long-Term Liabilities	10.71	12.95	11.18	11.29	9.24	9.54
Total Liabilities	1,123	1,170	826.22	814.4	763.75	732.62
Common Stock	100	100	100	100	80	60
Additional Paid-In Capital	562.63	562.63	562.63	562.63	582.63	110.11
Retained Earnings	509.37	470.68	406.13	371.73	298.31	205.45
Comprehensive Income & Other	23.21	35.14	41.67	47.9	48.4	47.73
Total Common Equity	1,195	1,168	1,110	1,082	1,009	423.29
Minority Interest	20.64	21	15.86	7.71	4.04	3.81
Shareholders' Equity	1,216	1,189	1,126	1,090	1,013	427.1
Total Liabilities & Equity	2,338	2,360	1,953	1,904	1,777	1,160
Total Debt	2.89	49.5	27.87	3.9	36.11	117.1
Net Cash (Debt)	1,084	728.62	599.11	720.09	637.55	38.29
Net Cash Growth	96.62%	21.62%	-16.80%	12.95%	1564.91%	-71.83%
Net Cash Per Share	10.88	7.31	5.97	7.22	7.84	0.51
Filing Date Shares Outstanding	99.22	100	100	100	100	75
Total Common Shares Outstanding	99.22	100	100	100	100	75
Working Capital	1,131	1,103	1,033	1,005	944.14	335.73
Book Value Per Share	12.05	11.68	11.10	10.82	10.09	5.64
Tangible Book Value	1,188	1,161	1,103	1,075	1,002	415.88
Tangible Book Value Per Share	11.97	11.61	11.03	10.75	10.02	5.55
Buildings	-	76.91	69.83	50.88	50.88	47.75
Machinery	-	14.09	12.75	9.25	7.17	5.65
Construction In Progress	-	-	2.58	13.1	-	0.86

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