SHA:688207 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	369.19	442.82	1,101	1,408	1,955	219.11
Short-Term Investments	-	-	101	-	-	-
Trading Asset Securities	843.18	800.08	336.21	359.53	31.19	-
Cash & Short-Term Investments	1,212	1,243	1,539	1,768	1,986	219.11
Cash Growth	-5.58%	-19.21%	-12.96%	-11.01%	806.53%	-25.20%
Accounts Receivable	151.58	227.21	154.09	117.95	183.1	228.01
Other Receivables	7.86	3.37	3.25	4.32	2.44	2.73
Receivables	159.45	230.58	157.34	122.27	185.54	230.74
Inventory	46.25	46.47	27.4	28.73	40.84	27.01
Other Current Assets	99.01	97.32	16.59	15.42	14.54	10.98
Total Current Assets	1,517	1,617	1,740	1,934	2,227	487.84
Property, Plant & Equipment	32.52	33.61	78.12	104.63	26.12	31.87
Long-Term Investments	305.81	306.67	433.05	410.49	254.65	250.65
Goodwill	18.81	18.81	28.56	-	-	-
Other Intangible Assets	10.77	11.38	11.66	0.7	0.82	0.48
Long-Term Accounts Receivable	-	-	4.42	3.12	5	5.49
Long-Term Deferred Tax Assets	10.08	10.04	6.94	8.09	8.16	-
Long-Term Deferred Charges	5.02	5.67	10.15	4.39	2.26	-
Other Long-Term Assets	137.62	136.78	4.89	6.78	2.54	2.54
Total Assets	2,038	2,140	2,318	2,472	2,527	778.87
Accounts Payable	70.82	129.36	38.44	10.36	43.5	55.47
Accrued Expenses	12.27	23.31	67.41	59.68	71.18	52.13
Short-Term Debt	25.02	16.6	20.02	-	-	14.06
Current Portion of Long-Term Debt	7.46	6.77	-	-	-	-
Current Portion of Leases	-	-	14.71	19.18	6.8	7.73
Current Income Taxes Payable	3.6	14.98	-	-	-	-
Current Unearned Revenue	7.44	5.25	12.81	12.45	32.23	12.37
Other Current Liabilities	10.03	5.94	5.08	3.75	6.35	6.27
Total Current Liabilities	136.63	202.2	158.49	105.43	160.07	148.04
Long-Term Leases	11.25	12.31	47.92	62.75	6.82	13.09
Long-Term Deferred Tax Liabilities	1.61	1.32	1.72	-	-	-
Other Long-Term Liabilities	14.12	13.19	13.8	19.09	-	-
Total Liabilities	163.61	229.02	221.93	187.26	166.9	161.13
Common Stock	258.97	258.97	258.97	258.97	184.98	138.74
Additional Paid-In Capital	1,991	1,988	1,982	1,980	2,039	379.79
Retained Earnings	-608.43	-567.71	-381.34	-169.74	-79.41	-112.03
Treasury Stock	-43.99	-43.99	-40.38	-	-	-
Comprehensive Income & Other	226.02	226.23	216.48	215.35	214.84	210.84
Total Common Equity	1,824	1,862	2,036	2,284	2,359	617.34
Minority Interest	50.29	49.24	59.58	0.81	0.92	0.41
Shareholders' Equity	1,874	1,911	2,096	2,285	2,360	617.75
Total Liabilities & Equity	2,038	2,140	2,318	2,472	2,527	778.87
Total Debt	43.72	35.68	82.65	81.94	13.63	34.88
Net Cash (Debt)	1,169	1,207	1,456	1,686	1,973	184.24
Net Cash Growth	-4.46%	-17.08%	-13.64%	-14.55%	970.76%	-35.72%
Net Cash Per Share	4.61	4.73	5.78	6.53	7.86	0.94
Filing Date Shares Outstanding	254.54	257.14	255.91	258.97	258.97	258.97
Total Common Shares Outstanding	254.54	257.14	255.91	258.97	258.97	194.23
Working Capital	1,380	1,415	1,581	1,829	2,067	339.8
Book Value Per Share	7.17	7.24	7.96	8.82	9.11	3.18
Tangible Book Value	1,794	1,832	1,996	2,284	2,358	616.86
Tangible Book Value Per Share	7.05	7.12	7.80	8.82	9.11	3.18
Machinery	-	-	51.23	46.61	31.95	20.28
Construction In Progress	-	-	0.23	5.09	-	6.26

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