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	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	3,410	2,327	1,648	1,860	1,140	764.41
Trading Asset Securities	371.01	1,123	976.62	515.34	792.49	537.87
Cash & Short-Term Investments	3,781	3,450	2,625	2,375	1,932	1,302
Cash Growth	15.60%	31.44%	10.51%	22.92%	48.38%	66.22%
Accounts Receivable	656.67	917.49	732.82	856.71	625.68	632.32
Other Receivables	32.27	17.44	11.85	11.82	12.63	12.83
Receivables	688.94	934.93	744.67	868.52	638.31	645.15
Inventory	213.15	181.27	134.19	111.43	99.95	137.32
Prepaid Expenses	-	0.07	0.31	0.01	1.5	-
Other Current Assets	63.36	70.89	65.91	47.77	40.04	97.16
Total Current Assets	4,747	4,637	3,570	3,403	2,712	2,182
Property, Plant & Equipment	622.49	655.35	669.85	600.33	551.38	764.54
Long-Term Investments	380.92	425.5	132.94	116.62	129.75	130.25
Goodwill	80.96	84.01	8.88	8.88	8.88	8.88
Other Intangible Assets	262.93	300.78	184.09	202.46	416.48	411.66
Long-Term Deferred Tax Assets	127.67	132.52	151.05	115.48	71.34	67.16
Long-Term Deferred Charges	6.28	5.62	2.63	1.93	2.79	47.69
Other Long-Term Assets	29.57	26.3	27.99	138.79	206.96	190.57
Total Assets	6,257	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	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	69.48	31.9	13.5	5.51	14.37	13.22
Accrued Expenses	63.16	587.08	377.65	530.39	412.7	398.67
Short-Term Debt	1,223	840.34	272.17	499.99	486.1	534.66
Current Portion of Leases	0.49	0.85	0.92	0.88	1	2.13
Current Income Taxes Payable	-	29.03	25.5	45.31	27.13	22.13
Current Unearned Revenue	10.92	2.95	4.91	9.84	5.34	3.29
Other Current Liabilities	366.77	147.97	71.92	92.56	79.56	135.56
Total Current Liabilities	1,734	1,640	766.57	1,184	1,026	1,110
Long-Term Debt	30.02	-	-	-	-	-
Long-Term Leases	0.28	0.15	0.3	1.13	1.14	1.86
Long-Term Unearned Revenue	26.46	28.11	27.36	25.85	27.53	30.5
Long-Term Deferred Tax Liabilities	24.66	25.46	1	2.29	14.01	15.61
Other Long-Term Liabilities	445.24	436.06	-	-	-	-
Total Liabilities	2,260	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	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	322.32	322.32	322.32	247.94	247.94	247.94
Additional Paid-In Capital	733.32	752.2	1,188	1,263	1,266	1,265
Retained Earnings	2,797	2,664	2,330	1,773	1,455	1,169
Comprehensive Income & Other	30.83	59.51	77.57	61.21	42.98	-51.42
Total Common Equity	3,705	3,798	3,918	3,345	3,012	2,630
Minority Interest	291.91	339.05	34.29	29.03	19.03	14.66
Shareholders' Equity	3,997	4,137	3,952	3,374	3,031	2,645
Total Liabilities & Equity	6,257	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	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	1,253	841.34	273.39	501.99	488.25	538.65
Net Cash (Debt)	2,528	2,609	2,351	1,873	1,444	763.63
Net Cash Growth	9.74%	10.95%	25.54%	29.71%	89.11%	-1.22%
Net Cash Per Share	7.85	8.09	7.29	5.80	4.48	2.36
Filing Date Shares Outstanding	329.06	322.32	322.32	322.32	322.32	322.32
Total Common Shares Outstanding	329.06	322.32	322.32	322.32	322.32	322.32
Working Capital	3,013	2,997	2,803	2,218	1,686	1,072
Book Value Per Share	11.26	11.78	12.16	10.38	9.34	8.16
Tangible Book Value	3,361	3,414	3,725	3,133	2,586	2,210
Tangible Book Value Per Share	10.22	10.59	11.56	9.72	8.02	6.86
Buildings	-	535.52	530.79	462.4	389.99	439.89
Machinery	-	309.36	279.08	446.34	139.22	159.08
Construction In Progress	-	39.53	65.06	60.71	153.6	272.13