SHA:605178 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	151.62	319.34	229.4	227.89	337.23	559.85
Trading Asset Securities	-	-	-	-	110.27	100.17
Cash & Short-Term Investments	151.62	319.34	229.4	227.89	447.5	660.02
Cash Growth	-48.57%	39.21%	0.66%	-49.07%	-32.20%	-31.88%
Accounts Receivable	716.16	697.78	1,020	1,261	1,380	1,548
Other Receivables	45.69	24.15	31.92	27.04	16.99	10.09
Receivables	761.85	721.94	1,052	1,288	1,397	1,558
Inventory	107.37	20.26	23.31	29.24	13.31	14.43
Prepaid Expenses	-	30.33	38.04	45.16	48.97	48.34
Other Current Assets	170.59	80.06	90	114.38	156.57	151.11
Total Current Assets	1,191	1,172	1,433	1,705	2,064	2,432
Property, Plant & Equipment	345.62	285.2	282.51	250.77	135.58	129.33
Long-Term Investments	30.49	27.06	20.53	20.97	11.22	2
Goodwill	-	-	12.98	29.43	-	-
Other Intangible Assets	21.15	22.18	15.66	13.42	0.96	0.93
Long-Term Accounts Receivable	-	29.29	17.23	24.46	31.8	26.89
Long-Term Deferred Tax Assets	91.49	83.43	72.27	67.91	47.25	32.34
Long-Term Deferred Charges	30.1	26.45	25.66	20.5	0.25	0.4
Other Long-Term Assets	34.74	6.9	4.21	12.05	31.82	2.84
Total Assets	1,745	1,652	1,884	2,144	2,323	2,627

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	187.03	121.15	115.77	111.44	173.64	268.91
Accrued Expenses	3.96	78.48	87.4	69.89	106.47	83.45
Short-Term Debt	96.14	82.25	79.26	95.31	77	80.47
Current Portion of Long-Term Debt	35.76	-	-	5.01	-	-
Current Portion of Leases	-	23.06	14.4	14.07	2.11	2.93
Current Income Taxes Payable	1.1	1.06	0.78	0.68	-	-
Current Unearned Revenue	16.81	13.89	15.49	20.73	3.54	2.25
Other Current Liabilities	99.38	108.03	129.45	131.53	147.72	146.23
Total Current Liabilities	440.17	427.92	442.56	448.66	510.48	584.22
Long-Term Debt	22.89	10	-	-	-	-
Long-Term Leases	57.29	51.32	42.67	40.08	4.12	6.8
Long-Term Unearned Revenue	5.14	-	-	-	-	-
Long-Term Deferred Tax Liabilities	28.67	23.41	13.8	11.62	0.85	-
Total Liabilities	554.16	512.66	499.03	500.35	515.46	591.02

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	99.08	99.08	99.25	99.25	99.25	99.25
Additional Paid-In Capital	1,086	1,231	1,210	1,204	1,225	1,226
Retained Earnings	-134.44	-234.03	10.37	272.36	479.64	688.66
Treasury Stock	-10.31	-10.31	-6.1	-6.1	-16.63	-
Comprehensive Income & Other	25.35	24.7	22.53	21.47	20.72	21.07
Total Common Equity	1,066	1,110	1,336	1,591	1,808	2,035
Minority Interest	124.92	29.43	49.3	52.58	-0.98	0.7
Shareholders' Equity	1,191	1,140	1,385	1,644	1,807	2,036
Total Liabilities & Equity	1,745	1,652	1,884	2,144	2,323	2,627

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	212.08	166.64	136.33	154.46	83.23	90.19
Net Cash (Debt)	-60.45	152.71	93.07	73.43	364.27	569.83
Net Cash Growth	-	64.08%	26.75%	-79.84%	-36.07%	-37.65%
Net Cash Per Share	-0.61	1.54	0.94	0.74	3.68	5.79
Filing Date Shares Outstanding	100.09	99.08	99.25	99.25	99.25	99.25
Total Common Shares Outstanding	100.09	99.08	99.25	99.25	99.25	99.25
Working Capital	751.26	744.01	990.33	1,256	1,553	1,848
Book Value Per Share	10.65	11.21	13.46	16.03	18.22	20.51
Tangible Book Value	1,045	1,088	1,307	1,549	1,807	2,034
Tangible Book Value Per Share	10.44	10.98	13.17	15.60	18.21	20.50
Buildings	-	162.25	166.09	160.7	127.1	108.72
Machinery	-	117.66	114.24	87.71	29.33	21.45
Construction In Progress	-	1.79	7.53	11.11	-	12.02
Order Backlog	-	291.44	-	-	-	-