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	Sep '26 Sep 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	92.68	324.24	389.17	512.33	389.09	326.01
Short-Term Investments	-	-	53.77	-	-	-
Trading Asset Securities	894.04	821.83	641.91	513.52	406.55	549.12
Cash & Short-Term Investments	986.72	1,146	1,085	1,026	795.64	875.14
Cash Growth	10.27%	5.64%	5.75%	28.93%	-9.08%	-3.10%
Accounts Receivable	86.21	168.17	188.86	300.89	272.86	131.67
Other Receivables	12.71	70.2	60.77	59.46	61.74	45.75
Receivables	98.92	238.38	249.64	360.35	334.6	177.43
Inventory	131.31	125.37	165.98	245.52	100.2	75.96
Other Current Assets	51.36	1.13	5.72	2.05	6.3	45.26
Total Current Assets	1,268	1,511	1,506	1,634	1,237	1,174
Property, Plant & Equipment	763.66	840.06	938.65	926.99	1,074	1,104
Long-Term Investments	20.06	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	97.7	101.5	105.81	100.22	99.92	117.3
Long-Term Deferred Tax Assets	28.42	29.07	25.09	24.44	18.28	14.78
Long-Term Deferred Charges	2.64	3.23	3.53	3.63	1.04	1.38
Other Long-Term Assets	154.89	154.92	185.75	25.87	27.69	11.76
Total Assets	2,471	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	Sep '26 Sep 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	119.82	90.15	107.88	95.6	111.75	41.98
Accrued Expenses	7.85	47.05	75.56	81.13	64.89	56.52
Short-Term Debt	-	-	-	-	-	5.01
Current Portion of Long-Term Debt	13.5	13.54	23.35	41.93	-	-
Current Portion of Leases	-	1.29	1.56	0.37	1.08	0.64
Current Income Taxes Payable	4.09	22.33	18.75	20.76	15.74	18.67
Current Unearned Revenue	343.08	504.24	568.3	624.24	376.84	342.34
Other Current Liabilities	25.21	118.02	166.27	104.85	101.93	66.08
Total Current Liabilities	513.54	796.63	961.67	968.89	672.23	531.23
Long-Term Debt	83.97	95.25	111.58	136.37	219.9	253.71
Long-Term Leases	0.67	0.88	2.1	2.12	0.58	1.25
Long-Term Unearned Revenue	12.96	15.4	19.22	21.85	25.52	29.02
Long-Term Deferred Tax Liabilities	8.02	10.54	16	22.62	28.85	34.74
Total Liabilities	619.16	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	Sep '26 Sep 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	547.73	579.17	533.52	506.49	441.66	456.06
Comprehensive Income & Other	51.16	46.7	38.61	28.09	22.25	17.76
Total Common Equity	1,714	1,740	1,687	1,649	1,579	1,588
Minority Interest	138.61	135.09	120.96	120.4	135.84	138.24
Shareholders' Equity	1,852	1,876	1,808	1,770	1,714	1,727
Total Liabilities & Equity	2,471	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	Sep '26 Sep 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	98.14	110.96	138.59	180.79	221.56	260.61
Net Cash (Debt)	888.58	1,035	946.26	845.06	574.09	614.52
Net Cash Growth	14.69%	9.39%	11.98%	47.20%	-6.58%	22.69%
Net Cash Per Share	4.67	5.46	4.98	4.45	3.02	3.23
Filing Date Shares Outstanding	193.83	189.38	189.38	189.38	189.38	189.38
Total Common Shares Outstanding	193.83	189.38	189.38	189.38	189.38	189.38
Working Capital	754.77	714.32	544.51	664.88	564.51	642.56
Book Value Per Share	8.84	9.19	8.91	8.71	8.34	8.39
Tangible Book Value	1,480	1,503	1,445	1,413	1,343	1,336
Tangible Book Value Per Share	7.64	7.94	7.63	7.46	7.09	7.05
Buildings	-	299.05	292.47	265.41	256.85	241.23
Machinery	-	2,359	2,330	2,231	2,222	2,048
Construction In Progress	-	9.4	26.65	9.64	25.49	102.7