SHA:600727 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	2,088	2,536	2,507	2,482	1,992	935.52
Trading Asset Securities	413.6	14	42	-	200.66	171.45
Cash & Short-Term Investments	2,502	2,550	2,549	2,482	2,193	1,107
Cash Growth	-11.98%	0.07%	2.69%	13.18%	98.11%	-23.24%
Accounts Receivable	999.38	803.35	941.51	841.51	271.85	288.58
Other Receivables	3.07	1.32	26.6	86.46	12.26	11.9
Receivables	1,002	804.66	968.12	927.97	284.1	300.47
Inventory	767.8	657.43	742.54	686.24	721.31	616.72
Prepaid Expenses	-	5.66	0.04	-	0.04	0.28
Other Current Assets	244.04	267.37	205.97	120.5	241.72	321.96
Total Current Assets	4,516	4,285	4,465	4,217	3,440	2,346
Property, Plant & Equipment	3,948	3,747	3,449	3,517	3,508	3,418
Long-Term Investments	29.72	29.72	62.46	30.46	29.3	28.24
Goodwill	173.61	173.61	173.61	173.61	173.61	173.61
Other Intangible Assets	626.14	618.46	571.65	500.38	426.03	165.68
Long-Term Deferred Tax Assets	20.45	33.05	24.95	46.27	37.19	7.71
Long-Term Deferred Charges	0.31	0.35	0.39	0.43	5.87	3.8
Other Long-Term Assets	9.97	10.14	8.07	32.41	25	25
Total Assets	9,324	8,898	8,755	8,517	7,645	6,168

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	1,066	684.95	1,146	1,377	3,261	1,941
Accrued Expenses	159.65	195.89	220.27	169.08	162.14	140.83
Short-Term Debt	2,443	2,771	2,613	2,502	263	-
Current Portion of Long-Term Debt	187.55	211.73	20.33	120.11	69.5	50
Current Portion of Leases	13.04	8.21	35.68	64.3	61.11	58.08
Current Income Taxes Payable	22.34	15.44	25.14	20.73	20.58	33.87
Current Unearned Revenue	190.76	196.64	170.87	187.98	177.68	204.1
Other Current Liabilities	379.66	510.23	489.36	586.12	83.06	87.51
Total Current Liabilities	4,462	4,594	4,721	5,027	4,098	2,515
Long-Term Debt	1,079	624.78	350	-	120	50
Long-Term Leases	42.32	46.94	42.16	101.98	166.67	228.15
Long-Term Unearned Revenue	5.42	2.78	3.5	4.22	8	8.72
Long-Term Deferred Tax Liabilities	72.43	66.95	58.17	73.72	55.37	47.55
Other Long-Term Liabilities	-	-	-	-	-	27.15
Total Liabilities	5,661	5,336	5,175	5,207	4,448	2,877

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	528.58	528.58	528.58	528.58	528.58	528.58
Additional Paid-In Capital	1,558	1,558	1,558	1,558	1,558	1,558
Retained Earnings	1,211	1,066	1,054	872.71	770.3	911.46
Comprehensive Income & Other	49.3	44.65	38.79	31.73	33.24	26.47
Total Common Equity	3,347	3,198	3,180	2,991	2,890	3,025
Minority Interest	315.2	364.99	400.16	318.57	306.37	266.77
Shareholders' Equity	3,663	3,563	3,580	3,310	3,197	3,291
Total Liabilities & Equity	9,324	8,898	8,755	8,517	7,645	6,168

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	3,765	3,663	3,061	2,789	680.28	386.23
Net Cash (Debt)	-1,263	-1,112	-512.82	-306.85	1,513	720.74
Net Cash Growth	-	-	-	-	109.89%	-36.50%
Net Cash Per Share	-2.28	-2.03	-0.96	-0.57	2.91	1.36
Filing Date Shares Outstanding	528.58	528.58	528.58	528.58	528.58	528.58
Total Common Shares Outstanding	528.58	528.58	528.58	528.58	528.58	528.58
Working Capital	53.9	-308.64	-256	-810.7	-658.25	-169.03
Book Value Per Share	6.33	6.05	6.02	5.66	5.47	5.72
Tangible Book Value	2,548	2,406	2,435	2,317	2,291	2,685
Tangible Book Value Per Share	4.82	4.55	4.61	4.38	4.33	5.08
Buildings	2,433	2,532	2,518	2,418	2,346	2,231
Machinery	2,969	2,872	2,832	2,722	2,615	2,487
Construction In Progress	922.53	595.34	177.54	198.74	122.37	89.13