SHA:603297 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	1,134	1,019	805.5	818.32	273.22	609.76
Short-Term Investments	-	-	-	-	-	30
Trading Asset Securities	226.14	273.1	258.79	180	667.08	240
Cash & Short-Term Investments	1,361	1,292	1,064	998.32	940.31	879.76
Cash Growth	28.67%	21.44%	6.61%	6.17%	6.88%	19.07%
Accounts Receivable	284.67	232.55	212.16	195.46	174.18	160.71
Other Receivables	10.07	8.58	4.88	6.12	11.58	7.28
Receivables	294.74	241.12	217.04	201.57	185.75	167.99
Inventory	225.13	215.22	189.78	199	187.85	175.33
Prepaid Expenses	-	-	-	-	1.34	-
Other Current Assets	20.97	6.85	40.02	11.82	17.96	8.65
Total Current Assets	1,901	1,756	1,511	1,411	1,333	1,232
Property, Plant & Equipment	650.36	643.7	624.99	512.56	423.43	362.99
Long-Term Investments	199	39.64	36.74	36.76	33.38	29.52
Goodwill	-	-	-	-	-	1.71
Other Intangible Assets	77.93	79.24	81.24	83.73	82.26	52.99
Long-Term Accounts Receivable	-	0.03	0.54	0.06	0.09	0.11
Long-Term Deferred Tax Assets	12.75	13.29	15.16	15.19	7.35	5.3
Long-Term Deferred Charges	0.08	0.09	0.11	0.47	1.2	-
Other Long-Term Assets	28.82	27.2	28.45	32.77	32.11	30.11
Total Assets	2,870	2,559	2,298	2,092	1,913	1,714

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	169.6	167.32	144.09	120.27	105.8	132.75
Accrued Expenses	15.04	33.25	25.53	38.67	28.81	27.81
Short-Term Debt	443.08	222.63	94.37	40.03	40.03	25.02
Current Portion of Leases	-	0.23	-	0.53	0.27	0.45
Current Income Taxes Payable	7.6	6.03	12.97	-	2.87	2.84
Current Unearned Revenue	29.48	9.55	8.84	10.47	16.28	9.08
Other Current Liabilities	18.43	20.35	29.99	40.46	16.52	22.66
Total Current Liabilities	683.25	459.36	315.77	250.42	210.57	220.63
Long-Term Leases	-	-	-	-	0.04	0.3
Long-Term Unearned Revenue	35.37	39.26	42.1	22	24.5	11.39
Long-Term Deferred Tax Liabilities	1.38	1.38	2.39	5.94	7.87	0.93
Other Long-Term Liabilities	0.87	0.93	1.08	1.37	2.15	3.58
Total Liabilities	816.91	500.93	361.34	279.74	245.13	236.84

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	110.94	110.94	111.15	111.17	110.48	110.5
Additional Paid-In Capital	586.72	586.72	599.88	592.86	555.84	553.16
Retained Earnings	1,340	1,343	1,218	1,115	985.85	806.3
Treasury Stock	-8.82	-8.82	-17.82	-30.63	-7.2	-13.65
Comprehensive Income & Other	25.05	25.72	26.09	23.58	21.89	19.82
Total Common Equity	2,053	2,058	1,937	1,812	1,667	1,476
Minority Interest	-0.07	-0.04	0.15	0.39	1.03	1.51
Shareholders' Equity	2,053	2,058	1,937	1,813	1,668	1,478
Total Liabilities & Equity	2,870	2,559	2,298	2,092	1,913	1,714

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	539.14	222.86	94.37	40.55	40.34	25.78
Net Cash (Debt)	821.39	1,070	969.92	957.76	899.97	853.99
Net Cash Growth	-13.51%	10.27%	1.27%	6.42%	5.38%	19.63%
Net Cash Per Share	7.42	9.63	8.70	8.71	8.16	7.77
Filing Date Shares Outstanding	112.3	110.94	111.15	111.17	110.48	110.5
Total Common Shares Outstanding	112.3	110.94	111.15	111.17	110.48	110.5
Working Capital	1,218	1,296	1,195	1,160	1,123	1,011
Book Value Per Share	18.29	18.55	17.43	16.30	15.09	13.36
Tangible Book Value	1,976	1,979	1,856	1,728	1,585	1,421
Tangible Book Value Per Share	17.59	17.84	16.69	15.55	14.34	12.86
Buildings	-	394.3	265.72	254.35	261.73	266.66
Machinery	-	452.05	403.49	376.2	356.19	264.85
Construction In Progress	-	92.72	216.42	109.19	19.52	28.12