SHA:603248 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	395.56	799.43	224.2	222.77	161.93	237.49
Trading Asset Securities	560.06	500	-	-	1.42	27
Cash & Short-Term Investments	955.62	1,299	224.2	222.77	163.34	264.49
Cash Growth	326.24%	479.59%	0.64%	36.38%	-38.24%	192.22%
Accounts Receivable	707.24	589.48	346.58	282.47	271.21	273.2
Other Receivables	1.05	0.01	72.96	98.98	82.83	30.09
Receivables	708.29	589.49	419.54	381.45	354.04	318.13
Inventory	149.05	138.6	136.18	90.17	126.34	109.71
Other Current Assets	10.09	17.12	24.38	13.25	21.78	11.84
Total Current Assets	1,823	2,045	804.3	707.65	665.5	704.16
Property, Plant & Equipment	813.17	820.69	712.08	505.35	404.9	259.95
Other Intangible Assets	200.15	201.5	132.66	134.44	136.85	56.16
Long-Term Deferred Tax Assets	4.69	4.94	4.86	4.14	6.88	4.49
Long-Term Deferred Charges	2.17	2.34	2.84	1.69	0.61	0.65
Other Long-Term Assets	81.45	73.58	22.09	60.74	41.72	37.81
Total Assets	2,925	3,148	1,679	1,414	1,256	1,063
Accounts Payable	199.72	233.11	194.81	169.67	227.09	258.34
Accrued Expenses	20.53	19.74	25.39	15.92	19.77	15.16
Short-Term Debt	175.1	265.13	100.06	80.07	46.26	39.95
Current Portion of Long-Term Debt	11.11	36.49	3.88	0.02	1.23	-
Current Portion of Leases	-	-	0.36	0.83	1.57	0.96
Current Income Taxes Payable	17.95	18.67	11.1	10.58	14.91	17.25
Current Unearned Revenue	3.58	4.3	7.35	7.91	6.03	3
Other Current Liabilities	27.34	20.25	34.3	27.88	30.97	2.77
Total Current Liabilities	455.34	597.68	377.26	312.88	347.82	337.43
Long-Term Debt	80.09	183.6	72.6	24.41	25.6	-
Long-Term Leases	0.08	0.12	0.36	0.02	0.79	0.21
Long-Term Unearned Revenue	22.28	22.87	24.96	26.95	21.13	8.16
Long-Term Deferred Tax Liabilities	30.86	31.99	25.58	24.08	25.09	20.72
Total Liabilities	588.66	836.26	500.74	388.34	420.44	366.52
Common Stock	460	460	360	360	360	3
Additional Paid-In Capital	1,023	1,021	187.62	177.19	164.2	74.29
Retained Earnings	860.52	831.68	630.36	488.43	311.78	579.41
Comprehensive Income & Other	-7.56	-1.01	0.12	0.06	0.05	0.04
Total Common Equity	2,336	2,311	1,178	1,026	836.02	656.75
Minority Interest	-	-	-	-	-	39.95
Shareholders' Equity	2,336	2,311	1,178	1,026	836.02	696.7
Total Liabilities & Equity	2,925	3,148	1,679	1,414	1,256	1,063
Total Debt	266.38	485.33	177.26	105.34	75.44	41.12
Net Cash (Debt)	689.24	814.1	46.94	117.42	87.9	223.36
Net Cash Growth	1368.29%	1634.28%	-60.02%	33.59%	-60.65%	195.53%
Net Cash Per Share	1.75	2.26	0.13	0.33	0.24	-
Filing Date Shares Outstanding	480.58	360.92	360	360.51	360	-
Total Common Shares Outstanding	480.58	360.92	360	360.51	360	-
Working Capital	1,368	1,447	427.05	394.76	317.68	366.73
Book Value Per Share	4.86	6.40	3.27	2.85	2.32	-
Tangible Book Value	2,136	2,110	1,045	891.23	699.17	600.59
Tangible Book Value Per Share	4.44	5.85	2.90	2.47	1.94	-
Buildings	-	-	167.48	140.28	120.32	97.95
Machinery	-	-	660.82	471.27	403.15	313.66
Construction In Progress	-	-	176.16	134.22	74.09	8.96

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