SHA:603683 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	249.41	163.52	283.74	191.26	213.56
Trading Asset Securities	-	38.17	95	89.38	50.41
Cash & Short-Term Investments	249.41	201.68	378.74	280.63	263.97
Cash Growth	23.66%	-46.75%	34.96%	6.31%	6.55%
Accounts Receivable	538.76	409.95	316.14	277.77	214.92
Other Receivables	18.6	14.67	12.05	28.89	14.84
Receivables	557.36	424.62	328.19	306.66	229.76
Inventory	452.06	332.73	291.53	276.47	262.85
Prepaid Expenses	0.03	0	0.03	0.07	-
Other Current Assets	112.51	83.03	42.19	13.71	59.22
Total Current Assets	1,371	1,042	1,041	877.54	815.79
Property, Plant & Equipment	1,440	1,162	753.13	712.44	706.92
Long-Term Investments	33.67	36.48	17.95	13.56	28.09
Goodwill	19.72	19.72	19.72	19.72	19.72
Other Intangible Assets	80.98	76.59	106.38	89.15	91.7
Long-Term Accounts Receivable	-	-	-	0.87	2.9
Long-Term Deferred Tax Assets	117.17	104.54	81.35	63.03	42.44
Long-Term Deferred Charges	47.36	52.34	50.62	45.64	23.39
Other Long-Term Assets	46.78	64.95	57.23	18.22	29.75
Total Assets	3,157	2,559	2,127	1,840	1,761
Accounts Payable	444.41	259.18	195.65	231.88	187.92
Accrued Expenses	60.21	45.28	35.28	32.27	27.64
Short-Term Debt	431.85	323.89	265.26	334.46	299.51
Current Portion of Long-Term Debt	65.16	61.84	56.45	45.07	25.26
Current Portion of Leases	5.67	5.32	4.12	4.88	8.33
Current Income Taxes Payable	10.32	23.23	11.11	10.2	8.04
Current Unearned Revenue	8.38	7.92	10.96	7.74	7.13
Other Current Liabilities	147.76	120.2	83.52	15.76	35.27
Total Current Liabilities	1,174	846.85	662.37	682.27	599.08
Long-Term Debt	200.23	250.72	128.8	121.4	147.55
Long-Term Leases	53.33	69.31	28.26	8.81	11.74
Long-Term Unearned Revenue	66.59	50.94	16.59	12.03	13.97
Long-Term Deferred Tax Liabilities	-	1.6	1.79	1.29	0.25
Other Long-Term Liabilities	-	0.49	0.49	-	-
Total Liabilities	1,494	1,220	838.3	825.8	772.59
Common Stock	290.41	262.5	258.79	217.15	183.13
Additional Paid-In Capital	780.83	548.46	534.84	304.09	357.89
Retained Earnings	610.07	546.63	486.28	449.29	453.35
Treasury Stock	-34.67	-31.72	-	-11.6	-32.56
Comprehensive Income & Other	1.27	4.62	2.55	9.16	2.09
Total Common Equity	1,648	1,330	1,282	968.09	963.91
Minority Interest	15.48	8.78	6.28	46.28	24.21
Shareholders' Equity	1,663	1,339	1,289	1,014	988.12
Total Liabilities & Equity	3,157	2,559	2,127	1,840	1,761
Total Debt	756.24	711.07	482.9	514.63	492.38
Net Cash (Debt)	-506.83	-509.39	-104.16	-233.99	-228.41
Net Cash Per Share	-1.82	-1.98	-0.44	-1.21	-1.08
Filing Date Shares Outstanding	289.29	260.62	256.91	217.15	219.75
Total Common Shares Outstanding	289.29	260.62	258.79	217.15	219.75
Working Capital	197.62	195.21	378.31	195.27	216.71
Book Value Per Share	5.70	5.11	4.96	4.46	4.39
Tangible Book Value	1,547	1,234	1,156	859.22	852.49
Tangible Book Value Per Share	5.35	4.74	4.47	3.96	3.88
Buildings	669.62	394.62	381.37	384.2	378.39
Machinery	931.86	576.02	585.35	542.34	440.46
Construction In Progress	248.68	526.42	76.58	32.12	66.56

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