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	Sep '26 Sep 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	138.85	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	138.85	340.03	399.69	583.09	719.95	1,543
Cash Growth	-40.20%	-14.93%	-31.45%	-19.01%	-53.34%	-16.68%
Accounts Receivable	152.93	104.16	90.31	136.95	146.35	7.45
Other Receivables	36.52	38.38	123.82	108.31	123.12	1.49
Receivables	189.45	142.53	214.13	245.26	269.46	8.94
Inventory	196.76	201.56	279.59	206.54	172.44	77.32
Prepaid Expenses	-	0.18	0.32	-	0	0.65
Other Current Assets	94.72	117.61	187.14	139.57	114	38.18
Total Current Assets	619.78	801.91	1,081	1,174	1,276	1,668
Property, Plant & Equipment	771.18	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	118.67	125.09	148.39	171.39	80.52	84.67
Long-Term Deferred Tax Assets	60.55	58.07	34.77	31.92	31.06	11.22
Long-Term Deferred Charges	2.58	2.53	3.85	4.88	3.09	3.35
Other Long-Term Assets	57.75	47.73	54.36	105.59	287.59	49.3
Total Assets	1,779	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	Sep '26 Sep 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	171.68	164.35	225.02	193.18	207.93	115.99
Accrued Expenses	23.55	40.19	36.43	28.51	32.64	27.75
Short-Term Debt	10.01	34.51	17.18	15.25	10	1.21
Current Portion of Leases	-	5.67	6.22	4.57	4.36	-
Current Income Taxes Payable	5.13	0.39	2.56	2.14	7	8.4
Current Unearned Revenue	36.99	164.83	160.45	219.12	139.05	141.44
Other Current Liabilities	31.3	35.8	44.24	46.43	32.95	37.14
Total Current Liabilities	280.66	445.74	492.09	509.2	433.93	331.94
Long-Term Leases	2	2.02	7.7	3.57	8.14	-
Long-Term Unearned Revenue	28.45	23.36	9.23	19.9	11.14	11.61
Long-Term Deferred Tax Liabilities	17.15	19.09	23.48	23.03	10.2	6.11
Other Long-Term Liabilities	3.23	2.85	16.22	14.16	4.22	-
Total Liabilities	331.49	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	Sep '26 Sep 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	310.72	329.97	567.04	638.78	624.2	642.06
Treasury Stock	-100	-100	-91.98	-	-	-
Total Common Equity	1,509	1,528	1,773	1,937	1,921	1,939
Minority Interest	-60.97	-60.68	-8.13	-3.81	4.53	7.67
Shareholders' Equity	1,448	1,467	1,765	1,933	1,926	1,947
Total Liabilities & Equity	1,779	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	Sep '26 Sep 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	14.01	42.21	31.09	23.39	22.51	1.21
Net Cash (Debt)	124.84	297.82	368.59	559.7	697.44	1,542
Net Cash Growth	-42.71%	-19.20%	-34.14%	-19.75%	-54.77%	-16.74%
Net Cash Per Share	0.24	0.50	0.63	0.97	1.17	2.55
Filing Date Shares Outstanding	904.31	585.82	585.82	597.37	602	602
Total Common Shares Outstanding	904.31	585.82	587.19	602	602	602
Working Capital	339.12	356.16	588.78	665.27	841.92	1,336
Book Value Per Share	1.67	2.61	3.02	3.22	3.19	3.22
Tangible Book Value	1,264	1,276	1,482	1,586	1,787	1,845
Tangible Book Value Per Share	1.40	2.18	2.52	2.64	2.97	3.07
Buildings	-	571.5	561.86	535.17	110.93	318.31
Machinery	-	466.61	427.34	330.33	196.9	180.57
Construction In Progress	-	19.53	48.75	172.66	437.28	72.4