SHA:603312 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	349.87	338.18	78.55	39.43
Short-Term Investments	80	206.73	-	-
Trading Asset Securities	204	206.3	-	-
Cash & Short-Term Investments	633.87	751.21	78.55	39.43
Cash Growth	-15.62%	856.36%	99.23%	-
Accounts Receivable	1,350	1,342	879.88	1,053
Other Receivables	6.28	0.84	0.58	13.58
Receivables	1,356	1,343	880.46	1,067
Inventory	187.22	203.72	159.2	173.22
Other Current Assets	11.59	10.34	8.42	1
Total Current Assets	2,189	2,309	1,127	1,280
Property, Plant & Equipment	439.23	315.07	262.45	169.85
Long-Term Investments	30	60	-	-
Other Intangible Assets	54.13	56.37	38.93	13.24
Long-Term Accounts Receivable	0.58	0.77	0.6	-
Long-Term Deferred Tax Assets	23.27	18.28	11.86	10.19
Long-Term Deferred Charges	2.36	5.15	9.49	5.43
Other Long-Term Assets	60.8	1.62	2.01	1.89
Total Assets	2,799	2,766	1,452	1,481
Accounts Payable	944.93	942.37	596.67	910.83
Accrued Expenses	57.06	41.49	20.04	18.45
Short-Term Debt	-	65.11	15.91	37.3
Current Portion of Long-Term Debt	-	-	60.13	30.06
Current Portion of Leases	-	1.66	1.44	1.5
Current Income Taxes Payable	13.14	20.9	15.69	7.17
Current Unearned Revenue	0.9	9.84	13.34	6.93
Other Current Liabilities	2.22	2.69	1.08	0.95
Total Current Liabilities	1,018	1,084	724.31	1,013
Long-Term Debt	-	-	85.21	26.78
Long-Term Leases	-	-	-	0.73
Long-Term Unearned Revenue	1.5	-	0.13	0.21
Total Liabilities	1,020	1,084	809.66	1,041
Common Stock	160	161.6	121.2	121.2
Additional Paid-In Capital	1,127	1,168	128.47	124.13
Retained Earnings	592.73	515.4	392.63	194.51
Treasury Stock	-100.28	-163.35	-	-
Shareholders' Equity	1,779	1,682	642.3	439.84
Total Liabilities & Equity	2,799	2,766	1,452	1,481
Total Debt	-	66.77	162.7	96.38
Net Cash (Debt)	633.87	684.44	-84.16	-56.96
Net Cash Growth	-7.39%	-	-	-
Net Cash Per Share	3.94	4.33	-0.69	-0.47
Filing Date Shares Outstanding	157.64	156.85	121.2	121.66
Total Common Shares Outstanding	157.64	156.85	121.2	121.66
Working Capital	1,170	1,225	402.31	266.98
Book Value Per Share	11.29	10.72	5.30	3.62
Tangible Book Value	1,725	1,625	603.37	426.6
Tangible Book Value Per Share	10.94	10.36	4.98	3.51
Buildings	182.77	178.52	176.65	92.94
Machinery	227.58	166.54	108.68	86.27
Construction In Progress	133.68	35.7	15.93	9.74

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