SHA:688199 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	-	564.48	545.85	444.72	351.09
Short-Term Investments	-	-	-	50.3	783.42
Trading Asset Securities	-	240.85	421.57	627.63	100.29
Cash & Short-Term Investments	873.12	805.34	967.42	1,123	1,235
Cash Growth	8.42%	-16.75%	-13.83%	-9.08%	-31.33%
Accounts Receivable	-	423.26	381.46	336.84	408.53
Other Receivables	-	21.75	31.5	13.99	6.87
Receivables	-	445.01	412.96	350.84	415.5
Inventory	-	351.01	309.82	376.4	359.09
Other Current Assets	-	40.7	34.6	46.37	73.28
Total Current Assets	-	1,642	1,725	1,896	2,083
Property, Plant & Equipment	-	1,861	1,725	1,620	1,188
Long-Term Investments	-	237.33	244.15	239.06	199.33
Goodwill	-	39.72	48.21	54.29	63.28
Other Intangible Assets	-	179.27	187.76	216.36	195.15
Long-Term Deferred Tax Assets	-	6.52	7.42	13.19	12.62
Long-Term Deferred Charges	-	18.73	13.37	15.83	16.5
Other Long-Term Assets	-	27.06	35.05	51.2	104.79
Total Assets	-	4,011	3,986	4,106	3,863
Accounts Payable	-	132.56	104.02	156.13	161.28
Accrued Expenses	-	39.02	30.83	36.9	38.29
Short-Term Debt	-	555.68	486.47	494.56	454.09
Current Portion of Long-Term Debt	-	95.38	88.12	58.85	5.11
Current Portion of Leases	-	25.08	21.43	2.4	2.21
Current Income Taxes Payable	-	3.28	3.18	8.71	7.89
Current Unearned Revenue	-	6.68	2.96	1.82	6.96
Other Current Liabilities	-	199.73	186	171.17	147.26
Total Current Liabilities	-	1,057	923.01	930.55	823.09
Long-Term Debt	-	200.7	230.75	303.4	159.25
Long-Term Leases	-	58.65	68.74	0.69	3.1
Long-Term Unearned Revenue	-	20.18	21.75	20.47	21.1
Long-Term Deferred Tax Liabilities	-	13.37	15.77	23.27	17.43
Other Long-Term Liabilities	-	2.79	1.87	0.85	0.39
Total Liabilities	-	1,353	1,262	1,279	1,024
Common Stock	-	161.23	111.23	111.23	111.23
Additional Paid-In Capital	-	1,866	2,044	2,042	2,041
Retained Earnings	-	505.48	559.24	655.38	666.17
Treasury Stock	-	-15	-137.65	-127.67	-127.67
Comprehensive Income & Other	-	38.72	44.11	41.67	43.32
Total Common Equity	2,567	2,557	2,621	2,722	2,734
Minority Interest	-	101.42	102.99	104.26	104.59
Shareholders' Equity	2,695	2,658	2,724	2,827	2,838
Total Liabilities & Equity	-	4,011	3,986	4,106	3,863
Total Debt	1,116	935.48	895.5	859.91	623.76
Net Cash (Debt)	-243.31	-130.14	71.92	262.74	611.03
Net Cash Growth	-	-	-72.63%	-57.00%	-51.72%
Net Cash Per Share	-1.49	-0.80	0.45	1.63	3.79
Filing Date Shares Outstanding	245.47	169.05	160.62	161.52	161.52
Total Common Shares Outstanding	245.47	169.05	160.62	161.52	161.52
Working Capital	-	584.66	801.79	965.7	1,260
Book Value Per Share	24.20	15.12	16.32	16.85	16.92
Tangible Book Value	2,322	2,338	2,385	2,452	2,475
Tangible Book Value Per Share	21.89	13.83	14.85	15.18	15.32
Buildings	-	756.11	697.39	603.59	339.65
Machinery	-	1,345	926.19	733.03	570.71
Construction In Progress	-	328.08	570.25	683.08	603.79

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