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	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	392.34	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	1,065	1,015	182.25	130.07	303.59	551.85
Cash & Short-Term Investments	1,457	2,026	1,735	1,268	1,113	1,204
Cash Growth	-27.92%	16.80%	36.76%	13.95%	-7.53%	-7.21%
Accounts Receivable	372.41	264.65	207.12	129.85	125.06	107.63
Other Receivables	6.67	2.59	2.17	2.59	10.57	5.1
Receivables	379.08	267.23	209.29	132.45	135.63	112.74
Inventory	426.96	285.03	245.57	253.97	249.37	179.22
Prepaid Expenses	-	0.01	-	-	-	-
Other Current Assets	481.71	13.42	15.6	11.47	26.67	17.99
Total Current Assets	2,745	2,592	2,205	1,666	1,525	1,514
Property, Plant & Equipment	787.48	610.68	494.36	490.45	489.51	431.13
Long-Term Investments	551.61	615.8	967.83	567.05	357.4	76.63
Other Intangible Assets	69.14	56.76	58.69	61.53	20.21	19.19
Long-Term Deferred Tax Assets	16.58	14.09	12.6	12.01	9.58	8.53
Long-Term Deferred Charges	20.46	14.37	7.92	6.41	4.66	3.95
Other Long-Term Assets	32.52	25.74	8.85	8.42	9.15	31.4
Total Assets	4,223	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	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	391.2	168.27	67.4	41.69	58.95	130.23
Accrued Expenses	24.58	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	0.17	-	40.03	100.06	-	-
Current Portion of Leases	-	0.16	0.15	0.14	0.19	0.19
Current Income Taxes Payable	16.7	22.06	2.08	3.66	6.43	4.57
Current Unearned Revenue	6.71	3.27	11.17	1.58	3.77	5.7
Other Current Liabilities	50.49	50.44	24.24	13.63	35.44	37.08
Total Current Liabilities	489.85	270.89	227.74	610.67	336.89	206.45
Long-Term Debt	-	-	39.63	124.19	99.07	-
Long-Term Leases	-	0.13	0.29	-	0.14	0.32
Long-Term Unearned Revenue	104.19	110.97	42.87	48.31	31.33	33.02
Long-Term Deferred Tax Liabilities	0.72	3.91	14.56	11.12	13.17	10.37
Total Liabilities	594.76	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	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	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	691.75	601.92	495.87	490.3	423.02	345.98
Comprehensive Income & Other	5.27	13.57	13.38	13.44	13.44	-
Total Common Equity	3,618	3,537	3,425	2,013	1,936	1,837
Minority Interest	9.78	6.4	4.9	5.26	-1.56	-2.66
Shareholders' Equity	3,628	3,543	3,430	2,018	1,935	1,834
Total Liabilities & Equity	4,223	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	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	0.17	0.29	149.29	658.31	311.69	15.19
Net Cash (Debt)	1,457	2,026	1,585	610.01	801.33	1,189
Net Cash Growth	-26.83%	27.78%	159.88%	-23.88%	-32.58%	-7.67%
Net Cash Per Share	8.11	11.28	9.36	3.62	4.75	7.05
Filing Date Shares Outstanding	183.32	183.33	168.76	168.67	168.58	168.58
Total Common Shares Outstanding	183.32	183.33	168.76	168.67	168.58	168.58
Working Capital	2,255	2,321	1,977	1,056	1,188	1,307
Book Value Per Share	19.74	19.29	20.30	11.93	11.48	10.90
Tangible Book Value	3,549	3,480	3,367	1,951	1,916	1,818
Tangible Book Value Per Share	19.36	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	326.14	184.23	89.18	98.43	140.79	99.26