SHA:603459 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	407.74	261.56	125.58	224.41
Trading Asset Securities	-	0	-	-
Cash & Short-Term Investments	407.74	261.56	125.58	224.41
Cash Growth	55.88%	108.29%	-44.04%	-
Accounts Receivable	1,398	1,026	851.91	856.64
Other Receivables	5.45	1.72	4.3	2.52
Receivables	1,404	1,028	856.22	859.16
Inventory	372.26	252.72	203.65	199.76
Prepaid Expenses	1.63	0.56	-	-
Other Current Assets	13.79	10.08	24.7	11.86
Total Current Assets	2,199	1,553	1,210	1,295
Property, Plant & Equipment	2,615	2,193	2,061	1,928
Other Intangible Assets	82.33	20.34	20.4	20.46
Long-Term Deferred Tax Assets	47.62	34.99	37.31	34.57
Long-Term Deferred Charges	23.21	24.71	19.21	22.54
Other Long-Term Assets	78.4	40.72	19.2	11.79
Total Assets	5,046	3,867	3,368	3,313
Accounts Payable	1,371	1,143	967.54	732.73
Accrued Expenses	96.07	97.07	88.73	74.83
Short-Term Debt	407.48	379.43	225.67	389.81
Current Portion of Long-Term Debt	79.63	117.1	120.16	72.13
Current Portion of Leases	0.19	1.49	0.88	2.13
Current Income Taxes Payable	15.93	1.62	6.12	10.14
Current Unearned Revenue	3.96	0.27	0.62	0.24
Other Current Liabilities	2.45	6.78	28.94	111.14
Total Current Liabilities	1,977	1,746	1,439	1,393
Long-Term Debt	450.1	200.3	258.84	249.31
Long-Term Leases	-	0.19	2.88	37.27
Long-Term Unearned Revenue	165.02	86.75	76.05	79.1
Long-Term Deferred Tax Liabilities	135.75	65.52	44.09	40.23
Total Liabilities	2,728	2,099	1,821	1,799
Common Stock	653.75	653.75	653.75	653.75
Additional Paid-In Capital	709.29	695.66	688.98	682.23
Retained Earnings	959.16	419.31	205.4	178.47
Comprehensive Income & Other	-4.22	-1.28	-1.09	-0.77
Shareholders' Equity	2,318	1,767	1,547	1,514
Total Liabilities & Equity	5,046	3,867	3,368	3,313
Total Debt	937.41	698.51	608.41	750.64
Net Cash (Debt)	-529.67	-436.95	-482.83	-526.23
Net Cash Per Share	-0.81	-0.67	-0.74	-0.82
Filing Date Shares Outstanding	653.75	653.75	653.75	639.36
Total Common Shares Outstanding	653.75	653.75	653.75	639.36
Working Capital	222.27	-193.82	-228.5	-97.96
Book Value Per Share	3.55	2.70	2.37	2.37
Tangible Book Value	2,236	1,747	1,527	1,493
Tangible Book Value Per Share	3.42	2.67	2.34	2.34
Buildings	606.63	604.71	539.19	538.04
Machinery	3,457	3,073	2,672	2,564
Construction In Progress	290.23	121.59	318.19	142.38

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