SHA:605177 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	204.33	243.97	513.18	711.12	501.58	556.1
Short-Term Investments	-	84.93	17.83	177.9	-	-
Trading Asset Securities	80	120	50	-	30	50
Cash & Short-Term Investments	284.33	448.89	581.01	889.03	531.58	606.1
Cash Growth	-24.47%	-22.74%	-34.65%	67.24%	-12.29%	-38.74%
Accounts Receivable	136.28	184.79	178.1	209.59	159.39	128.89
Other Receivables	5.09	6.53	4.76	1.45	1.42	1.65
Receivables	141.38	191.33	182.85	211.03	160.81	130.54
Inventory	363.67	537.18	720.57	621.06	482.84	419.33
Prepaid Expenses	-	-	-	-	1.08	-
Other Current Assets	121.34	16.05	44.52	25.94	12.42	16.45
Total Current Assets	910.72	1,193	1,529	1,747	1,189	1,172
Property, Plant & Equipment	1,777	1,900	1,744	1,352	1,011	834.88
Long-Term Investments	49.92	80.69	148.28	150.64	181.46	10
Other Intangible Assets	67.38	59.87	60.06	61.85	62.97	45.15
Long-Term Deferred Tax Assets	75.31	50.8	32.89	12.53	12.9	10.52
Long-Term Deferred Charges	55.24	51.73	33.94	10.82	4.31	3.89
Other Long-Term Assets	11.52	1.74	8.09	8.59	10.5	174.21
Total Assets	2,947	3,338	3,557	3,343	2,472	2,251

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	283.19	369.77	731.77	520.12	411.09	406.25
Accrued Expenses	26.3	45.94	37.27	40.83	37.02	24.65
Short-Term Debt	66.88	228.62	98.94	120.07	95.01	-
Current Portion of Long-Term Debt	24.37	3.77	9.1	-	0.02	-
Current Portion of Leases	-	2.91	2.98	3.82	3.63	-
Current Income Taxes Payable	14.38	5.76	0	6.79	9.49	3.64
Current Unearned Revenue	19.35	11.94	10.36	3.23	8.41	9.41
Other Current Liabilities	12.87	22.19	23.13	3.19	5.02	5.34
Total Current Liabilities	447.34	690.89	913.55	698.05	569.69	449.29
Long-Term Debt	792.15	752.33	677.24	576.43	15	-
Long-Term Leases	6.09	6.57	4.8	6.62	9.1	2.38
Long-Term Unearned Revenue	76.55	81.87	85.84	46.2	36.71	40.47
Long-Term Deferred Tax Liabilities	-	-	0.16	0.46	0.67	-
Other Long-Term Liabilities	0.21	0.33	0.27	0.32	0.79	0.85
Total Liabilities	1,322	1,532	1,682	1,328	631.95	492.99

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	114.71	114.73	114.75	113.6	113.6	113.6
Additional Paid-In Capital	1,136	1,130	1,118	1,129	1,129	1,129
Retained Earnings	269.24	466.67	549.06	686.3	597.99	516.31
Treasury Stock	-9.98	-20.29	-20.55	-30	-	-
Comprehensive Income & Other	115.39	114.73	113.18	116.72	-0.48	-0.48
Total Common Equity	1,625	1,806	1,875	2,015	1,840	1,758
Minority Interest	-	-	0.12	-	-	-
Shareholders' Equity	1,625	1,806	1,875	2,015	1,840	1,758
Total Liabilities & Equity	2,947	3,338	3,557	3,343	2,472	2,251

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	889.49	994.2	793.06	706.93	122.76	2.38
Net Cash (Debt)	-605.16	-545.31	-212.05	182.1	408.82	603.72
Net Cash Growth	-	-	-	-55.46%	-32.28%	-38.36%
Net Cash Per Share	-5.29	-4.77	-1.90	1.46	3.60	5.29
Filing Date Shares Outstanding	114.5	112.93	108.61	111.43	113.6	113.6
Total Common Shares Outstanding	114.5	112.93	108.61	112.58	113.6	113.6
Working Capital	463.38	502.56	615.4	1,049	619.04	723.13
Book Value Per Share	14.19	15.99	17.26	17.90	16.20	15.48
Tangible Book Value	1,558	1,746	1,815	1,953	1,777	1,713
Tangible Book Value Per Share	13.60	15.46	16.71	17.35	15.64	15.08
Buildings	-	1,126	632.03	545.94	454.64	410.59
Machinery	-	1,406	1,189	1,084	878.92	723.64
Construction In Progress	-	170.74	599.8	296.55	157.09	114.87