SHA:601996 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	847.45	785.89	744.45	700.53	817.66	897.95
Trading Asset Securities	-	0.01	0	-	-	-
Cash & Short-Term Investments	847.45	785.89	744.45	700.53	817.66	897.95
Cash Growth	21.11%	5.57%	6.27%	-14.33%	-8.94%	-18.17%
Accounts Receivable	265.76	327.42	402.54	269.61	427.32	428.59
Other Receivables	12.25	12.37	8.4	6.88	11.44	26.12
Receivables	278.01	339.78	410.94	276.49	438.76	454.71
Inventory	585.93	565.93	706.85	695.06	651.4	532.56
Prepaid Expenses	-	-	-	-	0	0.02
Other Current Assets	33.17	71.98	79.59	89.39	94.09	61.37
Total Current Assets	1,745	1,764	1,942	1,761	2,002	1,947
Property, Plant & Equipment	1,288	1,327	1,483	1,611	1,748	1,668
Long-Term Investments	42.37	42.37	59.77	71.46	75.11	63.73
Goodwill	4.28	4.28	4.28	25.14	36.16	40.95
Other Intangible Assets	232.85	236.25	241.34	243.66	250.33	241.1
Long-Term Deferred Tax Assets	1.41	1.23	1	0.88	0.99	0.56
Long-Term Deferred Charges	1.52	2.19	10.54	13.06	14.29	15.72
Other Long-Term Assets	3.54	4.98	9.7	7.86	7.39	55.23
Total Assets	3,318	3,382	3,751	3,734	4,134	4,032

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	274.16	343.39	351.44	493.42	445.67	335.93
Accrued Expenses	1.23	7.97	5.79	13.87	14.11	16.76
Short-Term Debt	594.4	464.58	689.92	270.15	230.15	352.81
Current Portion of Long-Term Debt	7.02	-	-	-	94.82	56.62
Current Portion of Leases	-	6.95	7.72	8.86	7.13	6.5
Current Income Taxes Payable	2.67	0.03	0.27	0.02	0.7	0.71
Current Unearned Revenue	12.19	15.12	20.74	14.25	22.87	32.53
Other Current Liabilities	37.14	13.49	14.28	13.73	12.46	11
Total Current Liabilities	928.82	851.54	1,090	814.3	827.91	812.86
Long-Term Debt	-	-	-	-	441	335.39
Long-Term Leases	18.1	19.38	23.83	27.96	29.38	33.27
Long-Term Unearned Revenue	12.59	12.8	8.17	10.73	10.98	11.68
Long-Term Deferred Tax Liabilities	9.23	9.4	9.98	10.57	10.9	13.45
Other Long-Term Liabilities	2.71	4.21	5.45	2.89	-	-
Total Liabilities	971.44	897.33	1,138	866.44	1,320	1,207

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	1,121	1,121	1,121	1,146	1,146	1,146
Additional Paid-In Capital	701.75	701.75	701.75	752.86	752.86	752.86
Retained Earnings	548.28	656.15	784.65	1,039	986.86	1,009
Treasury Stock	-31	-	-	-75.81	-75.81	-75.81
Comprehensive Income & Other	1.73	1.68	1.79	1.51	-0.06	-10.58
Total Common Equity	2,342	2,481	2,609	2,863	2,809	2,821
Minority Interest	5.03	4.51	4.4	4.44	4.19	4.91
Shareholders' Equity	2,347	2,485	2,614	2,868	2,814	2,826
Total Liabilities & Equity	3,318	3,382	3,751	3,734	4,134	4,032

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	619.52	490.91	721.47	306.96	802.48	784.58
Net Cash (Debt)	227.94	294.98	22.97	393.56	15.18	113.37
Net Cash Growth	55.70%	1184.00%	-94.16%	2492.26%	-86.61%	-77.54%
Net Cash Per Share	0.20	0.25	0.02	0.38	0.01	0.10
Filing Date Shares Outstanding	1,052	1,121	1,121	1,121	1,121	1,121
Total Common Shares Outstanding	1,052	1,121	1,121	1,121	1,121	1,121
Working Capital	815.74	912.05	851.66	947.17	1,174	1,134
Book Value Per Share	2.23	2.21	2.33	2.55	2.51	2.52
Tangible Book Value	2,105	2,240	2,363	2,595	2,523	2,539
Tangible Book Value Per Share	2.00	2.00	2.11	2.31	2.25	2.26
Buildings	-	928.44	926.76	922.72	909.3	673.48
Machinery	-	1,951	1,961	1,943	1,922	1,406
Construction In Progress	-	9.04	7.92	8.05	17.78	587.51