SHA:688159 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	531.16	741.98	239.05	171.34	226.96	180.59
Trading Asset Securities	0.01	0.01	-	-	10.01	50.18
Cash & Short-Term Investments	531.17	741.99	239.05	171.34	236.97	230.77
Cash Growth	21.84%	210.39%	39.52%	-27.70%	2.69%	-29.12%
Accounts Receivable	648.8	593.27	640.23	423.29	415.31	554.54
Other Receivables	16.6	101.24	32.37	34.74	49.51	52.15
Receivables	665.39	694.51	672.6	458.03	464.82	606.69
Inventory	429.91	259.26	165.56	379.48	200.82	226.98
Prepaid Expenses	-	0.64	-	-	-	-
Other Current Assets	943.9	355.46	262.74	85.83	39.04	58.47
Total Current Assets	2,570	2,052	1,340	1,095	941.65	1,123
Property, Plant & Equipment	155.44	158.98	134.75	162.65	148.29	161.11
Long-Term Investments	28.35	29.39	26.38	27.62	26.99	25
Other Intangible Assets	78.13	83.79	73.59	71.88	59.12	46.52
Long-Term Deferred Tax Assets	76.68	78.71	71.57	72.89	57.56	36.74
Long-Term Deferred Charges	45.98	43.33	62.63	75.04	63.53	56.68
Other Long-Term Assets	59.81	60.16	65.16	64.47	70.07	53.38
Total Assets	3,015	2,506	1,774	1,569	1,367	1,502
Accounts Payable	571.34	396.93	249.55	272	289.4	325.89
Accrued Expenses	8.84	15.92	14.41	17.58	25.1	20.14
Short-Term Debt	522.63	684.8	547.37	397.99	225.23	273.15
Current Portion of Long-Term Debt	199.17	119.51	-	-	-	-
Current Portion of Leases	-	4.52	5.6	4.4	2.9	3.49
Current Income Taxes Payable	2.59	0.02	0.1	-	-	-
Current Unearned Revenue	99	97.28	29.76	8.9	17.53	8.45
Other Current Liabilities	171.52	53.53	68.76	96.42	20.02	25.82
Total Current Liabilities	1,575	1,373	915.55	797.29	580.16	656.95
Long-Term Debt	495.5	224.3	-	-	-	-
Long-Term Leases	7.36	11.08	0.68	21.45	5.51	9
Long-Term Unearned Revenue	1.11	1.21	2.65	2.93	5.12	-
Long-Term Deferred Tax Liabilities	2.26	2.36	0.84	0.62	0	0.98
Total Liabilities	2,081	1,611	919.72	822.29	590.79	666.93
Common Stock	92.91	92.91	91.99	92.13	91.68	91.68
Additional Paid-In Capital	725.94	717.15	695.73	687.23	672.92	674.57
Retained Earnings	119.39	89.18	71.03	-29.01	9.29	66.22
Treasury Stock	-2.02	-2.02	-3.53	-5.04	-	-
Comprehensive Income & Other	-	-	-	-0.2	-	-
Total Common Equity	936.23	897.22	855.23	745.11	773.89	832.47
Minority Interest	-2.8	-2.45	-0.92	1.84	2.53	2.93
Shareholders' Equity	933.43	894.77	854.31	746.95	776.42	835.39
Total Liabilities & Equity	3,015	2,506	1,774	1,569	1,367	1,502
Total Debt	1,225	1,044	553.65	423.84	233.63	285.64
Net Cash (Debt)	-693.49	-302.21	-314.6	-252.5	3.34	-54.87
Net Cash Per Share	-7.35	-3.21	-3.42	-2.76	0.04	-0.60
Filing Date Shares Outstanding	92.69	92.91	91.99	92.13	91.68	91.68
Total Common Shares Outstanding	92.69	92.91	91.99	92.13	91.68	91.68
Working Capital	995.29	679.35	424.41	297.41	361.48	465.96
Book Value Per Share	10.10	9.66	9.30	8.09	8.44	9.08
Tangible Book Value	858.1	813.43	781.64	673.23	714.76	785.94
Tangible Book Value Per Share	9.26	8.76	8.50	7.31	7.80	8.57
Buildings	-	127.64	123.88	126.01	122.72	134.63
Machinery	-	65.58	46.63	44.79	40.09	28.61
Construction In Progress	-	1.75	0.37	1.91	3.22	4.37

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