SHA:605123 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	2,082	1,291	1,578	1,115	515.88
Short-Term Investments	-	-	404.18	300.85	9.94
Trading Asset Securities	130.1	686.56	-	722.55	30.69
Cash & Short-Term Investments	2,213	1,978	1,982	2,139	556.51
Cash Growth	11.87%	-0.22%	-7.32%	284.32%	-26.80%
Accounts Receivable	2,043	2,087	2,104	1,353	1,093
Other Receivables	9.28	11.02	5.52	51.24	18.15
Receivables	2,053	2,098	2,109	1,404	1,111
Inventory	1,302	1,078	913.38	897.83	499.1
Other Current Assets	161.56	107.29	110.83	261.15	136.33
Total Current Assets	5,728	5,260	5,116	4,702	2,303
Property, Plant & Equipment	2,151	1,548	1,143	972.71	744.69
Other Intangible Assets	208.68	170.41	154.29	126.81	37.31
Long-Term Deferred Tax Assets	66.08	55.13	49.52	56.86	31.03
Long-Term Deferred Charges	1.02	1.89	-	-	-
Other Long-Term Assets	63.76	197.73	153.04	133.24	23.22
Total Assets	8,219	7,234	6,615	5,992	3,139
Accounts Payable	2,193	1,696	1,530	1,291	900.48
Accrued Expenses	50.26	40.7	40.32	34.31	21.76
Short-Term Debt	510.34	410.24	220.19	310.2	30.04
Current Portion of Long-Term Debt	19.62	80.06	100.08	-	-
Current Portion of Leases	9.49	8.99	7.3	3.97	3.39
Current Income Taxes Payable	17.04	27.19	23.4	-	4.23
Current Unearned Revenue	79.01	63.56	52.25	23.83	21.35
Other Current Liabilities	57.74	150.04	55.02	130.52	106.07
Total Current Liabilities	2,937	2,477	2,029	1,794	1,087
Long-Term Debt	140	-	-	50	-
Long-Term Leases	50.87	56.27	65.34	34.65	38.68
Long-Term Unearned Revenue	444.75	209.38	59.55	82.6	69.76
Long-Term Deferred Tax Liabilities	72.34	78	82.57	81.2	30.62
Other Long-Term Liabilities	-	-	87.35	87.35	88.35
Total Liabilities	3,645	2,821	2,323	2,130	1,315
Common Stock	121.17	121.17	121.17	121.17	108
Additional Paid-In Capital	2,587	2,587	2,510	2,510	940.56
Retained Earnings	1,866	1,706	1,660	1,231	776.05
Comprehensive Income & Other	0.1	0.03	0.07	-0.04	-0.05
Shareholders' Equity	4,574	4,413	4,291	3,862	1,825
Total Liabilities & Equity	8,219	7,234	6,615	5,992	3,139
Total Debt	730.32	555.56	392.91	398.82	72.11
Net Cash (Debt)	1,482	1,422	1,589	1,740	484.4
Net Cash Growth	4.21%	-10.50%	-8.66%	259.20%	-30.82%
Net Cash Per Share	12.23	11.74	13.12	15.63	4.49
Filing Date Shares Outstanding	121.17	121.17	121.17	121.17	108
Total Common Shares Outstanding	121.17	121.17	121.17	121.17	108
Working Capital	2,792	2,784	3,087	2,908	1,216
Book Value Per Share	37.75	36.42	35.42	31.87	16.89
Tangible Book Value	4,365	4,243	4,137	3,735	1,787
Tangible Book Value Per Share	36.03	35.02	34.14	30.83	16.55
Buildings	520.72	369.52	221.52	124.46	117.47
Machinery	1,497	1,167	1,016	912.18	543.73
Construction In Progress	630.51	362.89	126.17	100.35	205.3

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