SHA:603181 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	534.86	525.37	533.47	690.37	658.66	536.88
Trading Asset Securities	111.4	110.61	-	-	121.18	193.31
Cash & Short-Term Investments	646.26	635.98	533.47	690.37	779.84	730.19
Cash Growth	25.58%	19.22%	-22.73%	-11.47%	6.80%	12.10%
Accounts Receivable	539.27	442.52	421.41	325.53	275.93	352.83
Other Receivables	13.53	10.56	0.6	0.73	33.02	3.44
Receivables	552.8	453.08	422.01	326.26	308.95	356.27
Inventory	171.73	217.5	239.95	209.55	244.14	248.39
Other Current Assets	97.5	72.19	84.78	45.19	49.48	94.93
Total Current Assets	1,468	1,379	1,280	1,271	1,382	1,430
Property, Plant & Equipment	2,641	2,534	2,180	1,828	1,747	1,437
Long-Term Investments	-	30.03	30.95	6.19	5.66	-
Other Intangible Assets	238.3	239.8	246.75	251.36	144.22	147.56
Long-Term Deferred Tax Assets	41.18	32.39	19.46	13.97	17.99	6.88
Long-Term Deferred Charges	4.06	4.4	5.66	4.44	5.51	4.62
Other Long-Term Assets	148.42	96.21	112.19	42.34	3.14	8.93
Total Assets	4,541	4,316	3,875	3,418	3,306	3,035
Accounts Payable	198.47	224.8	203.34	180.31	248.05	246.65
Accrued Expenses	14.17	44.9	39.35	33.1	27.31	26.58
Short-Term Debt	-	-	-	-	40.05	40.05
Current Portion of Long-Term Debt	38.93	38.93	105.18	139.17	53.98	53.97
Current Income Taxes Payable	48	18.1	20.37	16.31	24.64	19.5
Current Unearned Revenue	28.17	11.42	16.92	9.67	16.52	18.6
Other Current Liabilities	12.11	13.87	9.28	10.13	9.86	7.55
Total Current Liabilities	339.86	352.02	394.44	388.69	420.4	412.91
Long-Term Debt	452.65	418.45	292.44	193.32	281.46	335.4
Long-Term Unearned Revenue	134.76	98.51	76.69	76.44	70.27	19.06
Long-Term Deferred Tax Liabilities	-	0.15	-	1.84	7.4	10.32
Other Long-Term Liabilities	-	0.5	-	-	-	-
Total Liabilities	927.28	869.63	763.56	660.3	779.53	777.68
Common Stock	588.7	588.7	588.7	588.7	588.7	588.7
Additional Paid-In Capital	117.12	146.95	131.65	233.16	227.68	216.96
Retained Earnings	2,987	2,875	2,559	2,245	1,921	1,502
Treasury Stock	-85.2	-169.22	-169.22	-310.57	-211.05	-53.08
Comprehensive Income & Other	6.12	4.93	1.47	0.74	-	3.17
Shareholders' Equity	3,614	3,446	3,112	2,758	2,526	2,257
Total Liabilities & Equity	4,541	4,316	3,875	3,418	3,306	3,035
Total Debt	491.58	457.38	397.62	332.49	375.48	429.42
Net Cash (Debt)	154.67	178.6	135.85	357.88	404.36	300.77
Net Cash Growth	22.50%	31.46%	-62.04%	-11.49%	34.44%	-40.59%
Net Cash Per Share	0.27	0.31	0.24	0.63	0.69	0.51
Filing Date Shares Outstanding	591.68	575.61	575.61	566.04	574.2	588.7
Total Common Shares Outstanding	591.68	575.61	575.61	566.04	574.2	588.7
Working Capital	1,128	1,027	885.77	882.68	962	1,017
Book Value Per Share	6.11	5.99	5.41	4.87	4.40	3.83
Tangible Book Value	3,376	3,206	2,865	2,506	2,382	2,110
Tangible Book Value Per Share	5.70	5.57	4.98	4.43	4.15	3.58
Buildings	-	1,102	914.09	749.13	704.85	615.3
Machinery	-	1,399	1,351	1,255	1,058	801.85
Construction In Progress	-	698.47	453.65	245.99	301.74	263.15

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