SHA:600892 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	22.27	51.86	57.79	79.51	65.25	112.36
Trading Asset Securities	-	-	1.12	0.97	1.89	17.27
Cash & Short-Term Investments	22.27	51.86	58.91	80.48	67.14	129.63
Cash Growth	-50.03%	-11.97%	-26.80%	19.88%	-48.21%	-17.34%
Accounts Receivable	55.68	53.8	22.05	13.98	15.31	20.66
Other Receivables	14.91	12.28	11.55	3.85	7	8.98
Receivables	70.6	66.08	33.6	17.83	22.31	29.64
Inventory	117.68	123.04	31.38	19.51	21.93	24.79
Prepaid Expenses	0.17	0.43	0.08	0.25	-	0.59
Other Current Assets	114.98	84.26	73.08	15.29	11.12	20.75
Total Current Assets	325.7	325.66	197.05	133.35	122.49	205.4
Property, Plant & Equipment	32.63	37.73	7.15	10.18	15.07	14.34
Long-Term Investments	2.18	-	-	7.99	8.13	1.18
Goodwill	110.51	110.51	110.51	137.53	159.13	158.98
Other Intangible Assets	1.15	1.45	0.36	0.07	0.36	0.41
Long-Term Deferred Tax Assets	20.99	21.31	20.62	18.91	15.63	12.26
Long-Term Deferred Charges	0.17	0.62	0.61	1.07	1.51	1.24
Other Long-Term Assets	-	-	-	-	60.43	63.39
Total Assets	493.33	497.29	336.31	309.09	382.75	457.21

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	69	66.15	47.98	46.57	48.05	49.46
Accrued Expenses	41.12	38.26	28.17	23.44	44.3	52.56
Short-Term Debt	249.41	223.83	80.49	10.02	20.04	20.03
Current Portion of Long-Term Debt	9.83	5.01	-	-	-	80.14
Current Portion of Leases	4.16	5.47	3.4	4.13	4.27	3.33
Current Income Taxes Payable	0.78	1.22	2.86	7.92	0	2.76
Current Unearned Revenue	104.09	100.09	50.98	36.3	35.94	36.43
Other Current Liabilities	12.81	15.6	12.55	3.85	12.99	8.03
Total Current Liabilities	491.19	455.64	226.44	132.23	165.59	252.75
Long-Term Debt	15.7	5	-	-	-	-
Long-Term Leases	4.55	7.96	1.99	5.19	9.6	9.42
Long-Term Unearned Revenue	2.13	2.13	2.11	0.05	0.05	0.05
Long-Term Deferred Tax Liabilities	0.67	0.99	0.52	1.7	2.53	-
Other Long-Term Liabilities	-	-	7.95	3.55	-	12.17
Total Liabilities	514.24	471.72	239.01	142.71	177.78	274.39

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	559.46	559.46	559.46	559.46	559.46	559.46
Additional Paid-In Capital	1,133	1,133	1,103	1,103	1,128	1,128
Retained Earnings	-1,706	-1,667	-1,586	-1,521	-1,509	-1,532
Comprehensive Income & Other	-0.28	-0.28	-0.28	-0.82	-0.61	-0.61
Total Common Equity	-13.6	25.25	76.41	140.63	177.21	154.01
Minority Interest	-7.3	0.32	20.9	25.75	27.76	28.81
Shareholders' Equity	-20.91	25.57	97.3	166.38	204.97	182.82
Total Liabilities & Equity	493.33	497.29	336.31	309.09	382.75	457.21

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	283.65	247.28	85.88	19.34	33.9	112.92
Net Cash (Debt)	-261.38	-195.42	-26.97	61.14	33.23	16.71
Net Cash Growth	-	-	-	83.99%	98.88%	-78.25%
Net Cash Per Share	-0.49	-0.36	-0.05	0.10	0.06	0.03
Filing Date Shares Outstanding	559.46	559.46	559.46	559.46	559.46	559.46
Total Common Shares Outstanding	559.46	559.46	559.46	559.46	559.46	559.46
Working Capital	-165.49	-129.97	-29.39	1.13	-43.1	-47.35
Book Value Per Share	-0.02	0.05	0.14	0.25	0.32	0.28
Tangible Book Value	-125.27	-86.72	-34.47	3.03	17.72	-5.38
Tangible Book Value Per Share	-0.22	-0.16	-0.06	0.01	0.03	-0.01
Buildings	22.39	22.39	-	0.11	0.11	0.11
Machinery	6.31	6.44	6.83	7.13	8.48	8.23