SHA:603273 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	461.21	439.02	327.44	510.15	346.08	325.68
Short-Term Investments	-	-	0.43	3.52	0.03	-
Trading Asset Securities	204.02	198.64	490.97	331.3	-	-
Cash & Short-Term Investments	665.23	637.66	818.85	844.97	346.11	325.68
Cash Growth	-14.16%	-22.13%	-3.09%	144.13%	6.27%	-21.03%
Accounts Receivable	182.83	195.23	221.69	246.33	217.25	206.67
Other Receivables	3.77	3.48	-	-	0.25	3.08
Receivables	186.6	198.71	221.69	246.33	217.5	209.75
Inventory	178.34	154.77	176.78	152.87	195.54	459.65
Other Current Assets	20.17	13.35	18.59	10.05	29.25	31.76
Total Current Assets	1,050	1,004	1,236	1,254	788.41	1,027
Property, Plant & Equipment	87.19	89.18	87.2	75.1	95.75	100.39
Long-Term Investments	98.43	92.96	4.16	5.14	6.57	9.73
Other Intangible Assets	24.64	25.24	28.15	16.38	19.04	26.81
Long-Term Deferred Tax Assets	4.41	5.03	5.53	5.57	5.47	5.45
Long-Term Deferred Charges	7.23	8.18	9.28	11.38	7.62	6.91
Other Long-Term Assets	50.83	51.42	55.25	62.23	52.94	8.89
Total Assets	1,323	1,277	1,425	1,430	975.8	1,185
Accounts Payable	263.15	259.67	425.67	415.08	376.9	365.98
Accrued Expenses	4.97	10.41	11.77	28.48	20.63	23.91
Short-Term Debt	-	-	-	-	5.01	10.01
Current Portion of Leases	-	-	0.51	-	-	-
Current Income Taxes Payable	1.78	5.14	2.59	3.88	4.99	4.5
Current Unearned Revenue	142.26	93.63	77.46	69.63	156.11	430.78
Other Current Liabilities	15.72	14.01	23.88	43.99	54.47	68.24
Total Current Liabilities	427.89	382.86	541.88	561.05	618.1	903.43
Long-Term Unearned Revenue	1.27	1.33	1.57	1.81	2.05	2.21
Long-Term Deferred Tax Liabilities	-	-	1.15	1.16	1.07	0
Other Long-Term Liabilities	0.3	0.92	3.05	7.06	9.19	10.64
Total Liabilities	429.46	385.11	547.65	571.08	630.41	916.29
Common Stock	214.31	214.31	214.31	214.31	160.74	160.74
Additional Paid-In Capital	409.83	409.7	408.96	407.31	8.39	6.73
Retained Earnings	263.21	259.98	246.32	236.45	176.06	101.87
Comprehensive Income & Other	-0.12	0.66	1.8	0.87	0.2	-0.6
Total Common Equity	887.24	884.65	871.4	858.94	345.39	268.73
Minority Interest	6.37	6.75	6.45	-	-	-
Shareholders' Equity	893.61	891.4	877.85	858.94	345.39	268.73
Total Liabilities & Equity	1,323	1,277	1,425	1,430	975.8	1,185
Total Debt	-	-	0.51	-	5.01	10.01
Net Cash (Debt)	665.23	637.66	818.34	844.97	341.11	315.67
Net Cash Growth	-14.11%	-22.08%	-3.15%	147.72%	8.06%	-21.55%
Net Cash Per Share	3.18	3.01	3.80	5.04	2.11	1.98
Filing Date Shares Outstanding	246.64	197.22	214.31	214.31	160.74	160.74
Total Common Shares Outstanding	246.64	197.22	214.31	214.31	160.74	160.74
Working Capital	622.46	621.63	694.03	693.18	170.31	123.42
Book Value Per Share	3.60	4.49	4.07	4.01	2.15	1.67
Tangible Book Value	862.6	859.4	843.24	842.56	326.35	241.93
Tangible Book Value Per Share	3.50	4.36	3.93	3.93	2.03	1.51
Buildings	-	-	109.47	102.26	112.93	95.6
Machinery	-	-	138.99	123.95	122.78	113.94
Construction In Progress	-	-	1.16	2.32	2.83	25.25

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