SHA:603275 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	585.51	638.68	749.07	1,061	51.39	1.5
Trading Asset Securities	1,623	1,575	1,412	1,066	277.52	279.14
Cash & Short-Term Investments	2,208	2,214	2,161	2,127	328.9	280.63
Cash Growth	1.17%	2.47%	1.59%	546.69%	17.20%	51.51%
Accounts Receivable	506.9	483.51	404.96	340.58	264.96	283.28
Other Receivables	2.08	1.99	0.81	0.73	0.13	-
Receivables	508.98	485.5	405.77	341.31	265.09	283.28
Inventory	222.64	203.41	159.6	160.67	156.52	195.53
Prepaid Expenses	-	-	-	-	0.03	-
Other Current Assets	18.83	16.32	16.18	18.76	2.15	4.76
Total Current Assets	2,959	2,919	2,742	2,648	752.7	764.2
Property, Plant & Equipment	371.13	370.55	309.44	238.14	137.23	65.08
Long-Term Investments	15.71	4.77	4.08	3.78	3.66	0.41
Goodwill	16.62	16.62	-	-	-	-
Other Intangible Assets	57.3	58.18	55.45	57.33	59.33	44.61
Long-Term Deferred Tax Assets	21.34	19	10.2	7.96	6.81	6.67
Long-Term Deferred Charges	13.44	11.9	6.17	0.86	0.24	0.66
Other Long-Term Assets	9.02	6.39	3.26	6.2	3.33	20
Total Assets	3,463	3,407	3,131	2,962	963.31	901.63
Accounts Payable	247.47	175.52	138.71	137.85	105.05	138.27
Accrued Expenses	10.89	42.98	25.09	20.9	16.69	15.91
Short-Term Debt	40.83	32.96	2.47	-	16.67	-
Current Portion of Leases	0.84	1.08	0.39	-	-	-
Current Income Taxes Payable	12.48	5.67	8.74	8.43	4.43	3.02
Current Unearned Revenue	6.35	6.1	4.51	2.28	3.51	5.79
Other Current Liabilities	80.65	127.87	114.7	126.74	77.57	136.41
Total Current Liabilities	399.51	392.18	294.61	296.2	223.92	299.4
Long-Term Debt	-	-	-	-	-	9.26
Long-Term Leases	0.91	0.72	1.75	-	-	-
Long-Term Unearned Revenue	3.31	3.32	5.71	2.45	-	2
Long-Term Deferred Tax Liabilities	3.58	0.76	0.06	0.04	0.06	0.06
Other Long-Term Liabilities	14.5	16.14	15.33	14.6	12.57	15.07
Total Liabilities	421.81	413.11	317.46	313.3	236.55	325.8
Common Stock	148.77	148.77	148.77	148.77	111.58	111.58
Additional Paid-In Capital	1,950	1,947	1,942	1,940	247.49	243.75
Retained Earnings	942.8	898.21	743.5	559.52	367.32	216.96
Treasury Stock	-25.15	-24.94	-24.23	-	-	-
Comprehensive Income & Other	1.25	0.75	0.36	0.25	0.37	0.35
Total Common Equity	3,017	2,970	2,811	2,649	726.75	572.64
Minority Interest	23.99	23.55	2.63	-	-	3.18
Shareholders' Equity	3,041	2,994	2,813	2,649	726.75	575.82
Total Liabilities & Equity	3,463	3,407	3,131	2,962	963.31	901.63
Total Debt	42.57	34.76	4.61	-	16.67	9.26
Net Cash (Debt)	2,166	2,179	2,156	2,127	312.24	271.37
Net Cash Growth	-0.43%	1.07%	1.37%	581.21%	15.06%	68.91%
Net Cash Per Share	14.58	14.70	14.55	17.15	2.80	2.44
Filing Date Shares Outstanding	151.1	148.38	147.87	148.73	111.58	111.58
Total Common Shares Outstanding	151.1	148.38	147.87	148.77	111.58	111.58
Working Capital	2,559	2,527	2,448	2,352	528.78	464.8
Book Value Per Share	19.97	20.02	19.01	17.80	6.51	5.13
Tangible Book Value	2,944	2,895	2,755	2,591	667.42	528.03
Tangible Book Value Per Share	19.48	19.51	18.63	17.42	5.98	4.73
Buildings	-	290.89	193.36	93.96	93.96	93.96
Machinery	-	77.56	32.61	25.73	15.99	16.8
Construction In Progress	-	86.53	150.01	177.18	80.02	2.15