SHA:603829 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	345.37	336.32	539.45	203.55	134.18	165.32
Short-Term Investments	-	-	-	0.2	0.2	-
Trading Asset Securities	80	150	120	-	-	4
Cash & Short-Term Investments	425.37	486.32	659.45	203.75	134.38	169.32
Cash Growth	2.30%	-26.25%	223.67%	51.61%	-20.63%	-19.62%
Accounts Receivable	1,356	1,328	1,530	1,180	1,032	857.97
Other Receivables	7.12	20.14	16.51	3.13	7.64	1.83
Receivables	1,363	1,348	1,547	1,184	1,040	859.8
Inventory	506.95	380.81	351.13	332.53	314.12	270.53
Prepaid Expenses	-	-	-	-	0.29	-
Other Current Assets	98.44	31.68	20	17.88	16.56	26.72
Total Current Assets	2,394	2,247	2,577	1,738	1,505	1,326
Property, Plant & Equipment	619.68	598.29	539.06	469.3	378.19	382.4
Long-Term Investments	30.69	19.86	16.12	38.8	33.21	31.72
Goodwill	-	-	2.78	2.78	2.78	2.78
Other Intangible Assets	119.3	123.87	125.15	135.43	121.88	118.86
Long-Term Deferred Tax Assets	44.63	41.89	37.22	28.83	22.78	18.31
Long-Term Deferred Charges	7.62	8.06	13.69	8.24	5.78	4.3
Other Long-Term Assets	33.58	42.43	43.4	34.7	68.38	74.02
Total Assets	3,250	3,082	3,355	2,456	2,138	1,959

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	1,081	993.61	936.69	755.52	615.19	527.54
Accrued Expenses	23.03	59.71	83.21	58.59	53.07	36.34
Short-Term Debt	340.71	240.57	278.64	214.18	240.92	225.75
Current Portion of Long-Term Debt	-	40	45.27	66	-	-
Current Portion of Leases	1.23	0.75	5.22	8.89	6.46	6.5
Current Income Taxes Payable	4.45	13.96	10.18	4.5	8.14	6.97
Current Unearned Revenue	28.93	8.51	4.21	3.98	3.34	10.25
Other Current Liabilities	50.98	58.12	135.12	72.11	35.22	71.52
Total Current Liabilities	1,530	1,415	1,499	1,184	962.35	884.87
Long-Term Debt	-	0.1	398.56	25.41	84.11	65.08
Long-Term Leases	1.1	0.03	8.01	14.05	4.2	10.07
Long-Term Unearned Revenue	51.81	50.39	53.49	47.32	44.56	46.24
Long-Term Deferred Tax Liabilities	5.48	5.33	14.31	9.28	8.11	6.58
Total Liabilities	1,588	1,471	1,973	1,280	1,103	1,013

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	186.27	186.27	160	160	160	160
Additional Paid-In Capital	688.11	690.3	330.81	337.32	337.32	345.84
Retained Earnings	642.55	613.87	554.69	444.52	351.57	292.21
Comprehensive Income & Other	-	-	31.58	-	-	-
Total Common Equity	1,517	1,490	1,077	941.84	848.89	798.05
Minority Interest	144.29	120.01	304.79	234.08	185.88	147.87
Shareholders' Equity	1,661	1,610	1,382	1,176	1,035	945.92
Total Liabilities & Equity	3,250	3,082	3,355	2,456	2,138	1,959

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	343.04	281.45	735.69	328.53	335.7	307.4
Net Cash (Debt)	82.33	204.87	-76.24	-124.79	-201.31	-138.08
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.43	1.13	-0.42	-0.78	-1.26	-0.85
Filing Date Shares Outstanding	186.27	186.27	160	160	160	160
Total Common Shares Outstanding	186.27	186.27	160	160	160	160
Working Capital	864.09	831.9	1,079	553.9	542.75	441.5
Book Value Per Share	8.14	8.00	6.73	5.89	5.31	4.99
Tangible Book Value	1,398	1,367	949.16	803.63	724.24	676.42
Tangible Book Value Per Share	7.50	7.34	5.93	5.02	4.53	4.23
Buildings	459.36	452.93	327.67	313.18	274.29	274.14
Machinery	340.67	320.68	299.56	248.44	219.82	198.29
Construction In Progress	75.94	65.23	112.76	50.27	5.02	1.49