SHA:603700 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	223.31	428.36	348.44	402.85	428	541.65
Trading Asset Securities	-	-	-	-	-	210.22
Cash & Short-Term Investments	223.31	428.36	348.44	402.85	428	751.88
Cash Growth	-2.58%	22.93%	-13.51%	-5.88%	-43.08%	-17.37%
Accounts Receivable	990.55	878.55	817.53	798.73	773.57	684.54
Other Receivables	37.4	28.84	29.38	33.17	38.68	26.33
Receivables	1,028	907.39	846.9	831.89	812.25	710.86
Inventory	502.6	461.94	375.89	339.09	424.49	341.32
Prepaid Expenses	-	-	-	-	2.25	-
Other Current Assets	9.05	12.36	5.77	8.4	6.86	9.2
Total Current Assets	1,763	1,810	1,577	1,582	1,674	1,813
Property, Plant & Equipment	428.93	434.04	426.78	402.73	424.98	250.47
Long-Term Investments	114.79	113.07	103.04	102.18	104.29	41.17
Goodwill	-	-	-	-	-	0.46
Other Intangible Assets	39.01	40.37	42.22	45.05	44.67	45.48
Long-Term Accounts Receivable	66.47	63.25	57.19	63.91	45.58	37.03
Long-Term Deferred Tax Assets	47.18	42.02	28.43	20.02	12.86	12.2
Long-Term Deferred Charges	5.22	5.2	6.76	7.52	8.62	4.32
Other Long-Term Assets	0.46	0.33	37.02	52.02	35.57	16.6
Total Assets	2,465	2,508	2,278	2,276	2,350	2,221

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	560.38	709.03	560.71	508.74	589.99	484.84
Accrued Expenses	41.5	76.22	47.43	73.48	60.7	85.3
Short-Term Debt	171.58	-	-	5	86.07	2
Current Portion of Long-Term Debt	-	-	-	5	-	-
Current Portion of Leases	0.35	0.53	1.03	0.86	1.08	1.39
Current Income Taxes Payable	8.85	6.57	8.67	14.87	5.31	14.37
Current Unearned Revenue	40.34	44.39	30.51	32.31	46.07	18.87
Other Current Liabilities	7.51	8.48	10.3	12.75	15.5	7.94
Total Current Liabilities	830.51	845.21	658.64	653.01	804.71	614.71
Long-Term Leases	0.05	0.12	0.57	0.29	0.66	1.6
Long-Term Unearned Revenue	8.35	6.26	7	9.46	8.54	4.5
Long-Term Deferred Tax Liabilities	-	-	-	-	-	2.39
Other Long-Term Liabilities	27.39	26.01	7.35	3.78	3.97	1.45
Total Liabilities	866.3	877.6	673.56	666.53	817.89	624.65

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	199.96	199.96	203.24	203.24	203.24	203.24
Additional Paid-In Capital	443.17	443.17	468.2	498.41	497.52	494.12
Retained Earnings	944.82	976.59	923.19	930.15	857.69	892.89
Treasury Stock	-18.62	-18.62	-20.45	-50.1	-50.1	-16.72
Comprehensive Income & Other	30.54	30.78	31.79	28.32	24.91	22.77
Total Common Equity	1,600	1,632	1,606	1,610	1,533	1,596
Minority Interest	-1.2	-1.15	-1.06	-0.89	-0.72	0.04
Shareholders' Equity	1,599	1,631	1,605	1,609	1,533	1,596
Total Liabilities & Equity	2,465	2,508	2,278	2,276	2,350	2,221

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	171.99	0.65	1.6	11.15	87.81	4.99
Net Cash (Debt)	51.32	427.71	346.85	391.7	340.19	746.89
Net Cash Growth	-72.28%	23.31%	-11.45%	15.14%	-54.45%	-12.11%
Net Cash Per Share	0.26	2.15	1.72	1.97	1.70	3.68
Filing Date Shares Outstanding	198.16	198.16	199.89	197.96	200.32	202.37
Total Common Shares Outstanding	198.16	198.16	199.89	200.32	200.32	202.37
Working Capital	932.39	964.84	918.37	929.22	869.14	1,199
Book Value Per Share	8.07	8.24	8.03	8.04	7.65	7.89
Tangible Book Value	1,561	1,592	1,564	1,565	1,489	1,550
Tangible Book Value Per Share	7.88	8.03	7.82	7.81	7.43	7.66
Buildings	397.56	395.47	382.96	350.9	357.81	82.63
Machinery	243.57	237.07	217.11	195.47	185.9	117.17
Construction In Progress	0.91	1.03	0.07	4.31	3.77	157.29