SHA:600536 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	3,523	4,161	2,579	1,945	2,365	3,277
Trading Asset Securities	1.84	1.84	2.43	2.43	2.43	2.43
Cash & Short-Term Investments	3,525	4,163	2,581	1,948	2,367	3,279
Cash Growth	-31.89%	61.27%	32.52%	-17.71%	-27.81%	30.33%
Accounts Receivable	1,699	1,677	2,061	2,923	3,114	2,387
Other Receivables	129.09	82.98	296.75	84.25	86.08	106.64
Receivables	1,829	1,760	2,357	3,007	3,200	2,494
Inventory	864.89	1,256	1,022	976.56	1,554	2,576
Prepaid Expenses	0	1.88	3.08	14.31	11.34	0.65
Other Current Assets	230.85	232.98	193.47	366.93	265.24	387.47
Total Current Assets	6,449	7,414	6,158	6,313	7,398	8,737
Property, Plant & Equipment	353.39	374.79	376.78	562.74	778.74	811.3
Long-Term Investments	1,175	1,166	1,256	1,736	1,638	975.74
Goodwill	-	-	-	1.51	1.51	1.51
Other Intangible Assets	677.58	633.82	296.95	267.12	243.32	191.85
Long-Term Deferred Tax Assets	82.86	78.54	72.87	93.16	89.5	87.37
Long-Term Deferred Charges	336.05	286.56	304.78	197.9	36.11	37.5
Other Long-Term Assets	1,284	1,184	84.28	84.16	91.08	76.51
Total Assets	10,358	11,137	8,550	9,256	10,276	10,919

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	1,122	1,856	2,149	2,606	3,486	4,105
Accrued Expenses	173.67	492.74	376.17	380.66	400.02	368.51
Short-Term Debt	1,271	750.5	952	557.83	415.88	302.85
Current Portion of Long-Term Debt	27.5	55	445	50	45	35
Current Portion of Leases	53.47	42.18	37.72	85.8	113.41	6.14
Current Income Taxes Payable	2.35	13.37	20.82	4.26	3.66	11.85
Current Unearned Revenue	1,217	1,331	885.59	529.07	744.72	1,150
Other Current Liabilities	211.53	232.19	410.16	768.67	650.89	394.5
Total Current Liabilities	4,078	4,774	5,277	4,982	5,860	6,374
Long-Term Debt	-	-	55	676	630	675
Long-Term Leases	31.18	50.16	27.95	42.2	97.12	204.44
Long-Term Unearned Revenue	29.56	35.87	28.56	47.35	55.61	280.39
Long-Term Deferred Tax Liabilities	7.81	7.91	9.84	21.35	16.02	3.22
Other Long-Term Liabilities	75.45	75.52	64.11	57.66	57.1	69.72
Total Liabilities	4,222	4,943	5,462	5,827	6,716	7,607

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	933.79	933.79	850.17	859.75	659.99	494.56
Additional Paid-In Capital	2,330	2,586	1,226	1,182	1,304	1,079
Retained Earnings	454.8	198.97	240.39	653.02	899.67	879.29
Treasury Stock	-100	-100	-207.06	-387.36	-342.43	-
Comprehensive Income & Other	-30.46	-29.13	-28.47	-28.29	-28.41	-29.5
Total Common Equity	3,588	3,589	2,081	2,279	2,493	2,424
Minority Interest	2,547	2,605	1,006	1,150	1,068	888.58
Shareholders' Equity	6,136	6,194	3,087	3,429	3,560	3,312
Total Liabilities & Equity	10,358	11,137	8,550	9,256	10,276	10,919

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	1,383	897.85	1,518	1,412	1,301	1,223
Net Cash (Debt)	2,142	3,265	1,064	536.09	1,066	2,056
Net Cash Growth	-33.22%	206.96%	98.42%	-49.70%	-48.16%	4.46%
Net Cash Per Share	2.07	3.94	1.24	0.71	1.39	2.42
Filing Date Shares Outstanding	930.68	930.68	847.07	859.69	860.21	857.99
Total Common Shares Outstanding	930.68	930.68	847.07	859.75	857.99	835.81
Working Capital	2,371	2,640	880.98	1,331	1,538	2,363
Book Value Per Share	3.86	3.86	2.46	2.65	2.91	2.90
Tangible Book Value	2,911	2,955	1,784	2,010	2,248	2,230
Tangible Book Value Per Share	3.13	3.18	2.11	2.34	2.62	2.67
Buildings	525.74	526.98	528.52	626.88	701.47	638.18
Machinery	344.72	368.55	367.82	425.02	498.77	458.75
Construction In Progress	-	-	-	-	-	37.68