SHA:688015 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	908.71	1,353	1,530	1,445	1,151	1,409
Trading Asset Securities	-	-	50	-	365.87	548.57
Cash & Short-Term Investments	908.71	1,353	1,580	1,445	1,517	1,957
Cash Growth	-11.28%	-14.38%	9.35%	-4.79%	-22.49%	35.89%
Accounts Receivable	2,604	2,546	2,051	1,797	1,931	1,344
Other Receivables	38.15	42.13	32.01	29.84	32.39	34.51
Receivables	2,642	2,588	2,083	1,827	1,964	1,378
Inventory	840.16	829.01	830.09	757.78	586.39	866.36
Other Current Assets	233.2	204.67	189.11	203.85	237.16	99.53
Total Current Assets	4,624	4,975	4,682	4,233	4,304	4,302
Property, Plant & Equipment	811.44	860.63	699.15	744.59	662.29	510.33
Long-Term Investments	267.54	266.47	249.71	141.04	106.66	72.01
Goodwill	2.66	2.66	2.66	2.66	2.66	2.66
Other Intangible Assets	59.58	53.13	51.26	57.3	60.87	62.91
Long-Term Accounts Receivable	-	5.19	-	0.14	-	-
Long-Term Deferred Tax Assets	81.98	94.7	106.4	85.14	62.74	53.13
Long-Term Deferred Charges	10.71	14.41	28.39	45.11	52.28	71.89
Other Long-Term Assets	392.59	356.72	386.47	404.46	366.38	216.64
Total Assets	6,250	6,629	6,206	5,713	5,618	5,291

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	1,857	1,980	2,032	1,932	1,618	1,724
Accrued Expenses	55.41	155.97	142.06	158.03	153.67	141.08
Short-Term Debt	5	-	-	-	-	-
Current Portion of Long-Term Debt	38.54	-	-	2	1.9	1.8
Current Portion of Leases	-	34.43	31.26	41.97	36.3	38.23
Current Income Taxes Payable	12.3	10.34	12.55	15.6	8.38	9.08
Current Unearned Revenue	926.13	1,008	839.8	536.07	814.33	548.42
Other Current Liabilities	185.55	229.45	225.5	159.3	168.03	145.67
Total Current Liabilities	3,080	3,418	3,283	2,845	2,801	2,609
Long-Term Debt	-	-	-	1.04	3.05	4.94
Long-Term Leases	110.52	134.07	8.31	34.97	62.8	105.36
Long-Term Unearned Revenue	80.35	100.47	106.98	125.58	100.56	122.04
Long-Term Deferred Tax Liabilities	0.48	0.49	0.5	7.15	5.97	1
Other Long-Term Liabilities	105.58	99.9	76.45	71.02	89.31	84.36
Total Liabilities	3,377	3,753	3,475	3,085	3,062	2,926

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	188.68	188.68	188.68	188.68	187.94	187.05
Additional Paid-In Capital	1,474	1,473	1,470	1,455	1,442	1,419
Retained Earnings	987.27	1,006	893.33	847.49	828.04	686.46
Comprehensive Income & Other	-0.01	-0.04	-0.03	0.04	0.08	-0.04
Total Common Equity	2,650	2,668	2,552	2,491	2,458	2,292
Minority Interest	223.63	207.2	179.08	137.15	98.42	72.89
Shareholders' Equity	2,874	2,875	2,731	2,628	2,556	2,365
Total Liabilities & Equity	6,250	6,629	6,206	5,713	5,618	5,291

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	154.06	168.5	39.57	79.98	104.04	150.33
Net Cash (Debt)	754.65	1,184	1,540	1,365	1,413	1,807
Net Cash Growth	-25.27%	-23.12%	12.86%	-3.44%	-21.80%	27.29%
Net Cash Per Share	4.02	6.28	8.11	7.21	7.45	10.74
Filing Date Shares Outstanding	191.08	188.68	188.68	188.68	187.94	187.05
Total Common Shares Outstanding	191.08	188.68	188.68	188.68	187.94	187.05
Working Capital	1,544	1,556	1,399	1,388	1,504	1,693
Book Value Per Share	13.87	14.14	13.53	13.20	13.08	12.25
Tangible Book Value	2,588	2,612	2,498	2,431	2,394	2,227
Tangible Book Value Per Share	13.54	13.84	13.24	12.89	12.74	11.90
Buildings	-	533.47	495.84	468.94	207.91	176.59
Machinery	-	547.56	459.7	395.27	338.57	256.27
Construction In Progress	-	5	4.78	40.47	195.09	57.13
Order Backlog	-	5,758	-	-	-	-