SHA:688112 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	1,259	1,286	1,227	1,308	1,279	1,282
Short-Term Investments	-	-	-	0.71	-	-
Cash & Short-Term Investments	1,259	1,286	1,227	1,309	1,279	1,282
Cash Growth	1.29%	4.83%	-6.30%	2.37%	-0.22%	1062.46%
Accounts Receivable	101.57	98.75	75.04	66.14	85.56	47.94
Other Receivables	1.07	0.97	2.64	2.79	2.08	1.77
Receivables	102.64	99.71	77.68	68.92	87.63	49.71
Inventory	255.66	214.94	237.37	206.88	155.67	100.45
Other Current Assets	49.6	39.27	20.18	16.77	21.46	13.97
Total Current Assets	1,667	1,640	1,562	1,602	1,543	1,446
Property, Plant & Equipment	77.32	75.81	81.95	45.36	39.13	19.02
Other Intangible Assets	5.34	5.51	4.75	0.11	0.04	0.11
Long-Term Deferred Tax Assets	18.29	17.22	11.73	8.85	10.27	3.41
Long-Term Deferred Charges	19.58	17.49	9.5	1.87	1.87	0.64
Other Long-Term Assets	6.74	5.44	7.46	5.11	5.09	0.87
Total Assets	1,794	1,761	1,677	1,663	1,600	1,470
Accounts Payable	75.65	51.3	43.53	36.34	44.15	39
Accrued Expenses	18.11	51.84	35.22	30.16	25.03	16.71
Current Portion of Leases	-	12.56	11.74	5.86	6.36	3.67
Current Income Taxes Payable	9.75	0.98	3.45	4.81	12.17	4.57
Current Unearned Revenue	5.92	7.75	6.09	7.06	4.17	3.69
Other Current Liabilities	2.2	4.63	5.34	2.85	1.2	0.45
Total Current Liabilities	123.8	129.07	105.37	87.1	93.07	68.1
Long-Term Leases	24.87	23.94	32.51	9.13	15.15	5.57
Long-Term Unearned Revenue	3.36	3.76	6.03	4.56	4.18	4.7
Total Liabilities	152.03	156.76	143.91	100.79	112.4	78.37
Common Stock	159.6	159.6	159.2	159.2	106.67	106.67
Additional Paid-In Capital	1,104	1,103	1,094	1,096	1,139	1,136
Retained Earnings	377.03	338.69	277.29	305.28	240.68	149.91
Comprehensive Income & Other	1.7	2.68	2.3	1.83	1.54	-1.26
Shareholders' Equity	1,642	1,604	1,533	1,562	1,487	1,391
Total Liabilities & Equity	1,794	1,761	1,677	1,663	1,600	1,470
Total Debt	37.04	36.49	44.25	15	21.51	9.25
Net Cash (Debt)	1,222	1,249	1,182	1,294	1,257	1,272
Net Cash Growth	1.68%	5.66%	-8.63%	2.93%	-1.19%	1054.07%
Net Cash Per Share	7.67	7.89	7.38	8.17	7.95	10.43
Filing Date Shares Outstanding	159.76	159.6	159.2	159.2	158.93	158.93
Total Common Shares Outstanding	159.76	159.6	159.2	159.2	158.93	158.93
Working Capital	1,543	1,511	1,456	1,514	1,450	1,378
Book Value Per Share	10.28	10.05	9.63	9.81	9.36	8.75
Tangible Book Value	1,637	1,599	1,529	1,562	1,487	1,391
Tangible Book Value Per Share	10.24	10.02	9.60	9.81	9.36	8.75
Machinery	-	83.19	68.38	49.99	30.4	18.67

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