SHA:688201 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	81.09	165.36	117.87	178.72	184.94	105.79
Trading Asset Securities	54.53	36.01	38.39	20.05	26.31	173.89
Cash & Short-Term Investments	135.62	201.37	156.26	198.77	211.24	279.68
Cash Growth	27.31%	28.87%	-21.39%	-5.90%	-24.47%	68.80%
Accounts Receivable	432.83	422.09	391.31	412.33	385.41	247.09
Other Receivables	5.68	4.32	4.46	13.86	13.9	30.13
Receivables	438.51	426.41	395.77	426.19	399.31	277.21
Inventory	134.23	122.8	116.43	103.88	77.51	65.21
Other Current Assets	15.95	26.47	24.68	23.78	13.12	2.87
Total Current Assets	724.31	777.05	693.14	752.63	701.19	624.97
Property, Plant & Equipment	437.83	445.61	465.92	492.53	511.38	465.56
Long-Term Investments	15.22	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	24.28	25.39	25.7	30.21	16	16.79
Long-Term Accounts Receivable	-	-	4.78	3.97	3	4.38
Long-Term Deferred Tax Assets	48.1	47.91	35.01	28.39	10.21	8.91
Long-Term Deferred Charges	2.27	2.2	2.22	2.47	1.63	2.34
Other Long-Term Assets	9.18	7.85	-	-	-	-
Total Assets	1,534	1,594	1,515	1,586	1,329	1,209
Accounts Payable	78.59	111.02	72.94	66.31	71.86	63.24
Accrued Expenses	36.85	45.82	72.77	74.11	70.88	64.51
Short-Term Debt	29.86	31.36	-	-	4.19	14.93
Current Portion of Long-Term Debt	2.06	2.87	-	-	-	-
Current Portion of Leases	-	-	3.84	4.44	2.21	4.26
Current Income Taxes Payable	16.33	20.73	6.32	2.08	3.95	9.21
Current Unearned Revenue	20.81	15.55	30.85	28.31	10.34	12.96
Other Current Liabilities	6.5	7.55	4.77	0.62	0.82	3.31
Total Current Liabilities	191	234.9	191.49	175.86	164.26	172.43
Long-Term Leases	2.63	3.17	1.71	2.52	1.54	3.23
Long-Term Unearned Revenue	4.22	4.41	7.3	6.08	5.86	4.5
Long-Term Deferred Tax Liabilities	2.31	2.41	2.97	3.64	4.29	2.07
Other Long-Term Liabilities	1.86	4.83	0.53	-	-	-
Total Liabilities	202.03	249.72	203.99	188.1	175.95	182.23
Common Stock	317.15	317.15	317.15	215.01	137.83	93.13
Additional Paid-In Capital	652.29	650.85	646.75	758.7	568.46	604.13
Retained Earnings	357.01	371.35	350.81	405.01	446.53	329.17
Treasury Stock	-30.2	-30.2	-30.2	-	-	-
Total Common Equity	1,296	1,309	1,285	1,379	1,153	1,026
Minority Interest	35.83	35.47	26.2	18.74	-	-
Shareholders' Equity	1,332	1,345	1,311	1,397	1,153	1,026
Total Liabilities & Equity	1,534	1,594	1,515	1,586	1,329	1,209
Total Debt	34.55	37.4	5.54	6.96	7.95	22.42
Net Cash (Debt)	101.07	163.98	150.72	191.81	203.3	257.26
Net Cash Growth	-1.52%	8.80%	-21.43%	-5.65%	-20.97%	55.27%
Net Cash Per Share	0.32	0.51	0.48	0.62	0.67	0.93
Filing Date Shares Outstanding	317.35	315.46	314.96	315.36	301.9	301.9
Total Common Shares Outstanding	317.35	315.46	314.96	318.21	301.9	301.9
Working Capital	533.31	542.15	501.65	576.77	536.93	452.55
Book Value Per Share	4.08	4.15	4.08	4.33	3.82	3.40
Tangible Book Value	999.08	1,011	985.93	1,076	1,054	926.63
Tangible Book Value Per Share	3.15	3.20	3.13	3.38	3.49	3.07
Buildings	-	-	458.9	458.9	456.52	438.53
Machinery	-	-	107.41	106.87	104.15	54.81

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