SHA:600103 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	573.02	386.71	653.6	972.6	1,113	404.53
Trading Asset Securities	1,676	1,813	1,737	1,506	1,160	1,560
Cash & Short-Term Investments	2,249	2,200	2,391	2,479	2,273	1,965
Cash Growth	3.66%	-7.98%	-3.56%	9.06%	15.70%	-4.31%
Accounts Receivable	581.15	650.48	778	718.04	667.76	680.55
Other Receivables	20.13	20.73	24.36	35.38	23.94	22.97
Receivables	601.28	671.21	802.35	753.43	691.7	703.52
Inventory	565.25	628.49	569.09	530.73	599.13	582
Prepaid Expenses	-	-	-	-	0.02	-
Other Current Assets	62.25	88.64	99.92	51.62	39.32	21.14
Total Current Assets	3,478	3,588	3,862	3,815	3,603	3,271
Property, Plant & Equipment	1,935	1,804	1,807	1,639	1,309	1,416
Long-Term Investments	98.62	98.08	97.4	91.01	89.48	53.37
Goodwill	8.02	8.02	8.02	9.54	11.08	12.63
Other Intangible Assets	154.4	167.5	170.14	172.99	187.9	207.82
Long-Term Deferred Tax Assets	119.34	111.84	103.01	105.3	100.63	96.78
Long-Term Deferred Charges	6.9	8.37	18.98	13.43	9.33	12.9
Other Long-Term Assets	289.13	281.43	302.91	320.81	513.68	319.62
Total Assets	6,089	6,067	6,370	6,167	5,824	5,391

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	746.63	745.01	891.16	755	744.32	524.49
Accrued Expenses	117.07	86.16	73.61	79.64	98.51	57.51
Short-Term Debt	331.47	525.31	641.41	730.52	432.11	333.31
Current Portion of Long-Term Debt	6.06	4.09	215.06	143.35	19.52	159.71
Current Portion of Leases	-	2.84	1.68	1.01	3.12	3.22
Current Income Taxes Payable	29.96	4.96	2	0.72	19.24	12.59
Current Unearned Revenue	46.3	41.47	43.16	45.95	48.91	75.4
Other Current Liabilities	121.16	88.82	105.25	66.86	61.67	85.74
Total Current Liabilities	1,399	1,499	1,973	1,823	1,427	1,252
Long-Term Debt	189	121	-	35	141.56	93.76
Long-Term Leases	2.48	2.94	1.19	0.96	2.12	4.31
Long-Term Unearned Revenue	7.01	8.03	4.44	5.7	10.85	15.39
Long-Term Deferred Tax Liabilities	77.21	86.49	85.62	82.49	77.87	78.17
Total Liabilities	1,674	1,717	2,065	1,947	1,660	1,444

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	2,241	2,241	2,253	2,306	2,306	2,306
Additional Paid-In Capital	766.4	728.29	727.54	825.97	825.97	825.97
Retained Earnings	1,068	1,022	993.51	946.16	934.87	727.12
Treasury Stock	-57.54	-30.03	-43.32	-200.5	-200.5	-200.5
Comprehensive Income & Other	-0.69	0.09	-1.16	-1.91	-1.54	-2.07
Total Common Equity	4,017	3,961	3,930	3,876	3,865	3,656
Minority Interest	397.61	389.49	375.31	344.28	299.43	290.86
Shareholders' Equity	4,415	4,350	4,305	4,220	4,164	3,947
Total Liabilities & Equity	6,089	6,067	6,370	6,167	5,824	5,391

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	529.01	656.18	859.34	910.85	598.43	594.31
Net Cash (Debt)	1,720	1,544	1,531	1,568	1,675	1,370
Net Cash Growth	16.55%	0.81%	-2.34%	-6.35%	22.21%	19.68%
Net Cash Per Share	0.78	0.70	0.69	0.71	0.76	0.61
Filing Date Shares Outstanding	2,202	2,241	2,209	2,212	2,212	2,212
Total Common Shares Outstanding	2,202	2,241	2,209	2,212	2,212	2,212
Working Capital	2,079	2,090	1,889	1,992	2,176	2,019
Book Value Per Share	1.82	1.77	1.78	1.75	1.75	1.65
Tangible Book Value	3,855	3,785	3,752	3,693	3,666	3,436
Tangible Book Value Per Share	1.75	1.69	1.70	1.67	1.66	1.55
Buildings	-	958.48	956.78	830.67	817.61	823.38
Machinery	-	3,504	3,525	2,978	2,944	2,926
Construction In Progress	-	144.89	28.53	437.24	38.18	32.68