SHA:603276 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	207.77	266.99	194.18	310.8	93.09	54.37
Trading Asset Securities	447.82	426.2	538.97	556.52	-	17.21
Cash & Short-Term Investments	655.59	693.19	733.15	867.32	93.09	71.59
Cash Growth	-8.69%	-5.45%	-15.47%	831.72%	30.03%	-65.59%
Accounts Receivable	210.7	179.08	132.44	120.89	75.06	114.85
Other Receivables	17.15	13.52	1.73	9.42	8.14	0.1
Receivables	227.84	192.6	134.18	130.32	83.2	114.94
Inventory	178.54	161.35	167.2	148.23	113.08	75.33
Other Current Assets	33.74	28.87	32.72	39.08	36.77	82.15
Total Current Assets	1,096	1,076	1,067	1,185	326.14	344.02
Property, Plant & Equipment	666.21	657.75	639.19	612.51	606.67	571.3
Long-Term Investments	22.68	23.32	15.5	-	-	-
Other Intangible Assets	125.15	106.62	73.71	72.33	70.86	62.04
Long-Term Deferred Tax Assets	7.02	6.7	5.67	5.7	9.86	9.28
Long-Term Deferred Charges	0.27	0.28	0.32	0.37	0.42	0.46
Other Long-Term Assets	4.69	25.41	25.19	4.95	7.84	4.23
Total Assets	1,922	1,896	1,827	1,881	1,022	991.32
Accounts Payable	18.78	45.14	16.77	43.73	41.57	79.93
Accrued Expenses	4.45	6.07	13.92	16.76	17.45	14.8
Short-Term Debt	12.21	15.71	18.52	-	91.58	95.17
Current Income Taxes Payable	14.01	11.51	2.29	10.03	13.05	12.6
Current Unearned Revenue	11.32	6	4.8	5.08	16.2	8.32
Other Current Liabilities	37.7	17.78	5.22	18.11	38.76	72.89
Total Current Liabilities	98.48	102.2	61.52	93.71	218.61	283.71
Long-Term Unearned Revenue	26.03	26.44	27.01	28.1	29.63	27.73
Total Liabilities	124.51	128.64	88.53	121.82	248.23	311.45
Common Stock	207.65	207.65	207.65	160	120	120
Additional Paid-In Capital	1,103	1,100	1,113	1,160	295.11	295.11
Retained Earnings	491.06	465.14	430.6	426.97	348.89	255.62
Treasury Stock	-19.56	-19.56	-24.69	-	-	-
Comprehensive Income & Other	14.8	14.02	11.88	11.53	9.55	9.15
Shareholders' Equity	1,797	1,767	1,738	1,759	773.55	679.87
Total Liabilities & Equity	1,922	1,896	1,827	1,881	1,022	991.32
Total Debt	12.21	15.71	18.52	-	91.58	95.17
Net Cash (Debt)	643.38	677.48	714.63	867.32	1.51	-23.58
Net Cash Growth	-5.52%	-5.20%	-17.61%	57222.91%	-	-
Net Cash Per Share	3.10	3.27	3.49	5.11	0.01	-0.15
Filing Date Shares Outstanding	216.02	220.8	205.48	208	156	156
Total Common Shares Outstanding	216.02	220.8	206.33	208	156	156
Working Capital	997.23	973.81	1,006	1,091	107.53	60.3
Book Value Per Share	8.32	8.00	8.42	8.46	4.96	4.36
Tangible Book Value	1,672	1,661	1,665	1,687	702.69	617.83
Tangible Book Value Per Share	7.74	7.52	8.07	8.11	4.50	3.96
Buildings	-	-	262.34	197.17	196.56	185.42
Machinery	-	-	570.52	476.86	468.44	445.06
Construction In Progress	-	-	75.99	147.81	100.85	52

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