SHA:603969 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	260.77	292.82	241.16	225.13	320.08	352.21
Short-Term Investments	-	-	-	-	159.92	147.47
Trading Asset Securities	33.13	29.91	14.94	18.75	18.75	16.75
Cash & Short-Term Investments	293.9	322.73	256.1	243.88	498.75	516.42
Cash Growth	-24.81%	26.02%	5.01%	-51.10%	-3.42%	77.77%
Accounts Receivable	2,580	2,561	2,302	1,742	1,555	1,452
Other Receivables	158.17	68.95	43.46	43.59	50.2	51.33
Receivables	2,738	2,629	2,346	1,786	1,606	1,503
Inventory	624.73	568.89	386.52	486.28	399	373.86
Other Current Assets	208.68	171.8	141.12	162.29	87.81	109.18
Total Current Assets	3,865	3,693	3,129	2,678	2,591	2,503
Property, Plant & Equipment	362.83	355	360.51	303.78	318.82	327.86
Long-Term Investments	391.99	383.35	244.21	196.56	149.56	126.88
Goodwill	-	-	-	0.77	0.77	-
Other Intangible Assets	86.51	87.59	89.87	92.14	89.13	91.41
Long-Term Deferred Tax Assets	55.47	49.61	41.14	42.1	36.81	30.37
Long-Term Deferred Charges	14.04	13.91	38.24	47.78	48.15	10.32
Other Long-Term Assets	6.57	8.84	9.22	5.13	10.32	6.47
Total Assets	4,783	4,591	3,913	3,367	3,245	3,096

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	589.5	468.18	534.11	566.95	867.34	613.99
Accrued Expenses	8.46	30.52	26.21	12.66	22.54	19.38
Short-Term Debt	372	510	480.03	262.08	109.7	347.6
Current Portion of Long-Term Debt	315.93	159.1	7.68	144.96	16.4	2.6
Current Portion of Leases	-	14.72	12.41	0.63	-	-
Current Income Taxes Payable	40.01	38.18	18.89	10.71	7.79	5.68
Current Unearned Revenue	95.46	226.87	9.64	15.41	26.6	6.5
Other Current Liabilities	137.5	64.9	38.74	58.8	7.26	5.26
Total Current Liabilities	1,559	1,512	1,128	1,072	1,058	1,001
Long-Term Debt	94.16	208.91	245.02	-	45	61.4
Long-Term Leases	43.26	45.76	54.12	1.17	-	-
Long-Term Unearned Revenue	16.73	16.96	17.42	17.88	18.73	19.97
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0
Total Liabilities	1,713	1,784	1,444	1,091	1,121	1,082

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	871.53	857.34	854.76	854.76	841	841
Additional Paid-In Capital	363.68	301.87	283.79	266.79	230.53	230.53
Retained Earnings	1,837	1,596	1,299	1,122	1,001	897.25
Treasury Stock	-101.67	-40.16	-48.03	-43.25	-15.07	-15.07
Comprehensive Income & Other	50.44	51.35	51.91	52.64	53.48	42.63
Total Common Equity	3,021	2,766	2,441	2,253	2,111	1,996
Minority Interest	49.01	40.98	27.26	22.84	12.27	17.13
Shareholders' Equity	3,070	2,807	2,468	2,275	2,123	2,013
Total Liabilities & Equity	4,783	4,591	3,913	3,367	3,245	3,096

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	825.35	938.5	799.25	408.84	171.1	411.6
Net Cash (Debt)	-531.45	-615.77	-543.15	-164.96	327.65	104.82
Net Cash Growth	-	-	-	-	212.59%	-
Net Cash Per Share	-0.62	-0.72	-0.64	-0.19	0.38	0.13
Filing Date Shares Outstanding	901.03	841.61	850.81	850.81	848	837.25
Total Common Shares Outstanding	901.03	841.61	850.81	837.25	837.25	837.25
Working Capital	2,306	2,180	2,002	1,606	1,533	1,502
Book Value Per Share	3.35	3.29	2.87	2.69	2.52	2.38
Tangible Book Value	2,934	2,679	2,351	2,160	2,021	1,905
Tangible Book Value Per Share	3.26	3.18	2.76	2.58	2.41	2.28
Buildings	-	294.8	289.23	280.52	274.05	274.13
Machinery	-	410.67	383.91	368.5	342.39	334.32
Construction In Progress	-	4.51	2.86	5.12	22.08	9.52