SHA:605166 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	2,190	2,509	2,765	2,088	1,847	1,501
Short-Term Investments	-	-	-	-	40	45
Trading Asset Securities	50.07	-	-	-	-	5.17
Cash & Short-Term Investments	2,240	2,509	2,765	2,088	1,887	1,551
Cash Growth	-10.37%	-9.25%	32.43%	10.63%	21.66%	52.72%
Accounts Receivable	543.52	457.58	583.49	627.09	333.93	291.29
Other Receivables	4.3	7.5	7.01	3.84	31.46	24.43
Receivables	547.82	465.08	590.5	630.93	365.39	315.72
Inventory	568.52	408.85	576.46	247.76	361.22	438.87
Other Current Assets	284.83	267.63	319.96	301.62	286.81	303.71
Total Current Assets	3,641	3,650	4,252	3,268	2,900	2,609
Property, Plant & Equipment	1,902	1,842	1,637	1,204	986.14	776.19
Other Intangible Assets	195.41	196.55	200.81	204.9	97.61	47.45
Long-Term Deferred Tax Assets	7.04	7.5	8.1	8.06	8.83	5.82
Total Assets	5,908	5,697	6,097	4,685	3,993	3,439
Accounts Payable	2,534	2,381	2,794	2,389	1,729	1,659
Accrued Expenses	9.04	20.03	20.22	25.52	14.81	14.33
Current Portion of Leases	0.74	0.74	0.66	-	0.72	0.73
Current Income Taxes Payable	7.31	3.19	15.16	2.75	8.34	1.17
Current Unearned Revenue	88.01	77.92	78.48	85.95	75.47	142.62
Other Current Liabilities	11.34	10.33	11.59	14.53	17.28	21.39
Total Current Liabilities	2,650	2,493	2,920	2,517	1,846	1,839
Long-Term Debt	992.28	975.73	927.16	206.98	347.08	-
Long-Term Leases	7.48	7.39	6.18	-	-	-
Long-Term Unearned Revenue	36.5	37.1	40.58	33.93	24.89	27.11
Long-Term Deferred Tax Liabilities	-	-	-	-	0.03	0.78
Other Long-Term Liabilities	-	-	-	1	-	-
Total Liabilities	3,687	3,513	3,894	2,759	2,218	1,867
Common Stock	314.73	314.73	315.57	315.57	315.55	315.55
Additional Paid-In Capital	460.67	460.67	502.62	502.53	502.36	502.73
Retained Earnings	1,213	1,178	1,075	865.31	734.98	557.5
Comprehensive Income & Other	23.15	23.15	29.79	27.85	27.87	-
Total Common Equity	2,011	1,977	1,923	1,711	1,581	1,376
Minority Interest	210.28	206.21	279.84	214.62	194.35	195.69
Shareholders' Equity	2,221	2,183	2,203	1,926	1,775	1,571
Total Liabilities & Equity	5,908	5,697	6,097	4,685	3,993	3,439
Total Debt	1,001	983.86	934	206.98	347.8	0.73
Net Cash (Debt)	1,240	1,525	1,831	1,881	1,539	1,550
Net Cash Growth	-19.77%	-16.69%	-2.66%	22.18%	-0.72%	52.64%
Net Cash Per Share	3.50	4.19	5.24	5.93	4.89	4.90
Filing Date Shares Outstanding	314.73	314.73	315.57	315.57	315.55	315.55
Total Common Shares Outstanding	314.73	314.73	315.57	315.57	315.55	315.55
Working Capital	990.83	1,157	1,331	750.44	1,055	769.89
Book Value Per Share	6.39	6.28	6.10	5.42	5.01	4.36
Tangible Book Value	1,816	1,781	1,723	1,506	1,483	1,328
Tangible Book Value Per Share	5.77	5.66	5.46	4.77	4.70	4.21
Buildings	-	566.85	470.43	341.88	219.14	158.43
Machinery	-	955.35	857.3	851.21	590.03	536.3
Construction In Progress	-	711.99	627.68	267.45	372.41	230.41

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