SHA:600119 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	217.26	171.88	168.25	134.48	219.81	194.43
Trading Asset Securities	59.14	120.3	131.5	140.83	103.5	53.39
Cash & Short-Term Investments	276.4	292.18	299.75	275.31	323.31	247.82
Cash Growth	-8.68%	-2.53%	8.88%	-14.85%	30.46%	33.09%
Accounts Receivable	110.43	65.35	86.93	246.55	192.74	247.49
Other Receivables	18.4	9.35	14.01	21.54	18.83	18.73
Receivables	128.82	74.7	100.95	268.1	211.57	266.23
Inventory	46.64	39.59	44.48	30.98	35.81	41.04
Prepaid Expenses	-	0.72	-	1.27	0	-
Other Current Assets	12.21	4.98	10.13	7.97	7.66	13.5
Total Current Assets	464.08	412.18	455.31	583.63	578.35	568.58
Property, Plant & Equipment	56.95	54.05	61.67	98.56	125.4	147.21
Long-Term Investments	15.93	13.52	14.79	22.61	25.36	36.65
Goodwill	-	-	1.46	1.61	9.65	23.92
Other Intangible Assets	8.63	8.67	8.54	28.44	28.57	28.8
Long-Term Accounts Receivable	-	0.63	0.6	0.05	0	0.26
Long-Term Deferred Tax Assets	3.06	1.81	1.77	11.11	5.56	4.31
Long-Term Deferred Charges	1.72	1.16	-	0.29	0.7	1.12
Other Long-Term Assets	0.58	4.88	2.44	-	0.04	0.16
Total Assets	550.96	496.9	546.58	746.29	773.65	811.01

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	57.06	40.54	30.28	115.82	101.89	95.12
Accrued Expenses	15.63	19.46	21.5	15.1	18.04	16.49
Short-Term Debt	170.1	170.11	170.3	176	170.85	171.51
Current Portion of Long-Term Debt	3.53	-	-	-	-	-
Current Portion of Leases	-	1.57	0.59	22.55	22.14	19.84
Current Income Taxes Payable	1.67	0.03	1.79	1.09	0.91	2.81
Current Unearned Revenue	39.7	24.41	27.61	11.57	14.78	22.6
Other Current Liabilities	31.69	8.43	10.77	17.68	45.05	52.54
Total Current Liabilities	319.38	264.54	262.85	359.81	373.66	380.9
Long-Term Leases	2.46	0.16	0.22	9.48	32.03	51.86
Long-Term Unearned Revenue	1.93	2.55	2.24	1.48	4.85	2.57
Long-Term Deferred Tax Liabilities	1.4	0.96	1.72	10.04	3.43	4.36
Other Long-Term Liabilities	25.49	25.56	13.7	2.17	2.12	0.63
Total Liabilities	350.66	293.78	280.72	382.99	416.1	440.33

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	365.27	365.27	365.27	365.27	365.27	365.27
Additional Paid-In Capital	508.72	519.11	517.25	517.25	517.25	517.25
Retained Earnings	-811.23	-802.74	-756.79	-681.88	-690.78	-676.57
Comprehensive Income & Other	5.6	5.6	5.67	5.6	5.44	5.4
Total Common Equity	68.36	87.25	131.4	206.24	197.18	211.34
Minority Interest	131.94	115.88	134.46	157.06	160.37	159.35
Shareholders' Equity	200.3	203.13	265.86	363.3	357.55	370.69
Total Liabilities & Equity	550.96	496.9	546.58	746.29	773.65	811.01

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	176.08	171.84	171.1	208.03	225.02	243.21
Net Cash (Debt)	100.32	120.34	128.65	67.28	98.28	4.61
Net Cash Growth	-23.72%	-6.46%	91.23%	-31.55%	2030.13%	-
Net Cash Per Share	0.28	0.34	0.36	0.15	0.28	0.01
Filing Date Shares Outstanding	358.84	365.27	365.27	365.27	365.27	365.27
Total Common Shares Outstanding	358.84	365.27	365.27	365.27	365.27	365.27
Working Capital	144.7	147.63	192.46	223.82	204.69	187.68
Book Value Per Share	0.19	0.24	0.36	0.56	0.54	0.58
Tangible Book Value	59.73	78.57	121.4	176.2	158.96	158.62
Tangible Book Value Per Share	0.17	0.22	0.33	0.48	0.44	0.43
Buildings	-	77	76.95	76.82	76.34	75.25
Machinery	-	36.3	74.75	82.76	82.43	80.63
Construction In Progress	-	0.09	0.59	-	0.06	-