SHA:603499 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	266.42	106.81	73.91	69.96	111.94	93.75
Short-Term Investments	80.12	-	-	-	-	-
Cash & Short-Term Investments	346.54	106.81	73.91	69.96	111.94	93.75
Cash Growth	207.75%	44.51%	5.65%	-37.51%	19.40%	-42.05%
Accounts Receivable	318.63	339.24	330.47	249.42	236.09	250.92
Other Receivables	18.41	15.79	16.16	23.86	33.3	17.31
Receivables	337.04	355.03	346.63	273.28	269.4	268.23
Inventory	119.06	99.11	105.56	95.91	92.05	101.83
Other Current Assets	12.1	12.38	24.87	29.77	25.57	25.12
Total Current Assets	814.74	573.34	550.97	468.91	498.95	488.94
Property, Plant & Equipment	557.66	564.72	527.26	478.96	455.4	437.01
Long-Term Investments	6.12	256.04	255.71	3.02	-	-
Goodwill	19.62	19.62	19.62	19.62	19.62	19.62
Other Intangible Assets	71.72	73.08	75.41	77.74	80.28	81.87
Long-Term Accounts Receivable	-	-	-	-	-	0.09
Long-Term Deferred Tax Assets	5.77	9.46	21.76	28.28	23.56	9.42
Long-Term Deferred Charges	58.56	60.02	64.69	55.23	55.1	31.79
Other Long-Term Assets	27.13	25.67	34.58	43.12	59.08	68.24
Total Assets	1,561	1,582	1,550	1,175	1,192	1,137

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	224.73	194.93	206.45	147	168.71	173.74
Accrued Expenses	40.93	51.57	50.58	40.43	46.16	27.12
Short-Term Debt	112.86	188.81	186.59	61.18	37.99	35
Current Portion of Long-Term Debt	17.98	32.82	106.1	11.81	14.29	11.02
Current Portion of Leases	13.15	10.87	11.19	6.95	6.93	9.79
Current Income Taxes Payable	3.31	3.27	0.5	-	0.04	0.01
Current Unearned Revenue	2.95	3.31	1.99	2.35	7.55	4.86
Other Current Liabilities	33.8	34.32	23.66	26.39	24.66	18.79
Total Current Liabilities	449.7	519.89	587.06	296.12	306.33	280.33
Long-Term Debt	24.88	29.45	23.15	193.29	213.35	190.35
Long-Term Leases	39.93	46.8	54.48	38.51	43.39	55.07
Long-Term Unearned Revenue	22.54	24.15	9.58	6.83	0.54	0.89
Long-Term Deferred Tax Liabilities	-	-	0	-	-	0.32
Total Liabilities	537.05	620.29	674.28	534.74	563.61	526.96

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	423.63	302.59	216.14	201.17	201.15	201.18
Additional Paid-In Capital	206.43	327.46	413.92	237.78	237.62	237.64
Retained Earnings	323.49	265.11	192.06	132.82	133.18	119.51
Treasury Stock	-	-	-	-	-	-0.42
Comprehensive Income & Other	-0.21	-0.07	0.02	28.55	28.56	28.55
Total Common Equity	953.34	895.1	822.14	600.31	600.51	586.46
Minority Interest	70.93	66.55	53.58	39.84	27.88	23.56
Shareholders' Equity	1,024	961.65	875.72	640.15	628.39	610.03
Total Liabilities & Equity	1,561	1,582	1,550	1,175	1,192	1,137

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	208.79	308.74	381.52	311.74	315.94	301.23
Net Cash (Debt)	137.74	-201.93	-307.61	-241.78	-204	-207.48
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.32	-0.47	-0.74	-0.64	-0.53	-0.52
Filing Date Shares Outstanding	423.63	423.63	423.63	394.29	394.26	394.31
Total Common Shares Outstanding	423.63	423.63	423.63	394.29	394.26	394.31
Working Capital	365.04	53.45	-36.09	172.79	192.62	208.6
Book Value Per Share	2.25	2.11	1.94	1.52	1.52	1.49
Tangible Book Value	861.99	802.4	727.1	502.95	500.61	484.97
Tangible Book Value Per Share	2.03	1.89	1.72	1.28	1.27	1.23
Buildings	208.85	208.73	196.4	191.69	184.76	179.66
Machinery	618.2	601.44	550.41	490.74	428.21	350.4
Construction In Progress	57.91	52.2	20.65	15.04	17.9	31.38