SHA:603239 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	55.37	142.07	107.58	105.66	21.03	149.54
Short-Term Investments	-	-	-	22.21	-	-
Trading Asset Securities	-	-	-	44.39	63.59	51.01
Cash & Short-Term Investments	55.37	142.07	107.58	172.26	84.62	200.55
Cash Growth	92.29%	32.06%	-37.55%	103.56%	-57.81%	20.16%
Accounts Receivable	738.4	745.84	629.23	521.41	466.69	529.48
Other Receivables	2.2	3.03	3.65	2.74	2.04	3.36
Receivables	740.6	748.87	632.88	524.15	468.73	532.84
Inventory	267.34	290.14	237.01	197.53	177.34	168.94
Other Current Assets	11.59	2.56	7.74	4.9	5.61	6.81
Total Current Assets	1,075	1,184	985.21	898.84	736.31	909.14
Property, Plant & Equipment	533.29	538.4	494.02	489.8	444.21	427.74
Long-Term Investments	39.04	39.31	-	-	-	-
Other Intangible Assets	62.09	28	28.74	30.05	30.53	29.7
Long-Term Deferred Tax Assets	0.76	0.74	0.62	0.55	0.44	10.31
Long-Term Deferred Charges	10.68	10.29	5.69	5.42	6.96	8.04
Other Long-Term Assets	1.71	2.08	5.96	5.37	38.7	23.89
Total Assets	1,722	1,802	1,520	1,430	1,257	1,409
Accounts Payable	242.64	350.65	257.78	277.76	195.15	212.15
Accrued Expenses	49.08	69.82	61.02	50.2	40.74	43.01
Short-Term Debt	-	-	0.15	-	-	121.03
Current Portion of Long-Term Debt	0.22	-	-	-	-	-
Current Portion of Leases	-	0.37	0.29	0.36	0.19	0.38
Current Income Taxes Payable	12.44	13.44	15.03	6.12	0.74	-
Current Unearned Revenue	1.66	3.27	3.99	3.61	1.08	0.67
Other Current Liabilities	0.73	3.74	2.99	1.31	0.53	0.81
Total Current Liabilities	306.77	441.28	341.26	339.35	238.44	378.05
Long-Term Leases	0.07	0.07	0.31	0.39	0.52	0.59
Long-Term Unearned Revenue	3.54	2.28	1.7	1.92	2.07	2.44
Long-Term Deferred Tax Liabilities	26.31	23.17	17.86	15.57	10.19	12.65
Total Liabilities	336.69	466.8	361.12	357.23	251.22	393.73
Common Stock	270.72	270.72	270.72	270.72	270.72	270.72
Additional Paid-In Capital	302.27	302.27	301.1	301.1	301.1	301.1
Retained Earnings	797.75	752.87	587.31	500.99	434.11	443.27
Total Common Equity	1,376	1,326	1,159	1,073	1,006	1,015
Minority Interest	9.7	9.8	-	-	-	-
Shareholders' Equity	1,386	1,336	1,159	1,073	1,006	1,015
Total Liabilities & Equity	1,722	1,802	1,520	1,430	1,257	1,409
Total Debt	0.28	0.44	0.75	0.75	0.71	122
Net Cash (Debt)	55.09	141.63	106.83	171.51	83.91	78.56
Net Cash Growth	94.33%	32.58%	-37.71%	104.40%	6.81%	-52.93%
Net Cash Per Share	0.20	0.52	0.39	0.64	0.31	0.29
Filing Date Shares Outstanding	272.71	270.72	270.72	270.72	270.72	270.72
Total Common Shares Outstanding	272.71	270.72	270.72	270.72	270.72	270.72
Working Capital	768.13	742.36	643.96	559.48	497.87	531.09
Book Value Per Share	5.05	4.90	4.28	3.96	3.72	3.75
Tangible Book Value	1,314	1,298	1,130	1,043	975.39	985.39
Tangible Book Value Per Share	4.82	4.79	4.18	3.85	3.60	3.64
Buildings	-	269.3	269.11	269.11	255.5	254.09
Machinery	-	648.9	543.82	494.65	401.99	377.15
Construction In Progress	-	50.21	62.33	56.34	70.24	41.47

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