SHA:603173 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	1,409	1,623	1,521	1,367	391.9	224.74
Trading Asset Securities	370.86	261.43	50.11	-	-	-
Cash & Short-Term Investments	1,780	1,884	1,571	1,367	391.9	224.74
Cash Growth	-4.27%	19.98%	14.93%	248.71%	74.38%	10.28%
Accounts Receivable	1,576	1,167	1,443	1,408	1,279	837.3
Other Receivables	12.2	32.33	15.54	39.81	14.23	12.8
Receivables	1,588	1,199	1,458	1,448	1,294	850.11
Inventory	1,119	1,206	1,026	645.44	544.46	490.15
Prepaid Expenses	-	-	-	-	-	0.6
Other Current Assets	747.58	578.71	595.62	451.17	292.55	153.78
Total Current Assets	5,234	4,868	4,651	3,911	2,522	1,719
Property, Plant & Equipment	505.89	512.5	473.8	295.19	225.4	143.4
Long-Term Investments	6.48	7.12	6.6	4.13	3.91	4.7
Other Intangible Assets	100.47	92.66	93.95	96.38	68.12	67.47
Long-Term Accounts Receivable	23.66	-	-	10.04	25.09	40.15
Long-Term Deferred Tax Assets	84.72	93.25	62.27	44.58	27.17	21.48
Long-Term Deferred Charges	-	-	-	-	5.1	4.36
Other Long-Term Assets	10.01	8.63	11.24	35.73	31.03	27.71
Total Assets	5,965	5,582	5,299	4,397	2,908	2,029

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	1,027	1,232	1,387	1,233	1,178	668.07
Accrued Expenses	201.35	136.08	105.91	78.12	69.1	74.82
Short-Term Debt	-	-	-	43.04	156.18	92.12
Current Portion of Long-Term Debt	-	-	-	20.02	0.02	-
Current Portion of Leases	-	-	0.16	0.46	0.39	-
Current Income Taxes Payable	2.68	58.09	28.64	23.79	1.44	7.99
Current Unearned Revenue	2,525	1,982	1,975	1,397	748.24	615.86
Other Current Liabilities	173.52	87.37	162.83	141.68	91.03	58.33
Total Current Liabilities	3,930	3,495	3,660	2,938	2,244	1,517
Long-Term Debt	-	-	-	-	20	-
Long-Term Leases	-	-	-	0.03	0.38	-
Long-Term Unearned Revenue	19.71	17.7	2.22	2.44	0.18	0.19
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.66
Other Long-Term Liabilities	2.9	93.07	10.28	3.4	20.55	11.55
Total Liabilities	3,952	3,606	3,672	2,944	2,285	1,530

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	160	160	160	160	120	120
Additional Paid-In Capital	842.85	842.14	840.71	839.27	218.94	217.5
Retained Earnings	1,018	996.8	654.66	452.7	283.95	161.21
Treasury Stock	-29.98	-29.98	-29.98	-	-	-
Comprehensive Income & Other	7.41	7.13	1.32	1.59	0.14	0.33
Shareholders' Equity	2,013	1,976	1,627	1,454	623.03	499.03
Total Liabilities & Equity	5,965	5,582	5,299	4,397	2,908	2,029

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	-	-	0.16	63.55	176.98	92.12
Net Cash (Debt)	1,780	1,884	1,571	1,303	214.92	132.62
Net Cash Growth	-4.26%	19.99%	20.53%	506.29%	62.06%	-9.68%
Net Cash Per Share	11.19	11.90	9.80	8.32	1.79	1.10
Filing Date Shares Outstanding	158.42	158.42	158.42	160	120	120
Total Common Shares Outstanding	158.42	158.42	158.42	160	120	120
Working Capital	1,304	1,373	991.34	973.39	278.31	202.19
Book Value Per Share	12.61	12.47	10.27	9.08	5.19	4.16
Tangible Book Value	1,898	1,883	1,533	1,357	554.91	431.57
Tangible Book Value Per Share	11.98	11.89	9.68	8.48	4.62	3.60
Buildings	492.6	399.23	397.23	242.77	233.15	167.11
Machinery	238.36	228.18	203.04	103.07	93.63	76.29
Construction In Progress	12.83	95.61	38.63	80.96	6.02	9.63