SHA:603955 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	78.07	130.83	276.51	361.7	473.65	592.55
Trading Asset Securities	5.54	13	6.72	6.66	18.86	131.4
Cash & Short-Term Investments	83.61	143.83	283.23	368.36	492.51	723.95
Cash Growth	-40.58%	-49.22%	-23.11%	-25.21%	-31.97%	7.72%
Accounts Receivable	510.68	560.89	561.7	796.9	941.63	989.86
Other Receivables	662.29	702.97	371.5	303.53	258.8	232.89
Receivables	1,173	1,264	933.2	1,100	1,200	1,223
Inventory	30.95	39.32	15.02	14.83	32.28	43.75
Prepaid Expenses	0.31	0.25	0.64	0.27	0.66	-
Other Current Assets	39.98	31.72	17.78	10.61	13.47	22.38
Total Current Assets	1,328	1,479	1,250	1,495	1,739	2,013
Property, Plant & Equipment	128.32	129.86	51.74	65.74	60.68	68.9
Long-Term Investments	252.26	245.01	231.07	227.02	222.78	209.29
Other Intangible Assets	41.8	44.48	-	0.01	0.27	2.02
Long-Term Accounts Receivable	727.71	703.22	971.67	1,122	1,262	1,303
Long-Term Deferred Tax Assets	34.87	20.67	-	-	15.86	11.58
Long-Term Deferred Charges	40.35	36.64	1.14	0.95	1.54	2.31
Other Long-Term Assets	33.11	32.27	32.78	41.34	60.09	68.49
Total Assets	2,586	2,691	2,538	2,952	3,362	3,679

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	131.68	181.32	190.26	302.16	427.77	608.8
Accrued Expenses	26.19	25.58	22.12	20.73	21.8	24.55
Short-Term Debt	258.36	160.87	-	119.05	229.26	273.35
Current Portion of Long-Term Debt	86.04	99.93	87.47	197.77	113.65	95.64
Current Portion of Leases	19.23	19.3	0.52	0.19	1.09	3.11
Current Income Taxes Payable	88.35	84.41	69.6	56.59	42.58	30.58
Current Unearned Revenue	4.53	3.22	0.84	1.71	1.29	4.14
Other Current Liabilities	90.07	139.74	89.54	129.74	126.66	151.14
Total Current Liabilities	704.46	714.36	460.35	827.95	964.09	1,191
Long-Term Debt	160.5	191	290.6	378.09	575.93	689.63
Long-Term Leases	40.56	46.8	0.72	-	0.19	1.94
Total Liabilities	905.52	952.16	751.68	1,206	1,540	1,883

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	135.72	135.72	135.72	135.72	135.72	135.72
Additional Paid-In Capital	843.34	843.35	835.18	835.18	835.18	835.95
Retained Earnings	428.15	468.5	597.9	568.76	652	641.25
Comprehensive Income & Other	-6	-6	-6	-6	-3.17	-3.12
Total Common Equity	1,401	1,442	1,563	1,534	1,620	1,610
Minority Interest	279.52	297.4	223.8	211.88	202.52	186.18
Shareholders' Equity	1,681	1,739	1,787	1,746	1,822	1,796
Total Liabilities & Equity	2,586	2,691	2,538	2,952	3,362	3,679

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	564.7	517.9	379.32	695.1	920.11	1,064
Net Cash (Debt)	-481.09	-374.07	-96.09	-326.74	-427.6	-339.72
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.54	-2.76	-0.71	-2.41	-3.15	-2.50
Filing Date Shares Outstanding	135.72	135.72	135.72	135.72	135.72	135.72
Total Common Shares Outstanding	135.72	135.72	135.72	135.72	135.72	135.72
Working Capital	623.37	764.63	789.51	666.55	775.27	821.51
Book Value Per Share	10.32	10.62	11.51	11.30	11.93	11.86
Tangible Book Value	1,359	1,397	1,563	1,534	1,619	1,608
Tangible Book Value Per Share	10.02	10.29	11.51	11.30	11.93	11.85
Buildings	65.09	57.1	55.34	69.38	58.58	50.31
Machinery	37	36.04	17.8	19.77	21.87	24.56
Construction In Progress	-	-	-	-	-	8.57
Order Backlog	-	322.24	-	-	-	-