SHA:603280 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	503.76	415.19	404.74	501.56	403.5	225.8
Trading Asset Securities	450.83	558.34	404.46	425.12	517.84	167.05
Cash & Short-Term Investments	954.59	973.53	809.2	926.68	921.34	392.85
Cash Growth	8.77%	20.31%	-12.68%	0.58%	134.53%	6.04%
Accounts Receivable	285.19	317.23	332.86	267.53	259.37	224.74
Other Receivables	20.18	8.31	9.2	5.17	7.32	7.99
Receivables	305.37	325.54	342.05	272.71	266.69	232.73
Inventory	670.27	635.37	615.4	638.45	644.58	790.24
Other Current Assets	178.86	159.44	57.68	50.07	48.9	47.94
Total Current Assets	2,109	2,094	1,824	1,888	1,882	1,464
Property, Plant & Equipment	92.28	95.98	102.06	89.03	78.13	83.11
Long-Term Investments	-	-	81.36	-	-	-
Other Intangible Assets	27.24	27.72	28.95	27.83	28.2	25.6
Long-Term Accounts Receivable	-	-	4.87	3.84	8.95	3.72
Long-Term Deferred Tax Assets	4.35	5	3.65	4.85	6.51	8.4
Long-Term Deferred Charges	0.24	0.27	0.24	0.13	0.43	0.62
Other Long-Term Assets	8.75	9.1	1.2	3.31	0.64	5.37
Total Assets	2,242	2,232	2,047	2,017	2,004	1,591
Accounts Payable	197.65	202.73	204.72	253.84	237.24	290.34
Accrued Expenses	21.28	39.26	124.37	122.26	135.29	145.27
Current Portion of Long-Term Debt	4.96	4.94	-	-	-	-
Current Portion of Leases	-	-	3.95	3.24	1.29	1.15
Current Income Taxes Payable	12.17	7.4	2.53	5.32	0.83	7.03
Current Unearned Revenue	497.29	471.18	369.03	335.57	394.95	554.06
Other Current Liabilities	110.68	118.7	25.38	29.11	56.4	82.38
Total Current Liabilities	844.03	844.22	729.99	749.34	825.99	1,080
Long-Term Leases	1.46	2.54	-	3.44	0.96	0.77
Long-Term Unearned Revenue	8.16	7.83	1.31	2.05	1.14	1.27
Long-Term Deferred Tax Liabilities	-	-	0.34	-	1.39	0.33
Other Long-Term Liabilities	1.23	1.89	6.04	7.87	7.59	8.16
Total Liabilities	854.88	856.47	737.68	762.7	837.07	1,091
Common Stock	108.41	108.41	108.41	108.41	108.41	81.31
Additional Paid-In Capital	666.06	666.06	666.06	666.06	666.06	141.9
Retained Earnings	596.65	585.43	518.94	465.01	379.28	264.86
Comprehensive Income & Other	15.96	15.58	15.57	14.72	13.55	11.73
Total Common Equity	1,387	1,375	1,309	1,254	1,167	499.81
Shareholders' Equity	1,387	1,375	1,309	1,254	1,167	499.81
Total Liabilities & Equity	2,242	2,232	2,047	2,017	2,004	1,591
Total Debt	6.41	7.48	3.95	6.68	2.25	1.92
Net Cash (Debt)	948.18	966.05	805.24	920	919.09	390.93
Net Cash Growth	8.17%	19.97%	-12.47%	0.10%	135.11%	5.52%
Net Cash Per Share	8.62	8.88	7.45	8.48	11.01	4.80
Filing Date Shares Outstanding	112.14	109.95	108.41	108.41	108.41	81.31
Total Common Shares Outstanding	112.14	109.95	108.41	108.41	108.41	81.31
Working Capital	1,265	1,250	1,094	1,139	1,056	383.52
Book Value Per Share	12.37	12.51	12.07	11.57	10.77	6.15
Tangible Book Value	1,360	1,348	1,280	1,226	1,139	474.21
Tangible Book Value Per Share	12.13	12.26	11.81	11.31	10.51	5.83
Buildings	-	-	88.2	85.76	83.38	83.38
Machinery	-	-	160.38	139.79	132.57	127.28
Construction In Progress	-	-	10.27	5.45	0.45	0.04

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