SHA:688025 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	-	325.34	410.78	300.88	341.05
Trading Asset Securities	-	5	30.16	-	181.02
Cash & Short-Term Investments	621.55	330.34	440.94	300.88	522.07
Cash Growth	88.16%	-25.08%	46.55%	-42.37%	-46.85%
Accounts Receivable	-	737.38	543.07	542.9	407.05
Other Receivables	-	13.39	13.25	13.84	13.91
Receivables	-	750.77	556.32	556.74	420.96
Inventory	-	696.21	658.71	697	583.86
Other Current Assets	-	104.09	89.56	113.33	110.01
Total Current Assets	-	1,881	1,746	1,668	1,637
Property, Plant & Equipment	-	457.7	438.5	426.1	387.01
Long-Term Investments	-	118.72	101.29	149.25	74.66
Goodwill	-	6.64	13.49	25.46	27.12
Other Intangible Assets	-	92.89	91.24	96.06	90.77
Long-Term Deferred Tax Assets	-	39.64	26.6	28.04	25.84
Long-Term Deferred Charges	-	49.03	54.85	47.97	52.36
Other Long-Term Assets	-	109.78	76.41	3.92	7.47
Total Assets	-	2,756	2,548	2,445	2,302
Accounts Payable	-	427.77	272.72	325.82	286.05
Accrued Expenses	-	48.82	97.98	41.07	62.63
Short-Term Debt	-	30.02	30.03	30.03	60.05
Current Portion of Long-Term Debt	-	-	-	2.55	-
Current Portion of Leases	-	19.54	14.53	18.09	14.91
Current Income Taxes Payable	-	7.31	5.1	2.22	5.25
Current Unearned Revenue	-	82.05	90.85	66.76	50.77
Other Current Liabilities	-	58.03	37.58	27.06	29.78
Total Current Liabilities	-	673.54	548.81	513.6	509.45
Long-Term Debt	-	13.26	5.08	50.38	3.98
Long-Term Leases	-	16.49	20.82	34.07	45.91
Long-Term Unearned Revenue	-	13.99	14.57	14.03	14.69
Long-Term Deferred Tax Liabilities	-	0.32	0.52	0.65	0.76
Total Liabilities	-	717.61	589.81	612.74	574.8
Common Stock	-	95.05	94.99	93.82	92.87
Additional Paid-In Capital	-	1,400	1,401	1,361	1,309
Retained Earnings	-	558.55	459.03	375.07	325.89
Treasury Stock	-	-22.58	-12.68	-	-
Comprehensive Income & Other	-	3.23	2.73	2.26	-1.28
Total Common Equity	2,206	2,035	1,945	1,832	1,727
Minority Interest	-	3.48	12.66	-0.16	0.42
Shareholders' Equity	2,209	2,038	1,958	1,832	1,727
Total Liabilities & Equity	-	2,756	2,548	2,445	2,302
Total Debt	80.66	79.32	70.47	135.12	124.86
Net Cash (Debt)	540.9	251.02	370.47	165.76	397.2
Net Cash Growth	115.48%	-32.24%	123.50%	-58.27%	-57.39%
Net Cash Per Share	5.69	2.65	3.93	1.77	4.31
Filing Date Shares Outstanding	94.76	94.6	94.77	93.82	92.87
Total Common Shares Outstanding	94.76	94.6	94.83	93.82	92.87
Working Capital	-	1,208	1,197	1,154	1,127
Book Value Per Share	23.15	21.51	20.51	19.53	18.60
Tangible Book Value	2,113	1,935	1,841	1,711	1,609
Tangible Book Value Per Share	22.18	20.46	19.41	18.23	17.33
Buildings	-	245.94	241.52	166.25	166.25
Machinery	-	245.89	237.42	222.82	181.47
Construction In Progress	-	74.47	42.22	75.59	41.1

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