SHA:688161 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	1,723	1,860	2,717	2,560
Short-Term Investments	-	1,326	1,219	1,195	1,091
Trading Asset Securities	-	90.54	-	-	10
Cash & Short-Term Investments	1,835	3,140	3,080	3,912	3,660
Cash Growth	-41.56%	1.95%	-21.27%	6.88%	128.57%
Accounts Receivable	-	295.74	361.99	620.13	427.29
Other Receivables	-	14.05	2.2	2.89	1.57
Receivables	-	309.79	364.18	623.02	428.86
Inventory	-	686.59	753.78	666.62	564.9
Other Current Assets	-	54.72	66.15	47.46	44.89
Total Current Assets	-	4,191	4,264	5,249	4,699
Property, Plant & Equipment	-	433.16	471.22	441.56	417.46
Goodwill	-	34.47	34.71	-	-
Other Intangible Assets	-	99.74	113.78	100.56	100.05
Long-Term Deferred Tax Assets	-	79.8	81.86	64.93	64.46
Long-Term Deferred Charges	-	75.44	100.01	96.68	92.77
Other Long-Term Assets	-	34.42	31.05	63	29.66
Total Assets	-	4,948	5,097	6,016	5,403
Accounts Payable	-	179.45	194.59	159.68	349.19
Accrued Expenses	-	217.46	277.59	426.81	134.47
Current Portion of Leases	-	4.89	4.72	4.49	4.88
Current Income Taxes Payable	-	17.83	6.9	34.31	35.06
Current Unearned Revenue	-	36.61	91.98	46.11	28.09
Other Current Liabilities	-	402.21	510.74	217.49	181.93
Total Current Liabilities	-	858.44	1,087	888.89	733.63
Long-Term Leases	-	1.54	5.88	9.53	12.37
Long-Term Unearned Revenue	-	27.53	28.89	30.53	38.05
Long-Term Deferred Tax Liabilities	-	10.91	13.03	10.64	11.08
Other Long-Term Liabilities	-	86.36	88.14	70.05	70.51
Total Liabilities	-	984.79	1,222	1,010	865.64
Common Stock	-	400	400	400	400
Additional Paid-In Capital	-	1,318	1,318	2,367	2,349
Retained Earnings	-	2,316	2,188	2,239	1,783
Treasury Stock	-	-80.01	-36.53	-	-
Total Common Equity	4,073	3,954	3,869	5,006	4,532
Minority Interest	-	9.73	5.2	0.15	6.09
Shareholders' Equity	4,087	3,963	3,874	5,006	4,538
Total Liabilities & Equity	-	4,948	5,097	6,016	5,403
Total Debt	2.61	6.43	10.6	14.02	17.25
Net Cash (Debt)	1,832	3,133	3,069	3,898	3,643
Net Cash Growth	-41.53%	2.09%	-21.26%	7.00%	127.49%
Net Cash Per Share	4.60	7.84	7.65	9.73	9.60
Filing Date Shares Outstanding	395.3	397.29	399.08	400	400
Total Common Shares Outstanding	395.3	397.29	399.08	400	400
Working Capital	-	3,333	3,177	4,360	3,965
Book Value Per Share	10.25	9.95	9.69	12.51	11.33
Tangible Book Value	3,947	3,819	3,720	4,905	4,431
Tangible Book Value Per Share	9.93	9.61	9.32	12.26	11.08
Buildings	-	313.47	318.41	254.32	254.32
Machinery	-	597.59	584.24	564.87	488.23

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