SHA:603310 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	Jun '26 Jun 30, 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	847.21	1,086	1,670	1,255	665.26	155.97
Short-Term Investments	544.27	205.5	-	-	-	-
Trading Asset Securities	809.4	639.6	432.79	67.15	399.97	508.75
Cash & Short-Term Investments	2,201	1,932	2,103	1,323	1,065	664.72
Cash Growth	26.09%	-8.16%	59.02%	24.16%	60.25%	173.01%
Accounts Receivable	464.81	380.95	374.94	300.01	232.27	223.12
Other Receivables	5.22	0.91	0.77	0.52	0.5	0.62
Receivables	470.03	381.86	375.72	300.52	232.77	223.74
Inventory	448.03	251.8	165.9	207.36	223.45	176.64
Prepaid Expenses	-	0	0.15	-	-	-
Other Current Assets	114.74	72.29	49.96	16.12	16.16	10.68
Total Current Assets	3,234	2,637	2,695	1,847	1,538	1,076
Property, Plant & Equipment	1,769	1,350	1,078	707.99	639.14	466.84
Long-Term Investments	343.28	611.51	609.26	34.64	26.63	1.01
Other Intangible Assets	217.4	174.76	179.43	178.92	128.92	57.83
Long-Term Deferred Tax Assets	7.11	2.66	5.07	10.79	9.94	6.28
Long-Term Deferred Charges	0.06	0.13	0.25	0.38	0.51	0.63
Other Long-Term Assets	22.43	95.37	18	15.27	6.44	5.81
Total Assets	5,593	4,872	4,585	2,795	2,349	1,614

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	259.36	75.24	67.5	67.24	168.88	95.59
Accrued Expenses	34.57	36	30.68	29.2	24.62	16.06
Short-Term Debt	91.47	15.5	15.99	-	18.8	-
Current Portion of Long-Term Debt	10.5	-	-	-	-	-
Current Portion of Leases	0.11	0.11	0.13	0.13	0.12	0.3
Current Income Taxes Payable	4.61	9.9	8.7	11.87	19.84	10.91
Current Unearned Revenue	3.05	0.52	2.08	11.79	10.14	13.58
Other Current Liabilities	517.32	248.24	213.19	68.62	4.34	5.17
Total Current Liabilities	921	385.51	338.28	188.85	246.75	141.62
Long-Term Debt	384.94	275.34	126.42	-	-	-
Long-Term Leases	-	-	0.11	0.26	0.39	1.34
Long-Term Unearned Revenue	59.77	48.7	39.07	46.01	40.37	19.79
Long-Term Deferred Tax Liabilities	7.78	5.78	0.97	3.86	5.69	2.59
Total Liabilities	1,373	715.33	504.85	238.97	293.2	165.34

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	345.34	345.34	345.34	259	259	259
Additional Paid-In Capital	1,911	1,911	1,911	585.7	570.85	554.64
Retained Earnings	1,771	1,769	1,704	1,588	1,186	635.2
Comprehensive Income & Other	2.02	1.41	2.78	1.41	0.57	-
Total Common Equity	4,030	4,027	3,963	2,434	2,016	1,449
Minority Interest	189.93	129.29	117.62	121.4	39.88	0
Shareholders' Equity	4,220	4,156	4,080	2,556	2,056	1,449
Total Liabilities & Equity	5,593	4,872	4,585	2,795	2,349	1,614

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	487.02	290.94	142.65	0.38	19.31	1.63
Net Cash (Debt)	1,714	1,641	1,961	1,322	1,046	663.09
Net Cash Growth	7.11%	-16.32%	48.28%	26.42%	57.73%	257.64%
Net Cash Per Share	5.01	4.75	6.80	5.11	4.05	2.63
Filing Date Shares Outstanding	345.34	345.34	345.34	259	259	259
Total Common Shares Outstanding	345.34	345.34	345.34	259	259	259
Working Capital	2,313	2,252	2,357	1,658	1,291	934.16
Book Value Per Share	11.67	11.66	11.47	9.40	7.78	5.59
Tangible Book Value	3,812	3,852	3,783	2,255	1,887	1,391
Tangible Book Value Per Share	11.04	11.15	10.96	8.71	7.29	5.37
Buildings	603.65	388.98	238.94	249.04	-	-
Machinery	1,274	843.03	590.61	591.3	-	-
Construction In Progress	564.21	508.43	557.99	115.91	-	-