SHA:688166 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	1,342	961.06	765.35	998.05	1,180	336.84
Trading Asset Securities	-	-	-	50.62	50.12	0.76
Cash & Short-Term Investments	1,342	961.06	765.35	1,049	1,230	337.6
Cash Growth	81.44%	25.57%	-27.02%	-14.78%	264.48%	-35.02%
Accounts Receivable	403.85	330.02	339.5	308.88	307.47	373.85
Other Receivables	2.61	9.13	6.66	19.91	18.78	3.75
Receivables	406.46	339.14	346.17	328.79	326.25	377.59
Inventory	333.08	364.25	364.61	344.63	280.35	200.06
Prepaid Expenses	-	-	-	3.65	5.83	4.48
Other Current Assets	120.34	124.04	164.14	114	95.39	73.27
Total Current Assets	2,202	1,789	1,640	1,840	1,938	993.01
Property, Plant & Equipment	2,790	2,752	2,705	2,489	2,076	1,378
Long-Term Investments	280.11	671.08	437.06	425.86	399.33	348.28
Goodwill	-	-	3.12	7.5	7.5	7.5
Other Intangible Assets	77.59	79.53	89.48	93.66	81.64	80.84
Long-Term Accounts Receivable	-	4.1	2.1	-	-	-
Long-Term Deferred Tax Assets	117.75	94.68	62.2	42.28	23.94	19.86
Long-Term Deferred Charges	414.82	339.19	57.49	30.18	26.87	25.83
Other Long-Term Assets	622.94	95.42	156.03	104.09	107.73	115.86
Total Assets	6,505	5,825	5,153	5,032	4,661	2,970

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	125.86	185.89	266	228.18	252.19	211.89
Accrued Expenses	34.32	82.97	72.01	72.31	69.04	61.72
Short-Term Debt	75.04	110.11	115.26	156.87	124.38	257.05
Current Portion of Long-Term Debt	-	775.1	516.96	397.93	313.87	16.58
Current Portion of Leases	-	8.83	13.69	16.1	1.34	9.87
Current Income Taxes Payable	-	10.61	16.68	14.04	14.97	3.69
Current Unearned Revenue	33.05	25.56	28.02	24	29.49	20.33
Other Current Liabilities	709.98	81.23	23.76	12.81	6.26	1.93
Total Current Liabilities	978.26	1,280	1,052	922.25	811.52	583.07
Long-Term Debt	1,812	1,490	1,580	1,615	1,576	618.69
Long-Term Leases	22.16	10.21	10.21	21.01	6.01	0.22
Long-Term Unearned Revenue	63.34	167.58	84.71	26.25	26	26
Other Long-Term Liabilities	199.6	30.3	-	29.82	-	-
Total Liabilities	3,075	2,979	2,727	2,614	2,420	1,228

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	435.79	423.1	422.47	422.47	422.47	410
Additional Paid-In Capital	1,601	1,076	982.36	1,057	1,008	738.94
Retained Earnings	1,156	1,066	1,046	897.66	743.35	555.05
Treasury Stock	-20.05	-20.05	-10.01	-	-	-
Comprehensive Income & Other	-119.9	-24.21	-57.82	-8.64	17.77	-25.8
Total Common Equity	3,052	2,521	2,383	2,369	2,192	1,678
Minority Interest	378.04	325.01	42.73	48.97	50.04	63.45
Shareholders' Equity	3,430	2,846	2,426	2,418	2,242	1,742
Total Liabilities & Equity	6,505	5,825	5,153	5,032	4,661	2,970

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	1,909	2,395	2,236	2,207	2,022	902.42
Net Cash (Debt)	-566.43	-1,433	-1,470	-1,158	-791.15	-564.82
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.36	-3.42	-3.50	-2.75	-1.91	-1.39
Filing Date Shares Outstanding	377.21	422.54	422.11	422.1	422.47	410
Total Common Shares Outstanding	377.21	422.54	422.11	422.47	422.47	410
Working Capital	1,224	508.2	587.89	917.49	1,127	409.94
Book Value Per Share	8.09	5.97	5.65	5.61	5.19	4.09
Tangible Book Value	2,975	2,442	2,291	2,267	2,103	1,590
Tangible Book Value Per Share	7.89	5.78	5.43	5.37	4.98	3.88
Buildings	-	745.28	728.65	261.26	273.4	104.72
Machinery	-	1,271	1,122	704.8	318.41	287.37
Construction In Progress	-	1,187	1,167	1,736	1,666	1,131