SHA:603580 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	29.4	40.35	39.81	33.81	50.69	89.23
Trading Asset Securities	37.24	37.24	-	-	-	-
Cash & Short-Term Investments	66.64	77.59	39.81	33.81	50.69	89.23
Cash Growth	48.91%	94.91%	17.74%	-33.30%	-43.19%	-55.27%
Accounts Receivable	179.53	181.25	52.5	51.72	71.39	89.55
Other Receivables	5.72	5.16	3.61	1.58	2.7	3.32
Receivables	185.25	186.41	56.12	53.3	74.1	92.86
Inventory	142.11	139.64	101.47	92.68	87.4	81.93
Other Current Assets	7.02	14.91	5.54	10.48	8.07	5.75
Total Current Assets	401.02	418.54	202.93	190.27	220.26	269.76
Property, Plant & Equipment	260.16	262.04	221.36	243.88	217.16	160.12
Long-Term Investments	46.99	46.99	35.79	49.8	49.8	52.6
Goodwill	74.84	74.84	-	-	-	-
Other Intangible Assets	41.68	42.29	31.52	35.38	36.75	37.56
Long-Term Deferred Tax Assets	15.8	14.7	13.39	7.09	4.76	2.76
Long-Term Deferred Charges	3.36	3.54	2.43	0.02	0.04	0.05
Other Long-Term Assets	1.58	0.63	0.72	1.93	1.17	26.92
Total Assets	845.44	863.58	508.15	528.37	529.93	549.78
Accounts Payable	52.26	63.28	32	31.09	36.11	37.34
Accrued Expenses	4.65	9.3	4.15	3.44	5.87	5.19
Short-Term Debt	173.69	173.19	17.04	15.05	19.15	16.55
Current Portion of Long-Term Debt	15.71	0.07	-	-	-	-
Current Portion of Leases	-	15.43	3.43	4.38	1.87	0.88
Current Income Taxes Payable	5.91	3.58	1.05	1.76	2.3	0.88
Current Unearned Revenue	2.22	4.38	4.21	2.39	2.47	2.74
Other Current Liabilities	22.75	34.62	1.27	2.52	1.98	1.66
Total Current Liabilities	277.18	303.85	63.15	60.63	69.75	65.24
Long-Term Debt	2.3	2.39	2.18	-	-	-
Long-Term Leases	12.36	8.52	4.1	8.03	3.37	2.44
Long-Term Unearned Revenue	3.33	3.38	3.69	4	1.86	2.02
Long-Term Deferred Tax Liabilities	8.49	8.51	-	-	-	-
Other Long-Term Liabilities	19.59	19.59	-	-	-	-
Total Liabilities	323.26	346.24	73.12	72.65	74.98	69.7
Common Stock	130.67	130.67	130.67	130.67	130.67	130.67
Additional Paid-In Capital	75.67	75.67	75.67	75.67	75.67	75.67
Retained Earnings	249.45	246.66	213.54	233.1	230.76	254.99
Comprehensive Income & Other	-0.72	-1.47	-0.16	-0.52	0.02	0.2
Total Common Equity	455.07	451.54	419.72	438.92	437.13	461.54
Minority Interest	67.11	65.8	15.3	16.8	17.82	18.53
Shareholders' Equity	522.18	517.33	435.02	455.72	454.95	480.08
Total Liabilities & Equity	845.44	863.58	508.15	528.37	529.93	549.78
Total Debt	204.06	199.6	26.75	27.46	24.39	19.87
Net Cash (Debt)	-137.42	-122.02	13.05	6.35	26.3	69.36
Net Cash Growth	-	-	105.43%	-75.84%	-62.09%	-62.47%
Net Cash Per Share	-1.05	-	0.10	0.05	0.20	0.53
Filing Date Shares Outstanding	130.37	-	130.67	130.67	130.67	130.67
Total Common Shares Outstanding	130.37	-	130.67	130.67	130.67	130.67
Working Capital	123.84	114.69	139.78	129.65	150.5	204.52
Book Value Per Share	3.49	-	3.21	3.36	3.35	3.53
Tangible Book Value	338.55	334.41	388.2	403.54	400.38	423.99
Tangible Book Value Per Share	2.60	-	2.97	3.09	3.06	3.24
Buildings	-	171.22	169.65	131.8	118.47	56.42
Machinery	-	224.36	163.81	172.84	162.11	116.43
Construction In Progress	-	8.96	14.56	53.06	36.73	79.07