SHA:603311 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	502.71	419.03	321.1	481.38	628.1	272.72
Short-Term Investments	-	-	138.43	-	-	29.97
Trading Asset Securities	132.3	160.18	230.75	159.29	60.41	53.98
Cash & Short-Term Investments	635.01	579.21	690.28	640.68	688.51	356.66
Cash Growth	4.22%	-16.09%	7.74%	-6.95%	93.05%	-9.37%
Accounts Receivable	247.28	266.12	252.54	225.87	232.06	248.28
Other Receivables	12.18	5.37	21.57	8.21	6.43	3.79
Receivables	259.46	271.49	274.11	234.09	238.49	252.07
Inventory	151.14	154.9	167.06	142.74	172.24	183.16
Prepaid Expenses	-	-	1.29	2.32	0.6	0.44
Other Current Assets	246.25	290.54	25.97	4.52	7.12	13.13
Total Current Assets	1,292	1,296	1,159	1,024	1,107	805.46
Property, Plant & Equipment	281.14	299.24	305.37	331.41	364.53	348.55
Long-Term Investments	41.01	41.03	47.89	47.98	48.17	48.34
Other Intangible Assets	80.13	82.43	119.54	158.75	62.23	61.34
Long-Term Deferred Tax Assets	10.91	10.41	11.87	7.03	4.13	3.42
Long-Term Deferred Charges	15.93	15.48	19.72	17.78	20.67	16.89
Other Long-Term Assets	16.6	17.05	20.85	21.32	19.2	1.79
Total Assets	1,738	1,762	1,684	1,609	1,626	1,286
Accounts Payable	192.3	183.6	158.7	139.91	156.05	154.79
Accrued Expenses	12.55	22.32	38.85	28.17	33.04	29.97
Short-Term Debt	110.08	110.07	130.02	140.13	160.16	202.66
Current Portion of Long-Term Debt	1.06	1.15	0.47	1.22	1.27	-
Current Portion of Leases	-	-	0.81	2.02	0.9	1.57
Current Income Taxes Payable	12.38	9.2	0.65	7.41	9.12	8.58
Current Unearned Revenue	0.7	27.96	4.74	0.46	0.42	0.41
Other Current Liabilities	16	26.15	32.09	23.29	26.54	20.28
Total Current Liabilities	345.07	380.46	366.32	342.61	387.5	418.25
Long-Term Debt	35.98	35.96	-	0.51	1.81	-
Long-Term Leases	0.13	0.4	-	1.13	0.62	0.7
Long-Term Unearned Revenue	7.21	7.68	9.41	10.06	11.44	11.91
Long-Term Deferred Tax Liabilities	0.83	0.65	0.62	1.05	0.76	-
Total Liabilities	389.22	425.14	376.35	355.37	402.14	430.87
Common Stock	235.88	235.88	235.88	235.88	235.88	210
Additional Paid-In Capital	488.72	488.72	488.72	488.72	488.72	208.1
Retained Earnings	665.46	630.08	579.9	533.73	512.84	462.42
Treasury Stock	-40	-40	-	-	-	-
Comprehensive Income & Other	-1.7	21.97	3.1	-5.09	-13.7	-25.58
Total Common Equity	1,348	1,337	1,308	1,253	1,224	854.93
Shareholders' Equity	1,348	1,337	1,308	1,253	1,224	854.93
Total Liabilities & Equity	1,738	1,762	1,684	1,609	1,626	1,286
Total Debt	147.25	147.58	131.3	145.01	164.76	204.93
Net Cash (Debt)	487.75	431.64	558.98	495.67	523.75	151.73
Net Cash Growth	1.92%	-22.78%	12.77%	-5.36%	245.18%	-33.50%
Net Cash Per Share	2.04	1.81	2.41	2.12	2.49	0.72
Filing Date Shares Outstanding	235.88	233.65	235.88	235.88	235.88	210
Total Common Shares Outstanding	235.88	233.65	235.88	235.88	235.88	210
Working Capital	946.79	915.7	792.39	681.73	719.45	387.21
Book Value Per Share	5.72	5.72	5.54	5.31	5.19	4.07
Tangible Book Value	1,268	1,254	1,188	1,094	1,162	793.59
Tangible Book Value Per Share	5.38	5.37	5.04	4.64	4.92	3.78
Buildings	-	-	252.68	265.12	261.79	265.73
Machinery	-	-	303.78	296.39	266.98	247.55
Construction In Progress	-	-	3.02	8.17	43.71	17.31

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