SHA:688039 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	-	128.59	288.15	420.71	877.74
Trading Asset Securities	-	45.09	-	-	25.05
Cash & Short-Term Investments	156.7	173.68	288.15	420.71	902.78
Cash Growth	-9.78%	-39.73%	-31.51%	-53.40%	-17.57%
Accounts Receivable	-	348.53	386.84	363.39	483.93
Other Receivables	-	16.82	17.96	17.12	9.29
Receivables	-	365.35	404.8	380.51	493.22
Inventory	-	33.68	40.78	54.8	60.89
Other Current Assets	-	31.17	49.3	57.54	24.54
Total Current Assets	-	603.88	783.02	913.55	1,481
Property, Plant & Equipment	-	460.1	433.39	347.04	117.69
Long-Term Investments	-	283.2	278.45	274.13	116.17
Goodwill	-	-	-	1.88	14.66
Other Intangible Assets	-	36.78	48.93	55.92	48.05
Long-Term Accounts Receivable	-	-	-	-	6.16
Long-Term Deferred Tax Assets	-	68.42	48.01	26.88	10.7
Long-Term Deferred Charges	-	6.51	5.69	6.28	-
Other Long-Term Assets	-	-	-	-	1.97
Total Assets	-	1,459	1,597	1,626	1,797
Accounts Payable	-	106.79	103.74	120.02	178.6
Accrued Expenses	-	12.5	15.81	13.87	29.77
Short-Term Debt	-	94.76	159.8	49.1	15.78
Current Portion of Long-Term Debt	-	-	-	26.52	-
Current Portion of Leases	-	7.01	5.14	3	1.78
Current Income Taxes Payable	-	0	0	0	5.8
Current Unearned Revenue	-	3.43	2.01	4.35	1.75
Other Current Liabilities	-	33.5	42.98	27.91	20.52
Total Current Liabilities	-	257.99	329.48	244.76	253.99
Long-Term Debt	-	-	-	-	6.24
Long-Term Leases	-	42.68	11.45	3.42	2.88
Long-Term Unearned Revenue	-	-	-	1.84	-
Long-Term Deferred Tax Liabilities	-	0	0.2	2.42	1.62
Total Liabilities	-	300.67	341.13	252.44	264.72
Common Stock	-	111.92	111.92	80.32	80.32
Additional Paid-In Capital	-	1,150	1,150	1,160	1,155
Retained Earnings	-	-79.44	22.76	160.95	279.68
Treasury Stock	-	-49.96	-49.96	-49.96	-
Comprehensive Income & Other	-	23	13.68	13.06	16.95
Total Common Equity	1,111	1,155	1,248	1,364	1,532
Minority Interest	-	2.85	7.88	8.8	-
Shareholders' Equity	1,108	1,158	1,256	1,373	1,532
Total Liabilities & Equity	-	1,459	1,597	1,626	1,797
Total Debt	245.02	144.45	176.39	82.04	26.67
Net Cash (Debt)	-88.32	29.23	111.76	338.67	876.12
Net Cash Growth	-	-73.84%	-67.00%	-61.34%	-20.00%
Net Cash Per Share	-0.80	0.26	1.01	3.02	7.85
Filing Date Shares Outstanding	118.63	110.6	110.6	110.6	112.44
Total Common Shares Outstanding	111.92	110.6	110.6	110.6	112.44
Working Capital	-	345.89	453.54	668.79	1,227
Book Value Per Share	9.93	10.45	11.29	12.34	13.63
Tangible Book Value	1,085	1,119	1,200	1,307	1,469
Tangible Book Value Per Share	9.70	10.11	10.85	11.81	13.07
Buildings	-	361.6	360.65	-	-
Machinery	-	100.89	85.36	60.21	25.43
Construction In Progress	-	0.19	4.06	295.22	95.97

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