SHA:603168 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	72.08	112.18	82.79	355.67	525.06	138.52
Trading Asset Securities	48.94	112.22	106.86	13.53	29.27	105.03
Cash & Short-Term Investments	121.03	224.4	189.65	369.2	554.33	243.55
Cash Growth	-34.59%	18.32%	-48.63%	-33.40%	127.60%	-46.68%
Accounts Receivable	44.05	47.95	67.79	53.58	40.32	52.04
Other Receivables	8.14	3.09	12.84	8.69	42.96	5.16
Receivables	52.18	51.04	80.62	62.27	83.28	57.2
Inventory	87.59	76.72	76.66	84.32	59.1	60.82
Other Current Assets	22.88	16.03	19.74	36.87	31.09	192.37
Total Current Assets	283.67	368.18	366.67	552.66	727.8	553.95
Property, Plant & Equipment	788.89	801.42	841.87	795.34	651.26	474.12
Long-Term Investments	299.91	323.17	327.64	232.14	67.86	-
Goodwill	139.67	139.67	332.09	365.43	326.68	336.16
Other Intangible Assets	142.57	143.79	150.41	154.62	160.14	165.72
Long-Term Deferred Tax Assets	0.11	0.46	0.78	0.74	0.82	0.07
Long-Term Deferred Charges	88.14	87.89	67.73	30.45	4.74	1.87
Other Long-Term Assets	28.09	7.67	19.07	38.91	17.18	53.47
Total Assets	1,771	1,872	2,106	2,170	1,956	1,585
Accounts Payable	95.51	120.19	137.04	123.11	80.85	25.93
Accrued Expenses	14.43	57.34	68.81	53.06	53.9	69.86
Short-Term Debt	118.52	149.61	105.29	85.98	-	-
Current Portion of Long-Term Debt	-	22.82	4.1	10.41	-	-
Current Portion of Leases	-	5.46	8.05	8.54	5.93	-
Current Income Taxes Payable	-	0.03	1.31	4.52	-	3.8
Current Unearned Revenue	11.31	21.26	19.71	26.39	49.75	34.49
Other Current Liabilities	78.72	14.59	33.16	55.68	15.39	61.2
Total Current Liabilities	318.49	391.3	377.47	367.7	205.82	195.27
Long-Term Debt	108.32	108.57	111.55	37.07	-	-
Long-Term Leases	12.62	14.5	25.34	33.68	33.76	37.61
Long-Term Unearned Revenue	2.73	2.81	2.22	2.47	-	-
Long-Term Deferred Tax Liabilities	3.78	3.87	-	-	1.42	-
Total Liabilities	445.94	521.04	516.59	440.92	240.99	232.89
Common Stock	374.13	374.13	375.93	379.16	372.51	322.59
Additional Paid-In Capital	898.21	898.21	903.73	912.8	888.99	630.63
Retained Earnings	59.51	85.62	324.3	455.64	444	399.25
Treasury Stock	-6.77	-6.77	-14.33	-27.92	-	-
Total Common Equity	1,325	1,351	1,590	1,720	1,705	1,352
Minority Interest	0.03	0.03	0.04	9.7	10	-
Shareholders' Equity	1,325	1,351	1,590	1,729	1,715	1,352
Total Liabilities & Equity	1,771	1,872	2,106	2,170	1,956	1,585
Total Debt	239.46	300.95	254.34	175.69	39.69	37.61
Net Cash (Debt)	-118.44	-76.55	-64.69	193.51	514.64	205.94
Net Cash Growth	-	-	-	-62.40%	149.90%	-54.92%
Net Cash Per Share	-0.33	-0.21	-0.17	0.53	1.61	0.64
Filing Date Shares Outstanding	372.91	374.13	375.93	379.16	372.51	322.59
Total Common Shares Outstanding	372.91	374.13	375.93	379.16	372.51	322.59
Working Capital	-34.82	-23.11	-10.81	184.96	521.99	358.67
Book Value Per Share	3.55	3.61	4.23	4.54	4.58	4.19
Tangible Book Value	1,043	1,068	1,107	1,200	1,219	850.59
Tangible Book Value Per Share	2.80	2.85	2.95	3.16	3.27	2.64
Buildings	-	374.7	373.99	372.77	372.77	371.38
Machinery	-	583.28	571.12	528.14	391.32	364.87
Construction In Progress	-	351.06	335.22	273.35	207.59	8.13

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