SHA:605188 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	400.47	338.3	644.81	695.93	603.54	441.62
Trading Asset Securities	368.66	383.99	42.77	0.65	36.64	168.44
Cash & Short-Term Investments	769.13	722.3	687.57	696.57	640.18	610.06
Cash Growth	2.64%	5.05%	-1.29%	8.81%	4.94%	-22.79%
Accounts Receivable	16.27	15.79	21.24	21.4	54.12	36.83
Other Receivables	15.34	15.86	23.12	24.29	27.96	24.57
Receivables	31.62	31.65	44.36	45.68	82.08	61.39
Inventory	252.15	251.43	286.17	259.08	287.3	269.89
Prepaid Expenses	-	-	-	-	-	0.89
Other Current Assets	67.96	71.07	76.9	63.93	84.57	84.39
Total Current Assets	1,121	1,076	1,095	1,065	1,094	1,027
Property, Plant & Equipment	1,401	1,399	1,356	1,412	1,354	1,374
Long-Term Investments	3.75	3.75	3.61	3.55	3.35	3.07
Other Intangible Assets	199.25	200.63	146.44	148.79	151.78	111.2
Long-Term Deferred Tax Assets	40.36	47.44	28.59	24.72	20.15	14.54
Long-Term Deferred Charges	7.01	8.03	14.34	21.52	19.39	25.58
Other Long-Term Assets	6.3	6.66	26.6	15.34	23.36	88.14
Total Assets	2,779	2,742	2,670	2,691	2,667	2,643
Accounts Payable	200.91	208.84	266.58	268.13	288.56	277.34
Accrued Expenses	23.67	32.22	49.06	49	66.5	49.47
Current Portion of Long-Term Debt	52.72	48.21	-	-	2.03	-
Current Portion of Leases	-	-	49.04	54.83	59.6	45.98
Current Income Taxes Payable	10.77	7.09	0.91	0.25	5.26	3.33
Current Unearned Revenue	448.44	428.76	428.17	429.2	425.23	381.32
Other Current Liabilities	233.57	241.63	160.07	157.15	134.74	140.68
Total Current Liabilities	970.08	966.75	953.83	958.56	981.91	898.1
Long-Term Debt	41.44	19.85	-	-	18	-
Long-Term Leases	529.27	541.51	588.45	609.9	553.22	634.84
Long-Term Unearned Revenue	13.69	13.85	9.46	8.58	8.86	9.29
Long-Term Deferred Tax Liabilities	0	-	0.01	-	0	0.48
Total Liabilities	1,554	1,542	1,552	1,577	1,562	1,543
Common Stock	502.36	502.36	495.58	495.58	495.58	495.58
Additional Paid-In Capital	393.82	396.65	332.14	325.76	325.76	325.76
Retained Earnings	326.44	299.88	289.18	291.46	281.9	277.95
Comprehensive Income & Other	1.61	1.61	1.51	1.46	1.31	1.1
Shareholders' Equity	1,224	1,200	1,118	1,114	1,105	1,100
Total Liabilities & Equity	2,779	2,742	2,670	2,691	2,667	2,643
Total Debt	623.44	609.56	637.49	664.73	632.85	680.82
Net Cash (Debt)	145.69	112.73	50.09	31.84	7.33	-70.76
Net Cash Growth	41.79%	125.08%	57.29%	334.38%	-	-
Net Cash Per Share	0.29	0.22	0.10	0.06	0.02	-0.14
Filing Date Shares Outstanding	502.11	502.38	495.58	495.58	495.58	495.58
Total Common Shares Outstanding	502.11	502.38	495.58	495.58	495.58	495.58
Working Capital	150.77	109.7	141.17	106.71	112.22	128.53
Book Value Per Share	2.44	2.39	2.26	2.25	2.23	2.22
Tangible Book Value	1,025	999.87	971.97	965.47	952.77	989.19
Tangible Book Value Per Share	2.04	1.99	1.96	1.95	1.92	2.00
Buildings	-	-	937.17	889.49	807.87	793.39
Machinery	-	-	273.45	273.44	259.08	258.54
Construction In Progress	-	-	19.57	57.49	99.34	3.08

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