SHA:603890 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	1,081	1,153	885.47	750.69	463.19	679.72
Trading Asset Securities	60	113.87	295.92	252.49	-	50
Cash & Short-Term Investments	1,141	1,267	1,181	1,003	463.19	729.72
Cash Growth	-6.81%	7.25%	17.76%	116.58%	-36.52%	31.81%
Accounts Receivable	1,580	1,758	1,355	1,153	1,316	1,459
Other Receivables	65.66	35.65	35.94	30.65	20.13	39.25
Receivables	1,646	1,794	1,391	1,184	1,336	1,498
Inventory	1,191	1,006	991.24	983.56	804.77	767.84
Prepaid Expenses	6.93	2.76	-	1	-	-
Other Current Assets	34.42	17.95	27.26	59.36	69.94	27.79
Total Current Assets	4,019	4,088	3,591	3,231	2,674	3,023
Property, Plant & Equipment	2,075	1,730	1,890	2,285	2,208	1,726
Long-Term Investments	11.49	15.48	172.07	44.25	45.26	47.9
Goodwill	202.76	-	-	28.95	37.53	23.69
Other Intangible Assets	198.36	65.98	71.03	73.92	77.07	70.6
Long-Term Deferred Tax Assets	34.55	34.92	41.38	34.23	43.2	33.29
Long-Term Deferred Charges	136.74	116.71	85.17	38.51	31.59	17.75
Other Long-Term Assets	9.26	5.15	2.63	13.38	74.74	181.76
Total Assets	6,687	6,057	5,853	5,749	5,191	5,124

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	1,001	950.2	915.51	877.82	719.92	903.33
Accrued Expenses	484.16	483.38	361.65	290.7	236.66	260.52
Short-Term Debt	614.79	472.91	609.07	624.07	754.68	687.46
Current Portion of Long-Term Debt	47.4	45.2	1.2	79.98	57.07	25.53
Current Portion of Leases	5.11	6.23	16.26	50.23	33.97	11.58
Current Income Taxes Payable	4.96	10.6	7.44	16.2	20.35	20.62
Current Unearned Revenue	26.28	19.83	20.75	10.76	16.85	8.52
Other Current Liabilities	51.43	64.58	136.17	130.62	181.57	133.03
Total Current Liabilities	2,235	2,053	2,068	2,080	2,021	2,051
Long-Term Debt	999.74	566.37	766.3	663.5	225.77	227.78
Long-Term Leases	47.93	33.59	3.84	21.38	34.98	17.03
Long-Term Unearned Revenue	87.16	94.3	104.22	115.96	108.84	102.74
Long-Term Deferred Tax Liabilities	51.77	5	14.03	22.18	13.65	25.01
Total Liabilities	3,426	2,752	2,956	2,903	2,404	2,423

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	446.83	455.94	439.05	439.04	439.04	439.18
Additional Paid-In Capital	1,331	1,425	1,223	1,223	1,224	1,225
Retained Earnings	1,439	1,456	1,236	1,024	1,041	926.93
Treasury Stock	-	-92.99	-92.99	-92.99	-81.99	-14.53
Comprehensive Income & Other	53.87	68.63	95.12	98.58	27.4	24.77
Total Common Equity	3,270	3,312	2,899	2,692	2,648	2,601
Minority Interest	-8.85	-8.15	-2.52	154.43	138.05	100.04
Shareholders' Equity	3,262	3,304	2,897	2,846	2,787	2,701
Total Liabilities & Equity	6,687	6,057	5,853	5,749	5,191	5,124

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	1,715	1,124	1,397	1,439	1,106	969.38
Net Cash (Debt)	-574.44	142.74	-215.28	-435.97	-643.27	-239.67
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.26	0.32	-0.49	-0.98	-1.47	-0.59
Filing Date Shares Outstanding	446.83	446.81	429.91	429.91	430.93	421.51
Total Common Shares Outstanding	446.83	446.81	429.91	429.91	430.93	421.51
Working Capital	1,784	2,035	1,523	1,150	652.57	972.84
Book Value Per Share	7.32	7.41	6.74	6.26	6.15	6.17
Tangible Book Value	2,869	3,246	2,828	2,589	2,534	2,507
Tangible Book Value Per Share	6.42	7.27	6.58	6.02	5.88	5.95
Buildings	1,152	762.03	766.07	750.9	635.18	503.16
Machinery	2,041	1,943	1,899	2,181	1,901	1,221
Construction In Progress	16.28	19.84	25.27	64.35	162.18	344.17