SHA:603192 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	1,177	691.38	588.94	743.61	582.36	808.11
Trading Asset Securities	-	-	-	-	0.01	-
Cash & Short-Term Investments	1,177	691.38	588.94	743.61	582.37	808.11
Cash Growth	148.74%	17.39%	-20.80%	27.69%	-27.93%	14.98%
Accounts Receivable	799.49	703.41	773.23	650.84	755.6	813.93
Other Receivables	0.73	1.03	0.69	1.34	11.97	5.15
Receivables	800.21	704.45	773.92	652.18	767.57	819.08
Inventory	236.29	238.28	258.1	269.06	265.44	306.38
Other Current Assets	139.83	103.97	86.55	96.17	72.3	97.71
Total Current Assets	2,353	1,738	1,708	1,761	1,688	2,031
Property, Plant & Equipment	382.25	388.27	422.94	476.83	514.37	479.67
Long-Term Investments	1.55	0.65	0.31	-	-	-
Goodwill	0.77	0.77	0.77	0.77	0.77	0.77
Other Intangible Assets	145.39	146.38	65.05	59.52	61.77	37.94
Long-Term Deferred Tax Assets	30.8	30.42	29.65	27.76	18.99	11.61
Long-Term Deferred Charges	2.81	3.75	7.2	9.75	0.87	0.29
Other Long-Term Assets	1.77	4.46	2.39	4.62	6.94	2.55
Total Assets	2,919	2,313	2,236	2,340	2,291	2,564
Accounts Payable	550.96	494.81	533.32	749.37	653.58	1,053
Accrued Expenses	26.37	50.38	53.25	42.99	49.55	46.76
Short-Term Debt	38.02	61.45	20.02	42.04	118.13	64.07
Current Portion of Long-Term Debt	4.39	4.45	-	-	-	-
Current Portion of Leases	-	-	4.32	9.76	11.52	3.46
Current Income Taxes Payable	22.87	15.36	3.69	0.63	1.63	1.18
Current Unearned Revenue	36.82	28.66	19.35	18.08	17.82	20.81
Other Current Liabilities	21.13	29.53	21.21	2.93	4.26	2.46
Total Current Liabilities	700.56	684.64	655.16	865.81	856.49	1,191
Long-Term Leases	20.45	22.14	25.95	30.4	38.39	5.19
Long-Term Unearned Revenue	2.07	2.14	2.58	1.09	0.53	1.1
Long-Term Deferred Tax Liabilities	-	-	0	-	-	-
Total Liabilities	723.08	708.92	683.7	897.31	895.41	1,198
Common Stock	167.36	141.75	141.15	138.67	138.67	106.67
Additional Paid-In Capital	1,268	718.38	702.1	683.85	683.85	715.85
Retained Earnings	755.93	740.78	712.41	612.81	569.74	543.44
Treasury Stock	-16.19	-16.19	-18.08	-	-	-
Comprehensive Income & Other	20.43	19.14	14.54	7.64	3.74	0.57
Total Common Equity	2,196	1,604	1,552	1,443	1,396	1,367
Shareholders' Equity	2,196	1,604	1,552	1,443	1,396	1,367
Total Liabilities & Equity	2,919	2,313	2,236	2,340	2,291	2,564
Total Debt	62.86	88.04	50.29	82.21	168.04	72.72
Net Cash (Debt)	1,114	603.34	538.65	661.4	414.33	735.39
Net Cash Growth	164.80%	12.01%	-18.56%	59.63%	-43.66%	11.80%
Net Cash Per Share	7.76	4.30	3.89	4.76	3.38	5.28
Filing Date Shares Outstanding	151.51	145.31	138.67	138.67	138.67	138.67
Total Common Shares Outstanding	151.51	145.31	138.67	138.67	138.67	138.67
Working Capital	1,653	1,053	1,052	895.21	831.2	839.99
Book Value Per Share	14.49	11.04	11.19	10.41	10.07	9.85
Tangible Book Value	2,049	1,457	1,486	1,383	1,333	1,328
Tangible Book Value Per Share	13.53	10.02	10.72	9.97	9.62	9.58
Buildings	-	-	209.71	209.71	213.82	214.05
Machinery	-	-	582.79	560.2	539.63	447.94
Construction In Progress	-	-	21.68	27.84	21.39	56.77

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