SHA:603983 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	1,422	1,250	2,032	1,077	1,073	806.1
Short-Term Investments	54.51	154.42	44.08	279.64	333.41	115.15
Trading Asset Securities	390.14	388.66	395.7	767.98	437.78	738.09
Cash & Short-Term Investments	1,866	1,793	2,472	2,124	1,844	1,659
Cash Growth	-6.66%	-27.45%	16.36%	15.19%	11.14%	-33.37%
Accounts Receivable	28.64	38.4	46.43	31.5	73.93	62.85
Other Receivables	29.27	22.12	11.57	14.64	7.43	7.42
Receivables	57.9	60.52	58	46.14	81.36	70.26
Inventory	196.59	233.35	219.66	171.73	151.7	138.43
Prepaid Expenses	16.55	9.18	12.52	-	-	4.9
Other Current Assets	136.38	139.34	192.31	187.75	159.99	102.88
Total Current Assets	2,274	2,236	2,954	2,530	2,237	1,976
Property, Plant & Equipment	949.09	931.77	1,082	769.91	520.59	384.14
Long-Term Investments	200.77	261.03	217.85	63.61	73.87	75.12
Other Intangible Assets	387.85	394.15	699.16	719.58	748.63	764.56
Long-Term Deferred Tax Assets	132.3	110.83	91.85	59.1	42.16	21.67
Long-Term Deferred Charges	23.91	21.23	1.74	3.17	2.58	9.98
Other Long-Term Assets	665.57	658.56	15.76	308.41	469.07	530.38
Total Assets	4,633	4,613	5,063	4,454	4,094	3,762

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	138.14	188.12	253.14	178.15	152.94	154.46
Accrued Expenses	173.76	209.28	167.8	156.78	156.8	104.95
Short-Term Debt	407	395	790.1	100.07	100	-
Current Portion of Long-Term Debt	-	-	-	148.1	2.1	-
Current Portion of Leases	0.83	0.83	2.36	4.05	8.65	4.79
Current Income Taxes Payable	22.45	20.69	32.67	15.45	27.98	24.76
Current Unearned Revenue	169.33	184.82	195.12	240.4	94.53	144.57
Other Current Liabilities	258.74	200.08	155.34	167.19	125.47	143.02
Total Current Liabilities	1,170	1,199	1,597	1,010	668.47	576.55
Long-Term Debt	-	-	-	-	148	-
Long-Term Leases	1.58	1.98	1.5	3.25	11.68	14.68
Long-Term Unearned Revenue	4.05	4.24	5.39	6.16	5.56	9.51
Long-Term Deferred Tax Liabilities	19.59	14.25	12.26	15.23	7.85	2.45
Other Long-Term Liabilities	-	-	0.36	0.36	-	-
Total Liabilities	1,195	1,219	1,616	1,035	841.56	603.19

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	401	401	401	401	401.44	401.82
Additional Paid-In Capital	761	765.28	761	760.45	774.49	780.12
Retained Earnings	2,222	2,167	2,220	2,187	2,028	1,930
Treasury Stock	-	-	-	-	-14.47	-26.66
Comprehensive Income & Other	-2	-1.73	-1.71	-1.58	-1.49	-1.28
Total Common Equity	3,382	3,331	3,380	3,347	3,188	3,084
Minority Interest	55.82	63.02	66.1	71.42	64.51	74.36
Shareholders' Equity	3,438	3,394	3,447	3,419	3,253	3,158
Total Liabilities & Equity	4,633	4,613	5,063	4,454	4,094	3,762

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	409.42	397.81	793.97	255.48	270.44	19.47
Net Cash (Debt)	1,457	1,396	1,678	1,869	1,574	1,640
Net Cash Growth	0.45%	-16.82%	-10.22%	18.75%	-4.03%	-31.21%
Net Cash Per Share	3.69	3.50	4.17	4.68	3.89	4.10
Filing Date Shares Outstanding	401	401	401	401	401.44	401.82
Total Common Shares Outstanding	401	401	401	401	401.44	401.82
Working Capital	1,103	1,037	1,358	1,520	1,569	1,399
Book Value Per Share	8.43	8.31	8.43	8.35	7.94	7.68
Tangible Book Value	2,994	2,937	2,681	2,628	2,439	2,320
Tangible Book Value Per Share	7.47	7.32	6.69	6.55	6.08	5.77
Buildings	919.49	911.4	507.12	476.51	274.43	274.43
Machinery	118.34	108.26	93.04	85.39	73.52	63.46
Construction In Progress	37.03	22.89	603.06	309.48	253.24	118.62