SHA:605388 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	149.48	309.88	244.84	499.06	679.57	1,077
Trading Asset Securities	-	30.15	154.85	84.03	40.38	465.67
Cash & Short-Term Investments	149.48	340.03	399.69	583.09	719.95	1,543
Cash Growth	-28.31%	-14.93%	-31.45%	-19.01%	-53.34%	-16.68%
Accounts Receivable	166.74	104.16	90.31	136.95	146.35	7.45
Other Receivables	37.7	38.38	123.82	108.31	123.12	1.49
Receivables	204.44	142.53	214.13	245.26	269.46	8.94
Inventory	200.52	201.56	279.59	206.54	172.44	77.32
Prepaid Expenses	0.66	0.18	0.32	-	0	0.65
Other Current Assets	111.09	117.61	187.14	139.57	114	38.18
Total Current Assets	666.18	801.91	1,081	1,174	1,276	1,668
Property, Plant & Equipment	770.5	778.9	827.27	814.01	641.2	470.5
Long-Term Investments	22.21	19.61	21.5	21.5	20	-
Goodwill	126.36	126.36	142.5	178.93	54.16	9.32
Other Intangible Assets	120.79	125.09	148.39	171.39	80.52	84.67
Long-Term Deferred Tax Assets	57.91	58.07	34.77	31.92	31.06	11.22
Long-Term Deferred Charges	2.42	2.53	3.85	4.88	3.09	3.35
Other Long-Term Assets	61.47	47.73	54.36	105.59	287.59	49.3
Total Assets	1,828	1,960	2,313	2,503	2,393	2,296

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	176.28	164.35	225.02	193.18	207.93	115.99
Accrued Expenses	26.98	40.19	36.43	28.51	32.64	27.75
Short-Term Debt	22.4	34.51	17.18	15.25	10	1.21
Current Portion of Leases	4.84	5.67	6.22	4.57	4.36	-
Current Income Taxes Payable	1.75	0.39	2.56	2.14	7	8.4
Current Unearned Revenue	49.14	164.83	160.45	219.12	139.05	141.44
Other Current Liabilities	21.72	35.8	44.24	46.43	32.95	37.14
Total Current Liabilities	303.12	445.74	492.09	509.2	433.93	331.94
Long-Term Leases	0.47	2.02	7.7	3.57	8.14	-
Long-Term Unearned Revenue	26.34	23.36	9.23	19.9	11.14	11.61
Long-Term Deferred Tax Liabilities	17.97	19.09	23.48	23.03	10.2	6.11
Other Long-Term Liabilities	4.7	2.85	16.22	14.16	4.22	-
Total Liabilities	352.6	493.06	548.72	569.85	467.64	349.66

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	600.48	600.48	600.48	430	430	430
Additional Paid-In Capital	697.36	697.36	697.37	867.86	867.1	867.1
Retained Earnings	334.47	329.97	567.04	638.78	624.2	642.06
Treasury Stock	-100	-100	-91.98	-	-	-
Total Common Equity	1,532	1,528	1,773	1,937	1,921	1,939
Minority Interest	-57.07	-60.68	-8.13	-3.81	4.53	7.67
Shareholders' Equity	1,475	1,467	1,765	1,933	1,926	1,947
Total Liabilities & Equity	1,828	1,960	2,313	2,503	2,393	2,296

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	27.71	42.21	31.09	23.39	22.51	1.21
Net Cash (Debt)	121.77	297.82	368.59	559.7	697.44	1,542
Net Cash Growth	-29.36%	-19.20%	-34.14%	-19.75%	-54.77%	-16.74%
Net Cash Per Share	0.27	0.50	0.63	0.97	1.17	2.55
Filing Date Shares Outstanding	585.82	585.82	585.82	597.37	602	602
Total Common Shares Outstanding	585.82	585.82	587.19	602	602	602
Working Capital	363.06	356.16	588.78	665.27	841.92	1,336
Book Value Per Share	2.62	2.61	3.02	3.22	3.19	3.22
Tangible Book Value	1,285	1,276	1,482	1,586	1,787	1,845
Tangible Book Value Per Share	2.19	2.18	2.52	2.64	2.97	3.07
Buildings	558.39	571.5	561.86	535.17	110.93	318.31
Machinery	497.46	466.61	427.34	330.33	196.9	180.57
Construction In Progress	23.35	19.53	48.75	172.66	437.28	72.4