SHA:688186 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	363.2	796.99	811.51	570.6	1,479	781.71
Trading Asset Securities	-	-	-	-	0.06	32.65
Cash & Short-Term Investments	363.2	796.99	811.51	570.6	1,479	814.36
Cash Growth	-84.49%	-1.79%	42.22%	-61.42%	81.64%	81.25%
Accounts Receivable	3,182	3,036	2,246	2,229	1,886	1,194
Other Receivables	12.14	9.37	10.68	10.79	13.71	21.59
Receivables	3,194	3,045	2,256	2,240	1,899	1,230
Inventory	2,842	2,662	2,353	2,028	1,976	1,508
Prepaid Expenses	-	0.19	0.19	0.19	0.19	0.54
Other Current Assets	101.24	83.84	116.11	118.91	249.76	185.15
Total Current Assets	6,500	6,588	5,537	4,958	5,605	3,738
Property, Plant & Equipment	5,391	5,194	5,253	5,035	4,334	3,253
Goodwill	21.31	21.31	21.31	21.31	24.39	24.39
Other Intangible Assets	501.64	512.66	525.89	537.9	402.05	395.37
Long-Term Accounts Receivable	-	17.21	22.42	-	-	-
Long-Term Deferred Tax Assets	65.1	45.08	54.44	53.7	44.56	27.94
Long-Term Deferred Charges	53.55	40.43	29.11	32.42	30.32	31.99
Other Long-Term Assets	31	18.83	20.46	22.09	23.73	25.36
Total Assets	12,564	12,438	11,464	10,660	10,464	7,496

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	2,937	2,537	2,473	2,346	2,624	1,907
Accrued Expenses	23	43.34	33.51	42.19	27.6	35.44
Short-Term Debt	1,112	1,020	874.08	674.76	809.3	1,106
Current Portion of Long-Term Debt	630.42	683.44	496.31	277.17	455.58	371.48
Current Portion of Leases	-	-	-	-	-	6.71
Current Income Taxes Payable	19.76	5.03	6.66	1.78	14.1	6.91
Current Unearned Revenue	23.37	9.73	53.31	18.21	14.12	10.63
Other Current Liabilities	203.7	181.66	152.56	24.16	17.82	12.81
Total Current Liabilities	4,950	4,480	4,089	3,384	3,963	3,457
Long-Term Debt	2,558	2,776	3,333	3,344	2,672	568.78
Long-Term Leases	-	-	-	-	17.16	14.38
Long-Term Unearned Revenue	37.52	68.59	44.94	44.26	42.8	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.69	0.99
Other Long-Term Liabilities	36.81	-	-	-	-	-
Total Liabilities	7,582	7,325	7,467	6,772	6,695	4,041

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	280.49	280.49	214.24	214.24	214.24	214.24
Additional Paid-In Capital	3,885	3,885	2,457	2,457	2,457	2,457
Retained Earnings	785.82	802.58	673.17	582.1	483.6	434.22
Treasury Stock	-423.54	-285.86	-	-	-	-
Comprehensive Income & Other	43.06	37.77	282.97	279.33	273.76	20.07
Total Common Equity	4,570	4,720	3,627	3,533	3,429	3,125
Minority Interest	411.5	393.66	369.09	355.21	339.72	329.77
Shareholders' Equity	4,982	5,113	3,996	3,888	3,768	3,455
Total Liabilities & Equity	12,564	12,438	11,464	10,660	10,464	7,496

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	4,301	4,480	4,704	4,295	3,954	2,067
Net Cash (Debt)	-3,938	-3,683	-3,892	-3,725	-2,475	-1,253
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-14.60	-15.92	-16.64	-16.03	-11.54	-6.76
Filing Date Shares Outstanding	220.65	267.76	214.24	214.24	214.24	214.24
Total Common Shares Outstanding	220.65	267.76	214.24	214.24	214.24	214.24
Working Capital	1,551	2,108	1,448	1,573	1,642	281.17
Book Value Per Share	20.71	17.63	16.93	16.49	16.00	14.59
Tangible Book Value	4,048	4,186	3,080	2,973	3,002	2,706
Tangible Book Value Per Share	18.34	15.63	14.38	13.88	14.01	12.63
Buildings	-	1,967	1,955	1,852	1,199	1,004
Machinery	-	4,594	3,667	3,016	131.33	1,312
Construction In Progress	-	275.5	917.18	1,135	2,195	1,461