SHA:603199 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	229.52	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	229.52	486.88	457.49	411.6	420.05	515.11
Cash Growth	-1.55%	6.42%	11.15%	-2.01%	-18.45%	-5.86%
Accounts Receivable	19.97	2.62	3.73	2.67	2.71	0.92
Other Receivables	2.9	2.45	2.04	2.34	1.62	1.66
Receivables	22.87	5.07	5.77	5.01	4.33	2.58
Inventory	5.67	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	360.87	170.67	6.44	9.45	5.47	16.36
Total Current Assets	618.93	670.36	477.88	436.38	438.79	542.84
Property, Plant & Equipment	909.63	927.15	877.99	909.57	727.79	684.45
Long-Term Investments	172.44	73.73	229.63	222.17	65.82	68.09
Goodwill	-	-	-	-	-	9.56
Other Intangible Assets	215.02	216.98	209.85	217.41	222.91	154.16
Long-Term Deferred Tax Assets	8.48	9.6	7.09	6.07	4.32	12.24
Long-Term Deferred Charges	8.29	8.82	8.82	1.38	2.52	0.85
Other Long-Term Assets	44.88	45.47	45.72	18.54	15.58	18.98
Total Assets	1,978	1,952	1,857	1,812	1,478	1,491
Accounts Payable	40.35	35.35	34.46	37.73	22.46	21.58
Accrued Expenses	100.63	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	34.14	13.24	25.02	49.17	-	18.41
Current Unearned Revenue	15.17	17.21	13.79	9.52	10.08	9.58
Other Current Liabilities	32.83	66.19	116.16	171.66	83.48	33.14
Total Current Liabilities	223.68	269.11	312.81	380.71	205.19	178.18
Long-Term Leases	13.13	13.48	15.23	3.32	3.39	3.46
Long-Term Unearned Revenue	11.56	11.68	9.68	9.17	9.64	10.11
Long-Term Deferred Tax Liabilities	-	-	-	-	-	9.24
Other Long-Term Liabilities	7.57	5.79	4.52	0.19	15.76	14.42
Total Liabilities	255.94	300.06	342.24	393.39	233.98	215.4
Common Stock	110.68	110.68	110.68	110.68	110.68	110.68
Additional Paid-In Capital	333.29	333.29	333.29	333.29	333.29	333.29
Retained Earnings	1,275	1,205	1,068	969.33	794.67	827.19
Comprehensive Income & Other	2.73	2.6	2.87	4.82	5.08	4.59
Shareholders' Equity	1,722	1,652	1,515	1,418	1,244	1,276
Total Liabilities & Equity	1,978	1,952	1,857	1,812	1,478	1,491
Total Debt	13.68	14.03	15.41	3.39	3.46	3.52
Net Cash (Debt)	215.84	472.85	442.08	408.21	416.59	511.59
Net Cash Growth	-0.96%	6.96%	8.30%	-2.01%	-18.57%	-6.50%
Net Cash Per Share	1.95	4.27	3.99	3.69	3.65	4.65
Filing Date Shares Outstanding	110.67	110.68	110.68	110.68	110.68	110.68
Total Common Shares Outstanding	110.67	110.68	110.68	110.68	110.68	110.68
Working Capital	395.25	401.25	165.07	55.67	233.6	364.67
Book Value Per Share	15.56	14.93	13.69	12.81	11.24	11.53
Tangible Book Value	1,507	1,435	1,305	1,201	1,021	1,112
Tangible Book Value Per Share	13.61	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.