SHA:600246 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	787.84	909.74	1,210	1,439	1,794	2,644
Trading Asset Securities	-	-	-	11.81	11.51	13.62
Cash & Short-Term Investments	787.84	909.74	1,210	1,450	1,806	2,658
Cash Growth	-31.42%	-24.83%	-16.56%	-19.67%	-32.06%	3.10%
Accounts Receivable	66.84	50.36	46.65	78.01	61.54	54.38
Other Receivables	224.51	222.75	443.84	570.73	704.25	777.7
Receivables	291.35	273.11	490.49	648.74	765.79	832.08
Inventory	361.15	282.91	605.58	882.88	1,129	1,258
Prepaid Expenses	-	101.33	93.52	57.52	67.18	80.52
Other Current Assets	167.61	52.49	-	3.94	0.58	385.82
Total Current Assets	1,608	1,620	2,400	3,044	3,768	5,215
Property, Plant & Equipment	128.08	96.62	96.85	92.21	96.14	102.03
Long-Term Investments	1,018	1,038	1,582	1,308	1,403	1,286
Goodwill	715.67	715.67	-	21.97	21.97	-
Other Intangible Assets	115.56	121.64	0.35	112.09	120.11	0.75
Long-Term Deferred Tax Assets	157	164.56	63.97	118.82	114.42	69.44
Long-Term Deferred Charges	5.17	2.77	4.03	4.19	6.06	4.75
Other Long-Term Assets	3,566	3,594	3,708	4,131	3,990	4,182
Total Assets	7,313	7,354	7,856	8,831	9,519	10,860

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	88.98	87.09	155.33	233.49	278.41	355.96
Accrued Expenses	22.77	185.91	150.17	358.68	442.76	326.22
Short-Term Debt	24.21	44.54	-	-	-	-
Current Portion of Long-Term Debt	156.05	146.25	126.63	74.29	262.29	155.82
Current Portion of Leases	-	6.09	-	0.45	0.33	2.14
Current Income Taxes Payable	126.39	2.02	5.72	27.71	9.38	24.23
Current Unearned Revenue	56.46	40.75	104.15	142.12	192.28	268.91
Other Current Liabilities	605.6	407.28	186.32	184.13	185.45	196.52
Total Current Liabilities	1,080	919.93	728.33	1,021	1,371	1,330
Long-Term Debt	1,433	1,487	1,631	1,755	1,704	2,062
Long-Term Leases	20.3	8.83	-	0.82	-	-
Long-Term Deferred Tax Liabilities	58.01	56.85	46.83	51.72	55.67	60.3
Total Liabilities	2,591	2,472	2,406	2,829	3,130	3,452

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	1,943	1,890	1,987	2,054	2,054	2,054
Additional Paid-In Capital	2,704	2,340	3,082	3,515	3,515	3,525
Retained Earnings	200.25	414.55	1,069	1,526	1,917	2,240
Treasury Stock	-328.59	-	-966.19	-1,465	-1,465	-796.52
Comprehensive Income & Other	-	3.88	3.88	2.84	1.89	-3.47
Total Common Equity	4,519	4,649	5,177	5,633	6,022	7,019
Minority Interest	202.85	232.3	273.07	370.17	366.78	389.68
Shareholders' Equity	4,722	4,881	5,450	6,003	6,389	7,408
Total Liabilities & Equity	7,313	7,354	7,856	8,831	9,519	10,860

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	1,633	1,693	1,758	1,831	1,966	2,220
Net Cash (Debt)	-845.41	-782.76	-547.33	-380.32	-160.89	438.29
Net Cash Growth	-	-	-	-	-	68.73%
Net Cash Per Share	-0.44	-0.42	-0.29	-0.20	-0.08	0.22
Filing Date Shares Outstanding	1,926	1,890	1,871	1,871	1,871	1,944
Total Common Shares Outstanding	1,926	1,890	1,871	1,871	1,871	1,944
Working Capital	527.5	699.64	1,672	2,023	2,397	3,885
Book Value Per Share	2.35	2.46	2.77	3.01	3.22	3.61
Tangible Book Value	3,688	3,811	5,176	5,499	5,880	7,018
Tangible Book Value Per Share	1.92	2.02	2.77	2.94	3.14	3.61
Buildings	-	-	-	107.19	107.19	107.19
Machinery	-	47.24	11.41	26.92	30.77	31.81