SHA:688160 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	96.86	455.97	176.04	355.17	409.55	399.68
Short-Term Investments	-	75.13	102.68	129.29	-	-
Trading Asset Securities	523.9	261.5	139.21	-	23.58	-
Cash & Short-Term Investments	620.76	792.6	417.94	484.46	433.13	399.68
Cash Growth	83.14%	89.64%	-13.73%	11.85%	8.37%	-22.44%
Accounts Receivable	221.6	270.82	177.74	166.76	169.51	134.42
Other Receivables	3.58	4.73	3.8	3.59	5.36	4.1
Receivables	225.18	275.55	181.54	170.35	174.87	138.51
Inventory	203.45	176.95	115.93	115.7	126.99	149.19
Other Current Assets	73.95	5.23	4.39	7.06	4.82	8.11
Total Current Assets	1,123	1,250	719.8	777.56	739.82	695.5
Property, Plant & Equipment	188.65	177.96	135.46	87.68	59.94	47.68
Long-Term Investments	0.06	0.06	0.64	0.64	0.64	0.04
Goodwill	-	-	0.03	0.03	0.03	0.03
Other Intangible Assets	19.66	19.95	19.54	18.83	12.67	5.07
Long-Term Deferred Tax Assets	8.86	8.19	11.08	11.31	9.25	6.47
Long-Term Deferred Charges	11.67	12.16	4.76	4.89	3.19	5.06
Other Long-Term Assets	158.09	161.56	131.99	50.49	71.48	19.82
Total Assets	1,510	1,630	1,023	951.43	897.02	779.66
Accounts Payable	152.59	213.15	108.29	96.21	74.27	67.09
Accrued Expenses	19.04	38.77	25.14	22.02	29.11	25.33
Short-Term Debt	-	55	80	41.63	30	-
Current Portion of Long-Term Debt	7.28	-	-	-	-	-
Current Portion of Leases	-	8.55	8.7	7.71	6.16	7.84
Current Income Taxes Payable	4.16	3.97	0.24	1.22	3.75	1.41
Current Unearned Revenue	5.56	7.49	6.1	4.4	5.92	8.19
Other Current Liabilities	5.41	4.03	2.35	1.26	1.51	1.67
Total Current Liabilities	194.03	330.96	230.83	174.45	150.71	111.53
Long-Term Leases	2.57	3.41	11.84	20.01	15.36	3.93
Long-Term Unearned Revenue	0.17	-	-	-	0.05	0.08
Long-Term Deferred Tax Liabilities	-	-	3.1	3.96	3.04	0.11
Other Long-Term Liabilities	-	-	0.36	0.95	0.98	0.85
Total Liabilities	196.77	334.38	246.12	199.37	170.15	116.5
Common Stock	90.83	90.83	84	84	84	84
Additional Paid-In Capital	847.06	842.46	374.11	372.8	370.63	370.63
Retained Earnings	375.62	362.31	315.03	291.34	264.25	198.4
Comprehensive Income & Other	0.04	0.22	0.46	0.34	0.22	-0.36
Total Common Equity	1,314	1,296	773.6	748.48	719.1	652.66
Minority Interest	-	-	3.59	3.58	7.77	10.49
Shareholders' Equity	1,314	1,296	777.19	752.06	726.87	663.16
Total Liabilities & Equity	1,510	1,630	1,023	951.43	897.02	779.66
Total Debt	9.85	66.97	100.54	69.35	51.52	11.76
Net Cash (Debt)	610.91	725.63	317.4	415.11	381.61	387.92
Net Cash Growth	100.58%	128.62%	-23.54%	8.78%	-1.63%	-24.73%
Net Cash Per Share	6.93	8.31	3.77	4.93	4.53	4.62
Filing Date Shares Outstanding	88.76	90.83	84	84	84	84
Total Common Shares Outstanding	88.76	90.83	84	84	84	84
Working Capital	929.31	919.36	488.97	603.11	589.1	583.96
Book Value Per Share	14.80	14.27	9.21	8.91	8.56	7.77
Tangible Book Value	1,294	1,276	754.03	729.62	706.4	647.56
Tangible Book Value Per Share	14.58	14.05	8.98	8.69	8.41	7.71
Buildings	-	133.89	45.79	35.6	35.6	35.6
Machinery	-	35.96	30.21	28.13	23.67	22.85
Construction In Progress	-	30.01	68.59	23.98	4.38	1.02

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