SHA:603706 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	126.49	324.24	389.17	512.33	389.09	326.01
Short-Term Investments	-	-	53.77	-	-	-
Trading Asset Securities	803.67	821.83	641.91	513.52	406.55	549.12
Cash & Short-Term Investments	930.15	1,146	1,085	1,026	795.64	875.14
Cash Growth	15.76%	5.64%	5.75%	28.93%	-9.08%	-3.10%
Accounts Receivable	84.94	168.17	188.86	300.89	272.86	131.67
Other Receivables	51.58	70.2	60.77	59.46	61.74	45.75
Receivables	136.52	238.38	249.64	360.35	334.6	177.43
Inventory	129.26	125.37	165.98	245.52	100.2	75.96
Other Current Assets	1.29	1.13	5.72	2.05	6.3	45.26
Total Current Assets	1,197	1,511	1,506	1,634	1,237	1,174
Property, Plant & Equipment	786.35	840.06	938.65	926.99	1,074	1,104
Long-Term Investments	19.48	18.95	17.66	70.92	68.59	18.14
Goodwill	135.6	135.6	135.6	135.6	135.6	135.6
Other Intangible Assets	99.39	101.5	105.81	100.22	99.92	117.3
Long-Term Deferred Tax Assets	28.16	29.07	25.09	24.44	18.28	14.78
Long-Term Deferred Charges	2.83	3.23	3.53	3.63	1.04	1.38
Other Long-Term Assets	154.05	154.92	185.75	25.87	27.69	11.76
Total Assets	2,423	2,794	2,918	2,921	2,661	2,577

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	58.9	90.15	107.88	95.6	111.75	41.98
Accrued Expenses	11.98	47.05	75.56	81.13	64.89	56.52
Short-Term Debt	-	-	-	-	-	5.01
Current Portion of Long-Term Debt	12.89	13.54	23.35	41.93	-	-
Current Portion of Leases	0.78	1.29	1.56	0.37	1.08	0.64
Current Income Taxes Payable	3.21	22.33	18.75	20.76	15.74	18.67
Current Unearned Revenue	300.88	504.24	568.3	624.24	376.84	342.34
Other Current Liabilities	91.38	118.02	166.27	104.85	101.93	66.08
Total Current Liabilities	480.03	796.63	961.67	968.89	672.23	531.23
Long-Term Debt	84.93	95.25	111.58	136.37	219.9	253.71
Long-Term Leases	0.63	0.88	2.1	2.12	0.58	1.25
Long-Term Unearned Revenue	13.67	15.4	19.22	21.85	25.52	29.02
Long-Term Deferred Tax Liabilities	9.04	10.54	16	22.62	28.85	34.74
Total Liabilities	588.28	918.7	1,111	1,152	947.08	849.96

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	189.38	189.38	189.38	189.38	189.38	189.38
Additional Paid-In Capital	925.24	925.24	925.24	925.24	925.24	925.24
Retained Earnings	531.39	579.17	533.52	506.49	441.66	456.06
Comprehensive Income & Other	49.41	46.7	38.61	28.09	22.25	17.76
Total Common Equity	1,695	1,740	1,687	1,649	1,579	1,588
Minority Interest	139.39	135.09	120.96	120.4	135.84	138.24
Shareholders' Equity	1,835	1,876	1,808	1,770	1,714	1,727
Total Liabilities & Equity	2,423	2,794	2,918	2,921	2,661	2,577

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	99.23	110.96	138.59	180.79	221.56	260.61
Net Cash (Debt)	830.93	1,035	946.26	845.06	574.09	614.52
Net Cash Growth	22.09%	9.39%	11.98%	47.20%	-6.58%	22.69%
Net Cash Per Share	4.40	5.46	4.98	4.45	3.02	3.23
Filing Date Shares Outstanding	189.38	189.38	189.38	189.38	189.38	189.38
Total Common Shares Outstanding	189.38	189.38	189.38	189.38	189.38	189.38
Working Capital	717.2	714.32	544.51	664.88	564.51	642.56
Book Value Per Share	8.95	9.19	8.91	8.71	8.34	8.39
Tangible Book Value	1,460	1,503	1,445	1,413	1,343	1,336
Tangible Book Value Per Share	7.71	7.94	7.63	7.46	7.09	7.05
Buildings	299.05	299.05	292.47	265.41	256.85	241.23
Machinery	2,359	2,359	2,330	2,231	2,222	2,048
Construction In Progress	12.67	9.4	26.65	9.64	25.49	102.7