SHA:688153 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	2,799	2,787	2,713	3,119	2,536	381.15
Trading Asset Securities	190.11	220.11	-	-	99.81	-
Cash & Short-Term Investments	2,989	3,007	2,713	3,119	2,635	381.15
Cash Growth	3.10%	10.82%	-13.02%	18.37%	591.42%	-26.49%
Accounts Receivable	264.04	385.41	411.42	509.04	153.76	200.59
Other Receivables	5.83	5.83	26.72	26.45	6.21	17.1
Receivables	269.87	391.24	438.13	535.49	159.97	217.69
Inventory	633.77	489.55	777.42	652.21	985.53	1,074
Prepaid Expenses	-	-	-	-	7.72	-
Other Current Assets	97.23	61.62	26.21	27.75	6.43	68.36
Total Current Assets	3,990	3,949	3,955	4,335	3,795	1,741
Property, Plant & Equipment	468.37	472.05	293.75	330.17	297.3	209.61
Long-Term Investments	155.27	142.85	71.85	66.09	13.85	-
Other Intangible Assets	40.7	41.82	36.33	37.9	38.91	26.08
Long-Term Deferred Tax Assets	33.19	33.28	18.73	12.88	7.13	4.19
Long-Term Deferred Charges	63.51	67.41	73	26.85	41.83	45.94
Other Long-Term Assets	16.81	22.9	141.38	10.48	30.62	12.4
Total Assets	4,767	4,729	4,590	4,819	4,225	2,039
Accounts Payable	407.13	306.64	77.63	324.66	80.63	412.23
Accrued Expenses	41.54	67.89	113.1	238.07	64.91	243.31
Short-Term Debt	182.1	182.67	301.76	108.07	177.21	38.82
Current Portion of Long-Term Debt	10.9	8.47	-	-	-	55.8
Current Portion of Leases	-	-	12.71	14.82	10.24	8.95
Current Income Taxes Payable	4.16	7.89	-	31.66	16.76	40.22
Current Unearned Revenue	16.33	10.97	6.7	8.66	5.78	25.04
Other Current Liabilities	6.16	5.14	38.47	22.12	9.63	37.37
Total Current Liabilities	668.33	589.68	550.37	748.05	365.16	861.74
Long-Term Debt	17.92	17.92	-	-	-	52.25
Long-Term Leases	42.7	34.19	20.3	9.61	14.09	12.25
Long-Term Unearned Revenue	14.44	16.05	24.11	24.88	11.6	14.34
Long-Term Deferred Tax Liabilities	4.07	5.12	3.18	2.11	1.83	-
Other Long-Term Liabilities	43	43	-	-	-	-
Total Liabilities	790.46	705.95	597.96	784.65	392.68	940.57
Common Stock	430.31	430.31	430	418.17	408.62	360
Additional Paid-In Capital	3,730	3,723	3,699	3,650	3,571	942.71
Retained Earnings	-85.15	-37.02	-80.44	-37.37	-149.66	-203.05
Treasury Stock	-119.99	-119.99	-72.36	-	-	-
Comprehensive Income & Other	22.24	27.13	15.36	3.98	2.16	-0.85
Shareholders' Equity	3,977	4,023	3,992	4,035	3,832	1,099
Total Liabilities & Equity	4,767	4,729	4,590	4,819	4,225	2,039
Total Debt	253.62	243.25	334.77	132.5	201.54	168.06
Net Cash (Debt)	2,735	2,763	2,378	2,987	2,434	213.09
Net Cash Growth	6.65%	16.19%	-20.37%	22.73%	1042.15%	-51.36%
Net Cash Per Share	6.32	6.33	6.01	7.18	6.38	0.59
Filing Date Shares Outstanding	437.59	455.66	430	418.17	408.62	400.08
Total Common Shares Outstanding	437.59	455.66	430	418.17	408.62	360
Working Capital	3,321	3,359	3,405	3,587	3,430	879.42
Book Value Per Share	9.09	8.83	9.28	9.65	9.38	3.05
Tangible Book Value	3,936	3,982	3,956	3,997	3,793	1,073
Tangible Book Value Per Share	9.00	8.74	9.20	9.56	9.28	2.98
Machinery	-	-	528.44	491.11	381.72	244.95

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