SHA:688161 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	1,033	1,373	1,723	1,860	2,717	2,560
Short-Term Investments	1,435	1,614	1,326	1,219	1,195	1,091
Trading Asset Securities	446.41	306.15	90.54	-	-	10
Cash & Short-Term Investments	2,914	3,294	3,140	3,080	3,912	3,660
Cash Growth	-11.63%	4.89%	1.95%	-21.27%	6.88%	128.57%
Accounts Receivable	397.77	352.84	295.74	361.99	620.13	427.29
Other Receivables	2.93	3.16	14.05	2.2	2.89	1.57
Receivables	400.7	356	309.79	364.18	623.02	428.86
Inventory	623.21	589.3	686.59	753.78	666.62	564.9
Other Current Assets	67.28	69.6	54.72	66.15	47.46	44.89
Total Current Assets	4,005	4,308	4,191	4,264	5,249	4,699
Property, Plant & Equipment	405.57	422.94	433.16	471.22	441.56	417.46
Long-Term Investments	24.55	24.2	-	-	-	-
Goodwill	96.84	34.36	34.47	34.71	-	-
Other Intangible Assets	132.08	90.35	99.74	113.78	100.56	100.05
Long-Term Deferred Tax Assets	72.05	69.67	79.8	81.86	64.93	64.46
Long-Term Deferred Charges	88.25	97.41	75.44	100.01	96.68	92.77
Other Long-Term Assets	380.09	13.7	34.42	31.05	63	29.66
Total Assets	5,204	5,061	4,948	5,097	6,016	5,403

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	210.81	176.47	179.45	194.59	159.68	349.19
Accrued Expenses	246.3	257.97	217.46	277.59	426.81	134.47
Current Portion of Leases	7.85	9.04	4.89	4.72	4.49	4.88
Current Income Taxes Payable	15.86	14.48	17.83	6.9	34.31	35.06
Current Unearned Revenue	40.04	34.81	36.61	91.98	46.11	28.09
Other Current Liabilities	400.92	370.54	402.21	510.74	217.49	181.93
Total Current Liabilities	926.91	863.31	858.44	1,087	888.89	733.63
Long-Term Leases	6.29	8.56	1.54	5.88	9.53	12.37
Long-Term Unearned Revenue	28.24	28.47	27.53	28.89	30.53	38.05
Long-Term Deferred Tax Liabilities	13.66	1.33	10.91	13.03	10.64	11.08
Other Long-Term Liabilities	-	-	86.36	88.14	70.05	70.51
Total Liabilities	975.1	901.67	984.79	1,222	1,010	865.64

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	400	400	400	400	400	400
Additional Paid-In Capital	1,361	1,347	1,318	1,318	2,367	2,349
Retained Earnings	2,514	2,477	2,316	2,188	2,239	1,783
Treasury Stock	-80.01	-80.01	-80.01	-36.53	-	-
Total Common Equity	4,195	4,145	3,954	3,869	5,006	4,532
Minority Interest	34.04	14.89	9.73	5.2	0.15	6.09
Shareholders' Equity	4,229	4,159	3,963	3,874	5,006	4,538
Total Liabilities & Equity	5,204	5,061	4,948	5,097	6,016	5,403

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	19.28	17.6	6.43	10.6	14.02	17.25
Net Cash (Debt)	2,895	3,276	3,133	3,069	3,898	3,643
Net Cash Growth	-12.10%	4.55%	2.09%	-21.26%	7.00%	127.49%
Net Cash Per Share	7.26	8.17	7.84	7.65	9.73	9.60
Filing Date Shares Outstanding	397.29	397.29	397.29	399.08	400	400
Total Common Shares Outstanding	397.29	397.29	397.29	399.08	400	400
Working Capital	3,078	3,445	3,333	3,177	4,360	3,965
Book Value Per Share	10.56	10.43	9.95	9.69	12.51	11.33
Tangible Book Value	3,966	4,020	3,819	3,720	4,905	4,431
Tangible Book Value Per Share	9.98	10.12	9.61	9.32	12.26	11.08
Buildings	313.47	313.47	313.47	318.41	254.32	254.32
Machinery	598.76	593.13	597.59	584.24	564.87	488.23
Construction In Progress	19.03	18.51	-	-	-	-