SHA:603165 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	32.41	1,597	1,196	818.6	295.17
Trading Asset Securities	2,797	1,145	661.52	-	647.42
Cash & Short-Term Investments	2,829	2,742	1,858	818.6	942.59
Cash Growth	3.17%	47.59%	126.95%	-13.15%	12.96%
Accounts Receivable	729.95	759.73	546.15	582.72	437.79
Other Receivables	37.21	2.69	5.57	0.09	0.77
Receivables	767.15	762.42	551.72	582.81	438.56
Inventory	82.38	77.54	68.76	81.1	103.73
Other Current Assets	13.87	21.29	30.79	29.83	42.87
Total Current Assets	3,692	3,603	2,509	1,512	1,528
Property, Plant & Equipment	817.3	781.44	806.49	822.16	774.36
Long-Term Investments	154.12	184.93	184.62	186.4	178.1
Other Intangible Assets	137.56	129.35	107.1	109.98	74.98
Long-Term Deferred Tax Assets	-	-	6.95	4.03	20.92
Other Long-Term Assets	6.23	6.83	12.3	23.61	5.88
Total Assets	4,808	4,706	3,627	2,659	2,582
Accounts Payable	286.33	449.3	223.87	193.51	155.1
Accrued Expenses	17.91	65.19	59.65	70.8	82.11
Short-Term Debt	1,518	1,245	516.29	300.31	284.15
Current Portion of Long-Term Debt	5.2	0.85	0.43	-	0.72
Current Portion of Leases	-	0.67	0.28	0.13	0.12
Current Income Taxes Payable	28.88	0.03	-	1.24	1.67
Current Unearned Revenue	6.95	6.45	5.35	6.47	5.71
Other Current Liabilities	112.88	59.22	71.35	67.14	9.87
Total Current Liabilities	1,976	1,827	877.21	639.61	539.44
Long-Term Debt	632.9	517.87	488.14	-	144.69
Long-Term Leases	1.6	2.13	0.82	0.28	0.42
Long-Term Unearned Revenue	40.71	30.66	28	28.44	22.94
Long-Term Deferred Tax Liabilities	-	-	-	-	4.16
Total Liabilities	2,651	2,377	1,394	668.33	711.65
Common Stock	263.93	272.61	278.43	278.43	263.2
Additional Paid-In Capital	419.42	510.67	570.61	567.44	402.43
Retained Earnings	1,485	1,547	1,393	1,247	1,171
Treasury Stock	-104.92	-104.92	-104.92	-104.92	-
Comprehensive Income & Other	93.62	103.69	95.33	2.47	33.5
Total Common Equity	2,157	2,329	2,232	1,990	1,870
Shareholders' Equity	2,157	2,329	2,232	1,990	1,870
Total Liabilities & Equity	4,808	4,706	3,627	2,659	2,582
Total Debt	2,157	1,766	1,006	300.73	430.1
Net Cash (Debt)	671.69	975.7	851.84	517.87	512.49
Net Cash Growth	-31.16%	14.54%	64.49%	1.05%	-15.40%
Net Cash Per Share	2.46	3.41	3.15	1.94	1.91
Filing Date Shares Outstanding	251.84	264.9	270.71	270.71	263.2
Total Common Shares Outstanding	251.84	264.9	270.71	270.71	263.2
Working Capital	1,717	1,777	1,632	872.73	988.31
Book Value Per Share	8.56	8.79	8.25	7.35	7.11
Tangible Book Value	2,019	2,199	2,125	1,880	1,795
Tangible Book Value Per Share	8.02	8.30	7.85	6.95	6.82
Buildings	-	492.8	459.28	367.35	353.54
Machinery	-	859	853.96	815.55	744.78
Construction In Progress	-	29.82	3.95	84.43	48.33

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.