SHA:603284 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
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
Cash & Equivalents	1,039	196.39	301.4	419.45	187.33
Cash & Short-Term Investments	1,039	196.39	301.4	419.45	187.33
Cash Growth	147.76%	-34.84%	-28.14%	123.90%	-
Accounts Receivable	277.39	236.72	225.85	256.1	274.99
Other Receivables	5.33	38.01	2.4	0.67	2.22
Receivables	282.72	274.73	228.25	256.76	277.21
Inventory	177.05	212.77	129.82	134.84	201.94
Other Current Assets	41.48	47.97	6.86	14.14	59.73
Total Current Assets	1,540	731.86	666.33	825.18	726.21
Property, Plant & Equipment	1,869	1,885	1,132	986.57	1,006
Long-Term Investments	31.5	32.14	31.93	27.45	30.34
Other Intangible Assets	90.01	90.53	91.97	63.16	64.64
Other Long-Term Assets	20.4	23.08	218.52	29.89	19.89
Total Assets	3,552	2,762	2,141	1,932	1,847
Accounts Payable	301.66	156.14	202.39	149.92	204.5
Accrued Expenses	23.22	127.52	106.89	87.76	67.49
Short-Term Debt	299.15	259.2	90.09	130.15	196.73
Current Portion of Long-Term Debt	102.92	71.59	67.1	121.37	140.59
Current Portion of Leases	-	-	-	-	2.3
Current Unearned Revenue	3.02	2.58	6.61	4.3	4.86
Other Current Liabilities	46.02	211.77	147.96	89.28	80.98
Total Current Liabilities	827.43	828.79	621.04	582.79	697.45
Long-Term Debt	444	325.5	112.4	176.4	205.86
Long-Term Unearned Revenue	65.42	66.51	68.33	6.3	1.88
Other Long-Term Liabilities	1.18	2.97	5.34	8.22	10.19
Total Liabilities	1,338	1,224	807.11	773.71	915.38
Common Stock	75.41	56.56	56.56	56.56	56.56
Additional Paid-In Capital	1,350	740.26	722.39	704.45	686.06
Retained Earnings	797.22	750.22	564.93	412.08	200.49
Comprehensive Income & Other	-8.99	-8.35	-10.07	-14.55	-11.66
Shareholders' Equity	2,214	1,539	1,334	1,159	931.45
Total Liabilities & Equity	3,552	2,762	2,141	1,932	1,847
Total Debt	846.07	656.29	269.59	427.93	545.48
Net Cash (Debt)	193.15	-459.91	31.81	-8.48	-358.15
Net Cash Per Share	3.33	-8.14	0.56	-0.15	-6.33
Filing Date Shares Outstanding	75.41	75.41	56.56	56.57	56.58
Total Common Shares Outstanding	75.41	56.56	56.56	56.57	56.58
Working Capital	713.04	-96.94	45.29	242.4	28.76
Book Value Per Share	29.35	27.20	23.58	20.48	16.46
Tangible Book Value	2,124	1,448	1,242	1,095	866.81
Tangible Book Value Per Share	28.16	25.60	21.96	19.36	15.32
Buildings	-	477.07	434.7	-	-
Machinery	-	1,337	1,012	-	-
Construction In Progress	-	816.03	315	-	-