SHA:688039 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	96.64	242.33	128.59	288.15	420.71	877.74
Trading Asset Securities	30.07	20.18	45.09	-	-	25.05
Cash & Short-Term Investments	126.71	262.51	173.68	288.15	420.71	902.78
Cash Growth	-19.14%	51.15%	-39.73%	-31.51%	-53.40%	-17.57%
Accounts Receivable	263.86	306.48	348.53	386.84	363.39	483.93
Other Receivables	11.61	16.53	16.82	17.96	17.12	9.29
Receivables	275.47	323.01	365.35	404.8	380.51	493.22
Inventory	73.64	68.43	33.68	40.78	54.8	60.89
Other Current Assets	55.14	24.31	31.17	49.3	57.54	24.54
Total Current Assets	530.97	678.26	603.88	783.02	913.55	1,481
Property, Plant & Equipment	329.8	374.9	460.1	433.39	347.04	117.69
Long-Term Investments	289.96	290.68	283.2	278.45	274.13	116.17
Goodwill	-	-	-	-	1.88	14.66
Other Intangible Assets	28.55	22.8	36.78	48.93	55.92	48.05
Long-Term Accounts Receivable	-	-	-	-	-	6.16
Long-Term Deferred Tax Assets	89.97	80.73	68.42	48.01	26.88	10.7
Long-Term Deferred Charges	1.96	3.67	6.51	5.69	6.28	-
Other Long-Term Assets	59.26	60.43	-	-	-	1.97
Total Assets	1,330	1,511	1,459	1,597	1,626	1,797

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Accounts Payable	135.87	169.95	106.79	103.74	120.02	178.6
Accrued Expenses	0.24	12.13	7.67	15.81	13.87	29.77
Short-Term Debt	139.28	152.63	94.76	159.8	49.1	15.78
Current Portion of Long-Term Debt	9.21	-	-	-	26.52	-
Current Portion of Leases	-	12.61	7.01	5.14	3	1.78
Current Income Taxes Payable	1.2	0	0	0	0	5.8
Current Unearned Revenue	6.81	12.49	3.43	2.01	4.35	1.75
Other Current Liabilities	14.86	36.41	38.33	42.98	27.91	20.52
Total Current Liabilities	307.46	396.23	257.99	329.48	244.76	253.99
Long-Term Debt	-	-	-	-	-	6.24
Long-Term Leases	37.07	63.14	42.68	11.45	3.42	2.88
Long-Term Unearned Revenue	1.51	1.53	-	-	1.84	-
Long-Term Deferred Tax Liabilities	-	0	0	0.2	2.42	1.62
Total Liabilities	346.05	460.9	300.67	341.13	252.44	264.72

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Common Stock	110.6	110.6	111.92	111.92	80.32	80.32
Additional Paid-In Capital	1,079	1,080	1,150	1,150	1,160	1,155
Retained Earnings	-236.09	-170.75	-79.44	22.76	160.95	279.68
Treasury Stock	-	-	-49.96	-49.96	-49.96	-
Comprehensive Income & Other	40.51	35.31	23	13.68	13.06	16.95
Total Common Equity	994.37	1,055	1,155	1,248	1,364	1,532
Minority Interest	-9.96	-4.44	2.85	7.88	8.8	-
Shareholders' Equity	984.41	1,051	1,158	1,256	1,373	1,532
Total Liabilities & Equity	1,330	1,511	1,459	1,597	1,626	1,797

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Total Debt	185.56	228.38	144.45	176.39	82.04	26.67
Net Cash (Debt)	-58.84	34.13	29.23	111.76	338.67	876.12
Net Cash Growth	-	16.77%	-73.84%	-67.00%	-61.34%	-20.00%
Net Cash Per Share	-0.53	0.31	0.26	1.01	3.02	7.85
Filing Date Shares Outstanding	111.17	110.6	110.6	110.6	110.6	112.44
Total Common Shares Outstanding	111.17	110.6	110.6	110.6	110.6	112.44
Working Capital	223.51	282.03	345.89	453.54	668.79	1,227
Book Value Per Share	8.94	9.54	10.45	11.29	12.34	13.63
Tangible Book Value	965.83	1,032	1,119	1,200	1,307	1,469
Tangible Book Value Per Share	8.69	9.33	10.11	10.85	11.81	13.07
Buildings	-	238.64	361.6	360.65	-	-
Machinery	-	119.64	100.89	85.36	60.21	25.43
Construction In Progress	-	7.64	0.19	4.06	295.22	95.97