SHA:688218 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	107.91	147.19	154.4	257.12	37.92	100.59
Trading Asset Securities	165.72	141.77	201.16	203.24	316.33	294.47
Cash & Short-Term Investments	273.63	288.96	355.56	460.37	354.25	395.06
Cash Growth	-15.22%	-18.73%	-22.77%	29.96%	-10.33%	-10.43%
Accounts Receivable	229.11	232.89	282.93	402.53	314.03	329.32
Other Receivables	11.26	9.58	40.72	11.87	10.33	17.59
Receivables	240.37	242.47	323.65	414.4	324.36	346.91
Inventory	1,003	911.17	664.32	494.75	562.42	493.27
Prepaid Expenses	-	-	2.82	0.06	0.07	-
Other Current Assets	29.02	46.59	26.96	21.04	35.77	20.4
Total Current Assets	1,546	1,489	1,373	1,391	1,277	1,256
Property, Plant & Equipment	264.54	273.99	287.3	318.73	275.08	191.06
Long-Term Investments	98.84	98.84	104.09	112.88	78.2	21.68
Other Intangible Assets	27.37	27.76	28.72	29.19	26.62	27.54
Long-Term Accounts Receivable	-	-	-	-	-	7.52
Long-Term Deferred Tax Assets	15.77	10.32	11.12	12.62	8.62	9.3
Long-Term Deferred Charges	1.81	2.33	4.39	5.18	1.62	2.01
Other Long-Term Assets	-	-	-	-	0.18	2.01
Total Assets	1,954	1,902	1,809	1,869	1,667	1,517
Accounts Payable	270.57	297.48	321.74	304.77	320.32	277.32
Accrued Expenses	9.68	11.99	31.1	44.39	20.94	46.34
Short-Term Debt	-	-	7.01	139.81	118.42	64.44
Current Portion of Long-Term Debt	29.19	31.25	20.94	10.02	-	-
Current Portion of Leases	-	-	8.94	8.54	2.07	0.82
Current Income Taxes Payable	1.47	2.76	8.76	9.65	0.56	2.67
Current Unearned Revenue	689.03	605.76	297.78	290.16	239.18	224.45
Other Current Liabilities	27.78	30.2	32.91	39.89	77.04	20.16
Total Current Liabilities	1,028	979.44	729.17	847.25	778.53	636.2
Long-Term Debt	76.15	83.56	105.31	39	-	-
Long-Term Leases	-	-	6.64	16.17	0.96	1.45
Long-Term Unearned Revenue	22.78	21.07	24.36	13.75	12.53	8.93
Other Long-Term Liabilities	3.58	3.48	3.43	4.39	3.91	2.69
Total Liabilities	1,130	1,088	868.91	920.55	795.93	649.27
Common Stock	116.48	118.6	118.6	118.19	117.8	117.34
Additional Paid-In Capital	575.01	598.3	598.3	597.04	591.37	584.26
Retained Earnings	161.83	158.04	261	256.42	185.03	160.23
Treasury Stock	-	-32.16	-32.16	-32.16	-32.16	-
Comprehensive Income & Other	-0.44	0.33	-0.02	-	-	-
Total Common Equity	852.88	843.1	945.71	939.49	862.03	861.83
Minority Interest	-28.77	-28.21	-5.7	9.17	9.22	5.65
Shareholders' Equity	824.1	814.88	940.01	948.66	871.25	867.48
Total Liabilities & Equity	1,954	1,902	1,809	1,869	1,667	1,517
Total Debt	105.34	114.81	148.84	213.54	121.46	66.71
Net Cash (Debt)	168.29	174.15	206.72	246.83	232.79	328.34
Net Cash Growth	2.73%	-15.76%	-16.25%	6.03%	-29.10%	-9.77%
Net Cash Per Share	1.41	1.49	1.74	2.08	1.97	2.71
Filing Date Shares Outstanding	126.51	118.83	116.48	116.06	115.67	117.34
Total Common Shares Outstanding	126.51	118.83	116.48	116.06	115.67	117.34
Working Capital	518.28	509.75	644.15	543.36	498.33	619.42
Book Value Per Share	6.74	7.10	8.12	8.09	7.45	7.34
Tangible Book Value	825.5	815.34	917	910.3	835.42	834.29
Tangible Book Value Per Share	6.53	6.86	7.87	7.84	7.22	7.11
Buildings	-	-	265.74	255.56	255.56	58.28
Machinery	-	-	81.15	89.15	43.35	25.02
Construction In Progress	-	-	-	3.36	5.91	128.72

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