SHA:688216 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	64.62	52.92	43.18	153.15	177.27
Trading Asset Securities	-	-	-	-	185.49
Cash & Short-Term Investments	64.62	52.92	43.18	153.15	362.76
Cash Growth	22.11%	22.57%	-71.81%	-57.78%	371.86%
Accounts Receivable	230.01	201.51	186.32	157.41	208.76
Other Receivables	15.15	11.61	6.62	2.01	0.39
Receivables	245.16	213.12	192.94	159.42	209.15
Inventory	134.85	118.61	103.1	113.08	103.51
Prepaid Expenses	4.22	-	0.14	-	-
Other Current Assets	13.11	24.13	8.23	15.87	30.2
Total Current Assets	461.95	408.78	347.59	441.52	705.63
Property, Plant & Equipment	1,374	1,451	1,376	1,236	1,048
Long-Term Investments	2.29	1.95	1.87	1.89	-
Other Intangible Assets	40.07	39.6	39.56	36.26	34.2
Long-Term Deferred Tax Assets	63.35	63.2	64.2	34.87	12.57
Long-Term Deferred Charges	16.54	17.52	20.51	18.83	8.79
Other Long-Term Assets	53.6	17.89	16.06	18.63	36.15
Total Assets	2,011	2,000	1,865	1,788	1,845
Accounts Payable	324.44	243.53	247.93	276.56	447.4
Accrued Expenses	27.85	26.97	23.49	15.73	23.74
Short-Term Debt	290.47	235.89	245.95	250.99	33.04
Current Portion of Long-Term Debt	32.31	28.57	12.42	7.35	2.18
Current Portion of Leases	-	-	1.01	0.18	0.38
Current Income Taxes Payable	-	0.07	0.04	-	3.33
Current Unearned Revenue	1.93	6.28	5.83	3.39	2.6
Other Current Liabilities	326.68	382.46	266.12	157.96	258.93
Total Current Liabilities	1,004	923.77	802.79	712.16	771.61
Long-Term Debt	282.46	256.37	199.81	107.84	15
Long-Term Leases	14.93	48.86	11.3	-	0.15
Long-Term Unearned Revenue	90.13	84.9	102.1	74.57	55.01
Long-Term Deferred Tax Liabilities	2.84	3.18	3.86	3.73	1.91
Other Long-Term Liabilities	1	-	-	-	-
Total Liabilities	1,395	1,317	1,120	898.3	843.68
Common Stock	106.88	107.11	107.17	106.27	106.27
Additional Paid-In Capital	531.93	536.13	526.52	522.39	522.39
Retained Earnings	-36.67	38.72	140.83	271.8	372.87
Treasury Stock	-20.08	-28.34	-29.23	-10.97	-
Comprehensive Income & Other	0	0.01	0	-	-
Total Common Equity	582.06	653.63	745.3	889.49	1,002
Minority Interest	34.35	29.01	0.26	0.3	-
Shareholders' Equity	616.42	682.64	745.56	889.78	1,002
Total Liabilities & Equity	2,011	2,000	1,865	1,788	1,845
Total Debt	620.16	569.69	470.49	366.36	50.74
Net Cash (Debt)	-555.54	-516.77	-427.31	-213.21	312.01
Net Cash Per Share	-5.23	-4.86	-4.05	-2.00	3.36
Filing Date Shares Outstanding	105.25	104.94	106.15	105.81	106.27
Total Common Shares Outstanding	105.25	104.94	106.15	105.81	106.27
Working Capital	-541.74	-514.99	-455.2	-270.64	-65.98
Book Value Per Share	5.53	6.23	7.02	8.41	9.42
Tangible Book Value	541.99	614.03	705.74	853.23	967.33
Tangible Book Value Per Share	5.15	5.85	6.65	8.06	9.10
Buildings	509.34	536.29	286.83	272.06	234.61
Machinery	1,720	1,636	1,470	1,307	1,075
Construction In Progress	77.62	47.23	236.98	151.78	126.13

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