SHA:603182 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	152.2	93.99	147.28	306.12	437.26	133.62
Trading Asset Securities	-	-	-	-	-	0.72
Cash & Short-Term Investments	152.2	93.99	147.28	306.12	437.26	134.34
Cash Growth	-16.84%	-36.18%	-51.89%	-29.99%	225.49%	15.93%
Accounts Receivable	124.3	114.88	81.85	160.81	75.44	69.14
Other Receivables	4.53	11.83	14.27	49.86	62.68	4.92
Receivables	128.84	126.71	96.12	210.66	138.12	74.06
Inventory	231.43	247.55	225.5	211.48	196.69	166.32
Prepaid Expenses	-	-	-	-	-	1.37
Other Current Assets	72.3	83.05	71.85	36.55	24.35	61.63
Total Current Assets	584.75	551.31	540.75	764.82	796.42	437.72
Property, Plant & Equipment	679.61	694.66	750.77	373.54	258.82	272.29
Long-Term Investments	0.01	0.01	-	-	-	-
Other Intangible Assets	100.97	101.56	103.95	106.33	93.06	72.42
Long-Term Deferred Tax Assets	19.3	17.68	19.14	21.54	16.16	15.3
Other Long-Term Assets	8.05	9.62	17.47	18.74	19.01	7.85
Total Assets	1,393	1,375	1,432	1,285	1,183	805.58
Accounts Payable	109.53	129.61	102.89	31.93	101.88	128.8
Accrued Expenses	10.23	14.13	61.67	43.86	20.4	14.76
Short-Term Debt	-	3	25	35	-	70.06
Current Portion of Long-Term Debt	-	-	-	-	-	1.12
Current Income Taxes Payable	8.85	5.63	12.19	19.77	9.46	7.36
Current Unearned Revenue	16.51	16.92	10.01	12.84	14.31	19.12
Other Current Liabilities	33.57	28.85	78.54	41.33	5.77	3.2
Total Current Liabilities	178.68	198.15	290.31	184.73	151.81	244.42
Long-Term Debt	10.42	6.42	-	-	-	22.98
Long-Term Unearned Revenue	70.99	64.99	66.45	71.11	65.91	70.16
Total Liabilities	260.09	269.56	356.76	255.83	217.72	337.56
Common Stock	164.55	164.55	164.55	164.55	164.55	123.41
Additional Paid-In Capital	358.89	358.89	358.89	358.89	358.89	18.9
Retained Earnings	600.37	573.06	544.18	500.86	440.09	325.71
Comprehensive Income & Other	8.78	8.79	7.7	4.84	2.23	-
Shareholders' Equity	1,133	1,105	1,075	1,029	965.76	468.02
Total Liabilities & Equity	1,393	1,375	1,432	1,285	1,183	805.58
Total Debt	10.42	9.42	25	35	-	94.16
Net Cash (Debt)	141.77	84.57	122.28	271.12	437.26	40.18
Net Cash Growth	-13.03%	-30.84%	-54.90%	-38.00%	988.19%	97.17%
Net Cash Per Share	0.87	0.52	0.74	1.65	3.29	0.32
Filing Date Shares Outstanding	160.66	160.07	164.55	164.55	164.55	123.41
Total Common Shares Outstanding	160.66	160.07	164.55	164.55	164.55	123.41
Working Capital	406.08	353.16	250.44	580.1	644.61	193.31
Book Value Per Share	7.05	6.91	6.53	6.25	5.87	3.79
Tangible Book Value	1,032	1,004	971.37	922.81	872.7	395.6
Tangible Book Value Per Share	6.42	6.27	5.90	5.61	5.30	3.21
Buildings	-	-	371.62	174.12	177.37	176.33
Machinery	-	-	623.36	275.54	255.7	251.11
Construction In Progress	-	-	-	138.65	12.82	1.29

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