SHA:603285 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	435.57	448.04	616.5	446.5	181.43	138.72
Short-Term Investments	-	-	-	-	0.35	10.01
Trading Asset Securities	804.05	784.17	546.93	-	64.68	29.54
Cash & Short-Term Investments	1,240	1,232	1,163	446.5	246.46	178.28
Cash Growth	6.04%	5.91%	160.57%	81.16%	38.25%	103.24%
Accounts Receivable	234.99	219.7	236.29	250.03	222.85	271.71
Other Receivables	0.2	1.04	9.95	1.15	0.74	0.63
Receivables	235.19	220.75	246.24	251.18	223.58	272.34
Inventory	36.73	44.85	41.13	37.08	51.97	62.65
Other Current Assets	3.99	3.92	4.08	15.7	8.94	17.62
Total Current Assets	1,516	1,502	1,455	750.45	530.97	530.88
Property, Plant & Equipment	234.37	228.5	190.21	211.07	222.96	235.32
Other Intangible Assets	73.85	74.3	82.45	84.51	86.56	28.32
Long-Term Deferred Tax Assets	2.54	2.45	2.74	3.34	2.65	1.07
Long-Term Deferred Charges	15.02	15.3	16.39	-	-	-
Other Long-Term Assets	41.13	36.22	9.11	0.36	3.93	4.84
Total Assets	1,882	1,858	1,756	1,050	847.07	800.43
Accounts Payable	116.97	103.23	83.16	32.61	29.65	61.13
Accrued Expenses	3.16	8.81	14.65	12.92	11.18	13.03
Current Portion of Long-Term Debt	0.47	0.46	-	-	-	-
Current Portion of Leases	-	-	0.45	0.12	0.46	0.48
Current Income Taxes Payable	3.15	4.47	5.61	7.59	12.41	18.4
Current Unearned Revenue	5.95	3.63	2.95	3.54	2	12.64
Other Current Liabilities	18.46	20.85	34.6	44.86	37.82	72.09
Total Current Liabilities	148.16	141.46	141.41	101.64	93.51	177.77
Long-Term Leases	-	0.12	0.58	-	0.12	0.53
Long-Term Unearned Revenue	12.14	12.18	12.32	12.46	12.6	-
Long-Term Deferred Tax Liabilities	0.01	0.01	-	-	0.13	0.01
Total Liabilities	160.31	153.76	154.31	114.1	106.36	178.31
Common Stock	160	160	160	120	120	120
Additional Paid-In Capital	874.97	874.97	874.97	251.52	251.52	251.52
Retained Earnings	680.33	648.55	544.71	547.04	357.46	244.81
Treasury Stock	-15.1	-0.48	-	-	-	-
Comprehensive Income & Other	21.93	21.69	21.78	17.07	11.74	5.79
Total Common Equity	1,722	1,705	1,601	935.63	740.71	622.11
Shareholders' Equity	1,722	1,705	1,601	935.63	740.71	622.11
Total Liabilities & Equity	1,882	1,858	1,756	1,050	847.07	800.43
Total Debt	0.47	0.58	1.03	0.12	0.57	1.01
Net Cash (Debt)	1,239	1,232	1,162	446.38	245.89	177.27
Net Cash Growth	6.09%	5.96%	160.41%	81.54%	38.71%	134.11%
Net Cash Per Share	7.76	7.71	8.48	3.72	2.05	1.49
Filing Date Shares Outstanding	158.9	160.58	160	120	120	120
Total Common Shares Outstanding	158.9	160.58	160	120	120	120
Working Capital	1,367	1,360	1,313	648.81	437.45	353.11
Book Value Per Share	10.84	10.62	10.01	7.80	6.17	5.18
Tangible Book Value	1,648	1,630	1,519	851.12	654.15	593.8
Tangible Book Value Per Share	10.37	10.15	9.49	7.09	5.45	4.95
Buildings	-	-	102.88	102.88	102.13	100.39
Machinery	-	-	209.79	204.98	195.84	185.73
Construction In Progress	-	-	7.11	9.54	5.75	5.51