SHA:605005 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	290.43	238.23	273.65	218.78	162.36	151.63
Trading Asset Securities	-	-	-	-	-	50
Cash & Short-Term Investments	290.43	238.23	273.65	218.78	162.36	201.63
Cash Growth	11.73%	-12.94%	25.08%	34.75%	-19.48%	22.60%
Accounts Receivable	581.73	634.87	596.45	575.37	449.48	431.54
Other Receivables	9.23	7.42	16.31	8.57	3.48	7.84
Receivables	590.96	642.29	612.75	583.95	452.97	439.39
Inventory	464.12	448.41	456.26	458.5	535.74	467.87
Other Current Assets	38.91	29.18	9.01	5.06	10.57	17.25
Total Current Assets	1,384	1,358	1,352	1,266	1,162	1,126
Property, Plant & Equipment	1,068	1,028	881.44	806.59	689.75	580.45
Long-Term Investments	33.91	33.93	33.92	27.83	0.11	-
Other Intangible Assets	124.99	127.62	126.31	132.21	87.42	52.1
Long-Term Deferred Tax Assets	44.79	43.2	29.51	24.42	25.34	15.13
Long-Term Deferred Charges	29.74	32.96	36.27	42.46	22.8	22.77
Total Assets	2,686	2,624	2,459	2,300	1,987	1,797
Accounts Payable	238.45	244.45	188.28	201.19	161.22	174.16
Accrued Expenses	34.37	59.19	89.5	74.26	71.71	65.04
Short-Term Debt	160.1	100.17	30.05	50.05	4.73	12.39
Current Portion of Long-Term Debt	4.95	3.67	1.15	31.13	0.63	0.14
Current Portion of Leases	-	-	1.46	1.08	2.3	2.47
Current Income Taxes Payable	21.24	30.97	15.39	12.32	9.32	7.55
Current Unearned Revenue	22.14	15.07	39.14	46.77	45.29	29.69
Other Current Liabilities	2.35	1.25	49.03	36.77	22.31	9.64
Total Current Liabilities	483.6	454.75	414.02	453.58	317.51	301.08
Long-Term Debt	3.63	3.96	33.2	24.58	5.53	1.28
Long-Term Leases	4.33	4.88	1.36	0.29	1.12	2.7
Long-Term Unearned Revenue	34.57	36.62	25.62	22.03	30.38	36.9
Long-Term Deferred Tax Liabilities	29.85	29.08	28.27	29.29	28.36	19.51
Other Long-Term Liabilities	2.56	2.63	2.46	2.44	2.49	0.95
Total Liabilities	558.55	531.92	504.94	532.21	385.39	362.42
Common Stock	401	401	401	401	404.14	401
Additional Paid-In Capital	407.29	407.29	407.29	407.29	426.75	387.45
Retained Earnings	1,300	1,255	1,128	942.66	777.16	647.24
Treasury Stock	-	-	-	-	-11.06	-
Comprehensive Income & Other	19.62	28.41	17.6	16.61	4.68	-1.53
Total Common Equity	2,127	2,092	1,954	1,768	1,602	1,434
Shareholders' Equity	2,127	2,092	1,954	1,768	1,602	1,434
Total Liabilities & Equity	2,686	2,624	2,459	2,300	1,987	1,797
Total Debt	173.02	112.68	67.24	107.13	14.31	18.97
Net Cash (Debt)	117.41	125.55	206.41	111.65	148.05	182.66
Net Cash Growth	-21.68%	-39.17%	84.88%	-24.59%	-18.95%	57.25%
Net Cash Per Share	0.29	0.32	0.51	0.28	0.37	0.46
Filing Date Shares Outstanding	405.33	386.09	401	401	405.08	404.14
Total Common Shares Outstanding	405.33	386.09	401	401	405.08	401
Working Capital	900.82	903.36	937.65	812.71	844.13	825.05
Book Value Per Share	5.25	5.42	4.87	4.41	3.95	3.58
Tangible Book Value	2,002	1,964	1,828	1,635	1,514	1,382
Tangible Book Value Per Share	4.94	5.09	4.56	4.08	3.74	3.45
Buildings	-	-	341.62	196.83	196.83	195.74
Machinery	-	-	1,119	1,022	863.28	745.84
Construction In Progress	-	-	204.97	278.86	230.96	152.82

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