SHA:600976 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	164.57	113.71	163.17	305.12	219.33	301.66
Short-Term Investments	210.17	136.51	-	-	-	-
Trading Asset Securities	877.71	954.14	954.19	694.46	641.38	538.63
Cash & Short-Term Investments	1,252	1,204	1,117	999.58	860.71	840.28
Cash Growth	18.30%	7.79%	11.78%	16.13%	2.43%	45.64%
Accounts Receivable	1,114	1,040	957.56	1,150	868.66	674.6
Other Receivables	37.9	123.8	25.76	31.43	49.64	21.43
Receivables	1,152	1,164	983.33	1,181	918.29	696.03
Inventory	312.2	286.57	354.31	450.85	362.88	222.6
Other Current Assets	89.76	94.89	146.43	134.06	162.85	104.5
Total Current Assets	2,807	2,750	2,601	2,766	2,305	1,863
Property, Plant & Equipment	679.57	698.07	595.59	450.7	417.65	396.65
Long-Term Investments	689.49	722.3	772.18	650.42	444.94	326.85
Goodwill	0.21	0.21	0.21	0.21	0.21	0.21
Other Intangible Assets	26.09	27.53	28.19	28.87	31.16	32.98
Long-Term Deferred Tax Assets	179.36	180.34	129.49	139.44	117.27	118.33
Long-Term Deferred Charges	133.66	136.33	130.78	111.27	91.66	87.64
Other Long-Term Assets	11.18	12.16	19.74	21.14	32.56	30.01
Total Assets	4,526	4,527	4,278	4,168	3,440	2,856

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	649.72	642.52	742.22	782.91	611.06	374.92
Accrued Expenses	739.91	716.3	574.78	724.73	620.32	592.57
Short-Term Debt	20	55.05	140.9	79.45	22.52	45
Current Portion of Leases	6.66	5.62	6.39	5.12	7.34	6.1
Current Income Taxes Payable	100.21	104.05	52.74	66.23	49.68	71.75
Current Unearned Revenue	30.09	36.19	61.43	41.19	82.52	37.04
Other Current Liabilities	156.18	176.11	166.66	157.31	140.25	191.85
Total Current Liabilities	1,703	1,736	1,745	1,857	1,534	1,319
Long-Term Debt	33.86	34.03	4	-	-	-
Long-Term Leases	33.39	31.03	24.43	30.29	23.48	20.37
Long-Term Unearned Revenue	37.21	44.41	46.55	18.61	12.18	27.72
Long-Term Deferred Tax Liabilities	4.78	4.8	7.2	5.62	5.97	0.84
Total Liabilities	1,812	1,850	1,827	1,911	1,575	1,368

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	153.4	153.4	153.4	153.4	153.4	153.4
Additional Paid-In Capital	522.73	522.73	523.42	520.68	509.17	421.5
Retained Earnings	2,019	1,980	1,758	1,580	1,212	931.06
Treasury Stock	-	-	-	-6.76	-14.99	-25.08
Total Common Equity	2,696	2,656	2,435	2,248	1,860	1,481
Minority Interest	18.22	20.4	15.03	8.78	4.99	7.04
Shareholders' Equity	2,714	2,677	2,450	2,256	1,865	1,488
Total Liabilities & Equity	4,526	4,527	4,278	4,168	3,440	2,856

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	94.25	125.73	175.71	114.86	53.34	71.48
Net Cash (Debt)	1,158	1,079	941.65	884.72	807.37	768.81
Net Cash Growth	22.94%	14.55%	6.44%	9.58%	5.02%	38.07%
Net Cash Per Share	7.62	7.10	6.19	5.79	5.30	5.06
Filing Date Shares Outstanding	153.4	153.4	153.4	153.82	152.78	151.97
Total Common Shares Outstanding	153.4	153.4	153.4	153.82	152.78	151.97
Working Capital	1,103	1,014	856.33	908.95	771.06	544.18
Book Value Per Share	17.57	17.32	15.88	14.61	12.17	9.74
Tangible Book Value	2,669	2,629	2,407	2,219	1,829	1,448
Tangible Book Value Per Share	17.40	17.14	15.69	14.42	11.97	9.53
Buildings	404.46	409.52	287.12	284.12	289.38	298.05
Machinery	489.12	485.88	314.22	312.36	301.9	251.25
Construction In Progress	43.65	40.17	206.68	41.48	17.19	16.73