SHA:603272 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	133.36	145.97	133.02	209.05	301.57	140.29
Trading Asset Securities	9.48	19.45	38.3	31.23	-	-
Cash & Short-Term Investments	142.84	165.43	171.32	240.28	301.57	140.29
Cash Growth	1.30%	-3.44%	-28.70%	-20.32%	114.96%	14.69%
Accounts Receivable	44.39	41.03	70.06	3.76	3.66	0.11
Other Receivables	5.06	2.69	-	-	0.08	-
Receivables	49.45	43.71	70.06	3.76	3.73	0.11
Inventory	49.9	50.88	54.24	58.9	72.38	61.29
Other Current Assets	22.91	20.81	5.07	3.3	6.2	1.05
Total Current Assets	265.1	280.82	300.67	306.25	383.88	202.74
Property, Plant & Equipment	307.02	307.57	330.06	339.73	266.91	140.01
Long-Term Investments	1.5	1.5	18.5	19.54	-	-
Goodwill	-	-	2.89	2.89	5.04	-
Other Intangible Assets	48.96	49.45	50.88	50.71	52.46	53.63
Long-Term Deferred Tax Assets	3.5	3.53	3.28	2.96	0.98	1.79
Long-Term Deferred Charges	11.57	12.16	14.5	17.37	18.21	20.18
Other Long-Term Assets	1.61	1.5	1.93	2.67	2.36	2.11
Total Assets	639.27	656.52	722.74	742.12	729.86	420.45
Accounts Payable	60.88	69.11	77.22	63.82	31.84	30.77
Accrued Expenses	2.72	3.4	15.83	5.53	7.76	10.74
Short-Term Debt	5.75	5.65	30.02	-	-	-
Current Portion of Long-Term Debt	0.37	0.38	-	-	-	-
Current Portion of Leases	-	-	0.29	1.08	-	-
Current Income Taxes Payable	1.14	7.77	1.94	-	1.54	4.11
Current Unearned Revenue	11.36	9.26	8.71	16.15	11.79	9.14
Other Current Liabilities	12.76	10.77	15.92	27.3	25.07	31.2
Total Current Liabilities	94.98	106.35	149.94	113.88	78	85.95
Long-Term Leases	1.99	2.11	2.42	2.73	-	-
Long-Term Unearned Revenue	3.38	3.42	2.68	2.69	-	-
Long-Term Deferred Tax Liabilities	0.02	0.01	0	0.01	-	-
Other Long-Term Liabilities	0.39	0.34	0.89	0.21	0.24	0.42
Total Liabilities	100.77	112.23	155.93	119.52	78.24	86.37
Common Stock	103.63	103.63	103.63	103.63	103.63	77.72
Additional Paid-In Capital	345.86	345.86	345.53	345.37	345.37	59.29
Retained Earnings	141.83	147.41	168.77	173.42	202.25	197.07
Treasury Stock	-52.5	-52.5	-51.6	-	-	-
Total Common Equity	538.82	544.39	566.32	622.42	651.25	334.08
Minority Interest	-0.31	-0.1	0.49	0.18	0.36	-
Shareholders' Equity	538.5	544.29	566.81	622.6	651.61	334.08
Total Liabilities & Equity	639.27	656.52	722.74	742.12	729.86	420.45
Total Debt	8.11	8.13	32.73	3.8	-	-
Net Cash (Debt)	134.73	157.3	138.58	236.48	301.57	140.29
Net Cash Growth	9.65%	13.50%	-41.40%	-21.58%	114.96%	14.69%
Net Cash Per Share	1.42	1.65	1.40	2.31	3.24	1.80
Filing Date Shares Outstanding	92.95	52.5	99.2	103.63	103.63	77.72
Total Common Shares Outstanding	92.95	52.5	99.2	103.63	103.63	77.72
Working Capital	170.13	174.47	150.74	192.37	305.89	116.79
Book Value Per Share	5.80	10.37	5.71	6.01	6.28	4.30
Tangible Book Value	489.86	494.95	512.54	568.82	593.75	280.45
Tangible Book Value Per Share	5.27	9.43	5.17	5.49	5.73	3.61
Buildings	-	-	298.78	102.1	102.1	102.1
Machinery	-	-	76.44	71.61	57.74	55.07
Construction In Progress	-	-	7.67	202.89	138.87	7.52

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