SHA:603199 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	226.76	205.07	178.5	85.92	61.09
Short-Term Investments	260.12	252.42	233.1	334.13	454.03
Cash & Short-Term Investments	486.88	457.49	411.6	420.05	515.11
Cash Growth	6.42%	11.15%	-2.01%	-18.45%	-5.86%
Accounts Receivable	2.62	3.73	2.67	2.71	0.92
Other Receivables	2.45	2.04	2.34	1.62	1.66
Receivables	5.07	5.77	5.01	4.33	2.58
Inventory	5.86	6.84	8.04	7.01	7.24
Prepaid Expenses	1.89	1.33	2.27	1.93	1.56
Other Current Assets	170.67	6.44	9.45	5.47	16.36
Total Current Assets	670.36	477.88	436.38	438.79	542.84
Property, Plant & Equipment	927.15	877.99	909.57	727.79	684.45
Long-Term Investments	73.73	229.63	222.17	65.82	68.09
Goodwill	-	-	-	-	9.56
Other Intangible Assets	216.98	209.85	217.41	222.91	154.16
Long-Term Deferred Tax Assets	9.6	7.09	6.07	4.32	12.24
Long-Term Deferred Charges	8.82	8.82	1.38	2.52	0.85
Other Long-Term Assets	45.47	45.72	18.54	15.58	18.98
Total Assets	1,952	1,857	1,812	1,478	1,491
Accounts Payable	35.35	34.46	37.73	22.46	21.58
Accrued Expenses	136.57	123.2	112.55	89.1	95.41
Current Portion of Leases	0.55	0.18	0.07	0.07	0.06
Current Income Taxes Payable	13.24	25.02	49.17	-	18.41
Current Unearned Revenue	17.21	13.79	9.52	10.08	9.58
Other Current Liabilities	66.19	116.16	171.66	83.48	33.14
Total Current Liabilities	269.11	312.81	380.71	205.19	178.18
Long-Term Leases	13.48	15.23	3.32	3.39	3.46
Long-Term Unearned Revenue	11.68	9.68	9.17	9.64	10.11
Long-Term Deferred Tax Liabilities	-	-	-	-	9.24
Other Long-Term Liabilities	5.79	4.52	0.19	15.76	14.42
Total Liabilities	300.06	342.24	393.39	233.98	215.4
Common Stock	110.68	110.68	110.68	110.68	110.68
Additional Paid-In Capital	333.29	333.29	333.29	333.29	333.29
Retained Earnings	1,205	1,068	969.33	794.67	827.19
Comprehensive Income & Other	2.6	2.87	4.82	5.08	4.59
Shareholders' Equity	1,652	1,515	1,418	1,244	1,276
Total Liabilities & Equity	1,952	1,857	1,812	1,478	1,491
Total Debt	14.03	15.41	3.39	3.46	3.52
Net Cash (Debt)	472.85	442.08	408.21	416.59	511.59
Net Cash Growth	6.96%	8.30%	-2.01%	-18.57%	-6.50%
Net Cash Per Share	4.27	3.99	3.69	3.65	4.65
Filing Date Shares Outstanding	110.68	110.68	110.68	110.68	110.68
Total Common Shares Outstanding	110.68	110.68	110.68	110.68	110.68
Working Capital	401.25	165.07	55.67	233.6	364.67
Book Value Per Share	14.93	13.69	12.81	11.24	11.53
Tangible Book Value	1,435	1,305	1,201	1,021	1,112
Tangible Book Value Per Share	12.97	11.79	10.85	9.22	10.05
Buildings	1,139	1,139	948.14	790.23	854.97
Machinery	467.86	452.5	433.69	416.16	418.9
Construction In Progress	98.96	5.38	189.61	151.5	19.21

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