SHA:603275 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	451.13	638.68	749.07	1,061	51.39	1.5
Trading Asset Securities	1,800	1,575	1,412	1,066	277.52	279.14
Cash & Short-Term Investments	2,251	2,214	2,161	2,127	328.9	280.63
Cash Growth	3.60%	2.47%	1.59%	546.69%	17.20%	51.51%
Accounts Receivable	555.13	483.51	404.96	340.58	264.96	283.28
Other Receivables	1.28	1.99	0.81	0.73	0.13	-
Receivables	556.41	485.5	405.77	341.31	265.09	283.28
Inventory	250.04	203.41	159.6	160.67	156.52	195.53
Prepaid Expenses	-	-	-	-	0.03	-
Other Current Assets	23.48	16.32	16.18	18.76	2.15	4.76
Total Current Assets	3,081	2,919	2,742	2,648	752.7	764.2
Property, Plant & Equipment	373.7	370.55	309.44	238.14	137.23	65.08
Long-Term Investments	16.15	4.77	4.08	3.78	3.66	0.41
Goodwill	16.62	16.62	-	-	-	-
Other Intangible Assets	56.55	58.18	55.45	57.33	59.33	44.61
Long-Term Deferred Tax Assets	19.79	19	10.2	7.96	6.81	6.67
Long-Term Deferred Charges	13.34	11.9	6.17	0.86	0.24	0.66
Other Long-Term Assets	6.26	6.39	3.26	6.2	3.33	20
Total Assets	3,584	3,407	3,131	2,962	963.31	901.63

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	239.46	175.52	138.71	137.85	105.05	138.27
Accrued Expenses	34.74	42.98	25.09	20.9	16.69	15.91
Short-Term Debt	59.65	32.96	2.47	-	16.67	-
Current Portion of Leases	0.66	1.08	0.39	-	-	-
Current Income Taxes Payable	5.12	5.67	8.74	8.43	4.43	3.02
Current Unearned Revenue	5.88	6.1	4.51	2.28	3.51	5.79
Other Current Liabilities	130.4	127.87	114.7	126.74	77.57	136.41
Total Current Liabilities	475.91	392.18	294.61	296.2	223.92	299.4
Long-Term Debt	-	-	-	-	-	9.26
Long-Term Leases	0.61	0.72	1.75	-	-	-
Long-Term Unearned Revenue	3.3	3.32	5.71	2.45	-	2
Long-Term Deferred Tax Liabilities	0.79	0.76	0.06	0.04	0.06	0.06
Other Long-Term Liabilities	15.85	16.14	15.33	14.6	12.57	15.07
Total Liabilities	496.46	413.11	317.46	313.3	236.55	325.8

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	148.77	148.77	148.77	148.77	111.58	111.58
Additional Paid-In Capital	1,952	1,947	1,942	1,940	247.49	243.75
Retained Earnings	977.93	898.21	743.5	559.52	367.32	216.96
Treasury Stock	-25.15	-24.94	-24.23	-	-	-
Comprehensive Income & Other	1.61	0.75	0.36	0.25	0.37	0.35
Total Common Equity	3,055	2,970	2,811	2,649	726.75	572.64
Minority Interest	31.9	23.55	2.63	-	-	3.18
Shareholders' Equity	3,087	2,994	2,813	2,649	726.75	575.82
Total Liabilities & Equity	3,584	3,407	3,131	2,962	963.31	901.63

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	60.92	34.76	4.61	-	16.67	9.26
Net Cash (Debt)	2,190	2,179	2,156	2,127	312.24	271.37
Net Cash Growth	2.56%	1.07%	1.37%	581.21%	15.06%	68.91%
Net Cash Per Share	14.85	14.70	14.55	17.15	2.80	2.44
Filing Date Shares Outstanding	148.38	148.38	147.87	148.73	111.58	111.58
Total Common Shares Outstanding	148.38	148.38	147.87	148.77	111.58	111.58
Working Capital	2,605	2,527	2,448	2,352	528.78	464.8
Book Value Per Share	20.59	20.02	19.01	17.80	6.51	5.13
Tangible Book Value	2,982	2,895	2,755	2,591	667.42	528.03
Tangible Book Value Per Share	20.10	19.51	18.63	17.42	5.98	4.73
Buildings	290.77	290.89	193.36	93.96	93.96	93.96
Machinery	90.57	77.56	32.61	25.73	15.99	16.8
Construction In Progress	88.73	86.53	150.01	177.18	80.02	2.15