SHA:603559 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	269.22	309.61	739.16	55.01	35.46	147.74
Cash & Short-Term Investments	269.22	309.61	739.16	55.01	35.46	147.74
Cash Growth	-56.12%	-58.11%	1243.74%	55.14%	-76.00%	-25.76%
Accounts Receivable	591.16	578.82	469.84	384.2	444.34	566.4
Other Receivables	53.47	39.41	29.71	21.56	25.43	81.02
Receivables	644.63	618.23	499.55	405.76	469.76	647.42
Inventory	270.7	306.06	367.89	489.88	565.05	418.95
Prepaid Expenses	-	-	0.01	3.74	-	-
Other Current Assets	61.14	46.83	9.31	32.26	28.41	32.85
Total Current Assets	1,246	1,281	1,616	986.65	1,099	1,247
Property, Plant & Equipment	28.69	23.28	21.98	33.51	43.52	61.4
Long-Term Investments	-	-	-	3.63	3.71	3.56
Goodwill	-	-	-	-	42.63	42.63
Other Intangible Assets	17.01	17.42	19.41	21.26	22.09	25.36
Long-Term Accounts Receivable	-	-	0.15	3.11	0.7	-
Long-Term Deferred Tax Assets	-	-	-	8.62	6.01	44.74
Long-Term Deferred Charges	0.12	0.19	0.47	0.75	1.86	3.78
Other Long-Term Assets	17.29	23.59	26.38	22.6	25.51	22.31
Total Assets	1,309	1,345	1,684	1,080	1,245	1,451
Accounts Payable	224.68	243.5	153.25	388.92	361.45	176.1
Accrued Expenses	4.59	5.21	49.52	48.51	20.85	160.65
Short-Term Debt	-	-	-	100.33	156.41	232.52
Current Portion of Long-Term Debt	0.39	0.47	-	-	6.01	41.09
Current Portion of Leases	-	-	0.86	0.88	2.14	4.86
Current Income Taxes Payable	13.99	13.95	0.03	0.03	0.02	0.01
Current Unearned Revenue	132.44	165.05	185.82	272.79	267.74	261.68
Other Current Liabilities	155.51	146.93	279.86	128.62	51.44	37.91
Total Current Liabilities	531.59	575.1	669.34	940.06	866.06	914.82
Long-Term Debt	-	-	-	-	-	12
Long-Term Leases	0.71	0.71	0.13	0.61	0.25	4
Long-Term Deferred Tax Liabilities	-	-	-	2.47	2.81	2.45
Other Long-Term Liabilities	1.64	1.5	6.54	77.93	13.47	2.89
Total Liabilities	533.93	577.31	676.01	1,021	882.59	936.16
Common Stock	401.28	401.28	401.28	143.31	143.31	143.31
Additional Paid-In Capital	1,373	1,373	1,451	451.71	451.71	451.71
Retained Earnings	-1,011	-1,018	-854.05	-553.21	-249.55	-97.61
Treasury Stock	-	-	-0.47	-	-	-
Comprehensive Income & Other	19.24	18.98	18.1	24.63	23.89	23.44
Total Common Equity	782.83	775.83	1,016	66.45	369.36	520.86
Minority Interest	-7.97	-7.92	-7.53	-7.4	-7.24	-6.26
Shareholders' Equity	774.86	767.91	1,008	59.05	362.13	514.6
Total Liabilities & Equity	1,309	1,345	1,684	1,080	1,245	1,451
Total Debt	1.09	1.18	0.99	101.82	164.81	294.47
Net Cash (Debt)	268.12	308.43	738.16	-46.81	-129.35	-146.73
Net Cash Growth	-56.23%	-58.22%	-	-	-	-
Net Cash Per Share	0.70	0.77	1.84	-0.33	-0.90	-1.03
Filing Date Shares Outstanding	336.96	377.81	401.28	143.31	143.31	143.31
Total Common Shares Outstanding	336.96	377.81	401.28	143.31	143.31	143.31
Working Capital	714.1	705.63	946.57	46.59	232.61	332.15
Book Value Per Share	2.32	2.05	2.53	0.46	2.58	3.63
Tangible Book Value	765.82	758.4	996.41	45.19	304.64	452.87
Tangible Book Value Per Share	2.27	2.01	2.48	0.32	2.13	3.16
Buildings	-	-	41.05	52.49	57.45	60.31
Machinery	-	-	25.32	24.59	31.41	42.54

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