SHA:600684 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	817.32	987.69	511.86	1,146	3,066	3,599
Short-Term Investments	10.13	10.13	10.13	10.13	1,124	1,113
Trading Asset Securities	160	150	49.14	68.55	68.9	96.38
Cash & Short-Term Investments	987.45	1,148	571.12	1,225	4,259	4,808
Cash Growth	112.58%	100.98%	-53.36%	-71.25%	-11.42%	-14.21%
Accounts Receivable	556.97	434.08	354.54	279.74	271.89	60.5
Other Receivables	115.45	107.47	418.05	391.1	755.88	945.13
Receivables	672.42	541.55	772.59	670.84	1,028	1,006
Inventory	6.43	6.6	18.24	95.88	23,134	23,937
Prepaid Expenses	4.89	9.53	7.04	4.17	653.34	470.79
Other Current Assets	95.8	23.3	18.9	612.64	810.34	815.53
Total Current Assets	1,767	1,729	1,388	2,608	29,884	31,037
Property, Plant & Equipment	136.72	108.69	89.16	105.43	311.81	740.34
Long-Term Investments	153.35	151.58	155.84	153.04	368.52	182.48
Goodwill	-	-	-	-	0.33	0.33
Other Intangible Assets	5.86	6.3	9.09	14.19	12.17	2.57
Long-Term Deferred Tax Assets	37.32	30.68	25.37	28.48	302.13	336.93
Long-Term Deferred Charges	17.6	9.73	8.25	6.96	39.25	60.81
Other Long-Term Assets	93.56	84.15	88.57	67.6	1,337	846.3
Total Assets	2,211	2,120	1,764	2,984	32,256	33,207

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	8.03	3.02	2.16	2.29	1,031	751.52
Accrued Expenses	401.96	399.72	371.69	363.9	1,407	1,411
Short-Term Debt	-	-	100.09	-	-	-
Current Portion of Long-Term Debt	-	-	-	1,102	2,355	1,751
Current Portion of Leases	28.82	30.5	25.25	26.12	24.63	7.74
Current Income Taxes Payable	8.63	13.63	9.26	10.26	55.87	50.74
Current Unearned Revenue	79.52	55.91	70.22	139.11	5,821	6,324
Other Current Liabilities	236.27	221.29	619.38	780.45	10,876	9,799
Total Current Liabilities	763.23	724.06	1,198	2,425	21,569	20,095
Long-Term Debt	-	-	-	-	7,678	8,371
Long-Term Leases	98.52	65.81	50.73	64.98	37.53	26.93
Long-Term Unearned Revenue	-	-	-	-	118.72	118.72
Long-Term Deferred Tax Liabilities	20.33	17.62	13.93	19.41	358.4	368.63
Other Long-Term Liabilities	1.61	1.69	1.42	0.99	277.2	374.81
Total Liabilities	883.7	809.18	1,264	2,510	30,039	29,355

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	1,106	1,106	853.46	853.46	853.46	853.46
Additional Paid-In Capital	686.19	686.19	205.74	204.79	198.16	19.25
Retained Earnings	-512.06	-525.79	-599.79	-615.37	-357.11	1,319
Comprehensive Income & Other	-0.07	0.09	0.91	0.67	11.08	-21.75
Total Common Equity	1,280	1,267	460.31	443.56	705.59	2,170
Minority Interest	47.55	44.18	39.76	30.36	1,511	1,682
Shareholders' Equity	1,328	1,311	500.08	473.92	2,217	3,852
Total Liabilities & Equity	2,211	2,120	1,764	2,984	32,256	33,207

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	127.34	96.31	176.06	1,193	10,095	10,156
Net Cash (Debt)	860.11	1,052	395.06	31.1	-5,836	-5,348
Net Cash Growth	208.30%	166.17%	1170.20%	-	-	-
Net Cash Per Share	0.76	1.14	0.51	0.03	-6.85	-6.50
Filing Date Shares Outstanding	1,106	1,106	853.46	853.46	853.46	853.46
Total Common Shares Outstanding	1,106	1,106	853.46	853.46	853.46	853.46
Working Capital	1,004	1,005	189.86	183.6	8,315	10,942
Book Value Per Share	1.16	1.15	0.54	0.52	0.83	2.54
Tangible Book Value	1,274	1,260	451.22	429.36	693.09	2,167
Tangible Book Value Per Share	1.15	1.14	0.53	0.50	0.81	2.54
Buildings	3.55	3.55	3.55	3.55	320.92	329.27
Machinery	46.12	45.17	45.5	44.94	82.07	34.66
Construction In Progress	-	-	-	-	-	458.35