SHA:688103 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	380.82	776.58	747.59	822.34	380.01	505.85
Trading Asset Securities	374	-	-	-	-	0.17
Cash & Short-Term Investments	754.82	776.58	747.59	822.34	380.01	506.02
Cash Growth	12.22%	3.88%	-9.09%	116.40%	-24.90%	54.94%
Accounts Receivable	896.46	894.96	572.5	468.68	429.89	261.52
Other Receivables	6.43	2.94	3.33	4.54	4.17	4.82
Receivables	902.89	897.9	575.83	473.22	434.05	266.34
Inventory	395.49	354.47	271.15	209.89	177.51	142.47
Other Current Assets	26.28	20.64	8.05	9.16	13.3	9.74
Total Current Assets	2,079	2,050	1,603	1,515	1,005	924.57
Property, Plant & Equipment	400.56	370.6	359.37	343.94	294.07	198.77
Long-Term Investments	176.15	171.51	191.01	154.43	136.79	121.73
Goodwill	-	-	-	-	-	0.56
Other Intangible Assets	19.5	15.91	18.03	20.27	12.76	12.7
Long-Term Accounts Receivable	-	-	13.48	2.26	1.98	2.68
Long-Term Deferred Tax Assets	22.72	23.23	21.54	21.29	22.25	21.11
Long-Term Deferred Charges	0.45	0.12	0.24	0.79	0.99	1.21
Other Long-Term Assets	54.02	47.73	7.57	1.23	16.16	4.37
Total Assets	2,753	2,679	2,214	2,059	1,490	1,288

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	861.65	840.87	509.7	419.46	353.18	223.11
Accrued Expenses	21.17	32.6	22.42	20.39	32.06	19.97
Short-Term Debt	77	2.94	-	5.47	3.2	5
Current Portion of Long-Term Debt	2.26	2.88	1.33	0.8	2.01	2.3
Current Portion of Leases	-	-	0.33	0.18	-	-
Current Income Taxes Payable	9	7.2	0.65	0.02	0.48	0.65
Current Unearned Revenue	19.54	41.74	31.41	4.75	6.2	14.54
Other Current Liabilities	8.24	40.41	10.44	12.34	48.6	54.65
Total Current Liabilities	998.86	968.64	576.29	463.41	445.71	320.23
Long-Term Debt	500.56	513.83	468.37	449	-	2
Long-Term Leases	0.03	0.06	0.08	0.19	-	-
Long-Term Unearned Revenue	38.07	22.79	6.72	3.31	0.96	3.85
Long-Term Deferred Tax Liabilities	6.65	12	16.94	12.03	7.09	9.73
Other Long-Term Liabilities	15	15	0.71	-	2.48	-
Total Liabilities	1,559	1,532	1,069	927.94	456.24	335.82

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	95.32	95.32	95.32	95.93	95.39	95.39
Additional Paid-In Capital	482.6	478.03	479.49	499.78	483.65	471.33
Retained Earnings	523.82	484.04	433.62	425.45	387.49	332.11
Treasury Stock	-30.94	-30.94	-	-	-	-
Comprehensive Income & Other	117.61	115.94	130.21	104.07	58.08	45.14
Total Common Equity	1,188	1,142	1,139	1,125	1,025	943.98
Minority Interest	5.32	4	6.11	5.65	9.02	7.92
Shareholders' Equity	1,194	1,146	1,145	1,131	1,034	951.89
Total Liabilities & Equity	2,753	2,679	2,214	2,059	1,490	1,288

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	579.85	519.71	470.12	455.64	5.2	9.3
Net Cash (Debt)	174.97	256.86	277.47	366.69	374.8	496.71
Net Cash Growth	10.30%	-7.42%	-24.33%	-2.16%	-24.54%	73.48%
Net Cash Per Share	1.85	2.70	2.94	3.83	3.91	6.40
Filing Date Shares Outstanding	93.26	92.55	95.32	95.93	95.39	95.39
Total Common Shares Outstanding	93.26	92.55	95.32	95.93	95.39	95.39
Working Capital	1,081	1,081	1,026	1,051	559.15	604.35
Book Value Per Share	12.74	12.34	11.95	11.73	10.74	9.90
Tangible Book Value	1,169	1,126	1,121	1,105	1,012	930.72
Tangible Book Value Per Share	12.53	12.17	11.76	11.52	10.61	9.76
Buildings	-	-	175.32	171.26	171.3	57.47
Machinery	-	-	328.17	298.89	169.92	133.56
Construction In Progress	-	-	28.39	11.51	65.26	107.05