SHA:688201 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	58.54	165.36	117.87	178.72	184.94	105.79
Trading Asset Securities	67.14	36.01	38.39	20.05	26.31	173.89
Cash & Short-Term Investments	125.68	201.37	156.26	198.77	211.24	279.68
Cash Growth	16.35%	28.87%	-21.39%	-5.90%	-24.47%	68.80%
Accounts Receivable	438.73	422.09	391.31	412.33	385.41	247.09
Other Receivables	5.56	12.66	4.46	13.86	13.9	30.13
Receivables	444.29	434.75	395.77	426.19	399.31	277.21
Inventory	141.52	122.8	116.43	103.88	77.51	65.21
Other Current Assets	29.88	18.13	24.68	23.78	13.12	2.87
Total Current Assets	741.37	777.05	693.14	752.63	701.19	624.97
Property, Plant & Equipment	432.49	445.61	465.92	492.53	511.38	465.56
Long-Term Investments	15.18	15.44	15.05	2.46	2.35	2.69
Goodwill	272.89	272.89	272.89	272.89	83.01	83.01
Other Intangible Assets	22.42	25.39	25.7	30.21	16	16.79
Long-Term Accounts Receivable	-	6.78	4.78	3.97	3	4.38
Long-Term Deferred Tax Assets	48.18	47.91	35.01	28.39	10.21	8.91
Long-Term Deferred Charges	2.07	2.2	2.22	2.47	1.63	2.34
Other Long-Term Assets	6.18	1.07	-	-	-	-
Total Assets	1,541	1,594	1,515	1,586	1,329	1,209

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	99.87	111.02	72.94	66.31	71.86	63.24
Accrued Expenses	33.19	64.47	72.77	74.11	70.88	64.51
Short-Term Debt	40.36	31.36	-	-	4.19	14.93
Current Portion of Long-Term Debt	3.07	-	-	-	-	-
Current Portion of Leases	-	2.87	3.84	4.44	2.21	4.26
Current Income Taxes Payable	14.66	6.02	6.32	2.08	3.95	9.21
Current Unearned Revenue	17.13	15.55	30.85	28.31	10.34	12.96
Other Current Liabilities	11.98	3.61	4.77	0.62	0.82	3.31
Total Current Liabilities	220.27	234.9	191.49	175.86	164.26	172.43
Long-Term Leases	2.8	3.17	1.71	2.52	1.54	3.23
Long-Term Unearned Revenue	3.78	9.25	7.3	6.08	5.86	4.5
Long-Term Deferred Tax Liabilities	2.15	2.41	2.97	3.64	4.29	2.07
Other Long-Term Liabilities	3.14	-	0.53	-	-	-
Total Liabilities	232.13	249.72	203.99	188.1	175.95	182.23

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	317.15	317.15	317.15	215.01	137.83	93.13
Additional Paid-In Capital	658.22	650.85	646.75	758.7	568.46	604.13
Retained Earnings	342.92	371.35	350.81	405.01	446.53	329.17
Treasury Stock	-46.66	-30.2	-30.2	-	-	-
Total Common Equity	1,272	1,309	1,285	1,379	1,153	1,026
Minority Interest	37.01	35.47	26.2	18.74	-	-
Shareholders' Equity	1,309	1,345	1,311	1,397	1,153	1,026
Total Liabilities & Equity	1,541	1,594	1,515	1,586	1,329	1,209

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	46.23	37.4	5.54	6.96	7.95	22.42
Net Cash (Debt)	79.44	163.98	150.72	191.81	203.3	257.26
Net Cash Growth	-24.13%	8.80%	-21.43%	-5.65%	-20.97%	55.27%
Net Cash Per Share	0.25	0.51	0.48	0.62	0.67	0.93
Filing Date Shares Outstanding	316.25	314.96	314.96	315.36	301.9	301.9
Total Common Shares Outstanding	316.25	314.96	314.96	318.21	301.9	301.9
Working Capital	521.11	542.15	501.65	576.77	536.93	452.55
Book Value Per Share	4.02	4.16	4.08	4.33	3.82	3.40
Tangible Book Value	976.33	1,011	985.93	1,076	1,054	926.63
Tangible Book Value Per Share	3.09	3.21	3.13	3.38	3.49	3.07
Buildings	-	458.9	458.9	458.9	456.52	438.53
Machinery	-	110.95	107.41	106.87	104.15	54.81