SHA:603281 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	3,195	3,320	3,464	1,747	728.74
Trading Asset Securities	-	757.52	200.03	37.89	9.09
Cash & Short-Term Investments	3,195	4,078	3,664	1,785	737.83
Cash Growth	-21.65%	11.28%	105.31%	141.90%	54.78%
Accounts Receivable	269.75	325.48	320.12	418.48	517.38
Other Receivables	4.48	8.37	8.26	7.73	23.98
Receivables	274.23	333.86	328.38	426.21	541.36
Inventory	167.74	164.14	167.63	229.23	269.62
Prepaid Expenses	-	0.08	-	-	0.27
Other Current Assets	266.56	18.99	405.45	11.9	8.55
Total Current Assets	3,903	4,595	4,566	2,452	1,558
Property, Plant & Equipment	794.45	644	515.6	414.12	318.38
Other Intangible Assets	70.83	64.74	66.33	66.56	68.03
Long-Term Deferred Tax Assets	0.18	-	-	8.6	7.68
Other Long-Term Assets	471.46	8.73	14.87	6.74	1.11
Total Assets	5,240	5,312	5,163	2,948	1,953
Accounts Payable	256.65	107.9	111.78	167.71	274.07
Accrued Expenses	95.14	145.44	169.42	203.95	124.23
Short-Term Debt	-	-	-	-	58.05
Current Income Taxes Payable	14.89	18.86	20.73	52.56	72.77
Current Unearned Revenue	19.27	21.07	14.75	58.05	20.6
Other Current Liabilities	4.92	22.31	27.52	25.22	34.28
Total Current Liabilities	390.87	315.59	344.22	507.49	584.01
Long-Term Unearned Revenue	38.19	37.72	39.88	38.76	23.68
Long-Term Deferred Tax Liabilities	17.34	10.31	4.63	15.38	5.94
Total Liabilities	446.4	363.61	388.73	561.63	613.63
Common Stock	373.33	373.33	373.33	200	200
Additional Paid-In Capital	2,268	2,268	2,268	382.45	382.45
Retained Earnings	2,389	2,340	2,111	1,776	736.21
Treasury Stock	-250.06	-50.03	-	-	-
Comprehensive Income & Other	13.35	17.11	21.33	27.87	20.53
Shareholders' Equity	4,794	4,948	4,774	2,387	1,339
Total Liabilities & Equity	5,240	5,312	5,163	2,948	1,953
Total Debt	-	-	-	-	58.05
Net Cash (Debt)	3,195	4,078	3,664	1,785	679.78
Net Cash Growth	-21.65%	11.28%	105.31%	162.56%	42.60%
Net Cash Per Share	8.71	10.97	9.96	5.82	2.43
Filing Date Shares Outstanding	356.11	371.29	373.33	373.33	280
Total Common Shares Outstanding	356.11	371.29	373.33	280	280
Working Capital	3,513	4,279	4,222	1,945	973.62
Book Value Per Share	13.46	13.33	12.79	8.52	4.78
Tangible Book Value	4,723	4,884	4,708	2,320	1,271
Tangible Book Value Per Share	13.26	13.15	12.61	8.29	4.54
Buildings	-	168.29	155.93	144.53	133.44
Machinery	-	620.43	555.5	491.81	326.62
Construction In Progress	-	255.99	150.95	76.1	119.48

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