SHA:600768 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	132	139.54	224.4	212.89	144.78	75.18
Trading Asset Securities	30.62	-	3.27	3.21	77.3	152.66
Cash & Short-Term Investments	162.62	139.54	227.67	216.1	222.08	227.85
Cash Growth	-12.14%	-38.71%	5.35%	-2.69%	-2.53%	53.11%
Accounts Receivable	364.56	299.76	271.07	182.09	31.62	30.11
Other Receivables	174.81	0.01	2.73	0.67	0.09	1.26
Receivables	539.37	299.76	273.8	182.77	31.71	31.37
Inventory	353.3	193.02	154.7	122.57	11.7	9.8
Other Current Assets	153.99	409.72	30.24	13.43	4.91	6.1
Total Current Assets	1,209	1,042	686.41	534.87	270.4	275.12
Property, Plant & Equipment	43.18	44.22	55.31	59.57	8.84	3.61
Long-Term Investments	-	-	308	305	279	47.31
Other Intangible Assets	0.19	0.02	0.48	0.54	0.04	0.05
Long-Term Deferred Tax Assets	4.46	2.89	2.26	4.96	0.04	0
Long-Term Deferred Charges	9.7	10.61	14.69	18.64	1.11	1.1
Other Long-Term Assets	2.01	2.06	0.11	0.34	0.35	-
Total Assets	1,269	1,102	1,067	923.91	559.79	327.2
Accounts Payable	115.03	111.5	153.95	108.43	102.33	98.38
Accrued Expenses	7.01	13.5	14.51	15.15	3.17	3.45
Short-Term Debt	273.57	187.96	268.87	129.61	-	-
Current Portion of Long-Term Debt	91.26	115.95	6.81	46.1	-	-
Current Portion of Leases	-	3.06	3.47	3.31	0.57	0.59
Current Income Taxes Payable	13.77	1	0.55	0.29	0	0.04
Current Unearned Revenue	41.16	0.29	1.51	3.38	0.86	0.92
Other Current Liabilities	63.91	74.3	93.65	8.16	1.22	0.96
Total Current Liabilities	605.71	507.55	543.32	314.42	108.16	104.34
Long-Term Debt	10	-	-	-	-	-
Long-Term Leases	2.45	3.39	6.28	9.74	1.21	1.72
Long-Term Unearned Revenue	5.55	4.39	3.66	3.94	-	-
Long-Term Deferred Tax Liabilities	72.22	70.57	65.22	64.44	57.92	0.17
Total Liabilities	695.94	585.91	618.47	392.54	167.29	106.23
Common Stock	133.75	133.75	133.75	133.75	133.75	133.75
Additional Paid-In Capital	-	-	-	23.32	15.42	15.42
Retained Earnings	323.93	295.95	244.05	288.88	243.34	71.8
Total Common Equity	457.68	429.69	377.79	445.95	392.5	220.97
Minority Interest	115.21	86.24	71	85.42	-	-
Shareholders' Equity	572.88	515.94	448.8	531.37	392.5	220.97
Total Liabilities & Equity	1,269	1,102	1,067	923.91	559.79	327.2
Total Debt	377.29	310.35	285.42	188.75	1.78	2.31
Net Cash (Debt)	-214.67	-170.81	-57.75	27.35	220.31	225.54
Net Cash Growth	-	-	-	-87.59%	-2.32%	70.17%
Net Cash Per Share	-1.59	-1.28	-0.37	0.20	1.64	1.91
Filing Date Shares Outstanding	133.75	133.75	133.75	133.75	133.75	133.75
Total Common Shares Outstanding	133.75	133.75	133.75	133.75	133.75	133.75
Working Capital	603.57	534.48	143.09	220.45	162.24	170.78
Book Value Per Share	3.42	3.21	2.82	3.33	2.93	1.65
Tangible Book Value	457.49	429.67	377.32	445.41	392.46	220.91
Tangible Book Value Per Share	3.42	3.21	2.82	3.33	2.93	1.65
Buildings	-	2.73	10.37	10.37	0.47	0.47
Machinery	-	117.23	129.17	125.85	3.16	9.56

Source: S&P Global Market Intelligence. Standard template. Financial Sources.