SHA:605178 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	329.54	319.34	229.4	227.89	337.23	559.85
Trading Asset Securities	-	-	-	-	110.27	100.17
Cash & Short-Term Investments	329.54	319.34	229.4	227.89	447.5	660.02
Cash Growth	19.88%	39.21%	0.66%	-49.07%	-32.20%	-31.88%
Accounts Receivable	618.74	697.78	1,020	1,261	1,380	1,548
Other Receivables	24.21	24.15	31.92	27.04	16.99	10.09
Receivables	642.95	721.94	1,052	1,288	1,397	1,558
Inventory	29.55	20.26	23.31	29.24	13.31	14.43
Prepaid Expenses	-	30.33	38.04	45.16	48.97	48.34
Other Current Assets	159	80.06	90	114.38	156.57	151.11
Total Current Assets	1,161	1,172	1,433	1,705	2,064	2,432
Property, Plant & Equipment	316.01	285.2	282.51	250.77	135.58	129.33
Long-Term Investments	30.84	27.06	20.53	20.97	11.22	2
Goodwill	-	-	12.98	29.43	-	-
Other Intangible Assets	21.7	22.18	15.66	13.42	0.96	0.93
Long-Term Accounts Receivable	-	29.29	17.23	24.46	31.8	26.89
Long-Term Deferred Tax Assets	85.18	83.43	72.27	67.91	47.25	32.34
Long-Term Deferred Charges	26.59	26.45	25.66	20.5	0.25	0.4
Other Long-Term Assets	35.65	6.9	4.21	12.05	31.82	2.84
Total Assets	1,677	1,652	1,884	2,144	2,323	2,627
Accounts Payable	165.99	121.15	115.77	111.44	173.64	268.91
Accrued Expenses	6.75	78.48	87.4	69.89	106.47	83.45
Short-Term Debt	111.88	82.25	79.26	95.31	77	80.47
Current Portion of Long-Term Debt	19.34	-	-	5.01	-	-
Current Portion of Leases	-	23.06	14.4	14.07	2.11	2.93
Current Income Taxes Payable	0.41	1.06	0.78	0.68	-	-
Current Unearned Revenue	24.66	13.89	15.49	20.73	3.54	2.25
Other Current Liabilities	99.26	108.03	129.45	131.53	147.72	146.23
Total Current Liabilities	428.3	427.92	442.56	448.66	510.48	584.22
Long-Term Debt	10	10	-	-	-	-
Long-Term Leases	56.74	51.32	42.67	40.08	4.12	6.8
Long-Term Deferred Tax Liabilities	24.09	23.41	13.8	11.62	0.85	-
Total Liabilities	519.13	512.66	499.03	500.35	515.46	591.02
Common Stock	99.08	99.08	99.25	99.25	99.25	99.25
Additional Paid-In Capital	1,231	1,231	1,210	1,204	1,225	1,226
Retained Earnings	-240.82	-234.03	10.37	272.36	479.64	688.66
Treasury Stock	-10.31	-10.31	-6.1	-6.1	-16.63	-
Comprehensive Income & Other	25.07	24.7	22.53	21.47	20.72	21.07
Total Common Equity	1,104	1,110	1,336	1,591	1,808	2,035
Minority Interest	53.98	29.43	49.3	52.58	-0.98	0.7
Shareholders' Equity	1,158	1,140	1,385	1,644	1,807	2,036
Total Liabilities & Equity	1,677	1,652	1,884	2,144	2,323	2,627
Total Debt	197.96	166.64	136.33	154.46	83.23	90.19
Net Cash (Debt)	131.58	152.71	93.07	73.43	364.27	569.83
Net Cash Growth	9.69%	64.08%	26.75%	-79.84%	-36.07%	-37.65%
Net Cash Per Share	1.34	1.54	0.94	0.74	3.68	5.79
Filing Date Shares Outstanding	97.08	99.25	99.25	99.25	99.25	99.25
Total Common Shares Outstanding	97.08	99.25	99.25	99.25	99.25	99.25
Working Capital	732.75	744.01	990.33	1,256	1,553	1,848
Book Value Per Share	11.37	11.19	13.46	16.03	18.22	20.51
Tangible Book Value	1,082	1,088	1,307	1,549	1,807	2,034
Tangible Book Value Per Share	11.15	10.96	13.17	15.60	18.21	20.50
Buildings	-	162.25	166.09	160.7	127.1	108.72
Machinery	-	117.66	114.24	87.71	29.33	21.45
Construction In Progress	-	1.79	7.53	11.11	-	12.02
Order Backlog	-	291.44	-	-	-	-

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