SHA:688178 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	-	121.51	144.34	295.2	376.55
Short-Term Investments	-	10.89	-	-	-
Trading Asset Securities	-	20.07	60.43	86.42	15.01
Cash & Short-Term Investments	157.3	152.47	204.76	381.62	391.56
Cash Growth	3.16%	-25.54%	-46.34%	-2.54%	-29.72%
Accounts Receivable	-	857.41	1,024	1,209	1,248
Other Receivables	-	18.82	25.8	28.63	19.24
Receivables	-	876.23	1,049	1,238	1,267
Inventory	-	48.63	50.11	12.69	33.68
Prepaid Expenses	-	-	-	0.65	-
Other Current Assets	-	48.5	90.41	25.74	24.71
Total Current Assets	-	1,126	1,395	1,658	1,717
Property, Plant & Equipment	-	178.4	231.79	242.05	195.94
Long-Term Investments	-	11.42	27.76	33.2	35.55
Goodwill	-	0.79	0.79	0.05	-
Other Intangible Assets	-	471.72	403.23	134.34	99.54
Long-Term Deferred Tax Assets	-	56.27	46.53	26.2	19.27
Long-Term Deferred Charges	-	33.55	35.96	29.55	33.79
Other Long-Term Assets	-	197.71	47.54	27.65	41.71
Total Assets	-	2,076	2,188	2,152	2,143
Accounts Payable	-	370.3	444.41	406.89	477.09
Accrued Expenses	-	29.99	40.81	39.17	55.01
Short-Term Debt	-	140.76	194.96	232.51	209.62
Current Portion of Long-Term Debt	-	25.98	37.36	4.06	6.73
Current Portion of Leases	-	0.77	0.72	-	1.24
Current Income Taxes Payable	-	0.32	0.38	0.24	7.38
Current Unearned Revenue	-	24.49	22.83	49.11	83.31
Other Current Liabilities	-	89.85	118.02	103.86	57.7
Total Current Liabilities	-	682.46	859.5	835.84	898.08
Long-Term Debt	-	277.35	138.5	36	10
Long-Term Leases	-	0.68	0.51	-	0.42
Long-Term Unearned Revenue	-	30.31	31.01	31	31.23
Long-Term Deferred Tax Liabilities	-	1.72	4.03	3.69	0
Other Long-Term Liabilities	-	11.32	12.17	4.26	6.2
Total Liabilities	-	1,004	1,046	910.8	945.94
Common Stock	-	85.13	85.28	85.25	85
Additional Paid-In Capital	-	675.46	679.7	677.98	674.85
Retained Earnings	-	276.25	350.45	459.25	436.89
Treasury Stock	-	-1.39	-2.83	-2.51	-
Comprehensive Income & Other	-	-2.55	-2.41	-	-
Total Common Equity	996.01	1,033	1,110	1,220	1,197
Minority Interest	-	38.94	32.4	20.75	0
Shareholders' Equity	1,032	1,072	1,143	1,241	1,197
Total Liabilities & Equity	-	2,076	2,188	2,152	2,143
Total Debt	511.01	445.55	372.05	272.57	228.01
Net Cash (Debt)	-353.71	-293.08	-167.28	109.05	163.55
Net Cash Growth	-	-	-	-33.32%	-69.44%
Net Cash Per Share	-4.16	-3.45	-1.97	1.28	1.92
Filing Date Shares Outstanding	85	85.13	85.28	85.25	85
Total Common Shares Outstanding	85	85.13	85.28	85.25	85
Working Capital	-	443.36	535.21	822.63	818.8
Book Value Per Share	11.72	12.13	13.02	14.31	14.08
Tangible Book Value	284.18	560.39	706.17	1,086	1,097
Tangible Book Value Per Share	3.34	6.58	8.28	12.73	12.91
Buildings	-	126.04	126.04	126.04	85.83
Machinery	-	144.28	185.01	141.25	108.5
Construction In Progress	-	16.94	13.15	33.76	38.96

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