SHA:603701 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	99.71	171.98	73.31	75.81	125.64
Short-Term Investments	-	-	-	10	9.9
Trading Asset Securities	6.8	73.48	64.71	81	65.6
Cash & Short-Term Investments	106.51	245.46	138.02	166.8	201.13
Cash Growth	-56.61%	77.84%	-17.26%	-17.07%	103.97%
Accounts Receivable	434.38	329.93	313.14	234.28	219.56
Other Receivables	0.25	0.23	4.76	0.76	1.69
Receivables	434.63	330.17	317.9	235.04	221.25
Inventory	242.49	180.09	177.66	131.64	128.12
Other Current Assets	58.34	14.86	58	1.2	2.03
Total Current Assets	841.98	770.57	691.58	534.69	552.54
Property, Plant & Equipment	443.96	307.19	272.82	265.86	274.86
Long-Term Investments	58.08	58.08	19.28	67.78	49
Goodwill	54.36	54.36	54.36	54.36	-
Other Intangible Assets	26.01	27	30.43	30.59	30.99
Long-Term Deferred Tax Assets	32.3	26.73	19.57	13.12	8.24
Long-Term Deferred Charges	1.73	2.42	3.04	1.47	1.7
Other Long-Term Assets	34.55	36.31	45.78	47.51	41.36
Total Assets	1,493	1,283	1,137	1,015	958.69
Accounts Payable	322.02	249.3	205.06	147.17	130.16
Accrued Expenses	12.59	23.06	21.85	18.74	18.9
Short-Term Debt	120.02	71.04	-	4.73	-
Current Portion of Long-Term Debt	70.98	20.02	-	-	-
Current Portion of Leases	-	0.23	0.45	0.64	-
Current Income Taxes Payable	10.81	3.61	3.45	3.61	-
Current Unearned Revenue	7.97	1.71	2.52	2.43	3.11
Other Current Liabilities	7.78	23.17	64.2	25.21	12.44
Total Current Liabilities	552.16	392.14	297.52	202.52	164.62
Long-Term Debt	49	-	-	-	-
Long-Term Leases	0.16	-	0.23	0.69	-
Long-Term Unearned Revenue	12.05	13.11	13.58	15.32	15.99
Long-Term Deferred Tax Liabilities	14.28	18.26	13.33	11.41	9.84
Other Long-Term Liabilities	28.22	24.66	22.98	21.12	23.86
Total Liabilities	655.87	448.18	347.64	251.06	214.3
Common Stock	261.36	261.36	261.36	261.36	261.36
Additional Paid-In Capital	111.21	111.05	111.05	111.05	111.05
Retained Earnings	430.63	429.54	389.95	369.99	371.98
Total Common Equity	803.2	801.95	762.35	742.39	744.39
Minority Interest	33.9	32.53	26.85	21.92	-
Shareholders' Equity	837.1	834.48	789.2	764.32	744.39
Total Liabilities & Equity	1,493	1,283	1,137	1,015	958.69
Total Debt	240.16	91.29	0.68	6.06	-
Net Cash (Debt)	-133.65	154.16	137.34	160.74	201.13
Net Cash Growth	-	12.25%	-14.56%	-20.08%	124.81%
Net Cash Per Share	-0.46	0.60	0.55	0.58	0.78
Filing Date Shares Outstanding	324.03	261.36	261.36	261.36	261.36
Total Common Shares Outstanding	324.03	261.36	261.36	261.36	261.36
Working Capital	289.82	378.43	394.06	332.17	387.92
Book Value Per Share	2.48	3.07	2.92	2.84	2.85
Tangible Book Value	722.83	720.59	677.57	657.44	713.4
Tangible Book Value Per Share	2.23	2.76	2.59	2.52	2.73
Buildings	-	264.48	260.97	258.93	259.3
Machinery	-	156.03	133.87	124.98	116.13
Construction In Progress	-	34.91	8.03	2.67	2.29

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