SHA:601882 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	948.99	718.3	769.86	473.33	519.63	1,004
Short-Term Investments	50.94	25.21	10.57	300	100	50
Trading Asset Securities	250.35	537.53	231.23	445.31	460.06	180
Cash & Short-Term Investments	1,250	1,281	1,012	1,219	1,080	1,234
Cash Growth	19.48%	26.63%	-16.98%	12.87%	-12.47%	28.98%
Accounts Receivable	1,466	1,180	1,069	893.23	917.29	778.18
Other Receivables	68.15	54.18	17.33	38.7	59.2	46.76
Receivables	1,534	1,234	1,087	931.93	976.5	824.93
Inventory	1,576	1,511	1,461	1,570	1,575	1,278
Prepaid Expenses	9.92	6.02	2.49	0.99	1.33	2.61
Other Current Assets	27.53	25.07	49.26	6.27	4.49	5.85
Total Current Assets	4,398	4,057	3,611	3,728	3,637	3,345
Property, Plant & Equipment	1,006	945.8	769.12	595.45	599.53	508.12
Long-Term Investments	15.75	40.9	50.68	0.24	-	100
Other Intangible Assets	226.64	229.06	233.78	230.77	235.81	70.23
Long-Term Deferred Tax Assets	80.56	79.31	64.74	54.19	49.89	44.71
Long-Term Deferred Charges	0.05	0.19	0.57	0.1	0.39	0.23
Other Long-Term Assets	26.71	4.76	6.33	7.65	0.48	16.24
Total Assets	5,753	5,358	4,736	4,617	4,523	4,084

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	1,245	1,022	782.01	869.33	935.53	1,134
Accrued Expenses	245.69	262.93	249.19	232.12	200.49	180.15
Short-Term Debt	58.1	54.42	-	-	-	-
Current Portion of Leases	1.31	1.28	0.69	6.45	6.17	2.82
Current Income Taxes Payable	34.91	25.2	26.78	24.38	5.21	21.87
Current Unearned Revenue	847.17	818.7	754.08	887.11	1,054	856.38
Other Current Liabilities	148.08	127.53	110.49	134.54	176.62	124.85
Total Current Liabilities	2,580	2,312	1,923	2,154	2,378	2,320
Long-Term Leases	2.76	2.71	-	2.63	9.08	6.03
Long-Term Unearned Revenue	43.71	46.89	61.27	100.3	102.98	72.11
Other Long-Term Liabilities	49.53	44.46	47.16	47.42	47.04	40.59
Total Liabilities	2,676	2,406	2,032	2,304	2,537	2,439

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	522	522	522	522	522	522
Additional Paid-In Capital	290.41	290.41	290.41	290.41	290.41	290.41
Retained Earnings	2,242	2,116	1,875	1,492	1,165	830.06
Comprehensive Income & Other	20.67	19.88	15.66	7.44	8.15	3.05
Total Common Equity	3,075	2,948	2,703	2,312	1,985	1,646
Minority Interest	2.58	3.68	2.1	-	-	-
Shareholders' Equity	3,078	2,952	2,705	2,312	1,985	1,646
Total Liabilities & Equity	5,753	5,358	4,736	4,617	4,523	4,084

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	62.17	58.41	0.69	9.08	15.25	8.85
Net Cash (Debt)	1,188	1,223	1,011	1,210	1,064	1,225
Net Cash Growth	14.48%	20.94%	-16.42%	13.63%	-13.09%	28.05%
Net Cash Per Share	2.27	2.34	1.93	2.32	2.04	2.34
Filing Date Shares Outstanding	522	522	522	522	522	522
Total Common Shares Outstanding	522	522	522	522	522	522
Working Capital	1,818	1,746	1,688	1,574	1,258	1,025
Book Value Per Share	5.89	5.65	5.18	4.43	3.80	3.15
Tangible Book Value	2,848	2,719	2,469	2,082	1,750	1,575
Tangible Book Value Per Share	5.46	5.21	4.73	3.99	3.35	3.02
Buildings	960.76	960.75	750.25	554.66	554.66	554.66
Machinery	944.76	938.43	917.88	908.4	876.81	801.77
Construction In Progress	228.61	141.61	147.18	111.63	75.12	1.6