SHA:600768 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

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

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.