SHA:603350 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	FY 2021
Period Ending	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	429.8	614.33	525.92	252.48	204.61
Short-Term Investments	157.47	347.92	-	-	-
Trading Asset Securities	440.25	189.2	0.37	0.15	0.55
Cash & Short-Term Investments	1,028	1,151	526.29	252.63	205.16
Cash Growth	-10.76%	118.78%	108.32%	23.14%	102.23%
Accounts Receivable	646.18	430.81	392.72	440.8	313.58
Other Receivables	6.93	2.85	1.35	0.37	0.15
Receivables	653.11	433.66	394.07	441.17	313.73
Inventory	209.89	189.49	130.18	145.67	172.49
Prepaid Expenses	-	-	-	0.01	0.02
Other Current Assets	96.24	76.44	43.85	27.11	22.91
Total Current Assets	1,987	1,851	1,094	866.59	714.31
Property, Plant & Equipment	178.42	154.93	123.44	91.21	91.33
Long-Term Investments	119	100	100	-	-
Other Intangible Assets	82.26	26.69	26.05	25.59	14.54
Long-Term Deferred Tax Assets	10.06	5.63	6.38	5.1	3.61
Long-Term Deferred Charges	2.39	1.32	0.92	0.91	0.9
Other Long-Term Assets	40.08	44.83	39.77	37.45	39.73
Total Assets	2,419	2,184	1,391	1,027	864.41
Accounts Payable	777.11	667.84	570.71	338.29	349.68
Accrued Expenses	41.19	31.29	24.88	21.82	20.77
Short-Term Debt	115.38	26.25	3.22	8.41	7.01
Current Portion of Leases	4.57	2.93	2.89	2.13	2.03
Current Income Taxes Payable	7.95	4.3	3.91	4.03	10.78
Current Unearned Revenue	2.15	9.17	5.1	3.41	3.48
Other Current Liabilities	18.13	6.86	5.7	33.56	23.24
Total Current Liabilities	966.47	748.65	616.39	411.66	416.99
Long-Term Leases	7.07	4.6	2.9	1.78	3.89
Long-Term Unearned Revenue	8.3	-	-	-	0.15
Long-Term Deferred Tax Liabilities	-	-	0.87	-	0.05
Other Long-Term Liabilities	96.81	74.3	42.5	34.42	18.08
Total Liabilities	1,079	827.55	662.66	447.87	439.16
Common Stock	116.46	116	87	87	87
Additional Paid-In Capital	617.99	606	120.28	119.26	116.93
Retained Earnings	600.1	630.36	520.4	372.48	221.61
Comprehensive Income & Other	1.87	-0.43	0.46	-0.01	-0.28
Total Common Equity	1,336	1,352	728.15	578.73	425.26
Minority Interest	3.9	4.96	0.16	0.25	-
Shareholders' Equity	1,340	1,357	728.31	578.98	425.26
Total Liabilities & Equity	2,419	2,184	1,391	1,027	864.41
Total Debt	127.03	33.79	9.01	12.33	12.93
Net Cash (Debt)	900.49	1,118	517.28	240.3	192.23
Net Cash Growth	-19.43%	116.06%	115.27%	25.00%	103.55%
Net Cash Per Share	7.75	10.98	5.95	2.76	2.30
Filing Date Shares Outstanding	116.46	116	87	87.21	87
Total Common Shares Outstanding	116.46	116	87	87.21	87
Working Capital	1,020	1,102	478.01	454.93	297.32
Book Value Per Share	11.48	11.65	8.37	6.64	4.89
Tangible Book Value	1,254	1,325	702.1	553.15	410.72
Tangible Book Value Per Share	10.77	11.42	8.07	6.34	4.72
Buildings	131.22	77.99	78	77.93	76.22
Machinery	92.7	71.94	55.8	47.29	39.79
Construction In Progress	13.07	56.09	32.42	1.34	0.61

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