SHA:603937 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	179.32	136.91	199.8	254.34	431.42
Trading Asset Securities	-	36.16	227.05	100	70
Cash & Short-Term Investments	179.32	173.07	426.85	354.34	501.42
Cash Growth	3.61%	-59.45%	20.46%	-29.33%	-26.41%
Accounts Receivable	474.78	381.96	366.61	349.62	436.08
Other Receivables	3.02	2.77	1.41	0.54	13.26
Receivables	477.8	384.73	368.01	350.17	449.34
Inventory	486.24	478.17	390.61	370	363.3
Other Current Assets	102.91	205.11	224.2	94.93	207.19
Total Current Assets	1,246	1,241	1,410	1,169	1,521
Property, Plant & Equipment	1,122	1,184	1,091	430.03	266.45
Long-Term Investments	2.7	2.7	2.7	2.7	2.7
Other Intangible Assets	62.58	64.05	65.65	86.29	74.32
Long-Term Deferred Tax Assets	27.63	30.63	24.43	5.03	3.52
Long-Term Deferred Charges	-	-	0.09	0.2	0.31
Other Long-Term Assets	70.5	4.23	21.74	183.51	5.18
Total Assets	2,531	2,527	2,616	1,877	1,874
Accounts Payable	436.33	288.74	347.66	172.95	276.17
Accrued Expenses	13.9	16.45	15.59	15.92	15.64
Short-Term Debt	-	-	-	34.87	10.01
Current Portion of Leases	-	-	0.03	0.02	0.02
Current Income Taxes Payable	5.25	4.61	19.49	9.27	9.04
Current Unearned Revenue	11.87	11.09	14.37	26.26	22.15
Other Current Liabilities	124.55	233.89	235.49	41.64	14.05
Total Current Liabilities	591.91	554.79	632.62	300.94	347.08
Long-Term Debt	274.02	263.23	252.24	-	-
Long-Term Leases	-	-	0.01	0.04	0.06
Long-Term Unearned Revenue	102	112.16	76.85	4.77	1.22
Long-Term Deferred Tax Liabilities	6.46	9.19	11.95	-	-
Other Long-Term Liabilities	5.01	-	-	-	-
Total Liabilities	979.42	939.37	973.67	305.75	348.37
Common Stock	208.89	208.88	208.88	208.88	208.88
Additional Paid-In Capital	551.95	551.85	551.84	551.84	551.84
Retained Earnings	760.69	796.52	851	810.72	764.63
Comprehensive Income & Other	30.29	30.3	30.3	-	-
Shareholders' Equity	1,552	1,588	1,642	1,571	1,525
Total Liabilities & Equity	2,531	2,527	2,616	1,877	1,874
Total Debt	274.02	263.23	252.28	34.94	10.1
Net Cash (Debt)	-94.71	-90.16	174.57	319.4	491.32
Net Cash Growth	-	-	-45.34%	-34.99%	-25.71%
Net Cash Per Share	-0.19	-0.42	0.83	1.53	2.34
Filing Date Shares Outstanding	207.91	208.88	208.88	208.88	208.88
Total Common Shares Outstanding	207.91	208.88	208.88	208.88	208.88
Working Capital	654.36	686.29	777.07	868.49	1,174
Book Value Per Share	7.46	7.60	7.86	7.52	7.30
Tangible Book Value	1,489	1,523	1,576	1,485	1,451
Tangible Book Value Per Share	7.16	7.29	7.55	7.11	6.95
Buildings	-	508.99	330.67	184.59	184.57
Machinery	-	836.95	295.89	254	227.65
Construction In Progress	-	16.91	579.01	195.96	33.12

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