SHA:603261 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	36.26	111.47	138.11	189.02	338.43	220.92
Trading Asset Securities	0.36	0.2	-	-	-	-
Cash & Short-Term Investments	36.63	111.67	138.11	189.02	338.43	220.92
Cash Growth	-8.25%	-19.14%	-26.94%	-44.15%	53.19%	23.21%
Accounts Receivable	336.37	336.72	337.48	361.01	382.71	244.24
Other Receivables	3.61	3.15	4.47	4.38	2.54	-
Receivables	339.97	339.87	341.95	365.39	385.25	244.24
Inventory	145.08	139.83	220.29	157.73	143.42	102.4
Prepaid Expenses	-	-	0.04	0.77	0.7	0.97
Other Current Assets	36.09	26.48	25.61	23.1	32.25	19.88
Total Current Assets	557.78	617.84	726	736.01	900.04	588.41
Property, Plant & Equipment	290.04	297.67	315.73	252.41	165.61	74.63
Other Intangible Assets	31.79	32.07	33.67	34.87	34.72	33.34
Long-Term Deferred Tax Assets	38.65	38.58	38.51	23.28	17.84	10.25
Long-Term Deferred Charges	15.1	16.39	19.92	24.27	14.98	2.74
Other Long-Term Assets	4.19	4.75	20.54	21.4	51.28	21.69
Total Assets	937.56	1,007	1,154	1,092	1,184	731.05
Accounts Payable	223.28	266.47	196.2	125	106.33	94.43
Accrued Expenses	19.36	29.36	34.18	31.42	61.39	37.19
Short-Term Debt	103	98.04	94.56	43.69	31.28	51.79
Current Portion of Long-Term Debt	23.21	23.15	-	-	-	-
Current Portion of Leases	-	-	18.63	8.84	8.07	-
Current Income Taxes Payable	3.39	11.77	1.09	1.26	24	12.12
Current Unearned Revenue	9.22	13.94	28.56	1.95	1.63	5.98
Other Current Liabilities	15.72	9.12	16.16	22.37	36.39	0.13
Total Current Liabilities	397.17	451.85	389.38	234.54	269.09	201.63
Long-Term Leases	21.65	23.9	23.5	37.23	39.64	5.01
Long-Term Unearned Revenue	5.17	5.31	5.96	2.85	0.25	0.25
Other Long-Term Liabilities	-	-	1.53	1.53	-	-
Total Liabilities	423.99	481.07	420.37	276.15	308.98	206.89
Common Stock	77.51	77.51	77.91	78.32	78.43	57.71
Additional Paid-In Capital	519.35	519.35	528.76	538.66	536.41	183.62
Retained Earnings	-107.3	-95.17	112.94	206.87	285.77	272.23
Treasury Stock	-	-	-9.82	-19.85	-35.99	-
Comprehensive Income & Other	10.3	10.21	10.81	12.09	10.87	10.61
Total Common Equity	499.85	511.9	720.6	816.09	875.49	524.17
Minority Interest	13.73	14.33	13.4	-	-	-
Shareholders' Equity	513.57	526.23	734	816.09	875.49	524.17
Total Liabilities & Equity	937.56	1,007	1,154	1,092	1,184	731.05
Total Debt	147.86	145.1	136.69	89.77	78.99	56.79
Net Cash (Debt)	-111.23	-33.43	1.42	99.26	259.44	164.12
Net Cash Growth	-	-	-98.57%	-61.74%	58.07%	-3.06%
Net Cash Per Share	-1.40	-0.43	0.02	1.29	3.55	2.84
Filing Date Shares Outstanding	75.85	78.07	77.91	78.32	78.43	57.71
Total Common Shares Outstanding	75.85	78.07	77.91	78.32	78.43	57.71
Working Capital	160.61	165.99	336.62	501.47	630.95	386.78
Book Value Per Share	6.59	6.56	9.25	10.42	11.16	9.08
Tangible Book Value	468.06	479.83	686.93	781.22	840.77	490.83
Tangible Book Value Per Share	6.17	6.15	8.82	9.97	10.72	8.50
Buildings	-	-	85.16	48.01	48.01	46.48
Machinery	-	-	143.64	130.31	83.3	34.35
Construction In Progress	-	-	104.67	68.74	13.39	4.84

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