SHA:688100 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	1,545	1,828	1,629	1,570	1,712
Trading Asset Securities	-	50	120	30	1.04
Cash & Short-Term Investments	1,545	1,878	1,749	1,600	1,713
Cash Growth	-17.73%	7.36%	9.31%	-6.58%	10.95%
Accounts Receivable	2,754	1,982	1,532	1,383	1,123
Other Receivables	9.32	8.53	14.02	12.64	10.96
Receivables	2,763	1,991	1,546	1,396	1,134
Inventory	309.27	341.96	309.63	262.92	237.17
Other Current Assets	114.77	118.78	113.35	138.9	159.82
Total Current Assets	4,733	4,330	3,718	3,398	3,244
Property, Plant & Equipment	498.98	290.42	269.7	260.16	252.25
Long-Term Investments	180.21	86.61	72.07	61.8	31.6
Other Intangible Assets	124.22	110.96	70.9	67.22	68.76
Long-Term Accounts Receivable	-	3.4	6.94	10.64	-
Long-Term Deferred Tax Assets	35.09	29.18	24.95	23.6	16.87
Long-Term Deferred Charges	14.59	7.66	12.14	15.01	8.07
Other Long-Term Assets	104.38	99.13	82.53	82.03	89.89
Total Assets	5,690	4,957	4,258	3,918	3,711
Accounts Payable	1,773	1,287	1,034	927.69	904.49
Accrued Expenses	125.53	89.86	83.41	83.18	68.39
Short-Term Debt	-	-	10.98	23.51	20.08
Current Portion of Leases	2.16	3.61	-	-	1.8
Current Income Taxes Payable	67.48	63.93	54.84	44.99	28.8
Current Unearned Revenue	30.97	29.76	31.93	38.3	37.33
Other Current Liabilities	124.19	106.28	49.28	28.7	5.23
Total Current Liabilities	2,124	1,581	1,265	1,146	1,066
Long-Term Leases	1.58	4.22	-	-	-
Long-Term Unearned Revenue	10.76	3.12	-	1.21	1.75
Long-Term Deferred Tax Liabilities	14.6	14.32	13.76	10.02	8.74
Other Long-Term Liabilities	-	3.43	7.02	10.76	-
Total Liabilities	2,150	1,606	1,286	1,168	1,077
Common Stock	491.69	491.69	500	500	500
Additional Paid-In Capital	887.54	873.96	1,092	1,092	1,092
Retained Earnings	2,353	2,063	1,644	1,281	1,011
Treasury Stock	-196.56	-77.68	-299.05	-157.12	-
Comprehensive Income & Other	4.2	0.66	-0.01	-	-
Total Common Equity	3,540	3,351	2,936	2,715	2,603
Minority Interest	-	-	35.73	34.64	32.11
Shareholders' Equity	3,540	3,351	2,972	2,750	2,635
Total Liabilities & Equity	5,690	4,957	4,258	3,918	3,711
Total Debt	3.74	7.83	10.98	23.51	21.88
Net Cash (Debt)	1,541	1,870	1,738	1,577	1,691
Net Cash Growth	-17.59%	7.59%	10.24%	-6.76%	10.27%
Net Cash Per Share	3.15	3.80	3.54	3.15	3.37
Filing Date Shares Outstanding	491.69	478.67	487.69	492.2	500
Total Common Shares Outstanding	491.69	478.67	487.69	493.12	500
Working Capital	2,609	2,749	2,453	2,251	2,178
Book Value Per Share	7.20	7.00	6.02	5.51	5.21
Tangible Book Value	3,415	3,240	2,865	2,648	2,534
Tangible Book Value Per Share	6.95	6.77	5.88	5.37	5.07
Buildings	453.43	243.35	227.01	227.01	227.01
Machinery	213.77	196.81	187.45	156.23	127.81
Construction In Progress	17.41	6.15	-	3.08	6.08

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.