SHA:605378 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	194.87	246.02	212.3	211.87	96.33	55.23
Trading Asset Securities	262.24	256.6	418.02	544.77	695.48	688.39
Cash & Short-Term Investments	457.11	502.62	630.32	756.64	791.81	743.61
Cash Growth	-31.61%	-20.26%	-16.70%	-4.44%	6.48%	174.52%
Accounts Receivable	228.28	164.69	293.37	196.57	134.19	161.34
Other Receivables	8.73	6.82	19.8	11.21	11.15	5.88
Receivables	237.01	171.51	313.17	207.77	145.33	167.22
Inventory	199	178.12	197.17	161.07	180.68	222.72
Other Current Assets	12.6	14.88	3.74	1.98	3.89	5.43
Total Current Assets	905.72	867.12	1,144	1,127	1,122	1,139
Property, Plant & Equipment	482.53	469.76	403.62	359.74	298.14	224.05
Long-Term Investments	58.83	58.83	20	5	-	-
Other Intangible Assets	73.39	74.36	47.54	50.02	51.38	51.01
Long-Term Deferred Tax Assets	6.88	6.12	8.02	8.55	10.18	11.74
Other Long-Term Assets	3.15	3.69	5.77	16.52	6.52	4.84
Total Assets	1,531	1,480	1,629	1,567	1,488	1,431
Accounts Payable	207.46	140.65	242.1	244.65	203.32	205.04
Accrued Expenses	21.21	25.88	32.11	28.13	28.56	29.37
Current Portion of Long-Term Debt	0.05	0.06	-	-	-	-
Current Portion of Leases	-	-	-	-	0.09	0.12
Current Income Taxes Payable	2.47	7.3	4.94	7.5	4.59	0.25
Current Unearned Revenue	8.24	6.53	7.41	3.7	3.23	6.15
Other Current Liabilities	7.81	7.42	9.94	6.1	6.38	2
Total Current Liabilities	247.24	187.86	296.5	290.08	246.17	242.93
Long-Term Leases	-	0.01	0.07	0.14	0.02	0.15
Long-Term Unearned Revenue	7.77	8.43	10.57	12.7	15.75	14.51
Long-Term Deferred Tax Liabilities	15.39	16.17	19.51	17.61	20.59	20.07
Other Long-Term Liabilities	15.52	15.52	15.52	15.52	15.52	15.52
Total Liabilities	285.92	227.99	342.17	336.05	298.05	293.18
Common Stock	261.35	261.35	186.68	133.34	133.34	133.34
Additional Paid-In Capital	566.6	566.6	641.27	694.61	694.61	694.61
Retained Earnings	410.68	418.03	453.12	400.35	361.49	309.49
Comprehensive Income & Other	5.95	5.93	6.1	2.95	0.45	-
Shareholders' Equity	1,245	1,252	1,287	1,231	1,190	1,137
Total Liabilities & Equity	1,531	1,480	1,629	1,567	1,488	1,431
Total Debt	0.05	0.07	0.07	0.14	0.11	0.27
Net Cash (Debt)	457.05	502.54	630.24	756.49	791.7	743.34
Net Cash Growth	-31.60%	-20.26%	-16.69%	-4.45%	6.50%	174.42%
Net Cash Per Share	1.87	2.16	2.74	2.89	3.03	3.10
Filing Date Shares Outstanding	244.71	275.96	261.35	261.35	261.35	261.35
Total Common Shares Outstanding	244.71	275.96	261.35	261.35	261.35	261.35
Working Capital	658.48	679.26	847.89	837.39	875.55	896.05
Book Value Per Share	5.09	4.54	4.93	4.71	4.55	4.35
Tangible Book Value	1,171	1,178	1,240	1,181	1,139	1,086
Tangible Book Value Per Share	4.79	4.27	4.74	4.52	4.36	4.16
Buildings	-	-	260	81.24	81.24	81.24
Machinery	-	-	394.83	364.95	365.5	350.69
Construction In Progress	-	-	60.85	197.65	105.88	16.73

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