SHA:605196 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	1,235	838.12	970.05	986.16	1,262	574.25
Trading Asset Securities	0.2	0.53	0.04	0.04	50.17	0.81
Cash & Short-Term Investments	1,236	838.64	970.1	986.2	1,312	575.05
Cash Growth	51.84%	-13.55%	-1.63%	-24.84%	128.18%	39.01%
Accounts Receivable	2,682	2,595	2,053	1,585	1,763	1,787
Other Receivables	90.15	91.57	68.97	95.05	62.89	45.74
Receivables	2,772	2,687	2,122	1,680	1,826	1,833
Inventory	2,910	2,085	1,535	1,193	1,110	961.56
Other Current Assets	379.95	250.73	159.36	148.44	159.2	98.19
Total Current Assets	7,297	5,861	4,786	4,008	4,407	3,468
Property, Plant & Equipment	3,054	3,624	1,860	1,245	765.53	709.38
Long-Term Investments	34.57	23.77	23.01	22.79	22.48	21.89
Goodwill	-	-	-	0.48	0.47	0.43
Other Intangible Assets	121.52	93.64	100.14	74.39	64.41	52.31
Long-Term Accounts Receivable	-	35.51	32.21	13.5	40.16	21.43
Long-Term Deferred Tax Assets	118.26	106.81	71.29	60.84	57.4	38.37
Long-Term Deferred Charges	22.88	24.36	25.83	-	-	-
Other Long-Term Assets	850.25	51.55	187.08	91.75	87.2	80.38
Total Assets	11,499	9,820	7,086	5,517	5,444	4,392

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	1,933	922.44	502.93	479.44	437.24	590.19
Accrued Expenses	46.25	270.4	162.53	152.59	147.08	92.98
Short-Term Debt	2,474	2,475	1,688	1,486	1,798	1,030
Current Portion of Long-Term Debt	709.26	779.8	288.21	41.98	169.74	11.67
Current Portion of Leases	-	243.33	181.09	28.88	13.95	1.33
Current Income Taxes Payable	17.04	16.95	11.44	9.92	14.18	14.82
Current Unearned Revenue	182.37	115.29	86.87	90.93	116.58	45.75
Other Current Liabilities	1,331	1,020	105.2	158.86	156.57	138.74
Total Current Liabilities	6,694	5,844	3,026	2,449	2,854	1,926
Long-Term Debt	938.58	486.13	639.5	154.64	56.07	212.11
Long-Term Leases	62	120.86	235.45	31.41	10.42	3.03
Long-Term Unearned Revenue	53	33.1	34.67	39.42	46.57	49.85
Long-Term Deferred Tax Liabilities	1.12	1.35	1.55	3	1.02	0.63
Other Long-Term Liabilities	327.91	-	-	-	-	2.82
Total Liabilities	8,077	6,485	3,937	2,677	2,968	2,194

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	510.97	511	511.48	511.52	511.44	506.82
Additional Paid-In Capital	1,007	1,004	988.17	984.08	975.05	959.58
Retained Earnings	2,028	1,864	1,611	1,328	989.83	745.14
Treasury Stock	-58.07	-58.37	-2.52	-11.22	-19.36	-
Comprehensive Income & Other	-64.2	16.69	40.25	25.7	13.51	-15.28
Total Common Equity	3,423	3,337	3,148	2,838	2,470	2,196
Minority Interest	-1.34	-1.85	0.75	1.79	6.03	1.43
Shareholders' Equity	3,422	3,335	3,149	2,840	2,477	2,198
Total Liabilities & Equity	11,499	9,820	7,086	5,517	5,444	4,392

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	4,184	4,106	3,032	1,743	2,049	1,258
Net Cash (Debt)	-2,949	-3,267	-2,062	-756.65	-736.46	-683.28
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.78	-6.40	-4.00	-1.48	-1.45	-1.42
Filing Date Shares Outstanding	524.97	511	511.48	511.52	511.44	506.82
Total Common Shares Outstanding	524.97	511	511.48	511.52	511.44	506.82
Working Capital	602.78	17.74	1,760	1,560	1,553	1,542
Book Value Per Share	6.52	6.53	6.16	5.55	4.83	4.33
Tangible Book Value	3,302	3,244	3,048	2,763	2,406	2,144
Tangible Book Value Per Share	6.29	6.35	5.96	5.40	4.70	4.23
Buildings	-	-	-	526.8	500.77	480.86
Machinery	-	1,169	933.92	838.13	708.16	635.45
Construction In Progress	-	1,854	980.17	432.44	90.21	54.59