SHA:688077 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	-	196.55	242.82	413.82	293.22
Short-Term Investments	-	64.35	40	-	-
Trading Asset Securities	-	91.93	40.84	141.06	142.28
Cash & Short-Term Investments	392.04	352.83	323.66	554.88	435.5
Cash Growth	11.11%	9.01%	-41.67%	27.41%	-9.22%
Accounts Receivable	-	471.88	465.91	670.29	618.05
Other Receivables	-	1.69	1.77	2.87	3.08
Receivables	-	473.57	467.68	673.17	621.13
Inventory	-	476.6	357.11	586.69	484.25
Prepaid Expenses	-	0.27	0.05	1.45	0.05
Other Current Assets	-	49.65	17.14	11.45	19.91
Total Current Assets	-	1,353	1,166	1,828	1,561
Property, Plant & Equipment	-	887.53	886.93	708.33	477.87
Long-Term Investments	-	103.49	99.57	137.72	85.96
Goodwill	-	5.63	7.35	2.92	2.92
Other Intangible Assets	-	90.04	91.7	92.58	40.91
Long-Term Deferred Tax Assets	-	57.44	40.33	20.73	17.85
Long-Term Deferred Charges	-	0.48	0.73	0.69	1.28
Other Long-Term Assets	-	38.07	14.43	26.4	30.8
Total Assets	-	2,536	2,307	2,817	2,218
Accounts Payable	-	179.51	128.93	449.99	562
Accrued Expenses	-	64.87	61.73	63.97	58.6
Short-Term Debt	-	593.19	516.63	745.08	328.22
Current Portion of Long-Term Debt	-	26.16	45.39	36.81	13.68
Current Portion of Leases	-	4.26	4.31	3.23	0.03
Current Income Taxes Payable	-	9.01	0.15	1.54	4.92
Current Unearned Revenue	-	2.38	1.28	4.15	3.92
Other Current Liabilities	-	131.71	147.23	41.64	34.53
Total Current Liabilities	-	1,011	905.64	1,346	1,006
Long-Term Debt	-	232.82	149.57	146.3	54.4
Long-Term Leases	-	5.83	9.88	9.39	-
Long-Term Unearned Revenue	-	198.26	117.68	97.94	66.84
Long-Term Deferred Tax Liabilities	-	-	-	-	4.39
Total Liabilities	-	1,448	1,183	1,600	1,132
Common Stock	-	114.48	113.12	80.78	80
Additional Paid-In Capital	-	527.86	509.87	534.47	502.46
Retained Earnings	-	484.2	472.31	563.58	466.64
Treasury Stock	-	-62.21	-	-	-
Comprehensive Income & Other	-	-0.77	0.23	0.05	-0.07
Total Common Equity	1,086	1,064	1,096	1,179	1,049
Minority Interest	-	24.06	28.37	38.12	37.86
Shareholders' Equity	1,109	1,088	1,124	1,217	1,087
Total Liabilities & Equity	-	2,536	2,307	2,817	2,218
Total Debt	964.09	862.26	725.77	940.8	396.33
Net Cash (Debt)	-572.05	-509.43	-402.11	-385.92	39.17
Net Cash Growth	-	-	-	-	-91.19%
Net Cash Per Share	-5.04	-4.48	-3.57	-3.40	0.35
Filing Date Shares Outstanding	112.81	110.41	113.12	113.09	112
Total Common Shares Outstanding	110.41	110.43	113.12	113.09	112
Working Capital	-	341.85	260	481.25	554.93
Book Value Per Share	9.83	9.63	9.68	10.42	9.37
Tangible Book Value	991.4	967.89	996.48	1,083	1,005
Tangible Book Value Per Share	8.98	8.76	8.81	9.58	8.98
Buildings	-	531.74	411.16	199.62	190.78
Machinery	-	652.61	571.6	424.7	378.15
Construction In Progress	-	31.27	164.1	283.33	92.64

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