SHA:688165 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	Sep '26 Sep 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	-	715.07	787.65	615.24	338.8	424.3
Trading Asset Securities	-	115.55	98.38	6.33	435.39	440.96
Cash & Short-Term Investments	888.66	830.62	886.03	621.57	774.19	865.26
Cash Growth	6.01%	-6.25%	42.55%	-19.71%	-10.53%	-16.25%
Accounts Receivable	-	1,013	1,214	1,157	1,090	889.97
Other Receivables	-	58.65	121.22	130.32	28.75	16.31
Receivables	-	1,072	1,335	1,287	1,119	906.29
Inventory	-	246.16	260.6	276.17	322.12	251.83
Other Current Assets	-	85.88	98.05	92.9	125.3	112.71
Total Current Assets	-	2,234	2,580	2,278	2,340	2,136
Property, Plant & Equipment	-	338.09	284.38	266.74	287.01	296.33
Long-Term Investments	-	136.68	223.49	272.25	96.29	88.29
Goodwill	-	99.03	191.02	199.37	259.27	252.25
Other Intangible Assets	-	106.87	115.29	130.58	165.55	175.02
Long-Term Accounts Receivable	-	-	-	-	-	0
Long-Term Deferred Tax Assets	-	296.52	230.04	175.32	176.33	122.75
Long-Term Deferred Charges	-	3.3	1.89	1.59	1.15	0.48
Other Long-Term Assets	-	18.75	13.76	15.77	-	6.28
Total Assets	-	3,234	3,640	3,340	3,326	3,077

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	-	403.93	496.28	417.05	375.76	251.57
Accrued Expenses	-	150.7	123.37	137.52	153.84	129.09
Short-Term Debt	-	71.95	128.17	356.86	426.83	339.6
Current Portion of Long-Term Debt	-	356.75	214.23	100.7	121.9	71.67
Current Portion of Leases	-	10.04	7.56	11.08	9.49	10.68
Current Income Taxes Payable	-	5.01	32.62	9.07	1.34	2.35
Current Unearned Revenue	-	74.09	96.57	86.9	142.7	67.4
Other Current Liabilities	-	114.77	98.72	57.07	78.73	54.92
Total Current Liabilities	-	1,187	1,198	1,176	1,311	927.27
Long-Term Debt	-	630.71	584.67	185.08	77.77	93.15
Long-Term Leases	-	4.55	9.8	12.16	28.09	30.37
Long-Term Unearned Revenue	-	114.05	96.01	89.89	78.34	46.97
Pension & Post-Retirement Benefits	-	33.72	31.37	35.41	31.77	43.34
Long-Term Deferred Tax Liabilities	-	12.13	29.76	36.38	42.02	43.86
Other Long-Term Liabilities	-	-	-	-	-	8.52
Total Liabilities	-	1,982	1,949	1,535	1,569	1,193

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	-	521.78	521.78	521.78	521.78	521.78
Additional Paid-In Capital	-	2,069	2,051	2,039	2,037	2,032
Retained Earnings	-	-1,403	-906.26	-749.1	-701.66	-528.79
Comprehensive Income & Other	-	30.37	-53.95	-12.23	-106.02	-148.6
Total Common Equity	1,164	1,218	1,612	1,799	1,751	1,876
Minority Interest	-	33.53	78.12	5.3	6.11	7.71
Shareholders' Equity	1,216	1,251	1,690	1,804	1,757	1,884
Total Liabilities & Equity	-	3,234	3,640	3,340	3,326	3,077

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	1,140	1,074	944.43	665.89	664.08	545.47
Net Cash (Debt)	-251.74	-243.38	-58.4	-44.32	110.11	319.79
Net Cash Growth	-	-	-	-	-65.57%	-48.59%
Net Cash Per Share	-0.47	-0.47	-0.11	-0.08	0.21	0.61
Filing Date Shares Outstanding	578.92	521.78	521.78	521.78	521.78	521.78
Total Common Shares Outstanding	578.92	521.78	521.78	521.78	521.78	521.78
Working Capital	-	1,047	1,382	1,102	1,030	1,209
Book Value Per Share	2.23	2.33	3.09	3.45	3.36	3.60
Tangible Book Value	969.24	1,012	1,306	1,469	1,326	1,449
Tangible Book Value Per Share	1.86	1.94	2.50	2.82	2.54	2.78
Land	-	30.31	32.68	34.12	32.64	31.37
Buildings	-	173.06	183.48	184.03	193.76	191.76
Machinery	-	264.85	216.3	183.01	207.53	196.56
Construction In Progress	-	50.33	8.37	7.66	2.18	4.7