SHA:605298 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	240.28	233.62	150.32	352.65	419.62	485.22
Trading Asset Securities	-	-	-	-	5	-
Cash & Short-Term Investments	240.28	233.62	150.32	352.65	424.62	485.22
Cash Growth	84.12%	55.41%	-57.37%	-16.95%	-12.49%	327.28%
Accounts Receivable	505.87	546.53	538.44	352.59	258.89	234.61
Other Receivables	2.11	1.77	1.82	2.39	1.36	3.4
Receivables	507.97	548.3	540.26	354.98	260.25	238.01
Inventory	174.54	164.64	185.04	158.88	131.84	109.89
Other Current Assets	11.96	6.41	10.53	12.51	8.07	6.4
Total Current Assets	934.75	952.96	886.15	879.02	824.78	839.52
Property, Plant & Equipment	273.57	277.45	290.05	286.02	253.63	199.82
Goodwill	21.19	21.19	43.82	34.15	1.92	1.92
Other Intangible Assets	52.47	53.48	57.35	56.8	57.1	59.42
Long-Term Deferred Tax Assets	13.49	13.46	12.21	8.29	4.91	3.92
Long-Term Deferred Charges	-	0.03	0.05	0.06	-	-
Other Long-Term Assets	6.79	8.68	9.68	0.9	2.6	10.85
Total Assets	1,302	1,327	1,299	1,265	1,145	1,115
Accounts Payable	100.18	108.49	137.49	130.02	128.21	62.38
Accrued Expenses	9.34	24.7	17.69	28.24	19.75	18.59
Short-Term Debt	13.9	12.9	13.01	33.03	5.01	-
Current Portion of Long-Term Debt	1.29	0.02	-	-	-	-
Current Portion of Leases	-	1.67	2.14	2.2	1.36	1.32
Current Income Taxes Payable	10.6	9.23	12.14	9.24	2.04	2.9
Current Unearned Revenue	1.25	0.8	1.91	4.62	1.2	1.33
Other Current Liabilities	83.01	93.32	87.87	62.96	5.75	55.42
Total Current Liabilities	219.56	251.13	272.24	270.31	163.3	141.94
Long-Term Debt	1.99	1.97	-	-	-	-
Long-Term Leases	0.17	1.42	1.72	6.65	8.53	3.98
Long-Term Deferred Tax Liabilities	0.59	0.57	0.86	0.78	0.56	0.3
Other Long-Term Liabilities	5.62	5.62	2.98	1.36	-	-
Total Liabilities	227.94	260.71	277.8	279.09	172.39	146.22
Common Stock	187.85	187.85	187.85	144.5	140.4	108
Additional Paid-In Capital	424.08	423.77	420.49	455.03	426.64	459.04
Retained Earnings	474.41	466.68	438.08	413.67	404.11	400.47
Treasury Stock	-16.05	-16.05	-27.68	-28.09	-	-
Total Common Equity	1,070	1,062	1,019	985.12	971.14	967.51
Minority Interest	4.04	4.31	2.76	1.02	1.41	1.7
Shareholders' Equity	1,074	1,067	1,022	986.14	972.55	969.21
Total Liabilities & Equity	1,302	1,327	1,299	1,265	1,145	1,115
Total Debt	17.34	17.98	16.87	41.88	14.9	5.3
Net Cash (Debt)	222.94	215.63	133.44	310.77	409.73	479.92
Net Cash Growth	87.00%	61.59%	-57.06%	-24.15%	-14.63%	322.61%
Net Cash Per Share	1.20	1.18	0.72	2.13	2.22	2.71
Filing Date Shares Outstanding	187.85	187.85	187.85	187.85	182.52	182.52
Total Common Shares Outstanding	187.85	187.85	187.85	187.85	182.52	182.52
Working Capital	715.19	701.84	613.9	608.71	661.48	697.58
Book Value Per Share	5.70	5.65	5.42	5.24	5.32	5.30
Tangible Book Value	996.63	987.58	917.58	894.17	912.13	906.17
Tangible Book Value Per Share	5.31	5.26	4.88	4.76	5.00	4.96
Buildings	-	261.6	260.65	277.03	61.47	51.18
Machinery	-	87.48	80.87	42.55	28.69	27.2
Construction In Progress	-	-	-	0.92	188.25	147.78

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