SHA:605388 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	157.13	309.88	244.84	499.06	679.57	1,077
Trading Asset Securities	30.27	30.15	154.85	84.03	40.38	465.67
Cash & Short-Term Investments	187.4	340.03	399.69	583.09	719.95	1,543
Cash Growth	-35.27%	-14.93%	-31.45%	-19.01%	-53.34%	-16.68%
Accounts Receivable	137.15	104.16	90.31	136.95	146.35	7.45
Other Receivables	41.68	38.38	123.82	108.31	123.12	1.49
Receivables	178.84	142.53	214.13	245.26	269.46	8.94
Inventory	211.38	201.56	279.59	206.54	172.44	77.32
Prepaid Expenses	-	-	0.32	-	0	0.65
Other Current Assets	110.13	117.79	187.14	139.57	114	38.18
Total Current Assets	687.75	801.91	1,081	1,174	1,276	1,668
Property, Plant & Equipment	764.06	778.9	827.27	814.01	641.2	470.5
Long-Term Investments	19.61	19.61	21.5	21.5	20	-
Goodwill	126.36	126.36	142.5	178.93	54.16	9.32
Other Intangible Assets	123.03	125.09	148.39	171.39	80.52	84.67
Long-Term Deferred Tax Assets	56.53	58.07	34.77	31.92	31.06	11.22
Long-Term Deferred Charges	2.64	2.53	3.85	4.88	3.09	3.35
Other Long-Term Assets	50.24	47.73	54.36	105.59	287.59	49.3
Total Assets	1,830	1,960	2,313	2,503	2,393	2,296
Accounts Payable	166.95	164.35	225.02	193.18	207.93	115.99
Accrued Expenses	21.86	30.21	36.43	28.51	32.64	27.75
Short-Term Debt	10.01	21.01	17.18	15.25	10	1.21
Current Portion of Long-Term Debt	4.43	6.61	-	-	-	-
Current Portion of Leases	-	-	6.22	4.57	4.36	-
Current Income Taxes Payable	4.79	8.85	2.56	2.14	7	8.4
Current Unearned Revenue	59.23	164.83	160.45	219.12	139.05	141.44
Other Current Liabilities	35.82	49.89	44.24	46.43	32.95	37.14
Total Current Liabilities	303.09	445.74	492.09	509.2	433.93	331.94
Long-Term Leases	2.73	2.02	7.7	3.57	8.14	-
Long-Term Unearned Revenue	25.07	23.36	9.23	19.9	11.14	11.61
Long-Term Deferred Tax Liabilities	18.4	19.09	23.48	23.03	10.2	6.11
Other Long-Term Liabilities	3.35	2.85	16.22	14.16	4.22	-
Total Liabilities	352.63	493.06	548.72	569.85	467.64	349.66
Common Stock	600.48	600.48	600.48	430	430	430
Additional Paid-In Capital	697.36	697.36	697.37	867.86	867.1	867.1
Retained Earnings	338.63	329.97	567.04	638.78	624.2	642.06
Treasury Stock	-100	-100	-91.98	-	-	-
Total Common Equity	1,536	1,528	1,773	1,937	1,921	1,939
Minority Interest	-58.89	-60.68	-8.13	-3.81	4.53	7.67
Shareholders' Equity	1,478	1,467	1,765	1,933	1,926	1,947
Total Liabilities & Equity	1,830	1,960	2,313	2,503	2,393	2,296
Total Debt	17.16	29.64	31.09	23.39	22.51	1.21
Net Cash (Debt)	170.24	310.38	368.59	559.7	697.44	1,542
Net Cash Growth	-37.73%	-15.79%	-34.14%	-19.75%	-54.77%	-16.74%
Net Cash Per Share	0.29	0.52	0.63	0.97	1.17	2.55
Filing Date Shares Outstanding	601.73	555.38	585.82	597.37	602	602
Total Common Shares Outstanding	601.73	555.38	587.19	602	602	602
Working Capital	384.66	356.16	588.78	665.27	841.92	1,336
Book Value Per Share	2.55	2.75	3.02	3.22	3.19	3.22
Tangible Book Value	1,287	1,276	1,482	1,586	1,787	1,845
Tangible Book Value Per Share	2.14	2.30	2.52	2.64	2.97	3.07
Buildings	-	-	539.39	535.17	110.93	318.31
Machinery	-	-	449.81	330.33	196.9	180.57
Construction In Progress	-	-	48.75	172.66	437.28	72.4