SHA:603286 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

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	149.98	99.27	218.57	444.47	99.43	85.65
Short-Term Investments	-	185.8	80.09	-	-	-
Trading Asset Securities	-	15	50	-	-	13.67
Cash & Short-Term Investments	149.98	300.08	348.66	444.47	99.43	99.32
Cash Growth	-33.62%	-13.94%	-21.55%	347.00%	0.12%	-4.19%
Accounts Receivable	322.54	345.22	361.87	272.74	241.43	209.02
Other Receivables	2.3	2.04	1.88	1.59	0.92	0.79
Receivables	324.83	347.26	363.76	274.34	242.35	209.81
Inventory	256.88	223.65	208.91	190.61	170.78	129.64
Other Current Assets	180.84	4.29	3.69	4.66	7.01	10.79
Total Current Assets	912.53	875.27	925.02	914.07	519.57	449.56
Property, Plant & Equipment	684.74	687.52	650.88	566.53	447.67	303.96
Long-Term Investments	43.16	44.5	21.73	19.7	17.4	14.53
Goodwill	50.24	50.24	50.24	50.24	50.24	50.24
Other Intangible Assets	63.61	65.57	73.71	81.47	89.3	75.69
Long-Term Deferred Tax Assets	32.82	32.62	32.72	27.88	22.65	11.04
Long-Term Deferred Charges	91.27	106.06	72.2	20.91	20.61	23.23
Other Long-Term Assets	10.7	10.74	9.08	3.72	4.45	15.06
Total Assets	1,889	1,873	1,836	1,685	1,172	943.32

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
Accounts Payable	396.75	361.68	317.97	217.59	207.88	119.72
Accrued Expenses	15.88	50.12	39.65	33.4	32.2	29.4
Short-Term Debt	480.95	458.73	380.46	443.27	294.56	124.37
Current Portion of Long-Term Debt	31.45	29.02	50.04	49.64	96.93	-
Current Portion of Leases	-	2.36	2.11	0.11	0.34	0.46
Current Income Taxes Payable	17.1	1.43	2.21	0.38	5.03	4.19
Current Unearned Revenue	11.2	11.81	3.06	6.3	4.2	1.75
Other Current Liabilities	24.73	65.97	89.2	45.13	40.26	48.24
Total Current Liabilities	978.05	981.12	884.69	795.83	681.4	328.13
Long-Term Debt	78.99	57.91	30.05	-	-	100.11
Long-Term Leases	3.9	4.44	6.61	-	0.21	3.24
Long-Term Unearned Revenue	16.63	16.93	19.64	9.32	6.57	7.58
Long-Term Deferred Tax Liabilities	1.59	1.72	2.21	2.71	3.22	3.76
Other Long-Term Liabilities	-	-	-	-	-	0.05
Total Liabilities	1,079	1,062	943.2	807.87	691.4	442.87

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
Common Stock	117.43	117.4	116.59	114.3	88.08	89.13
Additional Paid-In Capital	583.16	577.43	588.98	559.94	195.97	203.86
Retained Earnings	128.72	134.29	190.21	182.4	174.46	191.76
Treasury Stock	-19.71	-19.71	-22.77	-	-	-7.9
Comprehensive Income & Other	0.3	1.01	0.11	0.65	0.26	-0.57
Total Common Equity	809.9	810.41	873.12	857.3	458.77	476.29
Minority Interest	-	-	19.24	19.35	21.72	24.15
Shareholders' Equity	809.9	810.41	892.37	876.65	480.48	500.44
Total Liabilities & Equity	1,889	1,873	1,836	1,685	1,172	943.32

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
Total Debt	595.28	552.46	469.26	493.03	392.05	228.18
Net Cash (Debt)	-445.3	-252.38	-120.59	-48.56	-292.61	-128.87
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.92	-2.17	-1.07	-0.49	-3.38	-1.43
Filing Date Shares Outstanding	115.41	115.41	114.3	114.3	88.08	88.08
Total Common Shares Outstanding	115.41	115.41	114.3	114.3	88.08	88.08
Working Capital	-65.52	-105.85	40.32	118.24	-161.83	121.43
Book Value Per Share	7.02	7.02	7.64	7.50	5.21	5.41
Tangible Book Value	696.05	694.59	749.17	725.59	319.22	350.36
Tangible Book Value Per Share	6.03	6.02	6.55	6.35	3.62	3.98
Buildings	-	583.43	542.89	216.49	213	213
Machinery	-	377.5	291.8	262.93	46.4	197.77
Construction In Progress	-	16.62	61.96	307.11	196.32	60.77