SHA:603496 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	-	308.97	442.64	301.4	332.52
Trading Asset Securities	-	-	-	24.09	-
Cash & Short-Term Investments	350.09	308.97	442.64	325.49	332.52
Cash Growth	13.31%	-30.20%	35.99%	-2.11%	114.45%
Accounts Receivable	-	640.13	591.1	335.02	264.01
Other Receivables	-	8.8	1.1	77.94	38.09
Receivables	-	648.94	592.2	412.96	302.1
Inventory	-	436.16	366.97	450.37	533.78
Other Current Assets	-	19.21	529.78	20.22	28.53
Total Current Assets	-	1,413	1,932	1,209	1,197
Property, Plant & Equipment	-	367.72	271.38	233.26	197.03
Long-Term Investments	-	146.98	162.41	185.25	147.27
Other Intangible Assets	-	14.72	15.33	15.45	16.25
Long-Term Accounts Receivable	-	40.01	35.55	44.41	38.99
Long-Term Deferred Tax Assets	-	15.5	13.96	11.04	7.06
Long-Term Deferred Charges	-	7.07	9.05	7.98	9.68
Other Long-Term Assets	-	0.97	1.14	1.31	1.48
Total Assets	-	2,006	2,440	1,708	1,615
Accounts Payable	-	208.69	149.52	125.69	284.24
Accrued Expenses	-	37.6	57.12	51.11	15.37
Short-Term Debt	-	272.1	214.25	221.41	118
Current Portion of Long-Term Debt	-	38.77	6.44	-	-
Current Portion of Leases	-	6.89	1.09	0.78	3.46
Current Income Taxes Payable	-	3.72	6.31	3.52	0.18
Current Unearned Revenue	-	21.8	535.6	12.69	5.63
Other Current Liabilities	-	7.61	87.63	19.21	8.59
Total Current Liabilities	-	597.18	1,058	434.41	435.46
Long-Term Debt	-	30	23.77	-	-
Long-Term Leases	-	14.68	0.63	0.64	0.16
Long-Term Unearned Revenue	-	0.85	-	0.37	-
Long-Term Deferred Tax Liabilities	-	2.42	3.27	7.19	5.24
Other Long-Term Liabilities	-	1.27	-	-	-
Total Liabilities	-	646.4	1,086	442.6	440.86
Common Stock	-	320.21	320.21	227.8	227.95
Additional Paid-In Capital	-	525.21	523.03	590.63	577.67
Retained Earnings	-	514.62	510.25	447.47	370.37
Treasury Stock	-	-	-	-	-1.96
Comprehensive Income & Other	-	0.6	0.35	-	0.16
Total Common Equity	1,394	1,361	1,354	1,266	1,174
Minority Interest	-	-0.8	0.93	-0.76	-0.38
Shareholders' Equity	1,392	1,360	1,355	1,265	1,174
Total Liabilities & Equity	-	2,006	2,440	1,708	1,615
Total Debt	296.17	362.44	246.19	222.83	121.62
Net Cash (Debt)	53.93	-53.47	196.45	102.66	210.9
Net Cash Growth	-	-	91.36%	-51.32%	421.09%
Net Cash Per Share	0.20	-0.17	0.63	0.37	0.72
Filing Date Shares Outstanding	320.21	320.21	320.21	320.21	319.14
Total Common Shares Outstanding	320.21	320.21	320.21	318.92	319.14
Working Capital	-	816.11	873.63	774.64	761.47
Book Value Per Share	4.35	4.25	4.23	3.97	3.68
Tangible Book Value	1,379	1,346	1,339	1,250	1,158
Tangible Book Value Per Share	4.31	4.20	4.18	3.92	3.63
Buildings	-	267.63	267.63	151.73	151.73
Machinery	-	72.92	57.17	46.24	45.48
Construction In Progress	-	0.34	0.57	77.84	30.09

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