SHA:603887 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	1,716	1,923	666	1,074	941.79	1,126
Trading Asset Securities	67.76	1.04	1.65	-	-	237.14
Cash & Short-Term Investments	1,784	1,924	667.65	1,074	941.79	1,363
Cash Growth	70.35%	188.12%	-37.82%	14.02%	-30.89%	-39.22%
Accounts Receivable	1,943	2,003	1,735	2,447	3,029	3,224
Other Receivables	50.22	127.29	53.2	96.94	84.83	95.85
Receivables	1,994	2,130	1,788	2,544	3,114	3,320
Inventory	2,750	2,169	802.55	431.12	639.96	456.32
Prepaid Expenses	-	-	-	-	-	57.93
Other Current Assets	948.22	546.6	578.55	332.95	373.89	192.42
Total Current Assets	7,475	6,770	3,837	4,382	5,070	5,389
Property, Plant & Equipment	4,022	4,404	2,869	2,102	2,214	1,149
Long-Term Investments	6.23	6.35	11.93	12.35	24.83	34.15
Goodwill	348.38	348.38	348.38	348.38	833.41	833.41
Other Intangible Assets	89.96	85.66	96.44	99.55	106.89	117.05
Long-Term Deferred Tax Assets	259.94	278.3	208.73	167.41	111.94	86.01
Long-Term Deferred Charges	242.37	17.72	18.34	19.4	15.11	19.15
Other Long-Term Assets	230.77	161.26	597.82	188.15	89.13	82.93
Total Assets	12,675	12,072	7,988	7,319	8,465	7,711

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	2,675	2,987	1,401	1,207	1,521	1,289
Accrued Expenses	26.42	95.71	64.45	47.35	88.2	46.75
Short-Term Debt	839.09	818.92	741.43	874.07	1,215	1,405
Current Portion of Long-Term Debt	326.78	219.59	87.61	-	-	-
Current Portion of Leases	-	174.17	127.99	18.59	10.59	10.68
Current Income Taxes Payable	40.09	42.04	10.41	1.81	4.82	3.14
Current Unearned Revenue	2,007	1,059	433.17	199.68	332.44	87.26
Other Current Liabilities	292.14	208.68	143.83	167.66	81.32	146.27
Total Current Liabilities	6,207	5,604	3,010	2,517	3,253	2,988
Long-Term Debt	1,909	1,875	710.87	1,327	1,113	1,253
Long-Term Leases	647	1,070	684.51	691.26	658.43	30.14
Long-Term Unearned Revenue	7.82	8.48	9.94	11.44	12.93	14.42
Long-Term Deferred Tax Liabilities	5.5	6.1	21.05	12.74	10.99	11.78
Other Long-Term Liabilities	380.21	11.9	-	-	-	-
Total Liabilities	9,156	8,576	4,436	4,559	5,049	4,298

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	602.03	602.03	608.94	450.76	450.75	450.72
Additional Paid-In Capital	3,590	3,589	3,600	2,240	2,240	2,239
Retained Earnings	-673.13	-666.67	-599.61	-254.76	401.51	399.46
Treasury Stock	-	-28.28	-57.26	-	-	-
Comprehensive Income & Other	-0	-	-	323.85	323.87	324.11
Total Common Equity	3,519	3,496	3,552	2,760	3,416	3,414
Shareholders' Equity	3,519	3,496	3,552	2,760	3,416	3,414
Total Liabilities & Equity	12,675	12,072	7,988	7,319	8,465	7,711

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	3,722	4,158	2,352	2,911	2,997	2,699
Net Cash (Debt)	-1,938	-2,234	-1,685	-1,837	-2,055	-1,336
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.16	-3.71	-3.41	-4.08	-4.48	-3.24
Filing Date Shares Outstanding	619.97	602.03	608.94	450.76	450.75	450.72
Total Common Shares Outstanding	619.97	602.03	608.94	450.76	450.75	450.72
Working Capital	1,268	1,166	827.37	1,865	1,816	2,401
Book Value Per Share	5.68	5.81	5.83	6.12	7.58	7.57
Tangible Book Value	3,081	3,062	3,107	2,312	2,476	2,463
Tangible Book Value Per Share	4.97	5.09	5.10	5.13	5.49	5.47
Buildings	-	520.68	585.04	615.3	381.85	238.5
Machinery	-	2,833	971.22	955.85	891.17	750.35
Construction In Progress	-	1,230	1,444	701.98	985.92	534.01