SHA:603286 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	99.88	99.27	218.57	444.47	99.43	85.65
Short-Term Investments	177.31	185.8	80.09	-	-	-
Trading Asset Securities	-	15	50	-	-	13.67
Cash & Short-Term Investments	277.19	300.08	348.66	444.47	99.43	99.32
Cash Growth	8.08%	-13.94%	-21.55%	347.00%	0.12%	-4.19%
Accounts Receivable	345.68	345.22	361.87	272.74	241.43	209.02
Other Receivables	2.36	2.04	1.88	1.59	0.92	0.79
Receivables	348.04	347.26	363.76	274.34	242.35	209.81
Inventory	245.67	223.65	208.91	190.61	170.78	129.64
Other Current Assets	5.09	4.29	3.69	4.66	7.01	10.79
Total Current Assets	875.99	875.27	925.02	914.07	519.57	449.56
Property, Plant & Equipment	681.6	687.52	650.88	566.53	447.67	303.96
Long-Term Investments	51.85	44.5	21.73	19.7	17.4	14.53
Goodwill	50.24	50.24	50.24	50.24	50.24	50.24
Other Intangible Assets	61.23	65.57	73.71	81.47	89.3	75.69
Long-Term Deferred Tax Assets	33.24	32.62	32.72	27.88	22.65	11.04
Long-Term Deferred Charges	109.96	106.06	72.2	20.91	20.61	23.23
Other Long-Term Assets	12.07	10.74	9.08	3.72	4.45	15.06
Total Assets	1,876	1,873	1,836	1,685	1,172	943.32

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	353.85	361.68	317.97	217.59	207.88	119.72
Accrued Expenses	37.08	50.12	39.65	33.4	32.2	29.4
Short-Term Debt	414.46	458.73	380.46	443.27	294.56	124.37
Current Portion of Long-Term Debt	29.02	29.02	50.04	49.64	96.93	-
Current Portion of Leases	2.27	2.36	2.11	0.11	0.34	0.46
Current Income Taxes Payable	0.44	1.43	2.21	0.38	5.03	4.19
Current Unearned Revenue	11.59	11.81	3.06	6.3	4.2	1.75
Other Current Liabilities	58.68	65.97	89.2	45.13	40.26	48.24
Total Current Liabilities	907.39	981.12	884.69	795.83	681.4	328.13
Long-Term Debt	139.97	57.91	30.05	-	-	100.11
Long-Term Leases	3.11	4.44	6.61	-	0.21	3.24
Long-Term Unearned Revenue	20.86	16.93	19.64	9.32	6.57	7.58
Long-Term Deferred Tax Liabilities	1.47	1.72	2.21	2.71	3.22	3.76
Other Long-Term Liabilities	-	-	-	-	-	0.05
Total Liabilities	1,073	1,062	943.2	807.87	691.4	442.87

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	118.02	117.4	116.59	114.3	88.08	89.13
Additional Paid-In Capital	593.05	577.43	588.98	559.94	195.97	203.86
Retained Earnings	110.17	134.29	190.21	182.4	174.46	191.76
Treasury Stock	-17.73	-19.71	-22.77	-	-	-7.9
Comprehensive Income & Other	-0.12	1.01	0.11	0.65	0.26	-0.57
Total Common Equity	803.39	810.41	873.12	857.3	458.77	476.29
Minority Interest	-	-	19.24	19.35	21.72	24.15
Shareholders' Equity	803.39	810.41	892.37	876.65	480.48	500.44
Total Liabilities & Equity	1,876	1,873	1,836	1,685	1,172	943.32

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	588.83	552.46	469.26	493.03	392.05	228.18
Net Cash (Debt)	-311.64	-252.38	-120.59	-48.56	-292.61	-128.87
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.63	-2.17	-1.07	-0.49	-3.38	-1.43
Filing Date Shares Outstanding	129.78	115.41	114.3	114.3	88.08	88.08
Total Common Shares Outstanding	129.78	115.41	114.3	114.3	88.08	88.08
Working Capital	-31.39	-105.85	40.32	118.24	-161.83	121.43
Book Value Per Share	6.19	7.02	7.64	7.50	5.21	5.41
Tangible Book Value	691.92	694.59	749.17	725.59	319.22	350.36
Tangible Book Value Per Share	5.33	6.02	6.55	6.35	3.62	3.98
Buildings	583.88	583.43	542.89	216.49	213	213
Machinery	384.86	377.5	291.8	262.93	46.4	197.77
Construction In Progress	25.83	16.62	61.96	307.11	196.32	60.77