SHA:603237 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	564.03	477.82	519.92	626.75	903.27	252.24
Short-Term Investments	-	-	-	-	50	-
Trading Asset Securities	408.24	150	31.01	-	-	-
Cash & Short-Term Investments	972.27	627.82	550.92	626.75	953.27	252.24
Cash Growth	18.56%	13.96%	-12.10%	-34.25%	277.93%	-58.39%
Accounts Receivable	378.35	64.28	42.58	84.28	53.77	42.38
Other Receivables	28.26	24.27	18.44	25.06	22.05	30.15
Receivables	406.61	88.55	61.01	109.34	75.83	72.53
Inventory	183.58	161.67	217.27	197.95	261.62	315.11
Prepaid Expenses	1.56	0.95	1.18	1.96	2.06	2.57
Other Current Assets	24.75	61.48	55.45	58.54	33.05	60.89
Total Current Assets	1,589	940.47	885.83	994.53	1,326	703.34
Property, Plant & Equipment	1,228	1,232	1,208	1,162	863.48	817.78
Long-Term Investments	3.74	0.23	0.25	0.23	0.84	0.23
Other Intangible Assets	66.96	69.09	72.08	68.2	73.16	90.36
Long-Term Deferred Tax Assets	22.32	9.37	8.47	10.41	15.61	11.97
Long-Term Deferred Charges	34.25	38.98	33.25	46.13	48.73	48.42
Other Long-Term Assets	21.96	22.57	50.41	53.94	54.45	59.08
Total Assets	2,966	2,313	2,259	2,336	2,382	1,731

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	463.37	191.67	106.14	93.86	124.19	139.82
Accrued Expenses	225.12	79.13	100.14	110.54	106.98	117.97
Short-Term Debt	-	-	0.5	-	-	-
Current Portion of Leases	55.4	46.43	40.98	43.53	52.36	61.76
Current Income Taxes Payable	72.07	4.49	0.46	1.8	12.28	10.99
Current Unearned Revenue	93.03	84.09	80.65	81.48	76.66	80.41
Other Current Liabilities	167.56	128.78	148.57	165.99	178.29	198.05
Total Current Liabilities	1,077	534.59	477.45	497.19	550.76	609
Long-Term Debt	-	-	-	-	-	92.26
Long-Term Leases	76.05	78.26	44.8	59.7	120.64	149.63
Long-Term Unearned Revenue	21.93	23.13	16.49	12	8.51	7.5
Long-Term Deferred Tax Liabilities	0.57	0.02	0.05	0.2	0.64	-
Other Long-Term Liabilities	-	-	-	-	21.64	21.64
Total Liabilities	1,175	636	538.8	569.1	702.2	880.04

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	196.01	197.07	198.27	143.76	100.74	75.56
Additional Paid-In Capital	1,016	1,090	1,111	1,185	1,133	396.51
Retained Earnings	656.1	553.64	528.78	525.68	442.14	375.77
Treasury Stock	-79.99	-167.67	-120.98	-91.42	-	-
Comprehensive Income & Other	1.52	1.55	1.15	1.32	1.34	1.42
Total Common Equity	1,790	1,675	1,718	1,764	1,677	849.26
Minority Interest	1.47	1.74	2.1	2.61	2.68	1.88
Shareholders' Equity	1,791	1,677	1,720	1,767	1,680	851.14
Total Liabilities & Equity	2,966	2,313	2,259	2,336	2,382	1,731

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	131.45	124.7	86.28	103.22	173	303.64
Net Cash (Debt)	840.83	503.13	464.64	523.53	780.27	-51.41
Net Cash Growth	16.11%	8.28%	-11.25%	-32.90%	-	-
Net Cash Per Share	4.40	2.61	2.39	2.65	4.71	-0.35
Filing Date Shares Outstanding	186.53	190.07	194.66	197.76	197.46	148.09
Total Common Shares Outstanding	186.53	190.07	194.66	198.71	197.46	148.09
Working Capital	512.24	405.88	408.38	497.34	775.06	94.34
Book Value Per Share	9.59	8.81	8.82	8.88	8.49	5.73
Tangible Book Value	1,723	1,606	1,646	1,696	1,604	758.9
Tangible Book Value Per Share	9.23	8.45	8.45	8.53	8.12	5.12
Buildings	1,140	1,136	1,062	999.57	650.89	294.02
Machinery	294.26	288.68	272.88	239.55	195.15	214.21
Construction In Progress	4.48	4.18	66.71	54.07	56.24	352.65