SHA:600107 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	Jun '26 Jun 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	41.76	60.85	117.49	173.46	208.79	209.96
Short-Term Investments	-	-	-	-	4.01	-
Trading Asset Securities	209.91	125.83	85.12	87.8	127.02	27.33
Cash & Short-Term Investments	251.67	186.68	202.61	261.26	339.83	237.29
Cash Growth	32.16%	-7.87%	-22.45%	-23.12%	43.21%	-17.82%
Accounts Receivable	71.9	41.84	68.32	52.8	65.12	56.94
Other Receivables	30.65	118.11	114.73	-3.9	38.52	30.83
Receivables	102.55	161.94	185.01	50.83	103.64	87.76
Inventory	161.53	176.83	216.48	255.19	256.69	253.03
Prepaid Expenses	-	0.13	0.1	0.04	0.09	0
Other Current Assets	20.38	50.05	86.31	309.65	40.91	14.67
Total Current Assets	536.12	575.63	690.51	876.96	741.17	592.75
Property, Plant & Equipment	66.53	91.22	120.36	104.29	188.21	184.49
Long-Term Investments	-	-	-	-	263.72	237.37
Goodwill	-	-	-	-	123.65	223.12
Other Intangible Assets	1.02	1.2	2.15	2.36	3.58	1.58
Long-Term Deferred Tax Assets	24.97	21.8	18.68	17.28	34.71	23.01
Long-Term Deferred Charges	63.09	39.25	11.22	12.02	17.94	15.16
Other Long-Term Assets	23.22	19.27	34.2	37.88	3.66	5.7
Total Assets	714.96	748.36	877.12	1,051	1,377	1,283

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	14.37	13.61	36.43	31.43	58.29	53.16
Accrued Expenses	21.5	37.67	37.74	39.5	40.25	45.55
Short-Term Debt	140	140	163.75	171.45	191.45	194.96
Current Portion of Long-Term Debt	1.27	1	8.5	1	3.21	-
Current Portion of Leases	-	0.43	0.63	1.52	20.83	15.31
Current Income Taxes Payable	34.58	22.61	22.54	23.38	22.84	24.05
Current Unearned Revenue	20.49	25.04	24.73	34.81	285.31	40.77
Other Current Liabilities	51.35	48.19	50.2	136.1	41.68	53.86
Total Current Liabilities	283.56	288.56	344.51	439.19	663.86	427.67
Long-Term Debt	8.5	9	-	8.5	1.3	-
Long-Term Leases	-	-	0.71	0.22	51.12	63.52
Long-Term Unearned Revenue	5.18	15.24	10.27	10.15	10.19	10.22
Long-Term Deferred Tax Liabilities	0.21	0.41	0.63	0.68	11.32	0.08
Other Long-Term Liabilities	4.76	7.73	0.14	0.04	0.06	-
Total Liabilities	302.21	320.93	356.26	458.78	737.85	501.49

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	360	360	360	360	360	360
Additional Paid-In Capital	189.3	189.3	190.71	190.71	179.74	179.74
Retained Earnings	-160.12	-147.61	-58.52	9.58	69.04	208.05
Total Common Equity	389.18	401.68	492.19	560.29	608.78	747.79
Minority Interest	23.57	25.75	28.67	31.71	30	33.89
Shareholders' Equity	412.75	427.43	520.86	592.01	638.78	781.68
Total Liabilities & Equity	714.96	748.36	877.12	1,051	1,377	1,283

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	149.77	150.43	173.59	182.69	267.91	273.8
Net Cash (Debt)	101.9	36.24	29.03	78.57	71.91	-36.51
Net Cash Growth	87.72%	24.87%	-63.06%	9.25%	-	-
Net Cash Per Share	0.27	0.10	0.08	0.22	0.20	-0.10
Filing Date Shares Outstanding	460.01	360	360	360	360	360
Total Common Shares Outstanding	460.01	360	360	360	360	360
Working Capital	252.57	287.08	345.99	437.77	77.3	165.08
Book Value Per Share	0.85	1.12	1.37	1.56	1.69	2.08
Tangible Book Value	388.15	400.49	490.04	557.94	481.55	523.1
Tangible Book Value Per Share	0.84	1.11	1.36	1.55	1.34	1.45
Buildings	-	186.22	191.22	192.77	214.76	182.01
Machinery	-	73.85	72	69.02	75.77	69.24
Construction In Progress	-	16.2	38.37	15.33	-	13.11