SHA:603189 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	452.58	502.54	432.74	334.77	289.46	569.21
Trading Asset Securities	282.31	282.32	347.98	447.7	507.36	416.74
Cash & Short-Term Investments	734.89	784.86	780.72	782.48	796.82	985.95
Cash Growth	-14.01%	0.53%	-0.22%	-1.80%	-19.18%	104.53%
Accounts Receivable	220.48	136.81	208.07	242.98	316.27	304.54
Other Receivables	4.32	3.61	1.55	7.29	2.26	2.71
Receivables	224.8	140.41	209.62	250.27	318.53	307.25
Inventory	44.39	106.15	25.07	51.92	64.51	33.61
Other Current Assets	12.26	7.78	5.08	1.41	0.13	0.45
Total Current Assets	1,016	1,039	1,020	1,086	1,180	1,327
Property, Plant & Equipment	436.97	426.89	96.98	431.54	413.22	318.72
Long-Term Investments	90.96	103.48	106.34	137.04	183.43	153.49
Other Intangible Assets	10.36	10.62	4.03	21.89	78.81	59.93
Long-Term Deferred Tax Assets	41.51	40.69	42.44	34.97	14.37	12.57
Long-Term Deferred Charges	-	-	0.04	0.08	0.17	0.31
Other Long-Term Assets	-	-	353.67	0.95	1.05	2.06
Total Assets	1,596	1,621	1,624	1,713	1,871	1,874
Accounts Payable	38.62	40.98	65.09	65.55	65.03	55.88
Accrued Expenses	14.2	15.19	38.42	41.75	47.97	48.91
Short-Term Debt	35	35	-	-	-	59.83
Current Portion of Long-Term Debt	-	0.21	-	-	-	-
Current Portion of Leases	-	-	0.41	0.39	0.62	0.6
Current Income Taxes Payable	12.64	7.73	-	-	-	5.61
Current Unearned Revenue	13.05	20.75	8.13	31.03	27.03	1.5
Other Current Liabilities	2.8	3.97	3.68	0.67	1.23	0.91
Total Current Liabilities	116.3	123.82	115.73	139.4	141.88	173.23
Long-Term Leases	0.17	0.13	0.67	1.24	2.01	2.46
Long-Term Unearned Revenue	2.67	2.67	2.67	2.67	2.67	4.21
Long-Term Deferred Tax Liabilities	0.4	0.4	1.5	1.21	4.86	1.21
Other Long-Term Liabilities	0.92	0.92	-	2.59	-	-
Total Liabilities	120.46	127.93	120.57	147.1	151.41	181.12
Common Stock	269.55	269.55	269.55	269.55	269.55	269.55
Additional Paid-In Capital	1,056	1,056	1,056	1,056	1,056	1,056
Retained Earnings	209	214.04	244.95	261.18	371.48	361.8
Treasury Stock	-25.68	-25.68	-25.68	-	-	-
Comprehensive Income & Other	-32.78	-20.57	-41	-20.89	23	6.28
Shareholders' Equity	1,476	1,493	1,503	1,565	1,720	1,693
Total Liabilities & Equity	1,596	1,621	1,624	1,713	1,871	1,874
Total Debt	35.17	35.33	1.08	1.63	2.63	62.89
Net Cash (Debt)	699.72	749.53	779.64	780.85	794.19	923.06
Net Cash Growth	-18.02%	-3.86%	-0.15%	-1.68%	-13.96%	127.43%
Net Cash Per Share	2.79	2.85	2.98	2.90	3.04	3.94
Filing Date Shares Outstanding	252.39	152.61	267.01	269.55	269.55	269.55
Total Common Shares Outstanding	252.39	152.61	267.01	269.55	269.55	269.55
Working Capital	900.04	915.39	904.76	946.69	1,038	1,154
Book Value Per Share	5.85	9.78	5.63	5.81	6.38	6.28
Tangible Book Value	1,465	1,482	1,499	1,544	1,641	1,633
Tangible Book Value Per Share	5.81	9.71	5.62	5.73	6.09	6.06
Buildings	-	-	114.73	103.79	103.79	103.79
Machinery	-	-	71.07	74.16	76.2	75.35
Construction In Progress	-	-	5.5	352.56	323.57	218.88

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