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	Sep '26 Sep 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	321.09	292.82	241.16	225.13	320.08	352.21
Short-Term Investments	-	-	-	-	159.92	147.47
Trading Asset Securities	5	29.91	14.94	18.75	18.75	16.75
Cash & Short-Term Investments	326.09	322.73	256.1	243.88	498.75	516.42
Cash Growth	-6.86%	26.02%	5.01%	-51.10%	-3.42%	77.77%
Accounts Receivable	2,890	2,561	2,302	1,742	1,555	1,452
Other Receivables	120.91	68.95	43.46	43.59	50.2	51.33
Receivables	3,011	2,629	2,346	1,786	1,606	1,503
Inventory	563.46	568.89	386.52	486.28	399	373.86
Other Current Assets	161.99	171.8	141.12	162.29	87.81	109.18
Total Current Assets	4,062	3,693	3,129	2,678	2,591	2,503
Property, Plant & Equipment	282.88	355	360.51	303.78	318.82	327.86
Long-Term Investments	433.89	383.35	244.21	196.56	149.56	126.88
Goodwill	-	-	-	0.77	0.77	-
Other Intangible Assets	89.38	87.59	89.87	92.14	89.13	91.41
Long-Term Deferred Tax Assets	64.89	49.61	41.14	42.1	36.81	30.37
Long-Term Deferred Charges	49.81	13.91	38.24	47.78	48.15	10.32
Other Long-Term Assets	34.25	8.84	9.22	5.13	10.32	6.47
Total Assets	5,018	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	Sep '26 Sep 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	703.2	468.18	534.11	566.95	867.34	613.99
Accrued Expenses	9.11	30.52	26.21	12.66	22.54	19.38
Short-Term Debt	422.07	510	480.03	262.08	109.7	347.6
Current Portion of Long-Term Debt	223.16	159.1	7.68	144.96	16.4	2.6
Current Portion of Leases	-	14.72	12.41	0.63	-	-
Current Income Taxes Payable	47.92	38.18	18.89	10.71	7.79	5.68
Current Unearned Revenue	61.77	226.87	9.64	15.41	26.6	6.5
Other Current Liabilities	179.08	64.9	38.74	58.8	7.26	5.26
Total Current Liabilities	1,646	1,512	1,128	1,072	1,058	1,001
Long-Term Debt	203	208.91	245.02	-	45	61.4
Long-Term Leases	2.07	45.76	54.12	1.17	-	-
Long-Term Unearned Revenue	16.61	16.96	17.42	17.88	18.73	19.97
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0
Total Liabilities	1,868	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	Sep '26 Sep 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	398.32	301.87	283.79	266.79	230.53	230.53
Retained Earnings	1,860	1,596	1,299	1,122	1,001	897.25
Treasury Stock	-94.86	-40.16	-48.03	-43.25	-15.07	-15.07
Comprehensive Income & Other	49.81	51.35	51.91	52.64	53.48	42.63
Total Common Equity	3,085	2,766	2,441	2,253	2,111	1,996
Minority Interest	64.4	40.98	27.26	22.84	12.27	17.13
Shareholders' Equity	3,150	2,807	2,468	2,275	2,123	2,013
Total Liabilities & Equity	5,018	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	Sep '26 Sep 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	850.29	938.5	799.25	408.84	171.1	411.6
Net Cash (Debt)	-524.2	-615.77	-543.15	-164.96	327.65	104.82
Net Cash Growth	-	-	-	-	212.59%	-
Net Cash Per Share	-0.61	-0.72	-0.64	-0.19	0.38	0.13
Filing Date Shares Outstanding	861.74	841.61	850.81	850.81	848	837.25
Total Common Shares Outstanding	861.74	841.61	850.81	837.25	837.25	837.25
Working Capital	2,416	2,180	2,002	1,606	1,533	1,502
Book Value Per Share	3.58	3.29	2.87	2.69	2.52	2.38
Tangible Book Value	2,996	2,679	2,351	2,160	2,021	1,905
Tangible Book Value Per Share	3.48	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