SHA:603559 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	226.18	309.61	739.16	55.01	35.46	147.74
Short-Term Investments	-	20	-	-	-	-
Cash & Short-Term Investments	226.18	329.61	739.16	55.01	35.46	147.74
Cash Growth	-54.16%	-55.41%	1243.74%	55.14%	-76.00%	-25.76%
Accounts Receivable	642.17	578.82	469.84	384.2	444.34	566.4
Other Receivables	63.86	39.41	29.71	21.56	25.43	81.02
Receivables	706.02	618.23	499.55	405.76	469.76	647.42
Inventory	230.33	306.06	367.89	489.88	565.05	418.95
Prepaid Expenses	-	1.73	0.01	3.74	-	-
Other Current Assets	46.68	25.1	9.31	32.26	28.41	32.85
Total Current Assets	1,209	1,281	1,616	986.65	1,099	1,247
Property, Plant & Equipment	35.96	23.28	21.98	33.51	43.52	61.4
Long-Term Investments	-	-	-	3.63	3.71	3.56
Goodwill	-	-	-	-	42.63	42.63
Other Intangible Assets	16.6	17.42	19.41	21.26	22.09	25.36
Long-Term Accounts Receivable	-	3.03	0.15	3.11	0.7	-
Long-Term Deferred Tax Assets	-	-	-	8.62	6.01	44.74
Long-Term Deferred Charges	0.05	0.19	0.47	0.75	1.86	3.78
Other Long-Term Assets	9.58	20.56	26.38	22.6	25.51	22.31
Total Assets	1,271	1,345	1,684	1,080	1,245	1,451

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	180.74	243.5	153.25	388.92	361.45	176.1
Accrued Expenses	3.92	17.67	49.52	48.51	20.85	160.65
Short-Term Debt	-	-	-	100.33	156.41	232.52
Current Portion of Long-Term Debt	0.68	-	-	-	6.01	41.09
Current Portion of Leases	-	0.47	0.86	0.88	2.14	4.86
Current Income Taxes Payable	3.75	0.1	0.03	0.03	0.02	0.01
Current Unearned Revenue	143.24	167.73	185.82	272.79	267.74	261.68
Other Current Liabilities	157.24	145.62	279.86	128.62	51.44	37.91
Total Current Liabilities	489.56	575.1	669.34	940.06	866.06	914.82
Long-Term Debt	-	-	-	-	-	12
Long-Term Leases	0.71	0.71	0.13	0.61	0.25	4
Long-Term Deferred Tax Liabilities	-	-	-	2.47	2.81	2.45
Other Long-Term Liabilities	3.06	1.5	6.54	77.93	13.47	2.89
Total Liabilities	493.33	577.31	676.01	1,021	882.59	936.16

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	401.28	401.28	401.28	143.31	143.31	143.31
Additional Paid-In Capital	1,373	1,373	1,451	451.71	451.71	451.71
Retained Earnings	-1,008	-1,018	-854.05	-553.21	-249.55	-97.61
Treasury Stock	-	-	-0.47	-	-	-
Comprehensive Income & Other	19.67	18.98	18.1	24.63	23.89	23.44
Total Common Equity	786.1	775.83	1,016	66.45	369.36	520.86
Minority Interest	-8.02	-7.92	-7.53	-7.4	-7.24	-6.26
Shareholders' Equity	778.07	767.91	1,008	59.05	362.13	514.6
Total Liabilities & Equity	1,271	1,345	1,684	1,080	1,245	1,451

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	1.38	1.18	0.99	101.82	164.81	294.47
Net Cash (Debt)	224.79	328.43	738.16	-46.81	-129.35	-146.73
Net Cash Growth	-54.37%	-55.51%	-	-	-	-
Net Cash Per Share	0.51	0.82	1.84	-0.33	-0.90	-1.03
Filing Date Shares Outstanding	621.6	401.28	401.28	143.31	143.31	143.31
Total Common Shares Outstanding	621.6	401.28	401.28	143.31	143.31	143.31
Working Capital	719.65	705.63	946.57	46.59	232.61	332.15
Book Value Per Share	1.26	1.93	2.53	0.46	2.58	3.63
Tangible Book Value	769.5	758.4	996.41	45.19	304.64	452.87
Tangible Book Value Per Share	1.24	1.89	2.48	0.32	2.13	3.16
Buildings	-	42.06	41.05	52.49	57.45	60.31
Machinery	-	26.38	25.32	24.59	31.41	42.54