SHA:603092 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	857.26	1,176	423.74	374.81	116.46	182.25
Trading Asset Securities	1,948	1,561	280.28	-	-	39.38
Cash & Short-Term Investments	2,805	2,737	704.02	374.81	116.46	221.63
Cash Growth	249.69%	288.76%	87.83%	221.83%	-47.45%	-
Accounts Receivable	3,432	3,770	2,912	3,247	2,339	1,499
Other Receivables	4.09	4.63	1.78	2.09	1.63	4.84
Receivables	3,436	3,775	2,914	3,249	2,341	1,503
Inventory	2,044	1,792	1,143	1,003	1,036	468.8
Other Current Assets	51.69	23.21	14.91	27.64	43.34	0.76
Total Current Assets	8,336	8,327	4,776	4,655	3,536	2,195
Property, Plant & Equipment	1,798	1,727	1,414	1,327	723.14	510.17
Long-Term Investments	5	5	-	-	-	-
Other Intangible Assets	190.21	191.71	129.94	130.29	133.36	68.13
Long-Term Accounts Receivable	-	118.09	128.44	168.36	163.45	92.54
Long-Term Deferred Tax Assets	210.72	204.39	158.19	124.42	103.09	62.79
Long-Term Deferred Charges	1.53	1.68	2.25	3.27	1.35	2.15
Other Long-Term Assets	287.61	152.11	53.04	77.34	176.49	46.32
Total Assets	10,829	10,727	6,662	6,486	4,837	2,977
Accounts Payable	2,881	2,926	1,787	1,956	1,967	838.68
Accrued Expenses	32.28	66.16	53.18	41.42	32.85	33.69
Short-Term Debt	-	-	-	220.14	197.21	13.52
Current Portion of Long-Term Debt	241.35	239.5	95.9	-	-	-
Current Portion of Leases	-	1.62	1.07	-	-	-
Current Income Taxes Payable	32.98	84.45	13.85	124	47.72	62.68
Current Unearned Revenue	9.64	8.07	0.23	-	2	-
Other Current Liabilities	662.41	685.4	578.59	755.36	300.43	205.5
Total Current Liabilities	3,860	4,011	2,530	3,097	2,547	1,154
Long-Term Debt	284.19	284.19	523.69	476.04	252.85	-
Long-Term Leases	-	0.28	1.89	-	-	-
Long-Term Unearned Revenue	45.41	48.16	33.89	28.87	21.39	-
Long-Term Deferred Tax Liabilities	82.78	74.32	64.89	64.86	22.15	12.51
Other Long-Term Liabilities	821.37	793.42	632.82	518.48	343.79	653.43
Total Liabilities	5,094	5,212	3,787	4,185	3,187	1,820
Common Stock	400	400	360	360	131	125
Additional Paid-In Capital	2,884	2,877	1,104	1,063	274.74	17.82
Retained Earnings	2,451	2,238	1,411	876.88	1,243	1,013
Comprehensive Income & Other	0.88	0.8	0.04	0.25	1.44	1.45
Shareholders' Equity	5,736	5,516	2,875	2,300	1,650	1,157
Total Liabilities & Equity	10,829	10,727	6,662	6,486	4,837	2,977
Total Debt	525.53	525.58	622.55	696.18	450.06	13.52
Net Cash (Debt)	2,279	2,211	81.46	-321.37	-333.6	208.11
Net Cash Growth	474.04%	2614.54%	-	-	-	-
Net Cash Per Share	6.11	6.09	0.23	-0.89	-2.65	1.67
Filing Date Shares Outstanding	399.97	400	360.01	360	125.91	124.28
Total Common Shares Outstanding	399.97	400	360.01	360	125.91	124.28
Working Capital	4,477	4,316	2,246	1,557	989.15	1,041
Book Value Per Share	14.34	13.79	7.99	6.39	13.10	9.31
Tangible Book Value	5,546	5,324	2,745	2,170	1,516	1,089
Tangible Book Value Per Share	13.86	13.31	7.62	6.03	12.04	8.76
Buildings	-	632.69	454.76	453.68	209.12	209.12
Machinery	-	1,728	1,409	1,154	570.55	447.34
Construction In Progress	-	38.27	40.32	51.51	173.21	25.24

Source: S&P Capital IQ. Standard template. Financial Sources.