SHA:605168 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	679.87	844.84	624.58	905.45	558.96	779.84
Trading Asset Securities	105	10	-	-	-	-
Cash & Short-Term Investments	784.87	854.84	624.58	905.45	558.96	779.84
Cash Growth	3.83%	36.87%	-31.02%	61.99%	-28.32%	-34.67%
Accounts Receivable	2,081	1,760	2,509	2,398	3,098	1,479
Other Receivables	100.03	111.05	73.16	102.16	88.1	52.66
Receivables	2,181	1,871	2,583	2,500	3,186	1,531
Inventory	80.19	96.02	68.85	38.33	15.39	8
Other Current Assets	256.33	223.7	226.8	239.49	221.29	117.13
Total Current Assets	3,303	3,046	3,503	3,683	3,982	2,436
Property, Plant & Equipment	188.98	193.84	194.56	206.3	52.44	27.31
Long-Term Investments	841.71	862.64	853.84	963.14	1,035	568.07
Other Intangible Assets	3.58	2.46	29.59	29.7	30.25	1.73
Long-Term Deferred Tax Assets	26.88	17.7	22.03	12.06	8.9	3.47
Long-Term Deferred Charges	1.64	1.77	3.28	3.13	2.04	3.33
Other Long-Term Assets	14.24	24.39	8.98	6.39	196.7	169.38
Total Assets	4,380	4,148	4,615	4,904	5,307	3,210
Accounts Payable	945.05	806.72	948.61	1,033	2,017	922.6
Accrued Expenses	19.75	62.07	68.53	82.47	94.5	82.14
Short-Term Debt	445.54	395.61	641.81	581.84	379.66	100
Current Portion of Long-Term Debt	15.76	-	48.62	4.5	1.04	-
Current Portion of Leases	-	15.18	20.56	23.61	24.06	12.48
Current Income Taxes Payable	68.73	10.02	25.66	18.07	33.33	33.54
Current Unearned Revenue	33.2	36.26	26.09	33.5	29.09	32.1
Other Current Liabilities	28.53	5.49	15.84	17.2	15.69	5.28
Total Current Liabilities	1,557	1,331	1,796	1,794	2,594	1,188
Long-Term Debt	-	-	62.25	110.75	38.5	-
Long-Term Leases	4.34	8.33	2.31	12.3	23.16	5.71
Long-Term Deferred Tax Liabilities	33.42	33.93	39.21	63.36	54.48	8.59
Other Long-Term Liabilities	49.88	49.88	25.73	-	-	-
Total Liabilities	1,644	1,423	1,925	1,981	2,710	1,202
Common Stock	210.82	210.82	210.82	147.79	101.41	69.68
Additional Paid-In Capital	907.52	907.52	907.66	1,074	1,088	1,076
Retained Earnings	1,616	1,605	1,569	1,693	1,388	861.09
Total Common Equity	2,735	2,724	2,687	2,915	2,578	2,007
Minority Interest	1.06	1.32	2.52	7.81	19.74	-
Shareholders' Equity	2,736	2,725	2,690	2,923	2,597	2,007
Total Liabilities & Equity	4,380	4,148	4,615	4,904	5,307	3,210
Total Debt	465.64	419.11	775.55	733	466.42	118.18
Net Cash (Debt)	319.23	435.72	-150.97	172.45	92.54	661.66
Net Cash Growth	-	-	-	86.35%	-86.01%	-43.63%
Net Cash Per Share	1.49	2.06	-0.81	0.96	0.50	3.12
Filing Date Shares Outstanding	219.97	210.82	210.82	214.29	213.21	212.07
Total Common Shares Outstanding	219.97	210.82	210.82	214.29	213.21	212.07
Working Capital	1,746	1,714	1,707	1,889	1,388	1,248
Book Value Per Share	12.43	12.92	12.75	13.60	12.09	9.46
Tangible Book Value	2,731	2,721	2,658	2,886	2,547	2,005
Tangible Book Value Per Share	12.42	12.91	12.61	13.47	11.95	9.46
Buildings	-	170.97	170.97	-	-	-
Machinery	-	11.77	12.63	13.69	11.49	8.71
Construction In Progress	-	-	0.54	163.25	-	-

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