SHA:688272 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	-	223.03	238.86	285.24	374.25
Cash & Short-Term Investments	200.66	223.03	238.86	285.24	374.25
Cash Growth	-10.03%	-6.63%	-16.26%	-23.79%	236.69%
Accounts Receivable	-	221.39	176.89	195.57	190.01
Other Receivables	-	2.27	1.79	5.79	2.63
Receivables	-	223.65	178.68	201.36	192.64
Inventory	-	160.81	170.36	201.64	166.09
Other Current Assets	-	5.51	13.54	12.17	16.95
Total Current Assets	-	613.01	601.45	700.41	749.93
Property, Plant & Equipment	-	76.86	46.91	37.96	35.74
Other Intangible Assets	-	1.69	2.51	3.28	1.54
Long-Term Accounts Receivable	-	2.24	2.93	-	-
Long-Term Deferred Tax Assets	-	4.31	0.02	-	3.54
Long-Term Deferred Charges	-	31.83	11.24	3.35	3.88
Other Long-Term Assets	-	6.45	4.68	3.95	0.63
Total Assets	-	736.39	669.73	748.96	795.25
Accounts Payable	-	115.17	94.76	47.61	29.57
Accrued Expenses	-	8.33	13.71	9.18	12.94
Short-Term Debt	-	60.04	45.05	75.72	40.04
Current Portion of Leases	-	13.6	9.28	9.31	9.39
Current Income Taxes Payable	-	0.04	0.02	4.19	5.88
Current Unearned Revenue	-	8.78	1.99	0.22	0.35
Other Current Liabilities	-	2.2	2.04	1.96	1.61
Total Current Liabilities	-	208.18	166.85	148.19	99.79
Long-Term Leases	-	24.91	11.91	16.96	16.83
Long-Term Deferred Tax Liabilities	-	-	0.18	0.19	-
Total Liabilities	-	233.09	178.94	165.35	116.61
Common Stock	-	76	76	76	76
Additional Paid-In Capital	-	477.19	476.32	472.82	472.34
Retained Earnings	-	-49.89	-61.53	34.79	130.3
Total Common Equity	454.35	503.3	490.79	583.61	678.64
Shareholders' Equity	454.35	503.3	490.79	583.61	678.64
Total Liabilities & Equity	-	736.39	669.73	748.96	795.25
Total Debt	156.24	98.55	66.24	102	66.26
Net Cash (Debt)	44.42	124.48	172.62	183.24	308
Net Cash Growth	-64.32%	-27.89%	-5.79%	-40.51%	319.64%
Net Cash Per Share	0.58	1.60	2.26	2.40	5.12
Filing Date Shares Outstanding	76	76	76	76	76
Total Common Shares Outstanding	76	76	76	76	76
Working Capital	-	404.82	434.6	552.21	650.15
Book Value Per Share	5.98	6.62	6.46	7.68	8.93
Tangible Book Value	453.21	501.61	488.28	580.33	677.1
Tangible Book Value Per Share	5.96	6.60	6.42	7.64	8.91
Machinery	-	56.17	38.64	21	16.35
Construction In Progress	-	7.75	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.