SHA:605389 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	448.75	449.86	354.98	798.76	674.38	809.79
Trading Asset Securities	348	335	420	110	170	30
Cash & Short-Term Investments	796.75	784.86	774.98	908.76	844.38	839.79
Cash Growth	0.61%	1.27%	-14.72%	7.62%	0.55%	246.36%
Accounts Receivable	543.52	546.02	457.19	424.59	365.39	340.31
Other Receivables	1.7	5.19	4.7	1.07	8.15	5.92
Receivables	545.22	551.21	461.89	425.66	373.53	346.22
Inventory	189.76	185.7	177.22	191.88	168.43	165.95
Other Current Assets	8.77	6.02	4.85	6.26	9.46	26.5
Total Current Assets	1,540	1,528	1,419	1,533	1,396	1,378
Property, Plant & Equipment	479.44	494.49	475.3	469.46	413.62	527.99
Long-Term Investments	4.5	7.77	6	6	1.5	1.61
Goodwill	200.76	200.76	221.63	221.63	-	-
Other Intangible Assets	95.45	97.38	105.03	112.76	64.17	114.2
Long-Term Deferred Tax Assets	3.12	3.88	2.95	1.97	0.83	0.14
Long-Term Deferred Charges	2.93	3.24	4.94	5.96	2.92	-
Other Long-Term Assets	143.17	145.09	167.43	173.75	178.45	27.51
Total Assets	2,470	2,480	2,402	2,524	2,057	2,050
Accounts Payable	167.97	200.66	162.44	187.71	135.37	225.42
Accrued Expenses	10.76	25.6	20.77	22.02	17.55	16.12
Short-Term Debt	11.76	11.77	-	9.01	-	-
Current Income Taxes Payable	21.51	11.41	7.69	6.87	6.13	0.51
Current Unearned Revenue	3.06	5.06	3.6	4.87	1.59	0.66
Other Current Liabilities	10.99	14.38	10.33	74.2	3.91	0.49
Total Current Liabilities	226.05	268.88	204.82	304.68	164.56	243.19
Long-Term Unearned Revenue	19.87	20.62	23.78	27.24	19.91	9.75
Long-Term Deferred Tax Liabilities	14.56	15.42	19.47	24.16	18.8	12.85
Other Long-Term Liabilities	-	-	-	4.08	3.45	2.16
Total Liabilities	260.48	304.92	248.08	360.16	206.73	267.96
Common Stock	144.09	144.09	144.09	144.09	136.27	97.33
Additional Paid-In Capital	1,235	1,235	1,235	1,235	1,038	1,076
Retained Earnings	778.61	740.92	718.43	731.76	677.77	609.04
Comprehensive Income & Other	-20.34	-17.14	-0.53	-1	-1	-0.89
Total Common Equity	2,138	2,103	2,097	2,110	1,851	1,782
Minority Interest	71.72	72.29	56.87	53.77	-	-
Shareholders' Equity	2,209	2,175	2,154	2,164	1,851	1,782
Total Liabilities & Equity	2,470	2,480	2,402	2,524	2,057	2,050
Total Debt	11.76	11.77	-	9.01	-	-
Net Cash (Debt)	784.98	773.09	774.98	899.74	844.38	839.79
Net Cash Growth	0.61%	-0.24%	-13.87%	6.56%	0.55%	246.36%
Net Cash Per Share	5.49	5.39	5.40	6.24	6.18	6.58
Filing Date Shares Outstanding	144.09	144.09	144.09	144.09	136.27	136.27
Total Common Shares Outstanding	144.09	144.09	144.09	144.09	136.27	136.27
Working Capital	1,314	1,259	1,214	1,228	1,231	1,135
Book Value Per Share	14.84	14.60	14.56	14.64	13.58	13.08
Tangible Book Value	1,841	1,805	1,771	1,776	1,786	1,668
Tangible Book Value Per Share	12.78	12.53	12.29	12.32	13.11	12.24
Land	-	19.01	18.17	-	-	-
Buildings	-	315.92	272.39	214.33	189.77	285.43
Machinery	-	451.84	428.52	422.31	354.48	300.24
Construction In Progress	-	3.11	12.2	41.43	23.3	56.53

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