SHA:603181 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	525.37	533.47	690.37	658.66	536.88
Trading Asset Securities	110.61	-	-	121.18	193.31
Cash & Short-Term Investments	635.98	533.47	690.37	779.84	730.19
Cash Growth	19.22%	-22.73%	-11.47%	6.80%	12.10%
Accounts Receivable	442.52	421.41	325.53	275.93	352.83
Other Receivables	10.56	0.6	0.73	33.02	3.44
Receivables	453.08	422.01	326.26	308.95	356.27
Inventory	217.5	239.95	209.55	244.14	248.39
Other Current Assets	72.19	84.78	45.19	49.48	94.93
Total Current Assets	1,379	1,280	1,271	1,382	1,430
Property, Plant & Equipment	2,534	2,180	1,828	1,747	1,437
Long-Term Investments	30.03	-	6.19	5.66	-
Other Intangible Assets	239.8	246.75	251.36	144.22	147.56
Long-Term Deferred Tax Assets	32.39	19.46	13.97	17.99	6.88
Long-Term Deferred Charges	4.4	5.66	4.44	5.51	4.62
Other Long-Term Assets	96.21	143.14	42.34	3.14	8.93
Total Assets	4,316	3,875	3,418	3,306	3,035
Accounts Payable	224.8	203.34	180.31	248.05	246.65
Accrued Expenses	21.68	39.35	33.1	27.31	26.58
Short-Term Debt	-	-	-	40.05	40.05
Current Portion of Long-Term Debt	38.93	105.18	139.17	53.98	53.97
Current Income Taxes Payable	39.51	20.37	16.31	24.64	19.5
Current Unearned Revenue	11.42	16.92	9.67	16.52	18.6
Other Current Liabilities	15.68	9.28	10.13	9.86	7.55
Total Current Liabilities	352.02	394.44	388.69	420.4	412.91
Long-Term Debt	418.45	292.44	193.32	281.46	335.4
Long-Term Unearned Revenue	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	869.63	763.56	660.3	779.53	777.68
Common Stock	588.7	588.7	588.7	588.7	588.7
Additional Paid-In Capital	146.95	131.65	233.16	227.68	216.96
Retained Earnings	2,875	2,559	2,245	1,921	1,502
Treasury Stock	-169.22	-169.22	-310.57	-211.05	-53.08
Comprehensive Income & Other	4.93	1.47	0.74	-	3.17
Shareholders' Equity	3,446	3,112	2,758	2,526	2,257
Total Liabilities & Equity	4,316	3,875	3,418	3,306	3,035
Total Debt	457.38	397.62	332.49	375.48	429.42
Net Cash (Debt)	178.6	135.85	357.88	404.36	300.77
Net Cash Growth	31.46%	-62.04%	-11.49%	34.44%	-40.59%
Net Cash Per Share	0.31	0.24	0.63	0.69	0.51
Filing Date Shares Outstanding	582.31	575.61	566.04	574.2	588.7
Total Common Shares Outstanding	582.31	575.61	566.04	574.2	588.7
Working Capital	1,027	885.77	882.68	962	1,017
Book Value Per Share	5.92	5.41	4.87	4.40	3.83
Tangible Book Value	3,206	2,865	2,506	2,382	2,110
Tangible Book Value Per Share	5.51	4.98	4.43	4.15	3.58
Buildings	-	914.09	749.13	704.85	615.3
Machinery	-	1,351	1,255	1,058	801.85
Construction In Progress	-	453.65	245.99	301.74	263.15

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