SHA:688017 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	218.64	746.14	1,525	969.33	729.33	641.75
Short-Term Investments	466.95	-	27.66	168.92	80.09	10.09
Trading Asset Securities	1,246	1,015	182.25	130.07	303.59	551.85
Cash & Short-Term Investments	1,931	1,762	1,735	1,268	1,113	1,204
Cash Growth	-4.87%	1.55%	36.76%	13.95%	-7.53%	-7.21%
Accounts Receivable	234.49	264.65	207.12	129.85	125.06	107.63
Other Receivables	12.94	2.59	2.17	2.59	10.57	5.1
Receivables	247.43	267.23	209.29	132.45	135.63	112.74
Inventory	297.41	285.03	245.57	253.97	249.37	179.22
Other Current Assets	16.81	277.91	15.6	11.47	26.67	17.99
Total Current Assets	2,493	2,592	2,205	1,666	1,525	1,514
Property, Plant & Equipment	648.73	610.68	494.36	490.45	489.51	431.13
Long-Term Investments	669.39	615.8	967.83	567.05	357.4	76.63
Other Intangible Assets	56.03	56.76	58.69	61.53	20.21	19.19
Long-Term Deferred Tax Assets	15.45	14.09	12.6	12.01	9.58	8.53
Long-Term Deferred Charges	16.94	14.37	7.92	6.41	4.66	3.95
Other Long-Term Assets	49.08	25.74	8.85	8.42	9.15	31.4
Total Assets	3,948	3,929	3,755	2,812	2,415	2,084
Accounts Payable	168.88	168.27	67.4	41.69	58.95	130.23
Accrued Expenses	27.57	25.39	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	-	0.16	40.03	100.06	-	-
Current Portion of Leases	-	-	0.15	0.14	0.19	0.19
Current Income Taxes Payable	24.97	23.53	2.08	3.66	6.43	4.57
Current Unearned Revenue	3.1	3.27	11.17	1.58	3.77	5.7
Other Current Liabilities	34.43	50.27	24.24	13.63	35.44	37.08
Total Current Liabilities	258.94	270.89	227.74	610.67	336.89	206.45
Long-Term Debt	-	-	39.63	124.19	99.07	-
Long-Term Leases	0.13	0.13	0.29	-	0.14	0.32
Long-Term Unearned Revenue	109.34	110.97	42.87	48.31	31.33	33.02
Long-Term Deferred Tax Liabilities	4.45	3.91	14.56	11.12	13.17	10.37
Total Liabilities	372.86	385.9	325.08	794.28	480.6	250.15
Common Stock	2,921	183.33	168.76	168.67	168.58	120.42
Additional Paid-In Capital	-	2,738	2,747	1,340	1,331	1,371
Retained Earnings	634.55	601.92	495.87	490.3	423.02	345.98
Comprehensive Income & Other	12.93	13.57	13.38	13.44	13.44	-
Total Common Equity	3,569	3,537	3,425	2,013	1,936	1,837
Minority Interest	6.75	6.4	4.9	5.26	-1.56	-2.66
Shareholders' Equity	3,576	3,543	3,430	2,018	1,935	1,834
Total Liabilities & Equity	3,948	3,929	3,755	2,812	2,415	2,084
Total Debt	0.13	0.29	149.29	658.31	311.69	15.19
Net Cash (Debt)	1,931	1,761	1,585	610.01	801.33	1,189
Net Cash Growth	21.90%	11.10%	159.88%	-23.88%	-32.58%	-7.67%
Net Cash Per Share	10.68	9.80	9.36	3.62	4.75	7.05
Filing Date Shares Outstanding	183.34	188.33	168.76	168.67	168.58	168.58
Total Common Shares Outstanding	183.34	188.33	168.76	168.67	168.58	168.58
Working Capital	2,234	2,321	1,977	1,056	1,188	1,307
Book Value Per Share	19.47	18.78	20.30	11.93	11.48	10.90
Tangible Book Value	3,513	3,480	3,367	1,951	1,916	1,818
Tangible Book Value Per Share	19.16	18.48	19.95	11.57	11.36	10.78
Buildings	-	-	87.94	87.89	87.89	87.89
Machinery	-	-	546.49	482.44	396.76	343.65
Construction In Progress	-	-	89.18	98.43	140.79	99.26

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