SHA:605028 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	113.6	165.16	373.82	220.04	400.94
Short-Term Investments	52.04	105.49	94.06	184.3	-
Trading Asset Securities	364.31	273.55	110	240	240
Accounts Receivable	75.68	91	96.65	106.26	87.12
Other Receivables	0.55	0.56	0.63	3.25	1.47
Inventory	7.88	7.89	8.1	9.29	7.15
Other Current Assets	29.14	26.13	25.61	24.92	22.51
Total Current Assets	643.19	669.78	708.88	788.07	759.19
Property, Plant & Equipment	832.21	795.03	694.22	441.07	339.56
Other Intangible Assets	37.5	38.74	39.98	41.22	30.09
Long-Term Investments	21.81	19.19	18.69	12.41	3.82
Long-Term Deferred Tax Assets	-	-	1.78	2.3	2.24
Long-Term Deferred Charges	0.38	0.66	1.16	1.68	-
Other Long-Term Assets	1.99	47.14	50.27	42.81	17.4
Total Assets	1,537	1,571	1,515	1,330	1,152
Accounts Payable	34.62	32.16	46.23	48.22	22.36
Accrued Expenses	10.66	8.93	7.47	7.09	7.54
Current Unearned Revenue	0.25	0.1	0.05	0.56	28.41
Current Portion of Leases	1.73	1.2	1.2	3.01	3.83
Current Income Taxes Payable	7.23	8.01	6.11	-	10.04
Other Current Liabilities	40.39	77.64	80.67	32.13	9.76
Total Current Liabilities	94.88	128.05	141.73	91.01	81.94
Long-Term Leases	-	-	-	-	3.01
Long-Term Unearned Revenue	37.05	30.35	29.77	32.67	15.23
Long-Term Deferred Tax Liabilities	17.95	18.88	22.75	25.21	-
Other Long-Term Liabilities	15.55	17.98	21.17	21.29	18.85
Total Liabilities	165.43	195.26	215.43	170.18	119.02
Common Stock	160	160	160	160	160
Additional Paid-In Capital	541.61	541.61	541.61	541.61	541.61
Retained Earnings	670.05	673.67	597.95	457.77	331.68
Shareholders' Equity	1,372	1,375	1,300	1,159	1,033
Total Liabilities & Equity	1,537	1,571	1,515	1,330	1,152
Total Debt	1.73	1.2	1.2	3.01	6.84
Net Cash (Debt)	528.21	543.01	576.68	641.34	634.1
Net Cash Growth	-2.73%	-5.84%	-10.08%	1.14%	2237.80%
Net Cash Per Share	3.31	3.38	3.62	4.01	4.63
Filing Date Shares Outstanding	160	160	160	160	160
Total Common Shares Outstanding	160	160	160	160	160
Working Capital	548.32	541.73	567.15	697.06	677.26
Book Value Per Share	8.57	8.60	8.12	7.25	6.46
Tangible Book Value	1,334	1,337	1,260	1,118	1,003
Tangible Book Value Per Share	8.34	8.35	7.87	6.99	6.27
Buildings	354.68	314.72	172.23	169.13	163.53
Machinery	916.4	842.37	687.76	531.26	440.66
Construction In Progress	48.41	49.69	211.3	52.61	18.07

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.