SHA:605128 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	555.66	531.11	481.33	57.72	229.07	277.62
Trading Asset Securities	-	-	-	-	100.05	-
Cash & Short-Term Investments	555.66	531.11	481.33	57.72	329.12	277.62
Cash Growth	13.33%	10.34%	733.90%	-82.46%	18.55%	-41.55%
Accounts Receivable	1,389	1,651	1,280	940	700.07	394.55
Other Receivables	2.04	60.94	29.7	56	36.21	17.56
Receivables	1,391	1,712	1,310	996	736.28	412.11
Inventory	173.91	176.41	164.89	218.11	178.89	129.16
Other Current Assets	57.09	5.04	24.62	48.59	1.9	2.97
Total Current Assets	2,178	2,424	1,981	1,320	1,246	821.85
Property, Plant & Equipment	644.25	647.6	649.03	691.6	491.66	311.09
Long-Term Investments	102.91	79.22	73.42	118.9	100.8	88.82
Other Intangible Assets	50.62	51.48	45.97	47.44	48.71	48.27
Long-Term Deferred Tax Assets	27.43	30.05	21	22.04	35.04	15.03
Long-Term Deferred Charges	132.99	136.27	177.25	230.23	181.02	110.86
Other Long-Term Assets	13.73	57.22	73.5	24.68	62.29	25.22
Total Assets	3,150	3,426	3,021	2,455	2,166	1,421
Accounts Payable	712.96	977.75	668.09	579.73	404.26	243.22
Accrued Expenses	17.61	82.37	65.5	56.23	45.97	37.73
Short-Term Debt	5.5	5	116.08	36.03	0.5	14.02
Current Portion of Long-Term Debt	13.04	-	0.77	2.3	1.54	-
Current Portion of Leases	-	10.96	15.5	17.8	16.83	5.97
Current Income Taxes Payable	20.67	12.72	8.26	3.49	3.03	2.73
Current Unearned Revenue	3.79	0.79	3.39	0.38	6.65	2.31
Other Current Liabilities	152.97	166.07	119.43	193.12	185	52.99
Total Current Liabilities	926.53	1,256	997.01	889.09	663.77	358.98
Long-Term Debt	-	-	345.95	330.23	316.8	-
Long-Term Leases	20.93	25.02	14.76	25.33	36.69	24.11
Long-Term Unearned Revenue	5.58	2.45	3.06	4.94	5.25	4.9
Long-Term Deferred Tax Liabilities	-	-	0.04	0.01	10.83	0.46
Total Liabilities	953.04	1,283	1,361	1,250	1,033	388.45
Common Stock	211.14	211.14	129.99	80	80	80
Additional Paid-In Capital	1,207	1,207	874.81	542.96	542.86	542.86
Retained Earnings	810.16	763.84	630.84	523.79	442.62	404.87
Treasury Stock	-30	-30	-30	-	-	-
Comprehensive Income & Other	-5.61	-5.61	54.03	57.43	61.91	-
Total Common Equity	2,193	2,147	1,660	1,204	1,127	1,028
Minority Interest	3.92	-3.38	0.57	1.53	4.98	4.95
Shareholders' Equity	2,197	2,143	1,660	1,206	1,132	1,033
Total Liabilities & Equity	3,150	3,426	3,021	2,455	2,166	1,421
Total Debt	39.48	40.98	493.05	411.69	372.36	44.1
Net Cash (Debt)	516.18	490.13	-11.72	-353.97	-43.24	233.51
Net Cash Growth	18.72%	-	-	-	-	-47.98%
Net Cash Per Share	2.27	2.38	-0.07	-1.95	-0.24	1.32
Filing Date Shares Outstanding	210.51	209.89	191.83	176.42	176.42	176.42
Total Common Shares Outstanding	210.51	209.89	191.83	176.42	176.42	176.42
Working Capital	1,251	1,169	983.88	431.34	582.42	462.87
Book Value Per Share	10.42	10.23	8.65	6.83	6.39	5.83
Tangible Book Value	2,142	2,095	1,614	1,157	1,079	979.47
Tangible Book Value Per Share	10.18	9.98	8.41	6.56	6.11	5.55
Buildings	-	245.36	244.76	217.99	100.97	100.97
Machinery	-	738.18	673.42	652.49	409.41	293.64
Construction In Progress	-	10.14	6.98	11.89	116.31	45.15

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