SHA:603709 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	110.36	152.01	135.62	110.43	94.86	112.2
Trading Asset Securities	-	-	-	-	-	2.32
Cash & Short-Term Investments	110.36	152.01	135.62	110.43	94.86	114.52
Cash Growth	-4.58%	12.08%	22.82%	16.41%	-17.17%	-60.57%
Accounts Receivable	195.85	165.04	207.58	160.86	89.51	115.58
Other Receivables	29.09	30.32	34.41	27.9	5.19	4.92
Receivables	224.94	195.36	241.99	188.77	94.7	120.5
Inventory	240.82	227.51	242.43	207.21	112.09	137.68
Other Current Assets	32.39	25.18	26.05	22.68	15.02	14.91
Total Current Assets	608.52	600.06	646.1	529.09	316.66	387.6
Property, Plant & Equipment	532.69	533.71	565.52	609.34	624.15	541.19
Long-Term Investments	-	1.39	1.37	1.31	-	-
Other Intangible Assets	53.31	53.64	56.04	57.67	69.35	86.28
Long-Term Deferred Tax Assets	2.79	2.72	2.87	1.78	2.37	3.91
Long-Term Deferred Charges	10.68	11.35	6.49	10.44	13.88	10.45
Other Long-Term Assets	133.3	131.82	140.37	149.94	83.43	-
Total Assets	1,341	1,335	1,419	1,360	1,110	1,029
Accounts Payable	412.44	406.08	443.78	381.62	198.04	315.1
Accrued Expenses	19.99	32.96	30.38	22.77	14.6	25.6
Short-Term Debt	94	81.85	136.05	-	72.37	30.04
Current Portion of Long-Term Debt	32.08	15.49	54.79	64.86	5.4	-
Current Portion of Leases	-	16.88	32.59	52.63	12.85	2
Current Income Taxes Payable	3.6	0.06	0.6	1.9	0.94	0.8
Current Unearned Revenue	5.27	13.47	12.61	9.3	7.48	3.73
Other Current Liabilities	41.17	31.18	36.97	32.82	26.66	14.31
Total Current Liabilities	608.56	597.96	747.76	565.9	338.33	391.57
Long-Term Debt	196.22	197.51	120.11	144.7	135.58	-
Long-Term Leases	8.79	13.33	6.6	43.67	52.07	4.45
Long-Term Unearned Revenue	7.91	7.95	7.12	8.37	8.92	2.89
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.35
Other Long-Term Liabilities	10.96	12.19	9.66	4.88	6.35	15.69
Total Liabilities	832.44	828.94	891.24	767.52	541.25	414.95
Common Stock	126.08	126.08	125.9	96	80	80
Additional Paid-In Capital	306.33	306.07	304	326.03	342.03	342.03
Retained Earnings	85.68	83.65	111.9	171.07	149.71	191.59
Treasury Stock	-5.19	-5.19	-5.7	-	-	-
Comprehensive Income & Other	-4.06	-4.84	-8.59	-1.04	-3.36	0.86
Total Common Equity	508.84	505.76	527.52	592.06	568.38	614.48
Minority Interest	-	-	-	-	0.2	-
Shareholders' Equity	508.84	505.76	527.52	592.06	568.59	614.48
Total Liabilities & Equity	1,341	1,335	1,419	1,360	1,110	1,029
Total Debt	331.09	325.06	350.13	305.86	278.27	36.48
Net Cash (Debt)	-220.73	-173.06	-214.5	-195.43	-183.41	78.04
Net Cash Growth	-	-	-	-	-	-73.13%
Net Cash Per Share	-1.85	-1.41	-1.75	-1.56	-1.48	0.62
Filing Date Shares Outstanding	126.08	126.08	125.9	124.8	124.8	124.8
Total Common Shares Outstanding	126.08	126.08	125.9	124.8	124.8	124.8
Working Capital	-0.04	2.1	-101.65	-36.81	-21.67	-3.97
Book Value Per Share	4.04	4.01	4.19	4.74	4.55	4.92
Tangible Book Value	455.53	452.12	471.47	534.39	499.03	528.21
Tangible Book Value Per Share	3.61	3.59	3.74	4.28	4.00	4.23
Buildings	-	529.58	362.65	353.81	456.34	333.77
Machinery	-	84.89	81.44	82.29	87.1	82.85
Construction In Progress	-	30.1	213.74	189.02	133.54	238.76