SHA:601890 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	1,509	1,918	1,495	1,613	1,439	1,502
Short-Term Investments	-	140.29	-	-	15	-
Trading Asset Securities	1,384	906.64	1,139	815.34	846.58	418.31
Cash & Short-Term Investments	2,893	2,965	2,634	2,429	2,301	1,921
Cash Growth	11.34%	12.57%	8.46%	5.56%	19.79%	0.67%
Accounts Receivable	837.52	737.17	626.7	530.89	437.26	375.37
Other Receivables	7.97	72.4	66.28	55.93	73.37	74.29
Receivables	845.49	809.57	692.99	586.82	510.62	449.66
Inventory	1,093	875.69	919.29	976.87	866.2	752
Prepaid Expenses	-	0.15	5.69	1.04	0.21	0.7
Other Current Assets	413.68	102.19	70.84	49.55	98.79	89.15
Total Current Assets	5,245	4,753	4,323	4,043	3,777	3,212
Property, Plant & Equipment	696.3	672.46	665.59	626.89	525.72	580.22
Long-Term Investments	189.33	179.81	84.28	0.01	0.01	25.01
Other Intangible Assets	176.38	130.21	136.07	141.64	158.67	163.24
Long-Term Deferred Tax Assets	59.4	59.75	50.39	49.52	49.61	38.53
Long-Term Deferred Charges	55.14	56.09	0.34	0.35	0.38	0.48
Other Long-Term Assets	30.73	87.68	32.21	41.85	104.03	117.64
Total Assets	6,453	5,939	5,292	4,903	4,615	4,137

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	218.71	329.19	242.89	182.82	311.82	144.46
Accrued Expenses	19.46	129.07	134.37	126.81	89.27	107.54
Short-Term Debt	919.07	398.25	173.36	-	125.1	-
Current Portion of Long-Term Debt	333.84	103.56	397.72	4	300	-
Current Income Taxes Payable	23.93	35.34	23.17	19.14	21.47	9.08
Current Unearned Revenue	290.25	246.54	228.17	390.27	279.65	220.37
Other Current Liabilities	119.61	32.5	28.17	29.91	37.44	14.42
Total Current Liabilities	1,925	1,274	1,228	752.96	1,165	495.87
Long-Term Debt	343.61	580.64	166.78	451.24	6.14	305.62
Long-Term Unearned Revenue	74.33	74.33	80.97	86.81	88.47	93.77
Long-Term Deferred Tax Liabilities	1.45	1.45	1.45	1.45	1.45	1.45
Total Liabilities	2,344	1,931	1,477	1,292	1,261	896.71

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	959.4	959.4	959.4	959.4	959.4	959.4
Additional Paid-In Capital	1,384	1,384	1,384	1,384	1,384	1,384
Retained Earnings	1,561	1,466	1,282	1,101	912.75	802.1
Total Common Equity	3,904	3,809	3,626	3,445	3,256	3,146
Minority Interest	204.09	198.7	188.73	166.02	97.96	95
Shareholders' Equity	4,108	4,008	3,815	3,611	3,354	3,241
Total Liabilities & Equity	6,453	5,939	5,292	4,903	4,615	4,137

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	1,597	1,082	737.86	455.24	431.24	305.62
Net Cash (Debt)	1,297	1,883	1,896	1,973	1,869	1,615
Net Cash Growth	-26.16%	-0.72%	-3.91%	5.56%	15.76%	0.81%
Net Cash Per Share	1.35	1.96	1.98	2.06	1.94	1.68
Filing Date Shares Outstanding	960.28	959.4	959.4	959.4	959.4	959.4
Total Common Shares Outstanding	960.28	959.4	959.4	959.4	959.4	959.4
Working Capital	3,320	3,478	3,095	3,290	2,612	2,716
Book Value Per Share	4.07	3.97	3.78	3.59	3.39	3.28
Tangible Book Value	3,728	3,679	3,490	3,303	3,097	2,982
Tangible Book Value Per Share	3.88	3.83	3.64	3.44	3.23	3.11
Buildings	-	781.16	687.21	677.09	548.95	546.9
Machinery	-	886.7	847.51	820.67	799.46	788.51
Construction In Progress	-	22.33	94.61	40.01	20.91	21.64