SHA:603931 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	184.89	478.09	348.22	775.89	709.79	549.33
Short-Term Investments	344.1	342.05	166.79	-	-	-
Trading Asset Securities	321.33	-	-	-	-	151.05
Cash & Short-Term Investments	850.31	820.14	515.02	775.89	709.79	700.38
Cash Growth	102.74%	59.25%	-33.62%	9.31%	1.34%	1.15%
Accounts Receivable	169.13	174.24	172.03	211.91	238.45	261.91
Other Receivables	0.68	0.66	0.66	2.04	1.29	1.28
Receivables	169.81	174.9	172.69	213.95	239.74	263.19
Inventory	99.15	54.97	62.69	70.59	61.45	47.94
Prepaid Expenses	-	-	-	-	0.03	0
Other Current Assets	24.6	67.94	14.89	19.61	17.24	5.04
Total Current Assets	1,144	1,118	765.28	1,080	1,028	1,017
Property, Plant & Equipment	426.86	439.86	475.61	502.05	422.06	258.49
Long-Term Investments	460.16	495.05	383.92	-	-	9.48
Other Intangible Assets	63.45	63.92	65.79	68.08	70.01	74.51
Long-Term Deferred Tax Assets	13.54	13.61	13.51	10.22	7.99	4.96
Long-Term Deferred Charges	5.38	5.03	5.73	-	-	-
Other Long-Term Assets	62.51	11.83	19.87	17.82	25.04	31.78
Total Assets	2,176	2,147	1,730	1,678	1,553	1,396
Accounts Payable	76.28	77.43	74.87	77.88	103.47	124.95
Accrued Expenses	9.49	21.38	19.91	20.72	17.98	16.89
Current Portion of Leases	1.27	1.25	1.2	-	-	0.72
Current Income Taxes Payable	8.97	5.62	6.71	12.79	4.71	7.34
Current Unearned Revenue	0.13	0.12	0.18	0.15	0.17	0.2
Other Current Liabilities	0.41	7.67	32.56	76.15	66.46	19.66
Total Current Liabilities	96.54	113.48	135.44	187.68	192.79	169.75
Long-Term Leases	8.33	8.65	9.9	-	-	-
Long-Term Unearned Revenue	13.65	14.1	14.4	15.23	16.06	6.76
Long-Term Deferred Tax Liabilities	60.64	58.07	4.15	2.86	3.23	0.16
Total Liabilities	179.16	194.31	163.89	205.77	212.07	176.67
Common Stock	199.56	199.56	199.56	199.56	199.56	142.54
Additional Paid-In Capital	615.35	615.35	615.35	615.35	615.35	672.37
Retained Earnings	816.96	787.64	709.03	615.66	490.48	369.85
Comprehensive Income & Other	363.72	349.35	40.84	40.86	34.87	33.34
Total Common Equity	1,996	1,952	1,565	1,471	1,340	1,218
Minority Interest	1.02	1.03	1.03	1.02	1.01	1
Shareholders' Equity	1,997	1,953	1,566	1,472	1,341	1,219
Total Liabilities & Equity	2,176	2,147	1,730	1,678	1,553	1,396
Total Debt	9.59	9.9	11.11	-	-	0.72
Net Cash (Debt)	840.72	810.23	503.91	775.89	709.79	699.66
Net Cash Growth	105.75%	60.79%	-35.05%	9.31%	1.45%	1.05%
Net Cash Per Share	4.20	4.03	2.52	3.90	3.56	3.52
Filing Date Shares Outstanding	199.56	199.56	199.56	199.56	199.56	199.56
Total Common Shares Outstanding	199.56	199.56	199.56	199.56	199.56	199.56
Working Capital	1,047	1,004	629.84	892.36	835.46	846.8
Book Value Per Share	10.00	9.78	7.84	7.37	6.72	6.10
Tangible Book Value	1,932	1,888	1,499	1,403	1,270	1,144
Tangible Book Value Per Share	9.68	9.46	7.51	7.03	6.37	5.73
Buildings	-	177.1	176.53	168.46	98.72	98.54
Machinery	-	554.52	503.27	497.62	284.3	259.5
Construction In Progress	-	23	60.03	64.29	240.56	81.83

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