SHA:603230 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	423.45	783.22	922.83	1,565	1,449	2,171
Short-Term Investments	50.27	50	-	-	-	-
Trading Asset Securities	1,944	1,739	1,586	1,211	902.62	-
Cash & Short-Term Investments	2,418	2,572	2,509	2,776	2,352	2,171
Cash Growth	0.36%	2.53%	-9.61%	18.01%	8.36%	126.19%
Accounts Receivable	394.74	318.27	389.57	405.35	487.32	316.68
Other Receivables	3.97	11.55	13.94	4.43	5.46	6.51
Receivables	398.71	329.82	403.5	409.78	492.78	323.2
Inventory	63.13	108.92	120.59	110.11	98.15	145.64
Prepaid Expenses	0.27	0.23	50.31	0.23	0	0.13
Other Current Assets	41.78	43.62	41.2	38.25	25.28	33.69
Total Current Assets	2,922	3,055	3,125	3,334	2,968	2,673
Property, Plant & Equipment	1,222	1,241	1,251	693.7	711.86	671.28
Long-Term Investments	0.52	0.52	0.52	0.52	0.52	0.52
Other Intangible Assets	123.72	128.79	133.92	115.03	120.26	120.78
Long-Term Deferred Tax Assets	1.02	0.05	0.1	0.04	0	0
Long-Term Deferred Charges	9.92	10.88	13.31	0.23	-	-
Other Long-Term Assets	55.46	55.03	73.15	260.18	225.94	145.94
Total Assets	4,334	4,492	4,597	4,404	4,027	3,612

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	1,010	1,020	1,112	1,065	988.36	842.08
Accrued Expenses	116.52	185.19	243.59	274.44	237.21	200.17
Current Portion of Leases	0.07	0.12	0.09	0.24	0.27	0.14
Current Income Taxes Payable	0.35	0.36	0.46	0.03	0.01	-
Current Unearned Revenue	148.31	194.98	150.24	157.54	139.27	137.52
Other Current Liabilities	58.81	54.03	50.26	38.35	33.59	28.4
Total Current Liabilities	1,334	1,455	1,557	1,536	1,399	1,208
Long-Term Leases	-	0.11	0.09	0.22	0.5	0.31
Long-Term Unearned Revenue	248.77	255.08	273.28	291.51	314.24	335.01
Other Long-Term Liabilities	10.13	10.13	10.64	-	-	-
Total Liabilities	1,593	1,720	1,841	1,828	1,713	1,544

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	353.52	353.52	353.52	353.52	353.52	353.52
Additional Paid-In Capital	889.14	889.14	877.1	877.1	877.1	877.1
Retained Earnings	1,496	1,526	1,521	1,342	1,080	835.4
Comprehensive Income & Other	-	-	-0.08	-0.3	-0.59	-0.73
Total Common Equity	2,739	2,769	2,752	2,572	2,310	2,065
Minority Interest	2.61	2.91	4.31	3.59	3.08	2.87
Shareholders' Equity	2,741	2,772	2,756	2,576	2,313	2,068
Total Liabilities & Equity	4,334	4,492	4,597	4,404	4,027	3,612

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	0.07	0.23	0.18	0.46	0.77	0.45
Net Cash (Debt)	2,418	2,572	2,509	2,775	2,351	2,170
Net Cash Growth	0.36%	2.53%	-9.60%	18.03%	8.34%	126.14%
Net Cash Per Share	6.48	7.21	7.12	7.85	6.67	8.17
Filing Date Shares Outstanding	353.52	353.52	353.52	353.52	353.52	353.52
Total Common Shares Outstanding	353.52	353.52	353.52	353.52	353.52	353.52
Working Capital	1,588	1,601	1,568	1,798	1,570	1,465
Book Value Per Share	7.75	7.83	7.78	7.28	6.53	5.84
Tangible Book Value	2,615	2,640	2,618	2,457	2,190	1,945
Tangible Book Value Per Share	7.40	7.47	7.40	6.95	6.19	5.50
Buildings	1,561	1,556	1,501	800.73	813.14	725.2
Machinery	110.51	110.2	105.22	129.8	100.24	97.65
Construction In Progress	74.51	63.84	66.4	36.91	41.77	64.13