SHA:688033 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	-	266.76	1,185	2,075	627.97
Cash & Short-Term Investments	186.59	266.76	1,185	2,075	627.97
Cash Growth	-30.05%	-77.48%	-42.90%	230.38%	-46.31%
Accounts Receivable	-	849.45	1,416	1,160	661.39
Other Receivables	-	62.12	62.12	23.52	9.33
Receivables	-	911.57	1,478	1,184	670.72
Inventory	-	410.52	976.15	294.04	174.79
Other Current Assets	-	413.29	492.82	165.61	103.56
Total Current Assets	-	2,002	4,132	3,718	1,577
Property, Plant & Equipment	-	3,571	3,876	2,332	1,267
Long-Term Investments	-	54.57	76.66	89.74	78.42
Goodwill	-	305.17	328.69	353.83	126.62
Other Intangible Assets	-	157.5	167.03	176.68	160.53
Long-Term Deferred Tax Assets	-	247.88	76.34	51.96	3.79
Long-Term Deferred Charges	-	25.48	17.66	7.03	3.66
Other Long-Term Assets	-	94.04	50.36	134.92	117.06
Total Assets	-	6,460	8,726	6,866	3,337
Accounts Payable	-	797.04	1,096	346.72	66.59
Accrued Expenses	-	31.3	36.68	64.69	52.12
Short-Term Debt	-	826.29	999.68	297.98	53.87
Current Portion of Long-Term Debt	-	581.11	261.18	-	-
Current Portion of Leases	-	10.38	8.34	6.58	4.15
Current Income Taxes Payable	-	0.09	1.4	45.75	15.58
Current Unearned Revenue	-	4.06	90.84	1.83	2.3
Other Current Liabilities	-	193.01	83.13	199.05	137.69
Total Current Liabilities	-	2,443	2,577	962.6	332.29
Long-Term Debt	-	167.61	705.83	590.09	190
Long-Term Leases	-	43.78	47.83	43.65	50.41
Long-Term Unearned Revenue	-	61.34	53.09	50.87	57.66
Long-Term Deferred Tax Liabilities	-	16.75	21.24	17.75	3.23
Other Long-Term Liabilities	-	-	-	28.6	59.1
Total Liabilities	-	2,733	3,405	1,694	692.69
Common Stock	-	562.2	562.2	561.37	448.74
Additional Paid-In Capital	-	3,461	3,503	3,492	1,272
Retained Earnings	-	-361.99	1,147	1,026	864.51
Treasury Stock	-	-10	-10	-	-
Comprehensive Income & Other	-	17.14	22.66	33.78	1.02
Total Common Equity	3,297	3,668	5,225	5,113	2,587
Minority Interest	-	59.03	96.33	59.8	57.43
Shareholders' Equity	3,353	3,727	5,321	5,172	2,644
Total Liabilities & Equity	-	6,460	8,726	6,866	3,337
Total Debt	1,419	1,629	2,023	938.3	298.43
Net Cash (Debt)	-1,233	-1,362	-838.29	1,136	329.54
Net Cash Growth	-	-	-	244.83%	-71.08%
Net Cash Per Share	-2.19	-2.41	-1.46	2.37	0.73
Filing Date Shares Outstanding	564.92	561.61	561.61	561.37	448.74
Total Common Shares Outstanding	561.61	561.61	561.61	561.37	448.74
Working Capital	-	-441.15	1,555	2,755	1,245
Book Value Per Share	5.87	6.53	9.30	9.11	5.76
Tangible Book Value	2,850	3,205	4,729	4,582	2,300
Tangible Book Value Per Share	5.08	5.71	8.42	8.16	5.12
Buildings	-	1,792	1,747	826.76	506.68
Machinery	-	1,934	1,602	1,051	478.35
Construction In Progress	-	363	790.7	569.42	314.56

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