SHA:603700 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	428.36	348.44	402.85	428	541.65
Trading Asset Securities	-	-	-	-	210.22
Cash & Short-Term Investments	428.36	348.44	402.85	428	751.88
Cash Growth	22.93%	-13.51%	-5.88%	-43.08%	-17.37%
Accounts Receivable	878.55	817.53	798.73	773.57	684.54
Other Receivables	28.45	29.38	33.17	38.68	26.33
Receivables	907.01	846.9	831.89	812.25	710.86
Inventory	461.94	375.89	339.09	424.49	341.32
Prepaid Expenses	-	-	-	2.25	-
Other Current Assets	12.75	5.77	8.4	6.86	9.2
Total Current Assets	1,810	1,577	1,582	1,674	1,813
Property, Plant & Equipment	434.04	426.78	402.73	424.98	250.47
Long-Term Investments	113.07	103.04	102.18	104.29	41.17
Goodwill	-	-	-	-	0.46
Other Intangible Assets	40.37	42.22	45.05	44.67	45.48
Long-Term Accounts Receivable	-	57.19	63.91	45.58	37.03
Long-Term Deferred Tax Assets	42.02	28.43	20.02	12.86	12.2
Long-Term Deferred Charges	5.2	6.76	7.52	8.62	4.32
Other Long-Term Assets	63.58	37.02	52.02	35.57	16.6
Total Assets	2,508	2,278	2,276	2,350	2,221
Accounts Payable	709.03	560.71	508.74	589.99	484.84
Accrued Expenses	41.59	47.43	73.48	60.7	85.3
Short-Term Debt	-	-	5	86.07	2
Current Portion of Long-Term Debt	0.53	-	5	-	-
Current Portion of Leases	-	1.03	0.86	1.08	1.39
Current Income Taxes Payable	30.72	8.67	14.87	5.31	14.37
Current Unearned Revenue	44.39	30.51	32.31	46.07	18.87
Other Current Liabilities	18.96	10.3	12.75	15.5	7.94
Total Current Liabilities	845.21	658.64	653.01	804.71	614.71
Long-Term Leases	0.12	0.57	0.29	0.66	1.6
Long-Term Unearned Revenue	6.26	7	9.46	8.54	4.5
Long-Term Deferred Tax Liabilities	-	-	-	-	2.39
Other Long-Term Liabilities	26.01	7.35	3.78	3.97	1.45
Total Liabilities	877.6	673.56	666.53	817.89	624.65
Common Stock	199.96	203.24	203.24	203.24	203.24
Additional Paid-In Capital	443.17	468.2	498.41	497.52	494.12
Retained Earnings	976.59	923.19	930.15	857.69	892.89
Treasury Stock	-18.62	-20.45	-50.1	-50.1	-16.72
Comprehensive Income & Other	30.78	31.79	28.32	24.91	22.77
Total Common Equity	1,632	1,606	1,610	1,533	1,596
Minority Interest	-1.15	-1.06	-0.89	-0.72	0.04
Shareholders' Equity	1,631	1,605	1,609	1,533	1,596
Total Liabilities & Equity	2,508	2,278	2,276	2,350	2,221
Total Debt	0.65	1.6	11.15	87.81	4.99
Net Cash (Debt)	427.71	346.85	391.7	340.19	746.89
Net Cash Growth	23.31%	-11.45%	15.14%	-54.45%	-12.11%
Net Cash Per Share	2.15	1.72	1.97	1.70	3.68
Filing Date Shares Outstanding	199.41	199.89	197.96	200.32	202.37
Total Common Shares Outstanding	199.41	199.89	200.32	200.32	202.37
Working Capital	964.84	918.37	929.22	869.14	1,199
Book Value Per Share	8.18	8.03	8.04	7.65	7.89
Tangible Book Value	1,592	1,564	1,565	1,489	1,550
Tangible Book Value Per Share	7.98	7.82	7.81	7.43	7.66
Buildings	-	382.96	350.9	357.81	82.63
Machinery	-	217.11	195.47	185.9	117.17
Construction In Progress	-	0.07	4.31	3.77	157.29

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.