SHA:603700 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	156.05	428.36	348.44	402.85	428	541.65
Trading Asset Securities	-	-	-	-	-	210.22
Cash & Short-Term Investments	156.05	428.36	348.44	402.85	428	751.88
Cash Growth	-50.12%	22.93%	-13.51%	-5.88%	-43.08%	-17.37%
Accounts Receivable	902.27	878.55	817.53	798.73	773.57	684.54
Other Receivables	37.02	28.84	29.38	33.17	38.68	26.33
Receivables	939.29	907.39	846.9	831.89	812.25	710.86
Inventory	503.92	461.94	375.89	339.09	424.49	341.32
Prepaid Expenses	-	-	-	-	2.25	-
Other Current Assets	9.34	12.36	5.77	8.4	6.86	9.2
Total Current Assets	1,609	1,810	1,577	1,582	1,674	1,813
Property, Plant & Equipment	433.3	434.04	426.78	402.73	424.98	250.47
Long-Term Investments	113.33	113.07	103.04	102.18	104.29	41.17
Goodwill	-	-	-	-	-	0.46
Other Intangible Assets	39.64	40.37	42.22	45.05	44.67	45.48
Long-Term Accounts Receivable	3.28	63.25	57.19	63.91	45.58	37.03
Long-Term Deferred Tax Assets	43.59	42.02	28.43	20.02	12.86	12.2
Long-Term Deferred Charges	4.99	5.2	6.76	7.52	8.62	4.32
Other Long-Term Assets	60.1	0.33	37.02	52.02	35.57	16.6
Total Assets	2,307	2,508	2,278	2,276	2,350	2,221
Accounts Payable	554.12	709.03	560.71	508.74	589.99	484.84
Accrued Expenses	12.22	76.22	47.43	73.48	60.7	85.3
Short-Term Debt	10	-	-	5	86.07	2
Current Portion of Long-Term Debt	-	-	-	5	-	-
Current Portion of Leases	-	0.53	1.03	0.86	1.08	1.39
Current Income Taxes Payable	9.43	6.57	8.67	14.87	5.31	14.37
Current Unearned Revenue	35.18	44.39	30.51	32.31	46.07	18.87
Other Current Liabilities	11.71	8.48	10.3	12.75	15.5	7.94
Total Current Liabilities	632.66	845.21	658.64	653.01	804.71	614.71
Long-Term Leases	0.05	0.12	0.57	0.29	0.66	1.6
Long-Term Unearned Revenue	6.13	6.26	7	9.46	8.54	4.5
Long-Term Deferred Tax Liabilities	-	-	-	-	-	2.39
Other Long-Term Liabilities	26.58	26.01	7.35	3.78	3.97	1.45
Total Liabilities	665.43	877.6	673.56	666.53	817.89	624.65
Common Stock	199.96	199.96	203.24	203.24	203.24	203.24
Additional Paid-In Capital	443.17	443.17	468.2	498.41	497.52	494.12
Retained Earnings	987.38	976.59	923.19	930.15	857.69	892.89
Treasury Stock	-18.62	-18.62	-20.45	-50.1	-50.1	-16.72
Comprehensive Income & Other	30.68	30.78	31.79	28.32	24.91	22.77
Total Common Equity	1,643	1,632	1,606	1,610	1,533	1,596
Minority Interest	-1.17	-1.15	-1.06	-0.89	-0.72	0.04
Shareholders' Equity	1,641	1,631	1,605	1,609	1,533	1,596
Total Liabilities & Equity	2,307	2,508	2,278	2,276	2,350	2,221
Total Debt	10.05	0.65	1.6	11.15	87.81	4.99
Net Cash (Debt)	146	427.71	346.85	391.7	340.19	746.89
Net Cash Growth	-30.93%	23.31%	-11.45%	15.14%	-54.45%	-12.11%
Net Cash Per Share	0.72	2.15	1.72	1.97	1.70	3.68
Filing Date Shares Outstanding	198.16	198.16	199.89	197.96	200.32	202.37
Total Common Shares Outstanding	198.16	198.16	199.89	200.32	200.32	202.37
Working Capital	975.94	964.84	918.37	929.22	869.14	1,199
Book Value Per Share	8.29	8.24	8.03	8.04	7.65	7.89
Tangible Book Value	1,603	1,592	1,564	1,565	1,489	1,550
Tangible Book Value Per Share	8.09	8.03	7.82	7.81	7.43	7.66
Buildings	-	395.47	382.96	350.9	357.81	82.63
Machinery	-	237.07	217.11	195.47	185.9	117.17
Construction In Progress	-	1.03	0.07	4.31	3.77	157.29

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