SHA:605122 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	257.11	257.13	257.52	427.28	512.22	650.27
Trading Asset Securities	0.05	0.04	-	-	-	100
Cash & Short-Term Investments	257.16	257.17	257.52	427.28	512.22	750.27
Cash Growth	-25.41%	-0.14%	-39.73%	-16.58%	-31.73%	502.98%
Accounts Receivable	1,730	1,964	2,412	2,602	2,360	1,873
Other Receivables	5.98	6.61	7.65	16.76	18.48	14.88
Receivables	1,736	1,971	2,420	2,619	2,379	1,888
Inventory	26.24	25.38	30.61	41.29	32.89	20.98
Prepaid Expenses	0.08	0.08	0.15	0.44	0.62	0.68
Other Current Assets	8.96	17.26	12.44	37.86	36.84	6.66
Total Current Assets	2,029	2,270	2,721	3,125	2,961	2,666
Property, Plant & Equipment	311.74	336.69	559.08	651.76	704.32	429.62
Long-Term Investments	6.21	6.21	10.3	10.89	10.89	11.34
Goodwill	2.3	2.3	100.57	227.58	237.65	18.46
Other Intangible Assets	271.68	275.12	292.88	323.12	284.35	321.39
Long-Term Deferred Tax Assets	47.55	48.04	120	108.64	97.78	38.23
Long-Term Deferred Charges	4.5	4.63	7.24	10.02	13.76	12.12
Other Long-Term Assets	265.61	209.22	147.74	46.16	42.7	29.31
Total Assets	2,938	3,153	3,959	4,504	4,353	3,527

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	732.67	892.02	1,008	1,184	1,007	531.64
Accrued Expenses	13.4	16.64	21.5	32.79	35.51	30.44
Short-Term Debt	25.91	267.46	421.67	443.71	426.12	198.76
Current Portion of Long-Term Debt	54.79	70.87	104.6	130.68	45.47	21.63
Current Portion of Leases	3.35	3.33	28.37	21.37	29.25	13.61
Current Income Taxes Payable	-	-	4.65	10.24	11.35	30.03
Current Unearned Revenue	3.45	3.6	7.87	4.23	5.68	4.81
Other Current Liabilities	14.79	14.09	19.39	46.24	64.1	37.91
Total Current Liabilities	848.37	1,268	1,616	1,873	1,625	868.84
Long-Term Debt	288.51	85	104.93	189.28	260.58	85.63
Long-Term Leases	9.22	9.25	110.15	127.2	144.75	143.11
Long-Term Unearned Revenue	44.05	46.64	51.82	57	62.19	67.37
Long-Term Deferred Tax Liabilities	6.62	7.04	25.09	31.4	40.56	18.46
Other Long-Term Liabilities	5.05	4.97	5.61	3.61	10.5	18.55
Total Liabilities	1,202	1,421	1,914	2,282	2,143	1,202

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	172.35	172.35	172.35	172.35	172.35	172.35
Additional Paid-In Capital	1,337	1,337	1,337	1,337	1,337	1,337
Retained Earnings	216.37	209.05	516.91	684.99	672.03	783.31
Comprehensive Income & Other	11.86	14.21	19.23	20.36	21.17	19.67
Total Common Equity	1,738	1,733	2,046	2,215	2,203	2,313
Minority Interest	-1.54	-1.17	-1.1	6.97	6.69	12.25
Shareholders' Equity	1,736	1,732	2,045	2,222	2,210	2,325
Total Liabilities & Equity	2,938	3,153	3,959	4,504	4,353	3,527

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	381.79	435.9	769.72	912.24	906.17	462.74
Net Cash (Debt)	-124.63	-178.73	-512.2	-484.96	-393.95	287.53
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.71	-1.04	-2.96	-2.99	-2.30	1.74
Filing Date Shares Outstanding	172.35	172.35	172.35	172.35	172.35	172.35
Total Common Shares Outstanding	172.35	172.35	172.35	172.35	172.35	172.35
Working Capital	1,180	1,002	1,105	1,252	1,337	1,798
Book Value Per Share	10.08	10.05	11.87	12.85	12.78	13.42
Tangible Book Value	1,464	1,456	1,652	1,664	1,681	1,973
Tangible Book Value Per Share	8.49	8.45	9.59	9.66	9.75	11.45
Buildings	379.4	379.4	409.34	388.42	222.16	133.47
Machinery	350.68	351	368.51	368.24	383.18	320.26
Construction In Progress	-	-	-	18.05	188.85	3.05