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	365.68	308.97	442.64	301.4	332.52
Trading Asset Securities	-	-	-	24.09	-
Cash & Short-Term Investments	365.68	308.97	442.64	325.49	332.52
Cash Growth	18.36%	-30.20%	35.99%	-2.11%	114.45%
Accounts Receivable	523.53	640.13	591.1	335.02	264.01
Other Receivables	-	7.54	1.1	77.94	38.09
Receivables	523.53	647.68	592.2	412.96	302.1
Inventory	403.78	436.16	366.97	450.37	533.78
Other Current Assets	14.09	20.48	529.78	20.22	28.53
Total Current Assets	1,307	1,413	1,932	1,209	1,197
Property, Plant & Equipment	286.24	367.72	271.38	233.26	197.03
Long-Term Investments	143.89	146.98	162.41	185.25	147.27
Other Intangible Assets	14.03	14.72	15.33	15.45	16.25
Long-Term Accounts Receivable	27.99	40.01	35.55	44.41	38.99
Long-Term Deferred Tax Assets	17.1	15.5	13.96	11.04	7.06
Long-Term Deferred Charges	6.16	7.07	9.05	7.98	9.68
Other Long-Term Assets	0.8	0.97	1.14	1.31	1.48
Total Assets	1,803	2,006	2,440	1,708	1,615
Accounts Payable	221.06	208.69	149.52	125.69	284.24
Accrued Expenses	32.13	37.6	57.12	51.11	15.37
Short-Term Debt	146.2	272.1	214.25	221.41	118
Current Portion of Long-Term Debt	-	38.77	6.44	-	-
Current Portion of Leases	1.63	6.89	1.09	0.78	3.46
Current Income Taxes Payable	0.12	3.72	6.31	3.52	0.18
Current Unearned Revenue	4.76	21.8	535.6	12.69	5.63
Other Current Liabilities	6.29	7.61	87.63	19.21	8.59
Total Current Liabilities	412.2	597.18	1,058	434.41	435.46
Long-Term Debt	-	30	23.77	-	-
Long-Term Leases	0.39	14.68	0.63	0.64	0.16
Long-Term Unearned Revenue	0.46	0.85	-	0.37	-
Long-Term Deferred Tax Liabilities	2.4	2.42	3.27	7.19	5.24
Other Long-Term Liabilities	-	1.27	-	-	-
Total Liabilities	415.44	646.4	1,086	442.6	440.86
Common Stock	320.21	320.21	320.21	227.8	227.95
Additional Paid-In Capital	526.35	525.21	523.03	590.63	577.67
Retained Earnings	541.56	514.62	510.25	447.47	370.37
Treasury Stock	-	-	-	-	-1.96
Comprehensive Income & Other	0.76	0.6	0.35	-	0.16
Total Common Equity	1,389	1,361	1,354	1,266	1,174
Minority Interest	-1.01	-0.8	0.93	-0.76	-0.38
Shareholders' Equity	1,388	1,360	1,355	1,265	1,174
Total Liabilities & Equity	1,803	2,006	2,440	1,708	1,615
Total Debt	148.22	362.44	246.19	222.83	121.62
Net Cash (Debt)	217.47	-53.47	196.45	102.66	210.9
Net Cash Growth	-	-	91.36%	-51.32%	421.09%
Net Cash Per Share	0.68	-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	894.89	816.11	873.63	774.64	761.47
Book Value Per Share	4.34	4.25	4.23	3.97	3.68
Tangible Book Value	1,375	1,346	1,339	1,250	1,158
Tangible Book Value Per Share	4.29	4.20	4.18	3.92	3.63
Buildings	267.63	267.63	267.63	151.73	151.73
Machinery	97.17	72.92	57.17	46.24	45.48
Construction In Progress	0.09	0.34	0.57	77.84	30.09

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