SHA:688090 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	593.53	444.27	460.33	446.79	478.35	469.48
Cash & Short-Term Investments	593.53	444.27	460.33	446.79	478.35	469.48
Cash Growth	36.10%	-3.49%	3.03%	-6.60%	1.89%	-13.73%
Accounts Receivable	425.85	453.28	444.8	496.98	534.92	509.35
Other Receivables	16.53	7.91	5.09	3.94	5.92	10.48
Receivables	442.38	461.19	449.89	500.92	540.84	519.83
Inventory	312.52	258.7	210.89	273.06	258.15	208.51
Other Current Assets	85.49	29.14	26.61	15.48	44.48	38.34
Total Current Assets	1,434	1,193	1,148	1,236	1,322	1,236
Property, Plant & Equipment	282.9	287.84	316.31	321.55	337.71	347.85
Long-Term Investments	59.99	60.33	48.18	49.29	39.98	4.99
Other Intangible Assets	51.87	53.41	54.89	58.68	63.04	61.64
Long-Term Accounts Receivable	-	-	-	-	-	10.57
Long-Term Deferred Tax Assets	17.1	14.74	15.36	14.74	12.25	11.25
Long-Term Deferred Charges	1.18	1.41	0.85	0.29	0.2	0.35
Other Long-Term Assets	38.39	55.01	11.06	8.98	0.98	2.56
Total Assets	1,885	1,666	1,594	1,690	1,776	1,675
Accounts Payable	391.34	369.46	283.62	351.45	439.2	295.01
Accrued Expenses	14.43	28.62	31.95	38.64	29.28	23.48
Short-Term Debt	114.45	71.33	85.96	106.08	143.22	128.67
Current Portion of Long-Term Debt	7.58	7.69	27.06	4.03	4.25	4.26
Current Portion of Leases	-	-	3.03	2.3	2.98	2.06
Current Income Taxes Payable	13.57	3.76	1.35	0.96	3.12	1.99
Current Unearned Revenue	307.47	167.59	157.29	165.45	111.34	130.51
Other Current Liabilities	21.7	22.08	31.87	36.38	97.47	38.85
Total Current Liabilities	870.54	670.53	622.13	705.29	830.88	624.83
Long-Term Debt	49.03	49.53	26	24	14.78	19
Long-Term Leases	1.28	2.13	5.64	5.21	7.37	3.68
Long-Term Unearned Revenue	19.92	19.8	23.64	28.67	34.44	36.74
Long-Term Deferred Tax Liabilities	-	-	-	-	-	7.42
Other Long-Term Liabilities	0.03	0.39	0.01	0.01	0.01	-
Total Liabilities	940.8	742.38	677.42	763.18	887.48	691.66
Common Stock	122.37	122.37	94.19	67.36	67.36	67.36
Additional Paid-In Capital	608.8	607.75	633.45	663.71	664.14	661.83
Retained Earnings	201.79	181.21	179.06	182.57	142.04	214.87
Treasury Stock	-7.61	-7.61	-7.61	-12.3	-3.98	-
Total Common Equity	925.36	903.72	899.09	901.33	869.56	944.06
Minority Interest	19.19	19.94	17.85	25.26	18.93	39.65
Shareholders' Equity	944.55	923.66	916.94	926.59	888.49	983.72
Total Liabilities & Equity	1,885	1,666	1,594	1,690	1,776	1,675
Total Debt	172.35	130.68	147.69	141.62	172.6	157.66
Net Cash (Debt)	421.18	313.58	312.64	305.17	305.75	311.82
Net Cash Growth	57.16%	0.30%	2.45%	-0.19%	-1.94%	-22.04%
Net Cash Per Share	3.18	2.44	2.57	2.53	2.49	2.75
Filing Date Shares Outstanding	121.07	145.27	122.09	121.78	122.15	122.6
Total Common Shares Outstanding	121.07	145.27	122.09	121.78	122.32	122.6
Working Capital	563.39	522.76	525.58	530.96	490.93	611.33
Book Value Per Share	7.64	6.22	7.36	7.40	7.11	7.70
Tangible Book Value	873.49	850.31	844.2	842.66	806.52	882.42
Tangible Book Value Per Share	7.21	5.85	6.91	6.92	6.59	7.20
Buildings	-	-	298.44	298.44	298.44	298.44
Machinery	-	-	112.11	110.53	105.43	101.39
Construction In Progress	-	-	1.56	0.43	0.09	2.4

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