SHA:605180 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	34.24	67.48	363.63	546.42	576.75	577.48
Trading Asset Securities	-	3.06	-	-	-	-
Cash & Short-Term Investments	34.24	70.54	363.63	546.42	576.75	577.48
Cash Growth	-86.93%	-80.60%	-33.45%	-5.26%	-0.13%	396.01%
Accounts Receivable	282.63	243	214.27	157.67	137.35	244.12
Other Receivables	0.13	0.19	1.42	3.21	20.48	0.84
Receivables	282.76	243.18	215.69	160.88	157.83	244.96
Inventory	96.27	99.47	99.15	113.44	140.07	136.82
Other Current Assets	23.69	19.18	40.09	21.39	27.59	43.88
Total Current Assets	436.95	432.37	718.57	842.14	902.24	1,003
Property, Plant & Equipment	531.95	540.09	406.34	249.1	185.28	195.49
Long-Term Investments	115.7	125.3	-	-	-	-
Other Intangible Assets	61.62	62.06	61.86	33.02	34.06	35.08
Long-Term Deferred Tax Assets	9.72	8.23	7.23	4.5	2.36	2.43
Long-Term Deferred Charges	0.03	0.05	0.11	0.07	0.16	0.07
Other Long-Term Assets	102.35	99.67	3.09	2.96	3.17	3.39
Total Assets	1,258	1,268	1,197	1,132	1,127	1,240
Accounts Payable	46.83	47.96	24.98	4.75	9.08	73.47
Accrued Expenses	5.03	14.16	14.43	13.99	12.38	14.37
Short-Term Debt	40.02	47.43	10.01	-	-	-
Current Portion of Long-Term Debt	-	0.78	-	-	-	-
Current Income Taxes Payable	3.32	0.88	3.03	2.43	-	5.37
Current Unearned Revenue	0.76	1.15	0.92	1.5	1.32	2.2
Other Current Liabilities	7.41	4.11	2.13	3.18	0.23	0.23
Total Current Liabilities	103.37	116.48	55.5	25.85	23.01	95.64
Long-Term Debt	5.13	5.13	-	-	-	-
Long-Term Deferred Tax Liabilities	1.32	1.3	1.09	1.22	1.35	-
Total Liabilities	109.81	122.91	56.59	27.07	24.36	95.64
Common Stock	169	169	169	169	130	100
Additional Paid-In Capital	567.26	567.26	567.26	567.26	606.26	636.26
Retained Earnings	412.24	408.59	404.35	368.44	366.66	407.69
Shareholders' Equity	1,149	1,145	1,141	1,105	1,103	1,144
Total Liabilities & Equity	1,258	1,268	1,197	1,132	1,127	1,240
Total Debt	45.14	53.34	10.01	-	-	-
Net Cash (Debt)	-10.91	17.19	353.62	546.42	576.75	577.48
Net Cash Growth	-	-95.14%	-35.28%	-5.26%	-0.13%	400.31%
Net Cash Per Share	-0.06	0.10	2.07	3.15	3.42	3.74
Filing Date Shares Outstanding	169	169	169	169	169	169
Total Common Shares Outstanding	169	169	169	169	169	169
Working Capital	333.58	315.89	663.07	816.29	879.24	907.5
Book Value Per Share	6.80	6.77	6.75	6.54	6.53	6.77
Tangible Book Value	1,087	1,083	1,079	1,072	1,069	1,109
Tangible Book Value Per Share	6.43	6.41	6.38	6.34	6.32	6.56
Buildings	-	189.43	117.22	117.22	117.22	118.01
Machinery	-	526.59	233.09	223.73	19.97	209.42
Construction In Progress	-	48.61	244.19	77.84	0.1	9.62

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