SHA:603788 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	253.52	96.47	601.16	572.19	900.13
Short-Term Investments	-	206.2	-	-	-
Trading Asset Securities	354.78	467.2	318.61	531.88	387.74
Cash & Short-Term Investments	608.3	769.87	919.78	1,104	1,288
Cash Growth	-20.99%	-16.30%	-16.69%	-14.27%	-1.35%
Accounts Receivable	733.98	703.42	668.3	457.65	426.05
Other Receivables	1.95	4.47	7.53	7.09	3.23
Receivables	735.93	707.89	675.83	464.74	429.28
Inventory	194.71	209.25	197.06	190.2	170.52
Other Current Assets	158.25	14.84	5.67	5.74	10.71
Total Current Assets	1,697	1,702	1,798	1,765	1,898
Property, Plant & Equipment	499.08	453.61	366.88	188.89	164.71
Long-Term Investments	376.83	360.07	254.08	214.62	151.04
Other Intangible Assets	110.23	113.16	85.24	88.08	21.89
Long-Term Deferred Tax Assets	18.78	19.5	13.88	9.11	10.26
Other Long-Term Assets	3.2	10.1	2.85	49.12	1.64
Total Assets	2,705	2,658	2,521	2,315	2,248
Accounts Payable	393.13	409.47	360.93	239.32	223.65
Accrued Expenses	84.23	105.04	88.48	56.42	58.42
Short-Term Debt	34.47	45.65	15.25	-	-
Current Portion of Leases	-	-	-	-	8.99
Current Income Taxes Payable	15.35	5.34	8.66	8.36	3.33
Current Unearned Revenue	4.5	17.17	15.73	10.87	3.53
Other Current Liabilities	33.21	7.16	5.09	10.3	1.19
Total Current Liabilities	564.88	589.83	494.14	325.28	299.1
Long-Term Leases	12.07	-	10.02	-	-
Long-Term Unearned Revenue	3.42	2.44	1.89	8.36	10.43
Long-Term Deferred Tax Liabilities	-	-	-	-	1.2
Other Long-Term Liabilities	-	-	-	16.6	9.23
Total Liabilities	580.38	592.27	506.05	350.24	319.97
Common Stock	223.07	223.07	223.07	223.07	223.07
Additional Paid-In Capital	1,069	1,069	1,069	1,069	1,069
Retained Earnings	813.94	753.9	697.15	646.04	623.99
Comprehensive Income & Other	20.78	20.6	25.6	25.6	11.08
Total Common Equity	2,127	2,067	2,015	1,964	1,928
Minority Interest	-1.93	-0.96	0.01	0.22	0.4
Shareholders' Equity	2,125	2,066	2,015	1,964	1,928
Total Liabilities & Equity	2,705	2,658	2,521	2,315	2,248
Total Debt	46.54	45.65	25.27	-	8.99
Net Cash (Debt)	561.76	724.22	894.51	1,104	1,279
Net Cash Growth	-22.43%	-19.04%	-18.98%	-13.67%	-2.04%
Net Cash Per Share	2.52	3.23	4.01	5.00	5.73
Filing Date Shares Outstanding	224.06	223.07	223.07	223.07	223.07
Total Common Shares Outstanding	224.06	223.07	223.07	223.07	223.07
Working Capital	1,132	1,112	1,304	1,439	1,599
Book Value Per Share	9.49	9.27	9.03	8.81	8.64
Tangible Book Value	2,017	1,954	1,930	1,876	1,906
Tangible Book Value Per Share	9.00	8.76	8.65	8.41	8.54
Buildings	-	342.46	94.63	99.75	99.75
Machinery	-	241	220.91	195.24	182.53
Construction In Progress	-	53.55	205.18	41.86	0.78

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