SHA:605286 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	1,169	529.02	574.42	727.5	738.14	282.75
Trading Asset Securities	87.03	24.96	30.07	-	10.05	201.88
Cash & Short-Term Investments	1,256	553.98	604.49	727.5	748.19	484.63
Cash Growth	207.67%	-8.36%	-16.91%	-2.77%	54.38%	281.42%
Accounts Receivable	1,249	1,671	1,389	1,045	789.46	644.91
Other Receivables	111.41	90.29	26.41	187.6	155.04	5.56
Receivables	1,360	1,762	1,416	1,233	944.5	650.47
Inventory	260.46	179.93	295.58	522.89	228.74	267.99
Other Current Assets	170.12	108.89	436.13	316.94	158.72	62.38
Total Current Assets	3,047	2,604	2,752	2,800	2,080	1,465
Property, Plant & Equipment	1,275	1,230	1,258	432.87	365.32	307.73
Long-Term Investments	85	85.47	-	11	63.84	100
Goodwill	271.65	271.65	271.65	271.65	271.65	-
Other Intangible Assets	201.78	203.54	208.41	133.67	111.53	85.98
Long-Term Deferred Tax Assets	77.91	78.41	72.5	26.27	19.2	13.58
Long-Term Deferred Charges	2.4	3.14	6.55	5.79	0.46	-
Other Long-Term Assets	276.96	276.73	16.43	13.53	5.33	26.71
Total Assets	5,238	4,753	4,586	3,695	2,917	1,999
Accounts Payable	660.46	793.26	1,179	651.28	337.67	250.82
Accrued Expenses	19.1	133.34	130.38	48.1	36.22	34.28
Short-Term Debt	290.91	345.57	280.87	68.57	121.57	202.2
Current Portion of Long-Term Debt	42.25	38.5	6	106.62	2.13	-
Current Portion of Leases	-	3.75	1.68	3.99	1.66	0.76
Current Income Taxes Payable	148.23	52.02	52.84	27.83	14.74	5.9
Current Unearned Revenue	150.88	91.04	210.5	271.82	3.7	6.56
Other Current Liabilities	93.67	74.85	87.62	402.56	405.82	20.92
Total Current Liabilities	1,405	1,532	1,949	1,581	923.51	521.44
Long-Term Debt	1,179	579	18	24	138	-
Long-Term Leases	4.86	5.01	0.97	2.65	2.14	0.04
Long-Term Unearned Revenue	1.35	1.39	229.01	34.79	3.23	3.84
Long-Term Deferred Tax Liabilities	-	-	-	0.71	1.61	-
Other Long-Term Liabilities	38.1	38.1	38.1	-	-	-
Total Liabilities	2,628	2,156	2,235	1,643	1,068	525.32
Common Stock	168	168	168	176	178	168
Additional Paid-In Capital	752.54	752.54	752.54	883.26	930.35	751.59
Retained Earnings	1,213	1,204	1,036	872.04	678.72	554.56
Treasury Stock	-	-	-	-138.72	-173.4	-
Comprehensive Income & Other	25.38	24.46	18.96	13.14	6.48	-
Total Common Equity	2,159	2,149	1,975	1,806	1,620	1,474
Minority Interest	451.05	448.27	375.87	246.5	228.84	-
Shareholders' Equity	2,610	2,597	2,351	2,052	1,849	1,474
Total Liabilities & Equity	5,238	4,753	4,586	3,695	2,917	1,999
Total Debt	1,517	971.83	307.52	205.83	265.5	203
Net Cash (Debt)	-260.12	-417.85	296.97	521.67	482.69	281.62
Net Cash Growth	-	-	-43.07%	8.08%	71.39%	1980.85%
Net Cash Per Share	-1.52	-2.48	1.71	2.95	2.88	1.76
Filing Date Shares Outstanding	181.89	168	168	176	178	168
Total Common Shares Outstanding	181.89	168	168	176	178	168
Working Capital	1,642	1,072	803.44	1,220	1,157	944.03
Book Value Per Share	11.87	12.79	11.76	10.26	9.10	8.77
Tangible Book Value	1,686	1,674	1,495	1,400	1,237	1,388
Tangible Book Value Per Share	9.27	9.96	8.90	7.96	6.95	8.26
Buildings	-	418.24	309.93	274.56	231.91	222.71
Machinery	-	968.45	774.44	354.38	299.33	269.97
Construction In Progress	-	188.53	465.53	59.97	55.13	10.2

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