SHA:688028 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	248.05	264.73	236.88	454.44	306.47
Cash & Short-Term Investments	248.05	264.73	236.88	454.44	306.47
Cash Growth	-6.30%	11.76%	-47.87%	48.28%	-27.18%
Accounts Receivable	273.19	224.87	243.55	195.67	100.66
Other Receivables	1.63	2.42	0.28	1.88	0.33
Receivables	274.82	227.29	243.84	197.55	100.99
Inventory	294.62	299.16	272.26	191.27	98.71
Other Current Assets	39.49	24.92	36.95	28.39	9.48
Total Current Assets	856.98	816.11	789.93	871.65	515.65
Property, Plant & Equipment	936.87	929.63	790.2	675.17	312.03
Long-Term Investments	28.5	33.88	30.8	14.77	9.86
Goodwill	391.31	391.99	392.57	393.5	-
Other Intangible Assets	70.87	73.54	74.68	77.1	46.43
Long-Term Deferred Tax Assets	14.29	10.19	6.15	2.98	1.54
Long-Term Deferred Charges	13.12	6.12	5.91	1.93	0.44
Other Long-Term Assets	8.8	6.08	42.68	24.91	45.47
Total Assets	2,321	2,268	2,133	2,062	931.42
Accounts Payable	69.3	53.06	60.38	41.68	18.93
Accrued Expenses	44.07	41.52	36.6	33.6	24.88
Short-Term Debt	79.63	40.47	12.91	21.44	-
Current Portion of Long-Term Debt	30.78	70.95	5.01	-	-
Current Portion of Leases	-	0.52	0.35	4.98	1.03
Current Income Taxes Payable	24.35	7.54	7.58	6.23	1.2
Current Unearned Revenue	3.25	3.24	3.44	2.89	1.91
Other Current Liabilities	23.64	18.46	20.17	19	15.87
Total Current Liabilities	275.02	235.77	146.43	129.81	63.83
Long-Term Debt	-	9.89	-	-	-
Long-Term Leases	2.43	0.78	1.14	0.02	1.11
Long-Term Unearned Revenue	55.22	55.29	49.33	38.31	3.42
Long-Term Deferred Tax Liabilities	3.41	6.38	9.87	11.51	-
Other Long-Term Liabilities	-	8.93	10.37	1.48	-
Total Liabilities	336.09	317.04	217.15	181.13	68.36
Common Stock	150.95	152	153.41	109.58	80
Additional Paid-In Capital	1,404	1,422	1,451	1,495	555.1
Retained Earnings	429.67	385.95	339.97	275.59	227.97
Treasury Stock	-	-10.38	-29.91	-	-
Comprehensive Income & Other	0.66	0.19	0.26	0.2	-
Total Common Equity	1,985	1,950	1,915	1,880	863.06
Minority Interest	-0.78	0.28	1.09	0.74	-
Shareholders' Equity	1,985	1,950	1,916	1,881	863.06
Total Liabilities & Equity	2,321	2,268	2,133	2,062	931.42
Total Debt	112.85	122.62	19.41	26.43	2.14
Net Cash (Debt)	135.2	142.12	217.47	428.01	304.33
Net Cash Growth	-4.87%	-34.65%	-49.19%	40.64%	-27.69%
Net Cash Per Share	0.89	0.94	1.42	3.50	2.71
Filing Date Shares Outstanding	150.95	151.42	152	153.41	112
Total Common Shares Outstanding	150.95	151.42	152	153.41	112
Working Capital	581.96	580.34	643.5	741.85	451.82
Book Value Per Share	13.15	12.88	12.60	12.26	7.71
Tangible Book Value	1,523	1,485	1,447	1,410	816.63
Tangible Book Value Per Share	10.09	9.81	9.52	9.19	7.29
Buildings	-	218.95	120.87	119.56	75.15
Machinery	-	1,036	816.44	690.27	310.96
Construction In Progress	-	80.7	170.47	106.44	60.13

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