SHA:603350 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	393.58	429.8	614.33	525.92	252.48	204.61
Short-Term Investments	-	157.47	347.92	-	-	-
Trading Asset Securities	371.47	440.25	189.2	0.37	0.15	0.55
Cash & Short-Term Investments	765.05	1,028	1,151	526.29	252.63	205.16
Cash Growth	13.05%	-10.76%	118.78%	108.32%	23.14%	102.23%
Accounts Receivable	815.67	646.18	430.81	392.72	440.8	313.58
Other Receivables	2.45	6.93	2.85	1.35	0.37	0.15
Receivables	818.12	653.11	433.66	394.07	441.17	313.73
Inventory	236.6	209.89	189.49	130.18	145.67	172.49
Prepaid Expenses	-	-	-	-	0.01	0.02
Other Current Assets	217.52	96.24	76.44	43.85	27.11	22.91
Total Current Assets	2,037	1,987	1,851	1,094	866.59	714.31
Property, Plant & Equipment	180.63	178.42	154.93	123.44	91.21	91.33
Long-Term Investments	50.05	119	100	100	-	-
Other Intangible Assets	81.63	82.26	26.69	26.05	25.59	14.54
Long-Term Deferred Tax Assets	10.31	10.06	5.63	6.38	5.1	3.61
Long-Term Deferred Charges	2.51	2.39	1.32	0.92	0.91	0.9
Other Long-Term Assets	119.7	40.08	44.83	39.77	37.45	39.73
Total Assets	2,485	2,419	2,184	1,391	1,027	864.41
Accounts Payable	847.31	777.11	667.84	570.71	338.29	349.68
Accrued Expenses	23.26	41.19	31.29	24.88	21.82	20.77
Short-Term Debt	93.9	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	12.31	7.95	4.3	3.91	4.03	10.78
Current Unearned Revenue	3.48	2.15	9.17	5.1	3.41	3.48
Other Current Liabilities	11.59	18.13	6.86	5.7	33.56	23.24
Total Current Liabilities	996.48	966.47	748.65	616.39	411.66	416.99
Long-Term Leases	6.89	7.07	4.6	2.9	1.78	3.89
Long-Term Unearned Revenue	8.3	8.3	-	-	-	0.15
Long-Term Deferred Tax Liabilities	0	-	-	0.87	-	0.05
Other Long-Term Liabilities	104.53	96.81	74.3	42.5	34.42	18.08
Total Liabilities	1,116	1,079	827.55	662.66	447.87	439.16
Common Stock	116.49	116.46	116	87	87	87
Additional Paid-In Capital	620.13	617.99	606	120.28	119.26	116.93
Retained Earnings	627.2	600.1	630.36	520.4	372.48	221.61
Comprehensive Income & Other	1.49	1.87	-0.43	0.46	-0.01	-0.28
Total Common Equity	1,365	1,336	1,352	728.15	578.73	425.26
Minority Interest	3.37	3.9	4.96	0.16	0.25	-
Shareholders' Equity	1,369	1,340	1,357	728.31	578.98	425.26
Total Liabilities & Equity	2,485	2,419	2,184	1,391	1,027	864.41
Total Debt	105.42	127.03	33.79	9.01	12.33	12.93
Net Cash (Debt)	659.63	900.49	1,118	517.28	240.3	192.23
Net Cash Growth	2.19%	-19.43%	116.06%	115.27%	25.00%	103.55%
Net Cash Per Share	5.66	7.75	10.98	5.95	2.76	2.30
Filing Date Shares Outstanding	117.8	116.46	116	87	87.21	87
Total Common Shares Outstanding	117.8	116.46	116	87	87.21	87
Working Capital	1,041	1,020	1,102	478.01	454.93	297.32
Book Value Per Share	11.59	11.48	11.65	8.37	6.64	4.89
Tangible Book Value	1,281	1,254	1,325	702.1	553.15	410.72
Tangible Book Value Per Share	10.87	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.