SHA:603215 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	256.01	422.3	500.06	315.57	204.18	158.55
Short-Term Investments	-	-	-	50.58	-	-
Trading Asset Securities	-	-	30.21	180.5	303.71	0.72
Cash & Short-Term Investments	256.01	422.3	530.27	546.65	507.89	159.27
Cash Growth	-56.06%	-20.36%	-3.00%	7.63%	218.89%	56.22%
Accounts Receivable	1,011	866.95	640.34	306.19	447.49	371.69
Other Receivables	7.87	35.75	37.47	17.09	15.28	13.6
Receivables	1,019	902.7	677.81	323.28	462.77	385.29
Inventory	410.58	408.79	289.32	169.62	176.26	282
Prepaid Expenses	-	-	7.62	6.11	3.24	4.56
Other Current Assets	181.92	109.83	57.9	22.03	13.31	12.18
Total Current Assets	1,868	1,844	1,563	1,068	1,163	843.3
Property, Plant & Equipment	1,526	1,462	865.08	340.11	252.1	223.05
Long-Term Investments	157.33	137.88	48.17	39.45	-	-
Goodwill	23.74	23.74	28.71	-	-	-
Other Intangible Assets	167.69	168.94	173.47	179.59	100.54	102.27
Long-Term Deferred Tax Assets	12.21	8.37	7.31	3.28	2.38	4.88
Long-Term Deferred Charges	0.46	0.46	0.5	0.45	-	-
Other Long-Term Assets	75.67	16.21	40.09	29.59	0.53	-
Total Assets	3,830	3,661	2,726	1,660	1,519	1,173
Accounts Payable	1,515	1,309	993.42	459.9	435.86	561.17
Accrued Expenses	16.94	25.05	36.4	35.71	31.41	26.13
Short-Term Debt	445.16	424.84	291.98	-	-	194.09
Current Portion of Long-Term Debt	0.78	41.29	-	-	-	-
Current Portion of Leases	-	-	4.22	3.44	2.7	4.11
Current Income Taxes Payable	7.74	7.48	0.92	1.51	0.04	3.43
Current Unearned Revenue	29.31	24.59	8.12	9.5	11.17	8.12
Other Current Liabilities	34.71	32.32	15.23	21.09	28.17	7.99
Total Current Liabilities	2,050	1,865	1,350	531.16	509.36	805.04
Long-Term Debt	529.1	528.79	186.31	-	-	-
Long-Term Leases	0.09	0.18	0.94	3.64	3.57	7.61
Long-Term Unearned Revenue	13.57	14.23	7.62	9.33	9.13	10.45
Long-Term Deferred Tax Liabilities	3.11	0.19	-	-	-	-
Total Liabilities	2,596	2,408	1,545	544.14	522.05	823.1
Common Stock	187.94	187.94	188.51	188.66	186.66	140
Additional Paid-In Capital	487.05	484.6	499.68	498.01	478.67	6.77
Retained Earnings	518.93	538.73	513.36	443.83	331.64	203.64
Treasury Stock	-22.26	-22.26	-38.34	-14.89	-	-
Comprehensive Income & Other	57.49	55.61	12	-	-	-
Total Common Equity	1,229	1,245	1,175	1,116	996.97	350.4
Minority Interest	5.62	8.16	5.9	0.42	-	-
Shareholders' Equity	1,235	1,253	1,181	1,116	996.97	350.4
Total Liabilities & Equity	3,830	3,661	2,726	1,660	1,519	1,173
Total Debt	975.13	995.09	483.44	7.09	6.27	205.8
Net Cash (Debt)	-719.12	-572.79	46.83	539.56	501.62	-46.53
Net Cash Growth	-	-	-91.32%	7.56%	-	-
Net Cash Per Share	-3.91	-3.09	0.25	2.89	2.82	-0.33
Filing Date Shares Outstanding	183.46	185.25	186.67	186.96	186.66	140
Total Common Shares Outstanding	183.46	185.25	186.67	186.96	186.66	140
Working Capital	-182.17	-21.14	212.64	536.54	654.11	38.26
Book Value Per Share	6.70	6.72	6.30	5.97	5.34	2.50
Tangible Book Value	1,038	1,052	973.04	936.01	896.44	248.13
Tangible Book Value Per Share	5.66	5.68	5.21	5.01	4.80	1.77
Land	-	-	45.54	-	-	-
Buildings	-	-	181.4	140.95	113.42	106.65
Machinery	-	-	328.02	243.45	212.75	154.54
Construction In Progress	-	-	477.43	67.57	-	7.22

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