SHA:600211 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	2,978	2,327	1,648	1,860	1,140	764.41
Trading Asset Securities	762.18	1,123	976.62	515.34	792.49	537.87
Cash & Short-Term Investments	3,741	3,450	2,625	2,375	1,932	1,302
Cash Growth	23.58%	31.44%	10.51%	22.92%	48.38%	66.22%
Accounts Receivable	854.95	917.49	732.82	856.71	625.68	632.32
Other Receivables	30.86	17.44	11.85	11.82	12.63	12.83
Receivables	885.81	934.93	744.67	868.52	638.31	645.15
Inventory	194.86	181.27	134.19	111.43	99.95	137.32
Prepaid Expenses	0.7	0.07	0.31	0.01	1.5	-
Other Current Assets	73.67	70.89	65.91	47.77	40.04	97.16
Total Current Assets	4,896	4,637	3,570	3,403	2,712	2,182
Property, Plant & Equipment	633.38	655.35	669.85	600.33	551.38	764.54
Long-Term Investments	382.81	425.5	132.94	116.62	129.75	130.25
Goodwill	81.68	84.01	8.88	8.88	8.88	8.88
Other Intangible Assets	274.72	300.78	184.09	202.46	416.48	411.66
Long-Term Deferred Tax Assets	139.16	132.52	151.05	115.48	71.34	67.16
Long-Term Deferred Charges	4.9	5.62	2.63	1.93	2.79	47.69
Other Long-Term Assets	27.22	26.3	27.99	138.79	206.96	190.57
Total Assets	6,440	6,267	4,747	4,587	4,100	3,803

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	44.07	31.9	13.5	5.51	14.37	13.22
Accrued Expenses	386.82	587.08	377.65	530.39	412.7	398.67
Short-Term Debt	1,150	840.34	272.17	499.99	486.1	534.66
Current Portion of Leases	0.46	0.85	0.92	0.88	1	2.13
Current Income Taxes Payable	43.36	29.03	25.5	45.31	27.13	22.13
Current Unearned Revenue	6.2	2.95	4.91	9.84	5.34	3.29
Other Current Liabilities	71.49	147.97	71.92	92.56	79.56	135.56
Total Current Liabilities	1,703	1,640	766.57	1,184	1,026	1,110
Long-Term Debt	20.01	-	-	-	-	-
Long-Term Leases	0.06	0.15	0.3	1.13	1.14	1.86
Long-Term Unearned Revenue	26.97	28.11	27.36	25.85	27.53	30.5
Long-Term Deferred Tax Liabilities	24.82	25.46	1	2.29	14.01	15.61
Other Long-Term Liabilities	440.83	436.06	-	-	-	-
Total Liabilities	2,216	2,130	795.23	1,214	1,069	1,158

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	322.32	322.32	322.32	247.94	247.94	247.94
Additional Paid-In Capital	739.45	752.2	1,188	1,263	1,266	1,265
Retained Earnings	2,994	2,664	2,330	1,773	1,455	1,169
Comprehensive Income & Other	35.79	59.51	77.57	61.21	42.98	-51.42
Total Common Equity	3,913	3,798	3,918	3,345	3,012	2,630
Minority Interest	310.48	339.05	34.29	29.03	19.03	14.66
Shareholders' Equity	4,224	4,137	3,952	3,374	3,031	2,645
Total Liabilities & Equity	6,440	6,267	4,747	4,587	4,100	3,803

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	1,171	841.34	273.39	501.99	488.25	538.65
Net Cash (Debt)	2,570	2,609	2,351	1,873	1,444	763.63
Net Cash Growth	10.11%	10.95%	25.54%	29.71%	89.11%	-1.22%
Net Cash Per Share	8.02	8.09	7.29	5.80	4.48	2.36
Filing Date Shares Outstanding	318.32	322.32	322.32	322.32	322.32	322.32
Total Common Shares Outstanding	318.32	322.32	322.32	322.32	322.32	322.32
Working Capital	3,193	2,997	2,803	2,218	1,686	1,072
Book Value Per Share	12.29	11.78	12.16	10.38	9.34	8.16
Tangible Book Value	3,557	3,414	3,725	3,133	2,586	2,210
Tangible Book Value Per Share	11.17	10.59	11.56	9.72	8.02	6.86
Buildings	537.86	535.52	530.79	462.4	389.99	439.89
Machinery	306.73	309.36	279.08	446.34	139.22	159.08
Construction In Progress	40.81	39.53	65.06	60.71	153.6	272.13