SHA:603200 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	309.25	330.81	165.67	282.71	283.4	218.56
Short-Term Investments	-	220.57	175.2	91.52	-	-
Cash & Short-Term Investments	309.25	551.38	340.87	374.22	283.4	218.56
Cash Growth	-34.19%	61.76%	-8.91%	32.05%	29.67%	-19.21%
Accounts Receivable	410.64	413.96	443.46	512.73	503.19	517.76
Other Receivables	18.42	38.24	32.26	8.69	17.96	12.73
Receivables	429.06	452.2	475.72	521.42	521.15	530.49
Inventory	138.85	116.88	105.75	82.43	92.65	85.36
Prepaid Expenses	-	-	-	2.41	-	-
Other Current Assets	225.14	18.4	18.66	18.95	38.43	41.39
Total Current Assets	1,102	1,139	941	999.44	935.64	875.8
Property, Plant & Equipment	302.26	303.58	292.8	106.82	94.26	95.32
Long-Term Investments	247.36	248.35	122.54	122.94	125.43	88.23
Goodwill	-	-	-	-	-	8.48
Other Intangible Assets	159.88	166.49	190.09	201.12	185.96	150.48
Long-Term Deferred Tax Assets	24.86	22.15	18.14	20.12	14.22	11.64
Long-Term Deferred Charges	9.35	9.92	1.19	3.11	1.95	1.65
Other Long-Term Assets	18.69	23.38	16.89	17.02	15.65	-
Total Assets	1,865	1,913	1,583	1,471	1,373	1,232

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	144.11	172.89	143.36	134.4	168.67	131.26
Accrued Expenses	0.49	15.6	11.11	13.48	18.15	19.54
Short-Term Debt	292.89	292.12	293.88	247.78	127.55	123.3
Current Portion of Long-Term Debt	6.68	0.1	-	15.02	10.03	-
Current Portion of Leases	-	5.32	7.01	5.4	6.61	8.64
Current Income Taxes Payable	4.05	1.54	0.14	1.43	0.3	0.21
Current Unearned Revenue	50.63	51.26	36.52	32.12	49.47	41.12
Other Current Liabilities	15.79	12.05	13.45	7.24	10.5	18.89
Total Current Liabilities	514.63	550.88	505.46	456.88	391.26	342.97
Long-Term Debt	119	120	-	-	15	-
Long-Term Leases	32.28	34.29	42.28	10.71	14.43	17.11
Long-Term Unearned Revenue	5.25	5.25	5.25	-	-	-
Long-Term Deferred Tax Liabilities	1.47	1.54	1.07	4.69	1.6	1.2
Other Long-Term Liabilities	20.09	7.75	-	-	-	-
Total Liabilities	692.72	719.7	554.06	472.28	422.28	361.29

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	175.48	175.48	175.48	174.87	173.62	125.3
Additional Paid-In Capital	398.01	398.01	327.85	320.91	306.93	338.61
Retained Earnings	512.52	524.37	457.47	426.79	400.84	371.1
Comprehensive Income & Other	-0.19	0.55	-0.07	-0.12	-0.44	-0.42
Total Common Equity	1,086	1,098	960.73	922.45	880.95	834.58
Minority Interest	86.14	94.63	67.86	75.84	69.88	35.74
Shareholders' Equity	1,172	1,193	1,029	998.29	950.82	870.31
Total Liabilities & Equity	1,865	1,913	1,583	1,471	1,373	1,232

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	450.86	451.83	343.16	278.91	173.61	149.05
Net Cash (Debt)	-141.61	99.55	-2.29	95.32	109.79	69.51
Net Cash Growth	-	-	-	-13.18%	57.95%	-48.87%
Net Cash Per Share	-0.81	0.57	-0.01	0.55	0.62	0.41
Filing Date Shares Outstanding	175.79	175.48	175.48	174.87	172.91	172.91
Total Common Shares Outstanding	175.79	175.48	175.48	174.87	172.91	172.91
Working Capital	587.67	587.98	435.53	542.56	544.39	532.83
Book Value Per Share	6.18	6.26	5.47	5.27	5.09	4.83
Tangible Book Value	925.95	931.92	770.64	721.33	694.99	675.62
Tangible Book Value Per Share	5.27	5.31	4.39	4.12	4.02	3.91
Buildings	-	-	-	32.78	30.95	29.25
Machinery	-	132.17	80.62	60.02	73.8	65.84
Construction In Progress	-	5.36	187.4	29.74	13.77	9.13