SHA:603297 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	1,079	1,019	805.5	818.32	273.22	609.76
Short-Term Investments	-	-	-	-	-	30
Trading Asset Securities	298.31	273.1	258.79	180	667.08	240
Cash & Short-Term Investments	1,377	1,292	1,064	998.32	940.31	879.76
Cash Growth	24.76%	21.44%	6.61%	6.17%	6.88%	19.07%
Accounts Receivable	240.62	232.55	212.16	195.46	174.18	160.71
Other Receivables	11.63	8.58	4.88	6.12	11.58	7.28
Receivables	252.25	241.12	217.04	201.57	185.75	167.99
Inventory	222.13	215.22	189.78	199	187.85	175.33
Prepaid Expenses	-	-	-	-	1.34	-
Other Current Assets	5.09	6.85	40.02	11.82	17.96	8.65
Total Current Assets	1,856	1,756	1,511	1,411	1,333	1,232
Property, Plant & Equipment	654.25	643.7	624.99	512.56	423.43	362.99
Long-Term Investments	40.29	39.64	36.74	36.76	33.38	29.52
Goodwill	-	-	-	-	-	1.71
Other Intangible Assets	78.51	79.24	81.24	83.73	82.26	52.99
Long-Term Accounts Receivable	-	-	0.54	0.06	0.09	0.11
Long-Term Deferred Tax Assets	13.4	13.29	15.16	15.19	7.35	5.3
Long-Term Deferred Charges	0.36	0.09	0.11	0.47	1.2	-
Other Long-Term Assets	27.48	27.22	28.45	32.77	32.11	30.11
Total Assets	2,671	2,559	2,298	2,092	1,913	1,714
Accounts Payable	157.99	167.32	144.09	120.27	105.8	132.75
Accrued Expenses	9.48	22.21	39.24	38.67	28.81	27.81
Short-Term Debt	317.48	222.63	94.37	40.03	40.03	25.02
Current Portion of Long-Term Debt	0.07	0.23	-	-	-	-
Current Portion of Leases	-	-	-	0.53	0.27	0.45
Current Income Taxes Payable	3.42	13.63	-	-	2.87	2.84
Current Unearned Revenue	15.65	9.5	8.84	10.47	16.28	9.08
Other Current Liabilities	21.96	23.85	29.24	40.46	16.52	22.66
Total Current Liabilities	526.04	459.36	315.77	250.42	210.57	220.63
Long-Term Leases	-	-	-	-	0.04	0.3
Long-Term Unearned Revenue	38.25	39.26	42.1	22	24.5	11.39
Long-Term Deferred Tax Liabilities	1.38	1.38	2.39	5.94	7.87	0.93
Other Long-Term Liabilities	0.9	0.93	1.08	1.37	2.15	3.58
Total Liabilities	566.56	500.93	361.34	279.74	245.13	236.84
Common Stock	110.94	110.94	111.15	111.17	110.48	110.5
Additional Paid-In Capital	586.72	586.72	599.88	592.86	555.84	553.16
Retained Earnings	1,389	1,343	1,218	1,115	985.85	806.3
Treasury Stock	-8.82	-8.82	-17.82	-30.63	-7.2	-13.65
Comprehensive Income & Other	25.75	25.72	26.09	23.58	21.89	19.82
Total Common Equity	2,104	2,058	1,937	1,812	1,667	1,476
Minority Interest	-0.04	-0.04	0.15	0.39	1.03	1.51
Shareholders' Equity	2,104	2,058	1,937	1,813	1,668	1,478
Total Liabilities & Equity	2,671	2,559	2,298	2,092	1,913	1,714
Total Debt	317.54	222.86	94.37	40.55	40.34	25.78
Net Cash (Debt)	1,059	1,070	969.92	957.76	899.97	853.99
Net Cash Growth	7.54%	10.27%	1.27%	6.42%	5.38%	19.63%
Net Cash Per Share	9.57	9.63	8.70	8.71	8.16	7.77
Filing Date Shares Outstanding	109.85	110.98	111.15	111.17	110.48	110.5
Total Common Shares Outstanding	109.85	110.98	111.15	111.17	110.48	110.5
Working Capital	1,330	1,296	1,195	1,160	1,123	1,011
Book Value Per Share	19.15	18.54	17.43	16.30	15.09	13.36
Tangible Book Value	2,026	1,979	1,856	1,728	1,585	1,421
Tangible Book Value Per Share	18.44	17.83	16.69	15.55	14.34	12.86
Buildings	-	-	265.72	254.35	261.73	266.66
Machinery	-	-	403.49	376.2	356.19	264.85
Construction In Progress	-	-	216.42	109.19	19.52	28.12

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