SHA:605208 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	309.37	240.12	50.65	107.64	163.42	126.78
Short-Term Investments	-	-	10.59	-	-	-
Trading Asset Securities	34.54	16	-	-	2.08	12.2
Cash & Short-Term Investments	343.92	256.12	61.24	107.64	165.49	138.98
Cash Growth	139.10%	318.25%	-43.11%	-34.96%	19.08%	115.45%
Accounts Receivable	2,019	2,028	1,422	1,158	983.35	797.38
Other Receivables	4.58	3.27	3.87	2.73	5.33	1.58
Receivables	2,024	2,032	1,425	1,160	988.68	798.95
Inventory	750.07	668.28	659.2	495.54	594.32	515.89
Other Current Assets	445.06	181.86	170.28	114.2	126.79	117.9
Total Current Assets	3,563	3,138	2,316	1,878	1,875	1,572
Property, Plant & Equipment	1,494	1,461	1,367	1,190	1,188	1,134
Other Intangible Assets	87.11	87.52	61.08	69.22	74.04	51.48
Long-Term Accounts Receivable	-	0.88	1.72	2.87	0.58	-
Long-Term Deferred Tax Assets	58.02	52.02	53.67	31.58	19.85	14.43
Long-Term Deferred Charges	101.55	98.96	86.65	84.81	79.48	50.84
Other Long-Term Assets	104.73	114.05	110.61	119.5	117.04	95.07
Total Assets	5,409	4,952	3,997	3,376	3,354	2,918
Accounts Payable	398.32	329.91	332.95	216.47	218.71	188.01
Accrued Expenses	30.52	62.68	44.5	51.03	80.38	101.93
Short-Term Debt	1,550	1,250	801.76	483.28	846.9	523.43
Current Portion of Long-Term Debt	348.71	246.93	186.12	26.49	-	-
Current Portion of Leases	-	3.8	1	0.68	1.17	1.11
Current Income Taxes Payable	29.39	3.66	7.24	1.45	3.34	26.48
Current Unearned Revenue	2.65	2.11	0.74	16.98	44.45	1.13
Other Current Liabilities	3.27	5.53	4.41	3.95	8.36	0.93
Total Current Liabilities	2,363	1,905	1,379	800.33	1,203	843.03
Long-Term Debt	597.77	617.85	428.7	402.69	-	-
Long-Term Leases	18.75	19.58	3.66	0.15	0.74	1.91
Long-Term Unearned Revenue	166.66	171.59	85.71	72.53	76.24	63.38
Long-Term Deferred Tax Liabilities	0.01	0.61	-	0	-	-
Other Long-Term Liabilities	-	-	-	0.02	0.99	1.95
Total Liabilities	3,146	2,714	1,897	1,276	1,281	910.27
Common Stock	329.94	329.94	329.94	329.94	253.8	188
Additional Paid-In Capital	830.22	828.06	826.42	826.42	902.56	968.36
Retained Earnings	1,020	1,003	947.85	916.85	895.84	835.49
Treasury Stock	-	-2.73	-37.2	-	-	-
Comprehensive Income & Other	41.97	39.62	33.43	27.21	20.94	15.86
Total Common Equity	2,222	2,197	2,100	2,100	2,073	2,008
Minority Interest	40.13	40.62	-	-	-	-
Shareholders' Equity	2,263	2,238	2,100	2,100	2,073	2,008
Total Liabilities & Equity	5,409	4,952	3,997	3,376	3,354	2,918
Total Debt	2,515	2,138	1,421	913.28	848.81	526.45
Net Cash (Debt)	-2,171	-1,882	-1,360	-805.64	-683.32	-387.47
Net Cash Per Share	-7.12	-5.86	-3.99	-2.35	-2.10	-1.26
Filing Date Shares Outstanding	297.64	329.54	329.54	326.24	329.94	329.94
Total Common Shares Outstanding	297.64	329.54	324.48	329.94	329.94	329.94
Working Capital	1,200	1,233	937.5	1,077	671.97	728.69
Book Value Per Share	7.47	6.67	6.47	6.37	6.28	6.09
Tangible Book Value	2,135	2,110	2,039	2,031	1,999	1,956
Tangible Book Value Per Share	7.17	6.40	6.28	6.16	6.06	5.93
Buildings	-	502.94	459.6	332.04	310.87	284.8
Machinery	-	1,952	1,755	1,571	48.75	1,244
Construction In Progress	-	162.23	174.79	183.71	173.14	218.69

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