SHA:603310 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	1,459	1,086	1,670	1,255	665.26	155.97
Short-Term Investments	-	205.5	-	-	-	-
Trading Asset Securities	433.72	639.6	432.79	67.15	399.97	508.75
Cash & Short-Term Investments	1,892	1,932	2,103	1,323	1,065	664.72
Cash Growth	-5.71%	-8.16%	59.02%	24.16%	60.25%	173.01%
Accounts Receivable	527.12	380.95	374.94	300.01	232.27	223.12
Other Receivables	4.94	0.91	0.77	0.52	0.5	0.62
Receivables	532.06	381.86	375.72	300.52	232.77	223.74
Inventory	364.26	251.8	165.9	207.36	223.45	176.64
Prepaid Expenses	-	0	0.15	-	-	-
Other Current Assets	110.12	72.29	49.96	16.12	16.16	10.68
Total Current Assets	2,899	2,637	2,695	1,847	1,538	1,076
Property, Plant & Equipment	1,719	1,350	1,078	707.99	639.14	466.84
Long-Term Investments	58.43	611.51	609.26	34.64	26.63	1.01
Other Intangible Assets	219.41	174.76	179.43	178.92	128.92	57.83
Long-Term Deferred Tax Assets	7.27	2.66	5.07	10.79	9.94	6.28
Long-Term Deferred Charges	0.24	0.13	0.25	0.38	0.51	0.63
Other Long-Term Assets	649.1	95.37	18	15.27	6.44	5.81
Total Assets	5,552	4,872	4,585	2,795	2,349	1,614
Accounts Payable	401.93	75.24	67.5	67.24	168.88	95.59
Accrued Expenses	20.88	36	30.68	29.2	24.62	16.06
Short-Term Debt	70.26	15.5	15.99	-	18.8	-
Current Portion of Leases	0.11	0.11	0.13	0.13	0.12	0.3
Current Income Taxes Payable	14.09	9.9	8.7	11.87	19.84	10.91
Current Unearned Revenue	9.87	0.52	2.08	11.79	10.14	13.58
Other Current Liabilities	316.88	248.24	213.19	68.62	4.34	5.17
Total Current Liabilities	834.02	385.51	338.28	188.85	246.75	141.62
Long-Term Debt	390.55	275.34	126.42	-	-	-
Long-Term Leases	-	-	0.11	0.26	0.39	1.34
Long-Term Unearned Revenue	63.04	48.7	39.07	46.01	40.37	19.79
Long-Term Deferred Tax Liabilities	2.64	5.78	0.97	3.86	5.69	2.59
Total Liabilities	1,290	715.33	504.85	238.97	293.2	165.34
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	1,810	1,769	1,704	1,588	1,186	635.2
Comprehensive Income & Other	1.66	1.41	2.78	1.41	0.57	-
Total Common Equity	4,068	4,027	3,963	2,434	2,016	1,449
Minority Interest	193.53	129.29	117.62	121.4	39.88	0
Shareholders' Equity	4,262	4,156	4,080	2,556	2,056	1,449
Total Liabilities & Equity	5,552	4,872	4,585	2,795	2,349	1,614
Total Debt	460.92	290.94	142.65	0.38	19.31	1.63
Net Cash (Debt)	1,431	1,641	1,961	1,322	1,046	663.09
Net Cash Growth	-22.81%	-16.32%	48.28%	26.42%	57.73%	257.64%
Net Cash Per Share	4.12	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	2,065	2,252	2,357	1,658	1,291	934.16
Book Value Per Share	11.78	11.66	11.47	9.40	7.78	5.59
Tangible Book Value	3,849	3,852	3,783	2,255	1,887	1,391
Tangible Book Value Per Share	11.15	11.15	10.96	8.71	7.29	5.37
Buildings	-	388.98	238.94	249.04	-	-
Machinery	-	843.03	590.61	591.3	-	-
Construction In Progress	-	508.43	557.99	115.91	-	-