SHA:600846 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	3,444	3,620	2,474	2,197	4,459	2,931
Trading Asset Securities	5.86	7.27	7.43	6.26	5.67	6.69
Cash & Short-Term Investments	3,450	3,627	2,482	2,204	4,464	2,938
Cash Growth	5.97%	46.16%	12.61%	-50.64%	51.94%	-15.42%
Accounts Receivable	2,745	2,727	2,546	1,756	1,761	1,280
Other Receivables	117.12	108.56	109.63	230.82	129.69	118.14
Receivables	2,862	2,836	2,655	1,986	1,891	1,398
Inventory	3,786	4,538	4,870	3,205	2,791	3,253
Prepaid Expenses	126.99	154.54	133.72	96.62	231.94	159.32
Other Current Assets	74.63	76.93	91.44	43.49	108.72	47.86
Total Current Assets	10,299	11,233	10,233	7,535	9,487	7,796
Property, Plant & Equipment	119.12	179.23	184.51	158.66	139.67	217.64
Long-Term Investments	507.99	478.7	432.91	383.43	357.81	371.11
Goodwill	49.52	45.84	45.84	4.34	-	-
Other Intangible Assets	667.48	637.61	696.94	692.77	744.97	739.91
Long-Term Deferred Tax Assets	51.24	50.85	46.5	27.85	11.1	8.03
Long-Term Deferred Charges	28.89	15.91	21.5	11.17	7.27	8.11
Other Long-Term Assets	439.6	454.94	502.51	404.63	90.45	160.6
Total Assets	12,163	13,096	12,163	9,218	10,838	9,302

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	2,691	2,938	2,645	2,169	2,020	1,668
Accrued Expenses	20.08	148.25	131.44	99.14	198.93	155.32
Short-Term Debt	1,347	1,595	1,696	1,486	1,100	1,100
Current Portion of Long-Term Debt	252.27	196.21	8.15	3.72	2.79	29
Current Portion of Leases	8.62	7.88	7.26	2.43	2.34	2.85
Current Income Taxes Payable	15.31	22.61	133.88	19.46	16.58	21.05
Current Unearned Revenue	1,296	2,149	1,915	1,144	3,072	1,759
Other Current Liabilities	759.64	676.29	731.56	366.93	785.18	728.47
Total Current Liabilities	6,389	7,733	7,268	5,291	7,198	5,464
Long-Term Debt	1,270	947.55	622.93	29.74	33.46	396.23
Long-Term Leases	13.67	16.37	20.51	14.34	6.86	8.83
Long-Term Unearned Revenue	-	0.5	-	-	-	-
Long-Term Deferred Tax Liabilities	33.62	33.85	36.53	3.1	-	-
Other Long-Term Liabilities	2.82	2.82	5.51	-	-	-
Total Liabilities	7,709	8,735	7,954	5,339	7,238	5,869

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	624.76	624.76	624.76	624.76	624.76	624.76
Additional Paid-In Capital	51.64	22.54	22.54	22.54	22.54	35.11
Retained Earnings	3,651	3,610	3,461	3,180	2,905	2,728
Treasury Stock	-	-30.98	-30.98	-	-	-
Comprehensive Income & Other	-0.09	0.74	-0.95	1.08	0.96	-1.68
Total Common Equity	4,327	4,227	4,077	3,828	3,553	3,386
Minority Interest	126.98	134.47	133.06	51.16	46.28	46.79
Shareholders' Equity	4,454	4,361	4,210	3,880	3,599	3,433
Total Liabilities & Equity	12,163	13,096	12,163	9,218	10,838	9,302

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	2,891	2,763	2,354	1,537	1,145	1,537
Net Cash (Debt)	558.59	863.75	127.13	667.05	3,319	1,401
Net Cash Growth	7.52%	579.42%	-80.94%	-79.90%	136.85%	-37.24%
Net Cash Per Share	0.90	1.39	0.20	1.07	5.28	2.23
Filing Date Shares Outstanding	624.76	624.76	620.35	624.76	624.76	624.76
Total Common Shares Outstanding	624.76	620.35	620.35	624.76	624.76	624.76
Working Capital	3,911	3,499	2,964	2,244	2,288	2,332
Book Value Per Share	6.93	6.81	6.57	6.13	5.69	5.42
Tangible Book Value	3,610	3,543	3,334	3,131	2,808	2,646
Tangible Book Value Per Share	5.78	5.71	5.37	5.01	4.49	4.23
Buildings	110.38	110.38	110.38	110.38	113.32	117.18
Machinery	72.86	69.7	65.26	44.2	40.07	41.37
Construction In Progress	-	56.24	51.77	51.11	43.91	112.03