SHA:603069 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	169.92	313.95	236.76	333.26	181.91	244.03
Trading Asset Securities	-	-	-	-	-	15
Cash & Short-Term Investments	169.92	313.95	236.76	333.26	181.91	259.03
Cash Growth	-45.95%	32.60%	-28.95%	83.20%	-29.77%	-26.33%
Accounts Receivable	173.83	156.82	205.9	186.52	175.89	90.2
Other Receivables	99.11	103.02	245.85	126.81	95.32	54.35
Receivables	272.94	259.84	451.75	313.33	271.22	144.54
Inventory	9.3	9.39	60.74	46.14	2.17	23.31
Prepaid Expenses	2.85	1.51	1.4	0.52	-	-
Other Current Assets	77.06	90.75	142.28	189.52	178.32	68.72
Total Current Assets	532.08	675.44	892.94	882.77	633.62	495.6
Property, Plant & Equipment	1,651	1,639	1,538	1,394	1,084	1,111
Long-Term Investments	4.32	5.25	2.85	3.85	5.05	6.85
Goodwill	1.2	1.2	1.2	1.2	1.2	1.2
Other Intangible Assets	235.48	237.96	244.62	251.9	261.6	230.51
Long-Term Deferred Tax Assets	0.33	0.35	0.25	0.93	0.89	-
Long-Term Deferred Charges	3	3.33	2.83	3.03	7.45	11.58
Other Long-Term Assets	9.59	21.61	17.41	48.95	87.96	14.89
Total Assets	2,437	2,584	2,700	2,587	2,082	1,871

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	274.23	337.79	495.13	470.36	120.77	164.57
Accrued Expenses	74	84.19	97.55	92.34	93.21	88.61
Short-Term Debt	50.03	-	-	6.2	-	-
Current Portion of Long-Term Debt	33.39	179.84	429.46	67.71	46.29	100
Current Portion of Leases	0.85	1.41	1.27	1.65	1.84	2.5
Current Income Taxes Payable	0.57	1.76	2.21	3.13	5.91	9.8
Current Unearned Revenue	7.19	7.24	32.26	49.3	15.58	19.74
Other Current Liabilities	226.32	229.99	243.79	253.59	254.03	274.68
Total Current Liabilities	666.58	842.21	1,302	944.3	537.64	659.9
Long-Term Debt	872.34	800.07	442.9	576.02	402.58	100.2
Long-Term Leases	2.99	2.99	2.96	3.69	4.2	4.02
Long-Term Unearned Revenue	112.59	115.69	118.27	121.77	127.46	136.14
Long-Term Deferred Tax Liabilities	0.38	0.38	0.28	0.95	1.07	-
Other Long-Term Liabilities	30.85	25.05	18.21	22.27	12.91	14.71
Total Liabilities	1,686	1,786	1,884	1,669	1,086	914.98

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	316	316	316	316	316	316
Additional Paid-In Capital	421.39	421.39	373.81	373.58	373.24	372.8
Retained Earnings	4.03	48.68	109.5	207.2	276.16	237.11
Comprehensive Income & Other	7.23	8.84	11.6	12.09	14.01	14.5
Total Common Equity	748.65	794.91	810.91	908.87	979.41	940.41
Minority Interest	2.66	2.9	4.68	8.99	16.7	15.75
Shareholders' Equity	751.31	797.81	815.59	917.85	996.12	956.16
Total Liabilities & Equity	2,437	2,584	2,700	2,587	2,082	1,871

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	959.6	984.31	876.59	655.28	454.91	206.72
Net Cash (Debt)	-789.68	-670.36	-639.83	-322.02	-273	52.31
Net Cash Growth	-	-	-	-	-	-79.16%
Net Cash Per Share	-2.43	-2.09	-2.03	-1.03	-0.83	0.17
Filing Date Shares Outstanding	316	316	316	316	316	316
Total Common Shares Outstanding	316	316	316	316	316	316
Working Capital	-134.5	-166.77	-408.72	-61.53	95.98	-164.3
Book Value Per Share	2.37	2.52	2.57	2.88	3.10	2.98
Tangible Book Value	511.97	555.76	565.09	655.77	716.62	708.7
Tangible Book Value Per Share	1.62	1.76	1.79	2.08	2.27	2.24
Buildings	1,335	1,041	956.88	876.8	876.55	908.45
Machinery	1,117	1,118	1,109	1,113	1,070	1,114
Construction In Progress	396.83	663.67	633.68	507.69	145.44	72.09