SHA:603790 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	161.42	185.97	152.27	157.11	197.12	232.85
Trading Asset Securities	-	0.15	-	1	5	-
Cash & Short-Term Investments	161.42	186.11	152.27	158.11	202.12	232.85
Cash Growth	8.60%	22.23%	-3.70%	-21.77%	-13.20%	-16.75%
Accounts Receivable	292.08	242.01	266.74	286.9	272.8	299.84
Other Receivables	4.27	3.63	4.6	3.82	4.97	6.55
Receivables	296.35	245.64	271.34	290.72	277.77	306.39
Inventory	450.64	464.82	374.87	401.09	381.77	448.82
Other Current Assets	25.32	16.48	14.47	19.85	13.02	57.25
Total Current Assets	933.73	913.06	812.94	869.77	874.68	1,045
Property, Plant & Equipment	556.7	560.03	589.32	565.31	480.41	359.06
Long-Term Investments	155.35	125.59	116.55	119.81	118.26	120.17
Other Intangible Assets	108.33	109.62	114.38	119.14	120.8	125.63
Long-Term Deferred Tax Assets	41.61	40.72	30.96	28.26	25.18	19.06
Long-Term Deferred Charges	9.21	9.51	6.28	4.7	0.04	0.32
Other Long-Term Assets	-	5.44	1.04	31.61	2.32	10.98
Total Assets	1,805	1,764	1,671	1,739	1,622	1,681
Accounts Payable	223.68	176.85	111.29	165.48	68.3	105.34
Accrued Expenses	6.32	14.01	20.51	16.1	19.35	25.79
Short-Term Debt	61.02	91.02	106.04	145.12	72.91	130.36
Current Portion of Long-Term Debt	44.61	42.59	40.02	-	23.34	12.87
Current Portion of Leases	-	-	3.64	2.52	4.28	11.12
Current Income Taxes Payable	10.32	7.27	2.94	2.2	5.98	3.89
Current Unearned Revenue	7.04	3.9	4.93	4.53	4.99	7.08
Other Current Liabilities	43.84	56.14	63.2	78.06	36.43	10.11
Total Current Liabilities	396.83	391.79	352.58	414.02	235.59	306.54
Long-Term Debt	-	-	-	-	94.67	71.17
Long-Term Leases	15.16	16.51	20.53	-	2.67	29.25
Long-Term Unearned Revenue	0.44	0.5	0.72	0.95	1.17	1.4
Long-Term Deferred Tax Liabilities	-	-	-	-	0.04	-
Other Long-Term Liabilities	30	30	30	30	30	30
Total Liabilities	442.43	438.8	403.83	444.97	364.14	438.36
Common Stock	191.36	191.36	191.36	191.36	191.36	191.36
Additional Paid-In Capital	259.65	259.44	254.95	301.59	295.98	309.12
Retained Earnings	858.47	821.83	772.79	734.99	706.46	687.84
Treasury Stock	-2.09	-2.09	-7.41	-10.5	-15	-30
Comprehensive Income & Other	-2.5	-2.27	-0.49	-0.4	-0.58	-0.29
Total Common Equity	1,305	1,268	1,211	1,217	1,178	1,158
Minority Interest	57.61	56.91	56.44	76.61	79.33	84.15
Shareholders' Equity	1,363	1,325	1,268	1,294	1,258	1,242
Total Liabilities & Equity	1,805	1,764	1,671	1,739	1,622	1,681
Total Debt	120.79	150.12	170.24	147.64	197.88	254.76
Net Cash (Debt)	40.63	35.99	-17.97	10.47	4.24	-21.91
Net Cash Growth	87.20%	-	-	146.98%	-	-
Net Cash Per Share	0.22	0.19	-0.09	0.05	0.02	-0.12
Filing Date Shares Outstanding	192.71	179.54	184.08	192.93	182.41	188.56
Total Common Shares Outstanding	192.71	179.54	184.08	192.93	182.41	188.56
Working Capital	536.91	521.28	460.36	455.76	639.09	738.77
Book Value Per Share	6.77	7.06	6.58	6.31	6.46	6.14
Tangible Book Value	1,197	1,159	1,097	1,098	1,057	1,032
Tangible Book Value Per Share	6.21	6.45	5.96	5.69	5.80	5.48
Buildings	-	-	499.11	471.96	153.72	102.29
Machinery	-	-	248.66	235.33	132.13	127.31
Construction In Progress	-	-	0.52	9.87	326.36	218.82

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