SHA:605488 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	892.7	358.47	335.01	534.3	440.48	277.07
Trading Asset Securities	60.29	0.46	100.12	20.51	30.47	305.58
Cash & Short-Term Investments	952.98	358.93	435.13	554.81	470.96	582.66
Cash Growth	149.09%	-17.51%	-21.57%	17.80%	-19.17%	281.57%
Accounts Receivable	711.37	597.74	587.22	509.05	404.3	368.33
Other Receivables	12.97	14.16	51.55	40.43	30.29	38.54
Receivables	724.34	611.91	638.77	549.48	434.6	406.87
Inventory	325.93	327.25	255.97	200.16	126.65	166.04
Other Current Assets	147.15	138.69	130.76	75.93	30.36	32.85
Total Current Assets	2,150	1,437	1,461	1,380	1,063	1,188
Property, Plant & Equipment	2,011	2,014	1,886	1,211	533	290.17
Long-Term Investments	18.69	18.76	13.44	10.97	12.35	2.22
Other Intangible Assets	119.65	120.5	123.53	126.34	83	68.26
Long-Term Deferred Tax Assets	15.39	16.2	2.08	22.13	6.86	7.51
Long-Term Deferred Charges	6.53	7.05	6.28	3.32	2.29	1.75
Other Long-Term Assets	12.43	16.16	11.92	137.12	161.63	38.3
Total Assets	4,334	3,629	3,504	2,891	1,862	1,597
Accounts Payable	611.46	625.59	458.05	522.27	356.74	391.74
Accrued Expenses	31.68	43.45	54.1	46.19	29.77	49.59
Short-Term Debt	512.78	499.25	485.99	214.15	75.09	10.01
Current Portion of Long-Term Debt	274.42	269.58	182.58	89.16	75.1	-
Current Portion of Leases	-	-	2.66	3.88	3.14	3.19
Current Income Taxes Payable	7.39	8.8	4.49	9.34	0.02	2.07
Current Unearned Revenue	16.24	20.67	34.96	4.74	4.67	6.06
Other Current Liabilities	81.28	88.78	153.45	165.04	28.76	36.4
Total Current Liabilities	1,535	1,556	1,376	1,055	573.29	499.06
Long-Term Debt	432.18	418.66	615.2	491.87	169.52	-
Long-Term Leases	2.46	3.04	4.89	6.7	2.44	2.88
Long-Term Unearned Revenue	6.72	5.2	4.97	2.23	2.9	3.41
Long-Term Deferred Tax Liabilities	-	-	-	-	3.03	0.85
Other Long-Term Liabilities	0.31	0.33	0.42	0.75	-	-
Total Liabilities	1,977	1,983	2,002	1,556	751.19	506.19
Common Stock	301.88	280.22	194.75	187.8	176.76	121.84
Additional Paid-In Capital	1,532	862.02	832.56	728.87	592.69	644.45
Retained Earnings	488.41	469.58	421.23	338.43	302.96	288.41
Treasury Stock	-59.53	-59.53	-61.56	-42.61	-24.69	-24.7
Comprehensive Income & Other	19.18	19.21	37.95	58.79	-	-
Total Common Equity	2,282	1,571	1,425	1,271	1,048	1,030
Minority Interest	74.85	74.18	77.07	63.37	62.79	60.43
Shareholders' Equity	2,357	1,646	1,502	1,335	1,111	1,090
Total Liabilities & Equity	4,334	3,629	3,504	2,891	1,862	1,597
Total Debt	1,222	1,191	1,291	805.76	325.29	16.08
Net Cash (Debt)	-268.86	-831.59	-856.18	-250.95	145.67	566.58
Net Cash Growth	-	-	-	-	-74.29%	445.65%
Net Cash Per Share	-0.97	-3.01	-3.16	-1.00	0.59	2.60
Filing Date Shares Outstanding	269.08	261.4	269.26	251.34	246.3	243.6
Total Common Shares Outstanding	269.08	261.4	269.26	251.34	246.3	243.6
Working Capital	615.15	-119.34	84.35	325.61	489.27	689.36
Book Value Per Share	8.48	6.01	5.15	4.82	4.25	4.23
Tangible Book Value	2,163	1,451	1,301	1,145	964.72	961.74
Tangible Book Value Per Share	8.04	5.55	4.69	4.32	3.92	3.95
Buildings	-	-	640.36	427.46	137.75	121.58
Machinery	-	-	788.57	511.2	267.75	234.41
Construction In Progress	-	-	644.23	468.7	305.28	87.61

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