SHA:605366 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	871.45	929.71	887.11	174.12	364.43	370.32
Trading Asset Securities	163.04	256.95	456.3	-	63.48	401.28
Cash & Short-Term Investments	1,034	1,187	1,343	174.12	427.92	771.6
Cash Growth	-20.27%	-11.67%	671.53%	-59.31%	-44.54%	16.26%
Accounts Receivable	503.43	416.27	421.49	457.48	517.41	429.87
Other Receivables	3.74	1.37	1.12	1.09	0.56	0.98
Receivables	507.17	417.64	422.6	458.58	517.96	430.85
Inventory	219.23	221.31	237.73	303.63	247.31	232.42
Other Current Assets	85.54	84.12	43.29	107.2	72.23	37.48
Total Current Assets	1,846	1,910	2,047	1,044	1,265	1,472
Property, Plant & Equipment	1,607	1,634	1,776	1,664	1,283	597.09
Other Intangible Assets	596.09	606.29	196.29	201.84	140.86	147.2
Long-Term Deferred Tax Assets	78.82	67.68	37.8	27.69	12.5	7.42
Long-Term Deferred Charges	11.85	12.53	14.04	9.43	11.14	9.01
Other Long-Term Assets	23.18	16.24	26.07	52.93	163.48	100.48
Total Assets	4,164	4,246	4,097	3,000	2,876	2,334
Accounts Payable	312.26	314.18	440.2	219	176.33	100.53
Accrued Expenses	16.8	43.68	38.1	41.73	56.98	38.37
Short-Term Debt	178	256.98	237.33	20.02	181.75	322.77
Current Portion of Long-Term Debt	246.94	96.7	161.89	46.84	14.33	4
Current Portion of Leases	-	0.71	0.76	0.48	0.35	0.56
Current Income Taxes Payable	19.64	2.35	0.5	1.05	1.56	19.15
Current Unearned Revenue	2.94	3.68	3.45	6	3.28	7.46
Other Current Liabilities	39.85	35.75	25.66	47.78	66.03	13.89
Total Current Liabilities	816.43	754.04	907.9	382.9	500.6	506.72
Long-Term Debt	267.5	1,036	1,023	559.46	300.5	36
Long-Term Leases	6.99	3.27	3.86	4.32	2.96	2.08
Long-Term Unearned Revenue	54.19	53.95	54.71	56.95	56.77	39.48
Long-Term Deferred Tax Liabilities	5.05	16.1	5.88	7.3	7.98	8.01
Total Liabilities	1,150	1,864	1,996	1,011	868.82	592.3
Common Stock	776.08	650.16	634.99	612.31	436.32	332
Additional Paid-In Capital	1,364	771.78	692.17	602.53	765.94	825.77
Retained Earnings	599.65	627.67	773.46	828.68	873.06	574.38
Treasury Stock	-64.74	-99.59	-116.53	-56.57	-69.23	-
Comprehensive Income & Other	1.57	89.1	117.24	1.77	1.07	9.1
Total Common Equity	2,676	2,039	2,101	1,989	2,007	1,741
Minority Interest	337.08	343.43	-0	-	-	-
Shareholders' Equity	3,014	2,383	2,101	1,989	2,007	1,741
Total Liabilities & Equity	4,164	4,246	4,097	3,000	2,876	2,334
Total Debt	699.43	1,394	1,427	631.11	499.89	365.41
Net Cash (Debt)	335.06	-207.34	-83.92	-456.99	-71.97	406.19
Net Cash Growth	-	-	-	-	-	-38.05%
Net Cash Per Share	0.50	-0.33	-0.14	-0.77	-0.12	0.68
Filing Date Shares Outstanding	700.59	558.75	620.77	606.53	604.84	604.24
Total Common Shares Outstanding	700.59	558.75	620.77	606.53	604.84	604.24
Working Capital	1,030	1,156	1,139	660.63	764.81	965.62
Book Value Per Share	3.82	3.65	3.39	3.28	3.32	2.88
Tangible Book Value	2,080	1,433	1,905	1,787	1,866	1,594
Tangible Book Value Per Share	2.97	2.56	3.07	2.95	3.09	2.64
Buildings	-	608.03	647.09	437.7	284.89	167.7
Machinery	-	1,784	1,694	1,434	934.21	615.2
Construction In Progress	-	50.88	56.23	289.43	441.08	138.51

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