SHA:688020 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	-	68.45	309.28	468.08	408.28
Short-Term Investments	-	349.02	286.24	194.1	171.17
Trading Asset Securities	-	120.24	161.36	117.7	215
Cash & Short-Term Investments	327.97	537.71	756.88	779.88	794.46
Cash Growth	-39.01%	-28.96%	-2.95%	-1.84%	-31.45%
Accounts Receivable	-	198.91	170.33	167.61	177.31
Other Receivables	-	0.23	0.17	0.94	0.95
Receivables	-	199.14	170.5	168.55	178.26
Inventory	-	85.37	61.69	49.42	51
Other Current Assets	-	7.84	23.4	22.83	63.42
Total Current Assets	-	830.05	1,012	1,021	1,087
Property, Plant & Equipment	-	780.68	849.38	882.38	773.36
Long-Term Investments	-	112.84	20	-	-
Other Intangible Assets	-	31.79	32.92	33.93	35.05
Long-Term Deferred Tax Assets	-	29.01	22.78	14.54	10.6
Long-Term Deferred Charges	-	0.17	0.39	0.06	2.37
Other Long-Term Assets	-	15.56	7.4	16.57	16.34
Total Assets	-	1,800	1,945	1,968	1,925
Accounts Payable	-	68.57	127.64	167.23	144.56
Accrued Expenses	-	15.67	11.25	15.63	15.43
Short-Term Debt	-	210.15	192.45	132.31	81.83
Current Portion of Leases	-	3.2	4.12	1.54	5.84
Current Income Taxes Payable	-	0.35	2.86	0.62	1.46
Current Unearned Revenue	-	9.55	9.51	10.2	0.28
Other Current Liabilities	-	9.1	9.12	4.75	6.7
Total Current Liabilities	-	316.58	356.96	332.28	256.1
Long-Term Leases	-	2.12	4.65	-	1.54
Long-Term Unearned Revenue	-	84.53	79.42	75.44	33.92
Long-Term Deferred Tax Liabilities	-	0.99	1.59	0.22	-
Total Liabilities	-	404.22	442.61	407.94	291.56
Common Stock	-	80.74	80.63	80.21	80
Additional Paid-In Capital	-	1,115	1,109	1,095	1,089
Retained Earnings	-	193.15	299.8	368.47	451.48
Treasury Stock	-	-15.01	-4.01	-	-
Total Common Equity	1,383	1,374	1,485	1,544	1,620
Minority Interest	-	21.7	17.8	16.07	12.87
Shareholders' Equity	1,403	1,396	1,503	1,560	1,633
Total Liabilities & Equity	-	1,800	1,945	1,968	1,925
Total Debt	252.25	215.47	201.21	133.85	89.21
Net Cash (Debt)	75.72	322.23	555.67	646.04	705.25
Net Cash Growth	-76.50%	-42.01%	-13.99%	-8.39%	-36.59%
Net Cash Per Share	1.15	4.01	6.96	8.07	8.74
Filing Date Shares Outstanding	12.46	80.32	80.21	80.21	80
Total Common Shares Outstanding	81.94	80.31	80.21	80.21	80
Working Capital	-	513.48	655.52	688.4	831.04
Book Value Per Share	16.88	17.11	18.51	19.25	20.26
Tangible Book Value	1,351	1,342	1,452	1,510	1,585
Tangible Book Value Per Share	16.49	16.72	18.10	18.83	19.82
Buildings	-	426.89	428.22	429.45	127.09
Machinery	-	545.91	532.63	505.73	339.82
Construction In Progress	-	3.21	4.85	0.77	298.96

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