SHA:605162 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	183.68	311.98	371.36	451.82	196.51	239.3
Trading Asset Securities	221.37	120.02	100.27	60.06	-	50.09
Accounts Receivable	177.04	190.67	218.36	258.62	199.29	185.48
Other Receivables	1.01	0.17	0.34	0.13	0.1	10.92
Inventory	45.95	55.24	100.71	73.51	106.91	40.61
Other Current Assets	65.59	32.68	31.44	19.47	16.22	54.78
Total Current Assets	694.65	710.76	822.49	863.61	519.03	581.18
Property, Plant & Equipment	1,022	1,003	970.93	809.91	719.85	686.56
Other Intangible Assets	85.94	86.69	66.22	52.64	55.68	57.87
Long-Term Deferred Tax Assets	20.51	20.19	14.24	13.02	10.75	4.51
Long-Term Deferred Charges	4.36	4.71	6.27	8.14	7.6	4.06
Long-Term Accounts Receivable	-	1	-	-	-	-
Other Long-Term Assets	21.71	19.18	5.07	3.54	37.28	30.53
Total Assets	1,849	1,845	1,885	1,751	1,350	1,365
Accounts Payable	39.58	17.05	86.61	55.79	45.01	71.91
Accrued Expenses	4.54	27.63	19.9	19.3	25.9	12.81
Short-Term Debt	20.02	20.02	20.02	18.02	107.72	102.79
Current Portion of Long-Term Debt	0.91	-	20.02	-	-	-
Current Unearned Revenue	2.46	2.64	3.59	4.35	4.38	5.19
Current Portion of Leases	-	0.92	0.95	-	-	12.49
Current Income Taxes Payable	15.14	22.92	22.7	33.82	4.74	11.89
Other Current Liabilities	12.77	14.09	11.44	9.57	7.53	5.97
Total Current Liabilities	95.41	105.26	185.24	140.85	195.28	223.06
Long-Term Debt	364.45	360.64	339.1	322.54	10.01	-
Long-Term Leases	2.31	2.53	3.44	-	-	-
Long-Term Unearned Revenue	51.83	52.65	26.95	26.33	23.12	-
Long-Term Deferred Tax Liabilities	2.87	3.78	10.01	1.22	1.51	1.86
Total Liabilities	516.86	524.86	564.75	490.94	229.92	224.92
Common Stock	400.59	400.58	400.51	400.49	400.45	400.45
Additional Paid-In Capital	355.21	355.15	354.52	354.3	354.01	354.01
Retained Earnings	587.27	575.13	524.1	449.65	361.1	385.33
Treasury Stock	-51.71	-51.71	-	-	-	-
Comprehensive Income & Other	39.02	39.03	39.12	52.22	-	-
Total Common Equity	1,330	1,318	1,318	1,257	1,116	1,140
Minority Interest	2.13	2.28	2.22	3.25	4.73	-
Shareholders' Equity	1,333	1,320	1,320	1,260	1,120	1,140
Total Liabilities & Equity	1,849	1,845	1,885	1,751	1,350	1,365
Total Debt	387.68	384.1	383.54	340.56	117.73	115.28
Net Cash (Debt)	17.38	47.9	88.09	171.32	78.78	174.11
Net Cash Growth	-79.57%	-45.63%	-48.58%	117.46%	-54.75%	-
Net Cash Per Share	0.04	0.12	0.22	0.41	0.20	0.49
Filing Date Shares Outstanding	394.72	401.71	400.51	400.49	400.45	400.45
Total Common Shares Outstanding	394.72	394.71	400.51	400.49	400.45	400.45
Working Capital	599.24	605.5	637.25	722.76	323.75	358.12
Book Value Per Share	3.37	3.34	3.29	3.14	2.79	2.85
Tangible Book Value	1,244	1,231	1,252	1,204	1,060	1,082
Tangible Book Value Per Share	3.15	3.12	3.13	3.01	2.65	2.70
Buildings	-	-	-	222.22	215.15	215.15
Machinery	-	1,352	1,329	845.27	682.3	640.79
Construction In Progress	-	109.08	1.08	22.53	56.14	63.27

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