SHA:601700 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	1,565	1,342	1,919	1,222	805.77	794.99
Trading Asset Securities	2.22	-	332.65	-	0	36.01
Cash & Short-Term Investments	1,567	1,342	2,251	1,222	805.77	831
Cash Growth	-16.02%	-40.40%	84.29%	51.61%	-3.04%	-16.67%
Accounts Receivable	1,893	1,900	1,973	2,396	1,878	2,134
Other Receivables	41.71	-	-	115.3	82.33	82.84
Receivables	1,935	1,900	1,973	2,512	1,960	2,217
Inventory	671.96	933.04	920.52	1,100	701.81	907.4
Prepaid Expenses	-	4.09	17.44	7.01	-	0.23
Other Current Assets	295.72	414.66	204.07	294.28	104.93	182.69
Total Current Assets	4,470	4,593	5,366	5,135	3,572	4,138
Property, Plant & Equipment	825.35	1,557	1,500	1,457	759.88	662.44
Long-Term Investments	188.98	141.16	108.52	137.79	171.87	183.63
Goodwill	-	-	338.98	370.48	-	-
Other Intangible Assets	124.15	464.35	443.28	465.78	135.09	138.88
Long-Term Deferred Tax Assets	116.61	119.27	95.78	91.79	54.74	56.63
Long-Term Deferred Charges	2.67	4.16	3.84	2.65	2.14	2.61
Other Long-Term Assets	69.87	150.04	138.86	124.73	90.49	52.69
Total Assets	5,797	7,029	7,995	7,785	4,787	5,235

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	368.98	875.5	1,318	1,231	461.27	750.34
Accrued Expenses	12.31	56.93	103.12	40.46	23.46	32.3
Short-Term Debt	2,709	2,548	2,394	1,875	1,575	1,525
Current Portion of Long-Term Debt	57.22	102.1	56.17	13.36	-	6.08
Current Portion of Leases	-	56.39	56.56	144.15	0.17	0.16
Current Income Taxes Payable	3.38	12.68	26.62	6.51	0.49	7.25
Current Unearned Revenue	176.6	408.14	345.32	243.52	48.46	165.21
Other Current Liabilities	71.58	139.87	91.33	718.88	38.45	61.64
Total Current Liabilities	3,399	4,199	4,391	4,273	2,147	2,548
Long-Term Debt	172.72	352.8	506.56	280.65	-	44
Long-Term Leases	9.76	114.76	76.85	45.75	0.76	0.93
Long-Term Unearned Revenue	-	25.96	15.3	5.35	5.43	5
Long-Term Deferred Tax Liabilities	0.97	89.42	101.73	108.77	0.5	0.58
Total Liabilities	3,588	4,782	5,092	4,714	2,154	2,599

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	1,139	1,142	1,142	1,142	1,142	1,141
Additional Paid-In Capital	1,251	1,270	1,270	1,268	1,268	1,262
Retained Earnings	28.75	-62.37	346.92	312.74	255.43	280.23
Treasury Stock	-150	-153	-	-	-	-
Comprehensive Income & Other	-58.67	-57.69	-80.61	-67.15	-54.9	-66.9
Total Common Equity	2,209	2,139	2,679	2,656	2,611	2,616
Minority Interest	-	107.03	224.75	414.55	21.87	20.09
Shareholders' Equity	2,209	2,246	2,903	3,071	2,633	2,636
Total Liabilities & Equity	5,797	7,029	7,995	7,785	4,787	5,235

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	2,949	3,174	3,090	2,359	1,576	1,577
Net Cash (Debt)	-1,382	-1,832	-838.8	-1,137	-770.09	-745.57
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.20	-1.60	-0.74	-0.99	-0.67	-0.65
Filing Date Shares Outstanding	1,145	1,108	1,142	1,142	1,142	1,141
Total Common Shares Outstanding	1,145	1,108	1,142	1,142	1,142	1,141
Working Capital	1,070	393.76	974.62	861.2	1,425	1,590
Book Value Per Share	1.93	1.93	2.35	2.33	2.29	2.29
Tangible Book Value	2,085	1,675	1,896	1,820	2,476	2,477
Tangible Book Value Per Share	1.82	1.51	1.66	1.59	2.17	2.17
Buildings	-	1,188	912.12	878.6	525.1	443.61
Machinery	-	1,381	1,389	1,323	689.27	623.93
Construction In Progress	-	43.54	62.11	7.53	5.55	7.44