SHA:603088 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	350.54	299.45	192.97	270.73	274.14	87.54
Short-Term Investments	69.54	106.15	43.65	14.94	85	-
Trading Asset Securities	52.62	71.51	146.28	140.64	24.21	220.33
Cash & Short-Term Investments	472.7	477.11	382.89	426.31	383.35	307.87
Cash Growth	21.35%	24.61%	-10.18%	11.21%	24.52%	35.32%
Accounts Receivable	362.53	385.92	291.07	265.2	257.78	233.28
Other Receivables	6.87	12.73	5.78	5.74	4.43	4.39
Receivables	369.39	398.65	296.85	270.94	262.21	237.67
Inventory	499.93	472.94	389.71	429.92	424.82	344.82
Other Current Assets	62.4	52.88	2.85	2.71	3.94	12.32
Total Current Assets	1,404	1,402	1,072	1,130	1,074	902.68
Property, Plant & Equipment	336.22	331.81	165.87	166.62	159.37	140.68
Long-Term Investments	20.07	50.66	51.65	40.15	10	10
Goodwill	45.59	45.59	-	-	-	-
Other Intangible Assets	102.68	103.29	65.53	67.52	65.98	68.59
Long-Term Deferred Tax Assets	19.67	19.04	16.83	14.48	11.15	11.15
Long-Term Deferred Charges	4.27	3.94	0.49	0.85	1.31	1.78
Other Long-Term Assets	8.04	14.26	13.76	12.11	19.95	20.3
Total Assets	1,941	1,970	1,386	1,432	1,342	1,155

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	249.48	257.92	185.45	209.27	192.37	135.1
Accrued Expenses	50.56	64.41	54.64	56.45	46.2	39.75
Short-Term Debt	1.07	-	-	2.84	15.34	46.85
Current Portion of Long-Term Debt	-	0.06	-	-	-	-
Current Portion of Leases	0.61	0.65	0.14	0.1	0.57	0.54
Current Income Taxes Payable	8.09	8.66	13.63	11.09	10.45	6.39
Current Unearned Revenue	406.39	372.54	286.49	362.24	342.99	303.65
Other Current Liabilities	54.54	61.98	44.72	44.19	78.58	61.2
Total Current Liabilities	770.75	766.22	585.07	686.19	686.49	593.48
Long-Term Debt	0.81	0.81	-	-	-	-
Long-Term Leases	0.37	0.8	0.25	-	0.1	0.67
Long-Term Unearned Revenue	4.37	2.79	3	3.83	4	6.69
Long-Term Deferred Tax Liabilities	13.84	14.58	-	-	-	2.36
Other Long-Term Liabilities	20.48	19.08	7.77	5.39	3	-
Total Liabilities	810.62	804.28	596.08	695.41	693.59	603.21

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	502.39	502.39	437.87	437.9	438.03	307.33
Additional Paid-In Capital	337.72	337.72	42.7	40.48	31	63.4
Retained Earnings	257.5	292.94	299.81	262.16	199.29	173.36
Treasury Stock	-	-	-7.2	-15.81	-28.5	-
Comprehensive Income & Other	8.68	7.98	4.72	2.27	-0.01	-0.06
Total Common Equity	1,106	1,141	777.9	727	639.81	544.03
Minority Interest	24.04	24.84	12.48	9.2	8.68	7.94
Shareholders' Equity	1,130	1,166	790.37	736.2	648.49	551.97
Total Liabilities & Equity	1,941	1,970	1,386	1,432	1,342	1,155

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	2.86	2.32	0.4	2.95	16.01	48.06
Net Cash (Debt)	469.84	474.78	382.5	423.36	367.35	259.81
Net Cash Growth	23.30%	24.13%	-9.65%	15.25%	41.39%	14.19%
Net Cash Per Share	0.94	0.99	0.88	0.96	0.85	0.61
Filing Date Shares Outstanding	502.39	502.39	437.87	437.9	401.93	430.26
Total Common Shares Outstanding	502.39	502.39	437.87	437.9	401.93	430.26
Working Capital	633.67	635.36	487.25	443.7	387.83	309.19
Book Value Per Share	2.20	2.27	1.78	1.66	1.59	1.26
Tangible Book Value	958.02	992.16	712.37	659.48	573.83	475.44
Tangible Book Value Per Share	1.91	1.97	1.63	1.51	1.43	1.10
Buildings	299.57	299.57	162.72	162.71	130.18	120.3
Machinery	504.21	498.58	245.78	218.96	211.64	198.77
Construction In Progress	19.65	4.15	2.31	13.86	17.94	7.25