SHA:605296 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	438.18	715.28	1,042	544.41	995.7	1,080
Trading Asset Securities	90.16	-	-	0.82	140.09	651.38
Cash & Short-Term Investments	528.34	715.28	1,042	545.23	1,136	1,732
Cash Growth	-53.43%	-31.37%	91.15%	-52.00%	-34.41%	210.08%
Accounts Receivable	65.42	48.07	101.21	79.46	27.35	37.91
Other Receivables	76.02	59.84	27.79	47.24	57.16	59.15
Receivables	141.44	107.91	129	126.69	84.5	97.06
Inventory	1,316	1,698	1,310	1,286	1,082	812.69
Prepaid Expenses	-	-	0	0.02	0.02	0.02
Other Current Assets	65.94	71.33	70.21	95.14	171.93	68.48
Total Current Assets	2,052	2,592	2,552	2,053	2,474	2,710
Property, Plant & Equipment	4,069	4,055	3,797	3,380	2,801	2,240
Long-Term Investments	13.32	13.77	12.96	0.1	0.1	0.1
Other Intangible Assets	190.34	192.01	132.35	124.16	126.28	128.1
Long-Term Deferred Tax Assets	1.48	1.51	1.23	14.21	8.61	1.03
Long-Term Deferred Charges	99.31	100.72	99.79	106.38	33.63	30.59
Other Long-Term Assets	55.77	14.69	60.61	26.47	25.59	60.02
Total Assets	6,482	6,969	6,655	5,705	5,470	5,170
Accounts Payable	696.25	695.97	350.57	258.83	168.39	159.94
Accrued Expenses	46.43	95.17	115.72	73.33	72.84	50.14
Short-Term Debt	169.08	139.08	205.53	335.56	-	33.04
Current Portion of Long-Term Debt	117.37	73.36	164.53	21.02	-	-
Current Portion of Leases	-	-	41.28	20.1	23.09	16.83
Current Income Taxes Payable	12.84	14.78	3.6	1.83	1.87	5.93
Current Unearned Revenue	24.37	18.23	10.13	8.51	11.97	8.27
Other Current Liabilities	405.31	400.56	460.48	374.04	341.34	254.11
Total Current Liabilities	1,472	1,437	1,352	1,093	619.5	528.26
Long-Term Debt	479.7	386.73	226.63	234.55	-	-
Long-Term Leases	190.88	170.03	201.05	140.92	135.15	110.45
Long-Term Unearned Revenue	53.83	54.81	39.48	34.07	33.22	31.68
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.15
Other Long-Term Liabilities	6.13	9.61	3.56	3.8	2.95	3.06
Total Liabilities	2,202	2,058	1,823	1,507	790.82	673.6
Common Stock	524.76	524.76	524.84	525.04	524.3	400.23
Additional Paid-In Capital	2,044	2,027	2,068	2,060	2,022	2,063
Retained Earnings	1,828	2,477	2,342	1,656	2,188	2,033
Treasury Stock	-117.67	-117.67	-102.37	-45.53	-55.97	-
Total Common Equity	4,279	4,911	4,833	4,195	4,679	4,496
Minority Interest	-	-	-	2.98	-	-
Shareholders' Equity	4,279	4,911	4,833	4,198	4,679	4,496
Total Liabilities & Equity	6,482	6,969	6,655	5,705	5,470	5,170
Total Debt	957.03	769.2	839.01	752.16	158.24	160.33
Net Cash (Debt)	-428.69	-53.92	203.21	-206.93	977.56	1,571
Net Cash Growth	-	-	-	-	-37.78%	312.51%
Net Cash Per Share	-0.82	-0.10	0.39	-0.40	1.87	3.15
Filing Date Shares Outstanding	518.68	530.05	522.03	533.72	520.3	520.3
Total Common Shares Outstanding	518.68	530.05	522.03	533.72	520.3	520.3
Working Capital	580.27	1,155	1,200	959.76	1,855	2,182
Book Value Per Share	8.25	9.27	9.26	7.86	8.99	8.64
Tangible Book Value	4,089	4,719	4,700	4,071	4,553	4,368
Tangible Book Value Per Share	7.88	8.90	9.00	7.63	8.75	8.40
Buildings	-	-	2,541	2,225	1,776	1,354
Machinery	-	-	1,561	1,317	976.8	777.27
Construction In Progress	-	-	199.37	196.47	303.78	309.78

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