SHA:688186 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	-	811.51	570.6	1,479	781.71
Trading Asset Securities	-	-	-	0.06	32.65
Cash & Short-Term Investments	2,341	811.51	570.6	1,479	814.36
Cash Growth	188.53%	42.22%	-61.42%	81.64%	81.25%
Accounts Receivable	-	2,246	2,229	1,886	1,194
Other Receivables	-	10.68	10.79	13.71	21.59
Receivables	-	2,256	2,240	1,899	1,230
Inventory	-	2,353	2,028	1,976	1,508
Prepaid Expenses	-	0.19	0.19	0.19	0.54
Other Current Assets	-	116.11	118.91	249.76	185.15
Total Current Assets	-	5,537	4,958	5,605	3,738
Property, Plant & Equipment	-	5,253	5,035	4,334	3,253
Goodwill	-	21.31	21.31	24.39	24.39
Other Intangible Assets	-	525.89	537.9	402.05	395.37
Long-Term Accounts Receivable	-	22.42	-	-	-
Long-Term Deferred Tax Assets	-	54.44	53.7	44.56	27.94
Long-Term Deferred Charges	-	29.11	32.42	30.32	31.99
Other Long-Term Assets	-	20.46	22.09	23.73	25.36
Total Assets	-	11,464	10,660	10,464	7,496
Accounts Payable	-	2,473	2,346	2,624	1,907
Accrued Expenses	-	33.51	42.19	27.6	35.44
Short-Term Debt	-	874.08	674.76	809.3	1,106
Current Portion of Long-Term Debt	-	496.31	277.17	455.58	371.48
Current Portion of Leases	-	-	-	-	6.71
Current Income Taxes Payable	-	6.66	1.78	14.1	6.91
Current Unearned Revenue	-	53.31	18.21	14.12	10.63
Other Current Liabilities	-	152.56	24.16	17.82	12.81
Total Current Liabilities	-	4,089	3,384	3,963	3,457
Long-Term Debt	-	3,333	3,344	2,672	568.78
Long-Term Leases	-	-	-	17.16	14.38
Long-Term Unearned Revenue	-	44.94	44.26	42.8	-
Long-Term Deferred Tax Liabilities	-	-	-	0.69	0.99
Total Liabilities	-	7,467	6,772	6,695	4,041
Common Stock	-	214.24	214.24	214.24	214.24
Additional Paid-In Capital	-	2,457	2,457	2,457	2,457
Retained Earnings	-	673.17	582.1	483.6	434.22
Comprehensive Income & Other	-	282.97	279.33	273.76	20.07
Total Common Equity	4,785	3,627	3,533	3,429	3,125
Minority Interest	-	369.09	355.21	339.72	329.77
Shareholders' Equity	5,191	3,996	3,888	3,768	3,455
Total Liabilities & Equity	-	11,464	10,660	10,464	7,496
Total Debt	5,790	4,704	4,295	3,954	2,067
Net Cash (Debt)	-3,448	-3,892	-3,725	-2,475	-1,253
Net Cash Per Share	-14.95	-16.64	-16.03	-11.54	-6.76
Filing Date Shares Outstanding	237.65	214.24	214.24	214.24	214.24
Total Common Shares Outstanding	268.77	214.24	214.24	214.24	214.24
Working Capital	-	1,448	1,573	1,642	281.17
Book Value Per Share	17.80	16.93	16.49	16.00	14.59
Tangible Book Value	4,249	3,080	2,973	3,002	2,706
Tangible Book Value Per Share	15.81	14.38	13.88	14.01	12.63
Buildings	-	1,955	1,852	1,199	1,004
Machinery	-	3,667	3,016	131.33	1,312
Construction In Progress	-	917.18	1,135	2,195	1,461

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.