SHA:600285 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	743.7	382.84	1,228	1,499	1,179	801.24
Short-Term Investments	-	547.59	283.01	95.63	125.34	140.77
Trading Asset Securities	130.31	160.35	-	0.21	150.42	280.19
Cash & Short-Term Investments	874.01	1,091	1,511	1,595	1,455	1,222
Cash Growth	-22.79%	-27.83%	-5.23%	9.60%	19.05%	47.32%
Accounts Receivable	877.28	713.34	488.95	498.99	511.97	431.18
Other Receivables	14.27	7.1	6.29	19.35	21.37	9.58
Receivables	891.55	720.44	495.23	518.34	533.34	440.77
Inventory	359.1	436.64	434.97	467.35	486.41	428.39
Other Current Assets	713.26	32.02	16.45	18.51	33.58	39.87
Total Current Assets	2,838	2,280	2,458	2,599	2,508	2,131
Property, Plant & Equipment	707.15	682.62	631.2	647.81	706.76	732.92
Long-Term Investments	239.47	1,570	1,437	1,069	676.63	364.7
Goodwill	482.02	482.02	-	-	-	-
Other Intangible Assets	343.38	330.14	203.75	202.5	203.65	236.95
Long-Term Deferred Tax Assets	230.41	198.35	199.59	186.92	159.2	116.49
Long-Term Deferred Charges	20.11	18.54	12.34	36.73	51.54	65.53
Other Long-Term Assets	895.15	73.48	74.45	29.98	38.45	145.25
Total Assets	5,756	5,636	5,017	4,772	4,345	3,793

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	92.1	97.27	85.13	57.38	68.02	78.01
Accrued Expenses	144.01	1,121	1,176	1,110	917.79	600.38
Short-Term Debt	361.05	409.52	90.47	199.94	151.15	272.34
Current Portion of Long-Term Debt	1.94	-	-	-	-	-
Current Portion of Leases	-	2.59	1.78	1.08	1.22	1.65
Current Income Taxes Payable	147.75	49.81	56.28	70.72	55.54	46.9
Current Unearned Revenue	66.8	83.64	114.28	114.48	153.75	79.09
Other Current Liabilities	1,594	352.12	350.24	346.95	364.47	359.28
Total Current Liabilities	2,408	2,116	1,874	1,900	1,712	1,438
Long-Term Leases	3.55	4.27	6.55	6.96	6.2	7.9
Long-Term Unearned Revenue	35.38	31	33.4	39.78	38.55	42.78
Long-Term Deferred Tax Liabilities	39	48.74	22.27	26.32	29.56	18.18
Total Liabilities	2,486	2,200	1,937	1,973	1,786	1,507

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	567.12	567.12	567.12	567.14	567.46	567.76
Additional Paid-In Capital	371.04	367.2	340.61	326.23	309.82	272.02
Retained Earnings	2,310	2,438	2,181	1,894	1,664	1,481
Treasury Stock	-5.6	-12.58	-13.7	-47.4	-67.62	-98.19
Comprehensive Income & Other	-10.62	40.41	-2.02	51	76.74	56.08
Total Common Equity	3,232	3,401	3,073	2,791	2,551	2,279
Minority Interest	38.12	35.33	7.77	7.66	7.55	7.59
Shareholders' Equity	3,270	3,436	3,080	2,799	2,558	2,287
Total Liabilities & Equity	5,756	5,636	5,017	4,772	4,345	3,793

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	366.54	416.38	98.8	207.99	158.57	281.89
Net Cash (Debt)	507.47	674.41	1,413	1,387	1,296	940.31
Net Cash Growth	-16.90%	-52.26%	1.86%	6.96%	37.88%	41.69%
Net Cash Per Share	0.89	1.19	2.50	2.45	2.28	1.66
Filing Date Shares Outstanding	566.65	566.13	564.42	563.94	569.61	564.55
Total Common Shares Outstanding	566.65	566.13	564.42	563.94	569.61	564.55
Working Capital	429.99	164.31	583.7	698.77	796.44	693.59
Book Value Per Share	5.70	6.01	5.44	4.95	4.48	4.04
Tangible Book Value	2,406	2,588	2,869	2,589	2,347	2,042
Tangible Book Value Per Share	4.25	4.57	5.08	4.59	4.12	3.62
Buildings	-	659.16	588.03	593.96	595.01	582.83
Machinery	-	672.16	591.9	581.63	581.92	534.7
Construction In Progress	-	16.01	34.2	2.88	1.92	24.78