SHA:603687 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	811.36	1,001	1,093	1,558	845.32	942.62
Trading Asset Securities	5.91	7.06	33.25	0.6	0.6	-
Cash & Short-Term Investments	817.27	1,008	1,126	1,559	845.92	942.62
Cash Growth	-19.35%	-10.52%	-27.75%	84.29%	-10.26%	-16.88%
Accounts Receivable	691.12	640.8	650.15	596.32	590.83	517.38
Other Receivables	18.07	15.66	16.43	19.71	12.93	9.96
Receivables	709.19	656.46	666.58	616.03	603.76	527.33
Inventory	364.53	420.9	388.6	259.57	266.68	195.24
Prepaid Expenses	-	-	-	-	1.14	-
Other Current Assets	82.71	95.63	101.65	89.66	37.18	47.93
Total Current Assets	1,974	2,181	2,283	2,524	1,755	1,713
Property, Plant & Equipment	1,293	1,283	1,279	1,264	1,013	785.78
Long-Term Investments	539.22	319.02	130.99	32	32	174.24
Goodwill	397.53	397.53	397.53	258.34	258.34	4.04
Other Intangible Assets	263.4	245.1	278.03	260.28	274.6	197.15
Long-Term Deferred Tax Assets	9.85	10.63	11	13.14	10.04	7.31
Long-Term Deferred Charges	13.91	15.57	16.8	19.79	23.55	19.6
Other Long-Term Assets	81.92	50.12	67.1	15.14	76.74	0.72
Total Assets	4,572	4,502	4,463	4,387	3,443	2,902

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	460.03	487.36	375	468.15	378.78	265.06
Accrued Expenses	32.69	74.65	85.14	73.69	75.46	45.84
Short-Term Debt	60	-	-	59.81	14.9	-
Current Portion of Long-Term Debt	9.6	-	-	10.01	-	-
Current Portion of Leases	-	10.03	8.46	3.8	11.58	-
Current Income Taxes Payable	43.09	15.78	17.52	12.61	21.12	54.03
Current Unearned Revenue	183.37	229.75	218.95	2.73	4.57	2.52
Other Current Liabilities	128.85	24.9	49.96	37.88	35.79	4
Total Current Liabilities	917.62	842.47	755.02	668.68	542.2	371.46
Long-Term Debt	-	-	-	17	482.18	464.29
Long-Term Leases	11.7	21.34	28.51	24.33	28.43	34.83
Long-Term Unearned Revenue	107.37	105.84	109.35	115.91	95.89	97.91
Long-Term Deferred Tax Liabilities	26.22	29.14	30.02	33.65	33.37	14.5
Total Liabilities	1,063	998.79	922.9	859.57	1,182	982.99

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	550.03	550.03	550.03	550.03	419.47	414.41
Additional Paid-In Capital	1,743	1,743	1,792	1,801	736.59	693.45
Retained Earnings	1,052	1,011	965.35	885.66	807.38	712.11
Treasury Stock	-50.1	-50.1	-50.1	-	-	-
Comprehensive Income & Other	-6.03	-1.91	1.72	-0.12	78.23	85.79
Total Common Equity	3,289	3,251	3,259	3,237	2,042	1,906
Minority Interest	220.32	251.7	281.46	290.64	219.55	13.23
Shareholders' Equity	3,509	3,503	3,540	3,528	2,261	1,919
Total Liabilities & Equity	4,572	4,502	4,463	4,387	3,443	2,902

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	81.3	31.37	36.97	114.95	537.09	499.12
Net Cash (Debt)	735.96	976.44	1,089	1,444	308.83	443.5
Net Cash Growth	-25.28%	-10.36%	-24.56%	367.58%	-30.36%	-25.09%
Net Cash Per Share	1.34	1.77	1.95	3.26	0.73	1.09
Filing Date Shares Outstanding	523.59	545.19	545.19	550.03	419.47	419.1
Total Common Shares Outstanding	523.59	545.19	545.19	550.03	419.47	414.41
Working Capital	1,056	1,338	1,528	1,856	1,212	1,342
Book Value Per Share	6.28	5.96	5.98	5.89	4.87	4.60
Tangible Book Value	2,628	2,609	2,583	2,718	1,509	1,705
Tangible Book Value Per Share	5.02	4.78	4.74	4.94	3.60	4.11
Buildings	-	732.35	635.85	654.43	582.24	411.11
Machinery	-	1,304	1,271	1,183	1,094	679.24
Construction In Progress	-	205.95	253.6	217.77	43.34	5.74