SHA:603131 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	104.59	439.68	548.27	603.39	459	382.83
Short-Term Investments	-	-	-	85.31	-	70.09
Trading Asset Securities	945.92	648.45	556.2	180.88	412.74	280
Cash & Short-Term Investments	1,051	1,088	1,104	869.57	871.74	732.92
Cash Growth	-2.94%	-1.48%	27.01%	-0.25%	18.94%	-16.49%
Accounts Receivable	322.36	289.89	357.14	450.47	459.03	485.9
Other Receivables	21.43	16.75	13.47	12.53	12.12	29.14
Receivables	343.79	306.64	370.61	462.99	471.15	515.04
Inventory	352.53	252.72	282.19	335.96	340.37	346.17
Other Current Assets	59	31.77	5.37	5.02	6.81	10.93
Total Current Assets	1,806	1,679	1,763	1,674	1,690	1,605
Property, Plant & Equipment	312.59	324.66	342.54	375.15	409.4	440.58
Long-Term Investments	1.2	25.13	41.56	48.92	49.54	40.44
Goodwill	-	-	-	-	97.42	250.98
Other Intangible Assets	58.11	59.35	59.17	61.69	64.14	67.67
Long-Term Deferred Tax Assets	14.83	17.1	19.33	7.36	5.74	14.11
Long-Term Deferred Charges	3.71	4.67	2.98	1.85	2.52	1.23
Other Long-Term Assets	0.36	0.4	0.82	0.73	1.66	1.68
Total Assets	2,197	2,111	2,229	2,169	2,320	2,422

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	419.22	323.08	353.48	328.94	325	353.02
Accrued Expenses	36.32	46.79	47.36	60.61	65.35	57.07
Short-Term Debt	-	-	50.03	-	100	35.07
Current Portion of Long-Term Debt	-	199.96	4.34	3.61	9.17	7.68
Current Portion of Leases	4.37	7.62	7.26	13.19	8.34	9.25
Current Income Taxes Payable	0.03	9.21	6.56	1.2	7.41	11.74
Current Unearned Revenue	59.82	39.42	68.26	81.2	68.61	74
Other Current Liabilities	9.72	16.54	14.32	25.66	21.94	23.11
Total Current Liabilities	529.48	642.62	551.6	514.42	605.81	570.94
Long-Term Debt	-	-	434.3	423.88	424.01	416.57
Long-Term Leases	7.42	9.51	9.43	12.99	19.82	22.84
Long-Term Unearned Revenue	3.72	4.11	2.38	3.1	2.78	3.36
Pension & Post-Retirement Benefits	0.02	0.01	-	-	-	-
Long-Term Deferred Tax Liabilities	2.27	2.24	2.38	2.37	2.69	2.9
Total Liabilities	542.91	658.49	1,000	956.76	1,055	1,017

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	336.91	328.5	317.99	317.99	317.98	317.98
Additional Paid-In Capital	928.75	735.28	492.52	492.58	494.46	493.61
Retained Earnings	374.73	367.77	389.78	377.22	431.47	564.39
Comprehensive Income & Other	6.09	13.48	23.79	22.55	21.48	20.94
Total Common Equity	1,646	1,445	1,224	1,210	1,265	1,397
Minority Interest	7.25	7.06	4.88	2.14	-0.01	8.19
Shareholders' Equity	1,654	1,452	1,229	1,212	1,265	1,405
Total Liabilities & Equity	2,197	2,111	2,229	2,169	2,320	2,422

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	11.79	217.09	505.36	453.67	561.33	491.41
Net Cash (Debt)	1,039	871.03	599.11	415.9	310.4	241.5
Net Cash Growth	67.26%	45.39%	44.05%	33.99%	28.53%	-38.87%
Net Cash Per Share	2.91	2.87	1.91	1.30	0.98	0.75
Filing Date Shares Outstanding	336.91	328.5	317.99	317.99	317.98	317.98
Total Common Shares Outstanding	336.91	328.5	317.99	317.99	317.98	317.98
Working Capital	1,276	1,037	1,211	1,159	1,084	1,034
Book Value Per Share	4.89	4.40	3.85	3.81	3.98	4.39
Tangible Book Value	1,588	1,386	1,165	1,149	1,104	1,078
Tangible Book Value Per Share	4.71	4.22	3.66	3.61	3.47	3.39
Buildings	288.68	288.68	288.6	288.54	264.88	264.88
Machinery	284.88	285.24	285.02	284.78	281.1	263.09
Construction In Progress	10.2	4.34	3.63	3.29	27.15	38.15