SHA:688228 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	292.45	288.8	248.25	631.34	514.17	504.16
Short-Term Investments	-	-	21.78	-	20.09	201.89
Trading Asset Securities	283.32	370.95	385.4	98.86	315.73	24.35
Cash & Short-Term Investments	575.77	659.74	655.43	730.2	849.99	730.4
Cash Growth	-0.07%	0.66%	-10.24%	-14.09%	16.37%	-21.73%
Accounts Receivable	296.63	322.26	492.15	588.29	469.25	287.98
Other Receivables	33.08	39.88	25.56	10.91	9.33	8.61
Receivables	329.71	362.14	517.71	599.2	478.58	296.59
Inventory	287.76	247.2	194.3	177.21	101.08	75.73
Other Current Assets	73.54	72.26	1.62	2.81	2.39	12.76
Total Current Assets	1,267	1,341	1,369	1,509	1,432	1,115
Property, Plant & Equipment	127.95	131.2	138.61	144.53	111.21	118.22
Long-Term Investments	184.01	184.02	214.14	197.83	68.82	99.72
Goodwill	148.08	148.12	164.56	175	175.21	175.42
Other Intangible Assets	68.51	72.05	29.46	12.1	14.56	16.92
Long-Term Deferred Tax Assets	30.96	26.88	21.13	19.56	12.93	6.71
Long-Term Deferred Charges	4.02	0.9	21.1	16.08	3.59	1.29
Other Long-Term Assets	15.88	16.34	16.43	16.98	26.93	26.71
Total Assets	1,846	1,921	1,975	2,091	1,845	1,560
Accounts Payable	126.75	155.23	204.68	262.88	175.44	98.14
Accrued Expenses	22.12	20.47	30.31	35.15	23.37	28.33
Short-Term Debt	67.23	70.93	71.35	56.11	8.01	37.65
Current Portion of Long-Term Debt	14.03	14.71	10.13	10.15	10	-
Current Portion of Leases	-	-	6.62	7.55	2.4	4.38
Current Income Taxes Payable	1.91	7.8	7.07	7.68	2.36	0.43
Current Unearned Revenue	76.52	66.89	59.09	105.75	64.23	71.31
Other Current Liabilities	68.19	71.67	36.06	35.81	44.4	14.2
Total Current Liabilities	376.75	407.71	425.3	521.09	330.2	254.46
Long-Term Debt	90	90	100	110	120.17	-
Long-Term Leases	3.26	3.8	9.59	17.32	0.56	2.23
Long-Term Unearned Revenue	4.45	8.68	0.78	0.76	-	-
Long-Term Deferred Tax Liabilities	1.14	0.82	2.45	1.51	7.11	2.93
Other Long-Term Liabilities	9.56	10.98	8.39	6.25	-	-
Total Liabilities	485.16	521.99	546.51	656.93	458.04	259.62
Common Stock	67.55	67.55	67.52	67.52	67.13	67.13
Additional Paid-In Capital	932.41	932.41	929.77	939.04	924.06	921.09
Retained Earnings	298.84	307.27	328.26	320.08	308.37	228.6
Treasury Stock	-73.24	-47.01	-47.01	-29.99	-20.01	-
Comprehensive Income & Other	21.59	21.59	23.09	-	-	-
Total Common Equity	1,247	1,282	1,302	1,297	1,280	1,217
Minority Interest	113.89	117.05	126.35	137.91	107.71	84.03
Shareholders' Equity	1,361	1,399	1,428	1,435	1,387	1,301
Total Liabilities & Equity	1,846	1,921	1,975	2,091	1,845	1,560
Total Debt	174.51	179.44	197.69	201.13	141.13	44.27
Net Cash (Debt)	401.26	480.3	457.75	529.07	708.86	686.13
Net Cash Growth	2.85%	4.93%	-13.48%	-25.36%	3.31%	-26.47%
Net Cash Per Share	6.41	7.42	6.89	7.97	10.56	10.26
Filing Date Shares Outstanding	64.85	41.77	66.2	66.6	66.45	67.13
Total Common Shares Outstanding	64.85	41.77	66.2	66.6	66.45	67.13
Working Capital	890.03	933.64	943.76	988.32	1,102	861.03
Book Value Per Share	19.23	30.68	19.66	19.47	19.26	18.13
Tangible Book Value	1,031	1,062	1,108	1,110	1,090	1,024
Tangible Book Value Per Share	15.89	25.41	16.73	16.66	16.40	15.26
Buildings	-	-	121.58	120.91	110.47	111.38
Machinery	-	-	23.76	15.02	8.75	7.48
Construction In Progress	-	-	-	0.18	-	-

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