SHA:688216 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	83.39	64.62	52.92	43.18	153.15	177.27
Trading Asset Securities	-	-	-	-	-	185.49
Cash & Short-Term Investments	83.39	64.62	52.92	43.18	153.15	362.76
Cash Growth	12.50%	22.11%	22.57%	-71.81%	-57.78%	371.86%
Accounts Receivable	223.09	230.01	201.51	186.32	157.41	208.76
Other Receivables	14.84	15.15	11.61	6.62	2.01	0.39
Receivables	237.93	245.16	213.12	192.94	159.42	209.15
Inventory	148.14	134.85	118.61	103.1	113.08	103.51
Prepaid Expenses	-	4.22	-	0.14	-	-
Other Current Assets	15.21	13.11	24.13	8.23	15.87	30.2
Total Current Assets	484.67	461.95	408.78	347.59	441.52	705.63
Property, Plant & Equipment	1,374	1,374	1,451	1,376	1,236	1,048
Long-Term Investments	2.39	2.29	1.95	1.87	1.89	-
Other Intangible Assets	39.47	40.07	39.6	39.56	36.26	34.2
Long-Term Deferred Tax Assets	62.09	63.35	63.2	64.2	34.87	12.57
Long-Term Deferred Charges	16.31	16.54	17.52	20.51	18.83	8.79
Other Long-Term Assets	47.34	53.6	17.89	16.06	18.63	36.15
Total Assets	2,026	2,011	2,000	1,865	1,788	1,845
Accounts Payable	545.51	324.44	243.53	247.93	276.56	447.4
Accrued Expenses	27.52	27.85	26.97	23.49	15.73	23.74
Short-Term Debt	107.87	290.47	235.89	245.95	250.99	33.04
Current Portion of Long-Term Debt	89.14	32.31	28.57	12.42	7.35	2.18
Current Portion of Leases	-	-	-	1.01	0.18	0.38
Current Income Taxes Payable	1.76	-	0.07	0.04	-	3.33
Current Unearned Revenue	2.19	1.93	6.28	5.83	3.39	2.6
Other Current Liabilities	83.06	326.68	382.46	266.12	157.96	258.93
Total Current Liabilities	857.06	1,004	923.77	802.79	712.16	771.61
Long-Term Debt	284	282.46	256.37	199.81	107.84	15
Long-Term Leases	1.49	14.93	48.86	11.3	-	0.15
Long-Term Unearned Revenue	86.2	90.13	84.9	102.1	74.57	55.01
Long-Term Deferred Tax Liabilities	2.68	2.84	3.18	3.86	3.73	1.91
Other Long-Term Liabilities	27.29	1	-	-	-	-
Total Liabilities	1,259	1,395	1,317	1,120	898.3	843.68
Common Stock	114.78	106.88	107.11	107.17	106.27	106.27
Additional Paid-In Capital	679.62	531.93	536.13	526.52	522.39	522.39
Retained Earnings	-40.39	-36.67	38.72	140.83	271.8	372.87
Treasury Stock	-20.08	-20.08	-28.34	-29.23	-10.97	-
Comprehensive Income & Other	-0.01	0	0.01	0	-	-
Total Common Equity	733.92	582.06	653.63	745.3	889.49	1,002
Minority Interest	33.3	34.35	29.01	0.26	0.3	-
Shareholders' Equity	767.21	616.42	682.64	745.56	889.78	1,002
Total Liabilities & Equity	2,026	2,011	2,000	1,865	1,788	1,845
Total Debt	482.51	620.16	569.69	470.49	366.36	50.74
Net Cash (Debt)	-399.12	-555.54	-516.77	-427.31	-213.21	312.01
Net Cash Per Share	-3.62	-5.23	-4.86	-4.05	-2.00	3.36
Filing Date Shares Outstanding	124.15	105.25	104.94	106.15	105.81	106.27
Total Common Shares Outstanding	124.15	105.25	104.94	106.15	105.81	106.27
Working Capital	-372.39	-541.74	-514.99	-455.2	-270.64	-65.98
Book Value Per Share	5.91	5.53	6.23	7.02	8.41	9.42
Tangible Book Value	694.45	541.99	614.03	705.74	853.23	967.33
Tangible Book Value Per Share	5.59	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.