SHA:603270 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	282.05	145.92	280.54	586.5	213.36	236.61
Short-Term Investments	-	1.83	1.88	-	-	4.1
Trading Asset Securities	-	30.05	230.46	449.04	-	-
Cash & Short-Term Investments	282.05	177.8	512.88	1,036	213.36	240.71
Cash Growth	-40.71%	-65.33%	-50.47%	385.35%	-11.36%	103.64%
Accounts Receivable	1,297	1,126	693.59	447.7	410.82	374.08
Other Receivables	6.78	0.69	1.26	1.88	4.4	2.6
Receivables	1,304	1,127	694.84	449.59	415.21	376.69
Inventory	724.74	666.72	428.01	343.03	284.33	242.51
Prepaid Expenses	-	0.02	0.64	1.29	1.04	1.79
Other Current Assets	237.65	217.82	98.08	50.21	55.34	29.6
Total Current Assets	2,549	2,189	1,734	1,880	969.28	891.29
Property, Plant & Equipment	2,438	2,164	1,201	829.56	719.1	502.25
Other Intangible Assets	289.76	292.25	226.56	124.32	105.96	108.06
Long-Term Deferred Tax Assets	81.75	75.13	45.29	36.39	31.42	14.86
Long-Term Deferred Charges	20.88	20.71	10.09	8.37	11.33	7.01
Other Long-Term Assets	323.66	159.48	77.4	42.92	37.12	38.06
Total Assets	5,724	4,901	3,294	2,921	1,874	1,562
Accounts Payable	1,021	870.25	407.01	271.29	289.8	189.65
Accrued Expenses	75.67	83.22	79.46	65.07	59.56	51.95
Short-Term Debt	1,403	1,029	257.74	42.61	274.16	135.81
Current Portion of Long-Term Debt	193.85	166.54	6	22	20	20
Current Portion of Leases	-	2.46	4.64	1.97	1.09	0.4
Current Income Taxes Payable	17.72	8.65	12.49	9.8	7.79	2.52
Current Unearned Revenue	14.06	4.92	8.63	9.22	4.85	6.35
Other Current Liabilities	269.8	181.36	89.35	69.25	72.23	88.42
Total Current Liabilities	2,995	2,347	865.31	491.21	729.48	495.12
Long-Term Debt	236.96	100.22	130.1	133.11	62.12	75.13
Long-Term Leases	75.83	76.47	5.01	22.85	43.12	57.76
Long-Term Unearned Revenue	38.41	39.84	44.48	38.97	26.93	21.09
Long-Term Deferred Tax Liabilities	49.98	46.92	27.47	26.09	26.67	23.51
Other Long-Term Liabilities	30.01	30.02	66.02	71.54	78.33	76.29
Total Liabilities	3,427	2,640	1,138	783.78	966.64	748.89
Common Stock	219.11	219.11	219.11	219.11	164.33	164.33
Additional Paid-In Capital	1,434	1,434	1,432	1,429	390.43	387.91
Retained Earnings	641.63	599.79	507.39	484.53	352.08	258.3
Comprehensive Income & Other	2.19	6.98	-5.16	-0.64	-0.53	0.1
Total Common Equity	2,297	2,260	2,153	2,132	906.31	810.64
Minority Interest	-0.16	0.71	2.98	5.6	1.25	1.99
Shareholders' Equity	2,297	2,261	2,156	2,137	907.56	812.64
Total Liabilities & Equity	5,724	4,901	3,294	2,921	1,874	1,562
Total Debt	1,910	1,375	403.5	222.54	400.49	289.1
Net Cash (Debt)	-1,628	-1,197	109.38	812.99	-187.13	-48.39
Net Cash Growth	-	-	-86.55%	-	-	-
Net Cash Per Share	-7.36	-5.45	0.49	4.54	-1.14	-0.33
Filing Date Shares Outstanding	219.11	219.11	219.11	219.11	164.33	164.33
Total Common Shares Outstanding	219.11	219.11	219.11	219.11	164.33	164.33
Working Capital	-446.73	-157.63	869.14	1,388	239.8	396.18
Book Value Per Share	10.49	10.31	9.83	9.73	5.52	4.93
Tangible Book Value	2,008	1,968	1,926	2,008	800.36	702.59
Tangible Book Value Per Share	9.16	8.98	8.79	9.16	4.87	4.28
Buildings	-	341.24	194.23	192.85	156.74	129.48
Machinery	-	1,575	1,051	804.29	661.74	469.25
Construction In Progress	-	687.94	331.67	112.45	102.3	47.65