SHA:688017 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	392.41	746.14	1,525	969.33	729.33	641.75
Short-Term Investments	-	264.48	27.66	168.92	80.09	10.09
Trading Asset Securities	1,014	1,015	182.25	130.07	303.59	551.85
Cash & Short-Term Investments	1,406	2,026	1,735	1,268	1,113	1,204
Cash Growth	-24.63%	16.80%	36.76%	13.95%	-7.53%	-7.21%
Accounts Receivable	287.71	264.65	207.12	129.85	125.06	107.63
Other Receivables	3.06	2.59	2.17	2.59	10.57	5.1
Receivables	290.77	267.23	209.29	132.45	135.63	112.74
Inventory	340.44	285.03	245.57	253.97	249.37	179.22
Prepaid Expenses	-	0.01	-	-	-	-
Other Current Assets	791	13.42	15.6	11.47	26.67	17.99
Total Current Assets	2,828	2,592	2,205	1,666	1,525	1,514
Property, Plant & Equipment	752.19	610.68	494.36	490.45	489.51	431.13
Long-Term Investments	349.75	615.8	967.83	567.05	357.4	76.63
Other Intangible Assets	69.99	56.76	58.69	61.53	20.21	19.19
Long-Term Deferred Tax Assets	16.17	14.09	12.6	12.01	9.58	8.53
Long-Term Deferred Charges	17.29	14.37	7.92	6.41	4.66	3.95
Other Long-Term Assets	52.17	25.74	8.85	8.42	9.15	31.4
Total Assets	4,086	3,929	3,755	2,812	2,415	2,084

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	299.24	168.27	67.4	41.69	58.95	130.23
Accrued Expenses	28.99	26.69	13.46	15.99	19.82	13.99
Short-Term Debt	-	-	69.2	433.92	212.28	14.68
Current Portion of Long-Term Debt	-	-	40.03	100.06	-	-
Current Portion of Leases	-	0.16	0.15	0.14	0.19	0.19
Current Income Taxes Payable	-	22.06	2.08	3.66	6.43	4.57
Current Unearned Revenue	6.75	3.27	11.17	1.58	3.77	5.7
Other Current Liabilities	28.31	50.44	24.24	13.63	35.44	37.08
Total Current Liabilities	363.28	270.89	227.74	610.67	336.89	206.45
Long-Term Debt	-	-	39.63	124.19	99.07	-
Long-Term Leases	0.04	0.13	0.29	-	0.14	0.32
Long-Term Unearned Revenue	105.68	110.97	42.87	48.31	31.33	33.02
Long-Term Deferred Tax Liabilities	2.28	3.91	14.56	11.12	13.17	10.37
Total Liabilities	471.27	385.9	325.08	794.28	480.6	250.15

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	183.33	183.33	168.76	168.67	168.58	120.42
Additional Paid-In Capital	2,738	2,738	2,747	1,340	1,331	1,371
Retained Earnings	672.03	601.92	495.87	490.3	423.02	345.98
Comprehensive Income & Other	13.34	13.57	13.38	13.44	13.44	-
Total Common Equity	3,607	3,537	3,425	2,013	1,936	1,837
Minority Interest	7.86	6.4	4.9	5.26	-1.56	-2.66
Shareholders' Equity	3,615	3,543	3,430	2,018	1,935	1,834
Total Liabilities & Equity	4,086	3,929	3,755	2,812	2,415	2,084

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	0.04	0.29	149.29	658.31	311.69	15.19
Net Cash (Debt)	1,406	2,026	1,585	610.01	801.33	1,189
Net Cash Growth	-11.37%	27.78%	159.88%	-23.88%	-32.58%	-7.67%
Net Cash Per Share	-	11.28	9.36	3.62	4.75	7.05
Filing Date Shares Outstanding	-	183.33	168.76	168.67	168.58	168.58
Total Common Shares Outstanding	-	183.33	168.76	168.67	168.58	168.58
Working Capital	2,465	2,321	1,977	1,056	1,188	1,307
Book Value Per Share	-	19.29	20.30	11.93	11.48	10.90
Tangible Book Value	3,537	3,480	3,367	1,951	1,916	1,818
Tangible Book Value Per Share	-	18.98	19.95	11.57	11.36	10.78
Buildings	-	104.2	87.94	87.89	87.89	87.89
Machinery	-	603.46	546.49	482.44	396.76	343.65
Construction In Progress	-	184.23	89.18	98.43	140.79	99.26