SHA:688066 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	123.6	179.67	1,068	1,719	1,018
Trading Asset Securities	-	-	-	-	20
Cash & Short-Term Investments	123.6	179.67	1,068	1,719	1,038
Cash Growth	-31.20%	-83.17%	-37.87%	65.61%	36.62%
Accounts Receivable	1,032	1,784	2,138	2,090	1,226
Other Receivables	56.28	79.93	91.46	67.73	54.11
Receivables	1,088	1,864	2,229	2,158	1,280
Inventory	447.34	885.51	1,608	839.34	290.01
Other Current Assets	38.32	75.54	66.19	59.76	58.02
Total Current Assets	1,697	3,005	4,971	4,776	2,666
Property, Plant & Equipment	740.38	825.97	932.77	660.86	468.27
Long-Term Investments	289.95	244.38	246.23	44.12	23.58
Other Intangible Assets	134.07	117.22	51.13	55.08	36.75
Long-Term Accounts Receivable	-	50.94	36.36	48.45	27.38
Long-Term Deferred Tax Assets	90.39	266.22	113.92	65.17	29.78
Long-Term Deferred Charges	18.21	30.74	53.73	46.87	15.9
Other Long-Term Assets	125.6	232.83	72.41	294.46	197.91
Total Assets	3,096	4,773	6,477	5,991	3,465
Accounts Payable	700.33	776.99	627.23	486.99	202.99
Accrued Expenses	424.83	149.9	100.02	140.8	74.43
Short-Term Debt	193.28	515.22	1,330	869.05	352.77
Current Portion of Long-Term Debt	178.36	43.09	37.05	19.29	13.3
Current Portion of Leases	-	105.51	130.63	57	26.7
Current Income Taxes Payable	27.18	0.67	0.17	10.13	15.4
Current Unearned Revenue	204.28	388.42	366.75	266.45	185.85
Other Current Liabilities	707.8	167.8	140.55	142.48	91.5
Total Current Liabilities	2,436	2,148	2,733	1,992	962.94
Long-Term Debt	1,128	1,182	1,082	1,066	149.7
Long-Term Leases	14	151.8	249.83	87.67	47.61
Long-Term Unearned Revenue	79.76	74.08	77.77	104.45	37.54
Long-Term Deferred Tax Liabilities	10.52	17.15	27.53	30.31	4.19
Other Long-Term Liabilities	94.01	0.22	0.22	0.22	-
Total Liabilities	3,762	3,573	4,170	3,281	1,202
Common Stock	261.28	261.28	261.19	185.64	184.43
Additional Paid-In Capital	1,537	1,590	1,604	1,642	1,545
Retained Earnings	-2,873	-1,013	380.12	778.46	531.81
Treasury Stock	-51.99	-51.99	-51.99	-	-
Comprehensive Income & Other	90.15	90.01	90.04	90.23	0.09
Total Common Equity	-1,036	876.26	2,283	2,696	2,262
Minority Interest	369.99	323.5	23.55	13.66	1.6
Shareholders' Equity	-666.28	1,200	2,307	2,710	2,263
Total Liabilities & Equity	3,096	4,773	6,477	5,991	3,465
Total Debt	1,513	1,998	2,830	2,099	590.08
Net Cash (Debt)	-1,390	-1,818	-1,762	-380.23	447.67
Net Cash Growth	-	-	-	-	-31.32%
Net Cash Per Share	-5.12	-6.96	-7.68	-1.47	1.81
Filing Date Shares Outstanding	259.72	260.18	261.19	259.89	258.2
Total Common Shares Outstanding	259.72	260.18	261.19	259.89	258.2
Working Capital	-738.76	857.19	2,238	2,783	1,703
Book Value Per Share	-3.99	3.37	8.74	10.37	8.76
Tangible Book Value	-1,170	759.04	2,232	2,641	2,225
Tangible Book Value Per Share	-4.51	2.92	8.55	10.16	8.62
Buildings	-	383.02	383.02	380.13	335.83
Machinery	-	357.9	310.39	179.45	83.87
Construction In Progress	-	-	4.26	17.68	4.68

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