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	850.94	325.34	410.78	300.88	341.05
Trading Asset Securities	10.21	5	30.16	-	181.02
Cash & Short-Term Investments	861.15	330.34	440.94	300.88	522.07
Cash Growth	160.68%	-25.08%	46.55%	-42.37%	-46.85%
Accounts Receivable	752	737.38	543.07	542.9	407.05
Other Receivables	16.57	13.39	13.25	13.84	13.91
Receivables	768.57	750.77	556.32	556.74	420.96
Inventory	708.21	696.21	658.71	697	583.86
Other Current Assets	103.81	104.09	89.56	113.33	110.01
Total Current Assets	2,442	1,881	1,746	1,668	1,637
Property, Plant & Equipment	523.49	457.7	438.5	426.1	387.01
Long-Term Investments	151.25	118.72	101.29	149.25	74.66
Goodwill	3.23	6.64	13.49	25.46	27.12
Other Intangible Assets	84.68	92.89	91.24	96.06	90.77
Long-Term Deferred Tax Assets	55.25	39.64	26.6	28.04	25.84
Long-Term Deferred Charges	40.14	49.03	54.85	47.97	52.36
Other Long-Term Assets	89.68	109.78	76.41	3.92	7.47
Total Assets	3,389	2,756	2,548	2,445	2,302
Accounts Payable	602	427.77	272.72	325.82	286.05
Accrued Expenses	78.36	48.82	100.7	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	21.58	19.54	14.53	18.09	14.91
Current Income Taxes Payable	11.84	7.31	5.1	2.22	5.25
Current Unearned Revenue	185.84	82.05	90.85	66.76	50.77
Other Current Liabilities	78.44	58.03	34.86	27.06	29.78
Total Current Liabilities	978.05	673.54	548.81	513.6	509.45
Long-Term Debt	71.94	13.26	5.08	50.38	3.98
Long-Term Leases	7.77	16.49	20.82	34.07	45.91
Long-Term Unearned Revenue	10.99	13.99	14.57	14.03	14.69
Long-Term Deferred Tax Liabilities	0.33	0.32	0.52	0.65	0.76
Other Long-Term Liabilities	7.89	-	-	-	-
Total Liabilities	1,077	717.61	589.81	612.74	574.8
Common Stock	95.05	95.05	94.99	93.82	92.87
Additional Paid-In Capital	1,419	1,400	1,401	1,361	1,309
Retained Earnings	797.52	558.55	459.03	375.07	325.89
Treasury Stock	-16.02	-22.58	-12.68	-	-
Comprehensive Income & Other	2.7	3.23	2.73	2.26	-1.28
Total Common Equity	2,299	2,035	1,945	1,832	1,727
Minority Interest	13.97	3.48	12.66	-0.16	0.42
Shareholders' Equity	2,313	2,038	1,958	1,832	1,727
Total Liabilities & Equity	3,389	2,756	2,548	2,445	2,302
Total Debt	101.29	79.32	70.47	135.12	124.86
Net Cash (Debt)	759.86	251.02	370.47	165.76	397.2
Net Cash Growth	202.71%	-32.24%	123.50%	-58.27%	-57.39%
Net Cash Per Share	7.99	2.65	3.93	1.77	4.31
Filing Date Shares Outstanding	94.8	94.6	94.77	93.82	92.87
Total Common Shares Outstanding	94.8	94.6	94.83	93.82	92.87
Working Capital	1,464	1,208	1,197	1,154	1,127
Book Value Per Share	24.25	21.51	20.51	19.53	18.60
Tangible Book Value	2,211	1,935	1,841	1,711	1,609
Tangible Book Value Per Share	23.32	20.46	19.41	18.23	17.33
Buildings	245.94	245.94	241.52	166.25	166.25
Machinery	264.2	245.89	237.42	222.82	181.47
Construction In Progress	156.36	74.47	42.22	75.59	41.1

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