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	-	136.51	-	-	-	-
Trading Asset Securities	877.71	954.14	954.19	694.46	641.38	538.63
Cash & Short-Term Investments	1,042	1,204	1,117	999.58	860.71	840.28
Cash Growth	-1.56%	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	299.93	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	33.12	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	-	5.62	6.39	5.12	7.34	6.1
Current Income Taxes Payable	129.97	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	833.21	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)	948.02	1,079	941.65	884.72	807.37	768.81
Net Cash Growth	0.63%	14.55%	6.44%	9.58%	5.02%	38.07%
Net Cash Per Share	6.24	7.10	6.19	5.79	5.30	5.06
Filing Date Shares Outstanding	-	153.4	153.4	153.82	152.78	151.97
Total Common Shares Outstanding	-	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	-	17.32	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	-	17.14	15.69	14.42	11.97	9.53
Buildings	-	409.52	287.12	284.12	289.38	298.05
Machinery	-	485.88	314.22	312.36	301.9	251.25
Construction In Progress	-	40.17	206.68	41.48	17.19	16.73