SHA:603311 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	537.64	419.03	321.1	481.38	628.1	272.72
Short-Term Investments	-	240.54	138.43	-	-	29.97
Trading Asset Securities	52.13	160.18	230.75	159.29	60.41	53.98
Cash & Short-Term Investments	589.77	819.76	690.28	640.68	688.51	356.66
Cash Growth	-28.08%	18.76%	7.74%	-6.95%	93.05%	-9.37%
Accounts Receivable	302.39	266.12	252.54	225.87	232.06	248.28
Other Receivables	10.25	5.37	21.57	8.21	6.43	3.79
Receivables	312.64	271.49	274.11	234.09	238.49	252.07
Inventory	151.59	154.9	167.06	142.74	172.24	183.16
Prepaid Expenses	-	1.84	1.29	2.32	0.6	0.44
Other Current Assets	279.76	48.16	25.97	4.52	7.12	13.13
Total Current Assets	1,334	1,296	1,159	1,024	1,107	805.46
Property, Plant & Equipment	273.72	299.21	305.37	331.41	364.53	348.55
Long-Term Investments	40.59	41.03	47.89	47.98	48.17	48.34
Other Intangible Assets	79.03	82.43	119.54	158.75	62.23	61.34
Long-Term Deferred Tax Assets	10.35	10.41	11.87	7.03	4.13	3.42
Long-Term Deferred Charges	14.95	15.48	19.72	17.78	20.67	16.89
Other Long-Term Assets	18.51	17.07	20.85	21.32	19.2	1.79
Total Assets	1,771	1,762	1,684	1,609	1,626	1,286

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	205.34	165.53	158.7	139.91	156.05	154.79
Accrued Expenses	12.87	38.88	38.85	28.17	33.04	29.97
Short-Term Debt	110.05	110.07	130.02	140.13	160.16	202.66
Current Portion of Long-Term Debt	0.87	0.04	0.47	1.22	1.27	-
Current Portion of Leases	-	1.11	0.81	2.02	0.9	1.57
Current Income Taxes Payable	13.33	4.92	0.65	7.41	9.12	8.58
Current Unearned Revenue	2.88	27.96	4.74	0.46	0.42	0.41
Other Current Liabilities	67.32	31.95	32.09	23.29	26.54	20.28
Total Current Liabilities	412.66	380.46	366.32	342.61	387.5	418.25
Long-Term Debt	35.95	36.36	-	0.51	1.81	-
Long-Term Leases	0.08	-	-	1.13	0.62	0.7
Long-Term Unearned Revenue	6.78	7.68	9.41	10.06	11.44	11.91
Long-Term Deferred Tax Liabilities	0.49	0.65	0.62	1.05	0.76	-
Total Liabilities	455.96	425.14	376.35	355.37	402.14	430.87

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	235.88	235.88	235.88	235.88	235.88	210
Additional Paid-In Capital	488.72	488.72	488.72	488.72	488.72	208.1
Retained Earnings	646.75	630.08	579.9	533.73	512.84	462.42
Treasury Stock	-40	-40	-	-	-	-
Comprehensive Income & Other	-16.4	21.97	3.1	-5.09	-13.7	-25.58
Total Common Equity	1,315	1,337	1,308	1,253	1,224	854.93
Shareholders' Equity	1,315	1,337	1,308	1,253	1,224	854.93
Total Liabilities & Equity	1,771	1,762	1,684	1,609	1,626	1,286

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	146.95	147.58	131.3	145.01	164.76	204.93
Net Cash (Debt)	442.82	672.18	558.98	495.67	523.75	151.73
Net Cash Growth	-34.14%	20.25%	12.77%	-5.36%	245.18%	-33.50%
Net Cash Per Share	1.87	2.83	2.41	2.12	2.49	0.72
Filing Date Shares Outstanding	233.32	232.53	235.88	235.88	235.88	210
Total Common Shares Outstanding	233.32	232.53	235.88	235.88	235.88	210
Working Capital	921.11	915.7	792.39	681.73	719.45	387.21
Book Value Per Share	5.64	5.75	5.54	5.31	5.19	4.07
Tangible Book Value	1,236	1,254	1,188	1,094	1,162	793.59
Tangible Book Value Per Share	5.30	5.39	5.04	4.64	4.92	3.78
Buildings	-	-	-	265.12	261.79	265.73
Machinery	-	326.53	303.78	296.39	266.98	247.55
Construction In Progress	-	5.58	3.02	8.17	43.71	17.31