SHA:601515 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	1,947	2,166	1,982	2,277	1,921	2,396
Trading Asset Securities	2.05	9.51	22.86	-	-	-
Cash & Short-Term Investments	1,949	2,175	2,005	2,277	1,921	2,396
Cash Growth	-17.13%	8.47%	-11.95%	18.52%	-19.81%	109.96%
Accounts Receivable	649.63	597.67	599.72	720.24	965.73	889.87
Other Receivables	9.39	13.25	107.59	236.41	108.4	75.84
Receivables	659.02	610.91	707.31	956.66	1,074	965.7
Inventory	322	268.59	300.12	333.7	757.13	866.55
Prepaid Expenses	-	0.51	0.05	0.86	-	-
Other Current Assets	118.9	119.54	112.49	90.53	88.95	44
Total Current Assets	3,049	3,175	3,125	3,659	3,842	4,272
Property, Plant & Equipment	1,695	1,739	1,754	1,476	1,667	1,434
Long-Term Investments	650.66	610.97	1,025	1,273	1,439	1,459
Goodwill	84.61	84.61	242.43	382.87	456.52	360.85
Other Intangible Assets	209.36	214.43	278.13	313.94	461	456.4
Long-Term Deferred Tax Assets	118.99	123.74	130.5	181.48	53.66	17.03
Long-Term Deferred Charges	82.12	89.47	101.47	43.72	48.09	5.44
Other Long-Term Assets	119.68	116.39	91.81	77.49	195.96	33.97
Total Assets	6,009	6,154	6,749	7,407	8,163	8,038

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	486.52	285.11	326.58	415.77	1,172	1,033
Accrued Expenses	25.8	99.22	39.08	48.86	141.39	108.32
Short-Term Debt	137.11	116.03	85.02	61.06	46.77	28.84
Current Portion of Long-Term Debt	19.08	-	191.26	0.1	30.14	-
Current Portion of Leases	-	10.18	8.42	5.33	10.22	5.93
Current Income Taxes Payable	8.2	26.09	7.41	4.53	19.64	13.31
Current Unearned Revenue	5.74	4.82	4.63	3.9	7.6	18.89
Other Current Liabilities	42.72	238.6	207.56	185.65	75.68	113.24
Total Current Liabilities	725.16	780.05	869.95	725.19	1,503	1,322
Long-Term Debt	137.36	145.44	156.57	276.27	277.05	296.72
Long-Term Leases	38.98	38.15	62.53	62.97	62.92	13
Long-Term Unearned Revenue	165.95	159.28	94.48	77.33	41.04	9.61
Long-Term Deferred Tax Liabilities	140.87	143.39	190.9	206.83	275.81	187.84
Total Liabilities	1,244	1,266	1,374	1,349	2,160	1,829

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	1,924	1,924	1,874	1,843	1,843	1,536
Additional Paid-In Capital	839.34	842.73	739.41	674.15	686.65	998.87
Retained Earnings	2,108	2,166	2,613	3,148	2,998	3,399
Comprehensive Income & Other	-9.83	-9.8	12.54	46.13	44	42.64
Total Common Equity	4,812	4,924	5,239	5,711	5,571	5,977
Minority Interest	-46.47	-36.36	135.6	347.18	431.75	232.76
Shareholders' Equity	4,765	4,887	5,375	6,059	6,003	6,209
Total Liabilities & Equity	6,009	6,154	6,749	7,407	8,163	8,038

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	332.54	309.81	503.79	405.72	427.1	344.49
Net Cash (Debt)	1,616	1,865	1,501	1,871	1,494	2,052
Net Cash Growth	-8.33%	24.23%	-19.78%	25.25%	-27.17%	180.67%
Net Cash Per Share	0.89	1.00	0.83	0.99	0.88	1.22
Filing Date Shares Outstanding	2,829	1,924	1,874	1,843	1,843	1,843
Total Common Shares Outstanding	2,829	1,924	1,874	1,843	1,843	1,843
Working Capital	2,324	2,395	2,255	2,934	2,338	2,951
Book Value Per Share	1.70	2.56	2.79	3.10	3.02	3.24
Tangible Book Value	4,518	4,625	4,718	5,015	4,654	5,159
Tangible Book Value Per Share	1.60	2.40	2.52	2.72	2.53	2.80
Buildings	-	1,068	809.34	681.68	975.35	1,074
Machinery	-	1,463	1,305	1,149	2,185	1,798
Construction In Progress	-	33.4	427.68	389.26	49	66.82