SHA:603960 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	441.19	416.78	394.92	325.33	245	330.16
Cash & Short-Term Investments	441.19	416.78	394.92	325.33	245	330.16
Cash Growth	14.43%	5.54%	21.39%	32.79%	-25.79%	-34.16%
Accounts Receivable	142.12	207.19	275.95	303.33	337.52	240.68
Other Receivables	11.7	1.54	0.31	1.86	2.02	1.14
Receivables	153.81	208.73	276.26	305.18	339.55	241.82
Inventory	184.09	157.59	138.88	152.97	220.12	166.27
Other Current Assets	8	4.52	5.09	7.52	16.29	19.96
Total Current Assets	787.09	787.62	815.15	791.02	820.96	758.2
Property, Plant & Equipment	226.18	232.68	244.36	253.41	265.41	254.51
Long-Term Investments	58.47	59.39	55.93	29.1	13.06	12.64
Goodwill	106.08	106.08	112.11	112.11	112.11	122.25
Other Intangible Assets	58.65	59.58	62.91	66.61	68.93	74.56
Long-Term Deferred Tax Assets	3.37	4.25	3.15	4.03	3.97	2.45
Long-Term Deferred Charges	2.5	2.34	2.24	1.12	1.54	1.14
Other Long-Term Assets	2.15	1.67	3.17	0.02	3.25	-
Total Assets	1,245	1,254	1,299	1,257	1,289	1,226
Accounts Payable	46.5	65.51	91.77	73.83	111.28	121.39
Accrued Expenses	12.82	16.72	26.75	32.75	39.99	19.11
Short-Term Debt	6	6.01	7.01	-	35	30
Current Income Taxes Payable	1.87	4.1	2.6	5.86	2.2	0.03
Current Unearned Revenue	44.48	29.34	41.77	38.11	58.09	33.2
Other Current Liabilities	4.7	6.54	15.9	18.86	39.22	1.35
Total Current Liabilities	116.38	128.22	185.79	169.41	285.77	205.08
Long-Term Unearned Revenue	0.45	0.49	0.65	0.82	0.98	1.15
Long-Term Deferred Tax Liabilities	1.02	1.05	1.2	1.35	1.48	-
Total Liabilities	117.84	129.76	187.65	171.58	288.24	206.23
Common Stock	262.2	262.2	263.02	263.06	263.5	260.94
Additional Paid-In Capital	312.03	312.03	319.98	322.25	321.84	312.74
Retained Earnings	551.61	548.78	536.17	516.36	443.39	394.1
Treasury Stock	-	-	-8.97	-15.84	-27.74	-
Comprehensive Income & Other	0.01	0.01	-0	0	-	-
Total Common Equity	1,126	1,123	1,110	1,086	1,001	967.78
Minority Interest	0.81	0.84	1.17	-0	-	51.74
Shareholders' Equity	1,127	1,124	1,111	1,086	1,001	1,020
Total Liabilities & Equity	1,245	1,254	1,299	1,257	1,289	1,226
Total Debt	6	6.01	7.01	-	35	30
Net Cash (Debt)	435.19	410.77	387.91	325.33	210	300.16
Net Cash Growth	14.66%	5.89%	19.23%	54.92%	-30.04%	-38.25%
Net Cash Per Share	1.65	1.64	1.48	1.23	0.81	1.14
Filing Date Shares Outstanding	282.6	242.25	263.02	253.24	270.68	260.94
Total Common Shares Outstanding	282.6	242.25	263.02	253.24	270.68	260.94
Working Capital	670.72	659.41	629.36	621.61	535.19	553.11
Book Value Per Share	3.98	4.64	4.22	4.29	3.70	3.71
Tangible Book Value	961.12	957.36	935.18	907.11	819.95	770.97
Tangible Book Value Per Share	3.40	3.95	3.56	3.58	3.03	2.95
Buildings	-	-	207.34	195.1	195.1	192.31
Machinery	-	-	212.95	203.52	190.88	148.99
Construction In Progress	-	-	9.35	14.9	17.14	30.52

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