SHA:603126 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	814.6	1,293	1,036	1,242	1,042	913.33
Trading Asset Securities	-	-	-	-	29.94	35.78
Cash & Short-Term Investments	814.6	1,293	1,036	1,242	1,072	949.11
Cash Growth	-20.66%	24.77%	-16.58%	15.88%	12.94%	-18.33%
Accounts Receivable	3,702	3,083	1,940	2,180	1,816	1,266
Other Receivables	67.71	41.76	39.35	42.88	27.14	27.1
Receivables	3,770	3,124	1,979	2,223	1,843	1,293
Inventory	354.88	332.15	276.55	280.31	430.16	772.73
Prepaid Expenses	16.03	15.88	16	12.13	9.68	-
Other Current Assets	394.09	340.74	318.1	178.26	178.36	201.86
Total Current Assets	5,350	5,106	3,626	3,936	3,534	3,217
Property, Plant & Equipment	1,168	1,133	1,166	1,161	1,119	830.29
Long-Term Investments	70.35	70.32	45.53	64.12	56.64	59.94
Goodwill	-	-	1.26	1.26	1.26	1.26
Other Intangible Assets	206.67	210.33	178.17	179.12	165.12	152.95
Long-Term Accounts Receivable	25.17	25.75	31.5	-	-	-
Long-Term Deferred Tax Assets	69.05	66.36	63.26	62.42	53.03	47.16
Long-Term Deferred Charges	13.99	9.34	1	0.77	1.08	0.97
Other Long-Term Assets	27.54	28.77	20.07	27.93	49.31	116.86
Total Assets	6,930	6,650	5,133	5,433	4,979	4,426

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	2,521	2,442	1,409	1,758	1,533	1,146
Accrued Expenses	14.85	20.87	17.07	8.5	81.05	18.75
Short-Term Debt	474.02	433.8	48.49	34.51	40	50
Current Portion of Long-Term Debt	96.94	110.07	184.48	28.77	17.77	52
Current Income Taxes Payable	2.8	6.65	3.85	60.99	18.92	23.03
Current Unearned Revenue	523.61	445.17	429.68	314.65	311.13	522.39
Other Current Liabilities	235.2	262.62	306.7	301.7	256.22	217.44
Total Current Liabilities	3,869	3,721	2,399	2,507	2,258	2,030
Long-Term Debt	575.99	428.49	249.53	349.26	232.48	63.5
Long-Term Unearned Revenue	15.01	14.34	15.01	14.46	25	36.07
Long-Term Deferred Tax Liabilities	22.51	15.31	4.3	7.12	8.78	9.55
Other Long-Term Liabilities	13.62	15.48	16.24	16.25	14.9	20.13
Total Liabilities	4,496	4,195	2,684	2,895	2,539	2,159

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	610.5	610.5	610.5	610.5	610.5	610.5
Additional Paid-In Capital	58.21	58.21	58.21	61.64	61.19	57.53
Retained Earnings	1,395	1,396	1,386	1,429	1,340	1,235
Comprehensive Income & Other	-29.07	-18.46	-12.19	5.44	21.58	16.85
Total Common Equity	2,034	2,046	2,042	2,106	2,033	1,920
Minority Interest	399.95	408.57	406.32	432.05	406.67	347.16
Shareholders' Equity	2,434	2,455	2,448	2,538	2,440	2,267
Total Liabilities & Equity	6,930	6,650	5,133	5,433	4,979	4,426

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	1,147	972.37	482.51	412.54	290.25	165.5
Net Cash (Debt)	-332.35	320.52	553.71	829.6	781.66	783.61
Net Cash Growth	-	-42.11%	-33.26%	6.13%	-0.25%	-25.52%
Net Cash Per Share	-0.54	0.53	0.91	1.36	1.28	1.28
Filing Date Shares Outstanding	610.5	610.5	610.5	610.5	610.5	610.5
Total Common Shares Outstanding	610.5	610.5	610.5	610.5	610.5	610.5
Working Capital	1,481	1,385	1,227	1,428	1,275	1,187
Book Value Per Share	3.33	3.35	3.34	3.45	3.33	3.15
Tangible Book Value	1,828	1,836	1,863	1,926	1,867	1,766
Tangible Book Value Per Share	2.99	3.01	3.05	3.15	3.06	2.89
Buildings	973.62	864.31	821.26	769.34	580.39	537.46
Machinery	483.81	483.94	480.5	420.87	426.61	343.75
Construction In Progress	110.88	143.21	139.56	182.7	261.42	100.57