SHA:688286 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	159.98	174.82	144.61	245.94	251.22	421.94
Short-Term Investments	-	-	42.74	-	30	60
Trading Asset Securities	185.31	219.2	120.2	170.24	189	176
Cash & Short-Term Investments	345.29	394.02	307.54	416.19	470.22	657.94
Cash Growth	7.70%	28.12%	-26.11%	-11.49%	-28.53%	-17.54%
Accounts Receivable	69.9	81.95	74.45	50.22	30.9	32.36
Other Receivables	0.1	0.14	0.41	0.83	0.77	0.37
Receivables	70	82.09	74.86	51.05	31.67	32.73
Inventory	216.96	194.33	241.44	173.7	188.52	170.24
Prepaid Expenses	-	-	-	-	1.08	-
Other Current Assets	55.5	82.18	21.73	19.61	9.74	19.47
Total Current Assets	687.75	752.62	645.56	660.54	701.24	880.38
Property, Plant & Equipment	363.37	369.81	405.6	395.91	391.02	205.94
Long-Term Investments	73.33	70.33	58.24	37.95	21.3	15.3
Goodwill	11.62	11.62	11.62	14.59	18.25	18.34
Other Intangible Assets	5.36	5.83	7.65	10.66	12.51	12.81
Long-Term Deferred Tax Assets	9.96	9.96	9.96	9.96	13	15.11
Long-Term Deferred Charges	13.15	14.3	18.9	22.39	5.92	9.26
Other Long-Term Assets	10.99	0.14	53.34	73.52	4.28	5.04
Total Assets	1,176	1,235	1,211	1,226	1,168	1,162
Accounts Payable	50.24	55.52	51.83	45.89	21.36	23.87
Accrued Expenses	3.04	8.37	9.5	9.79	10.23	11.21
Short-Term Debt	18.01	58.22	3	9.91	-	-
Current Portion of Long-Term Debt	3.08	3.07	20.23	0.42	-	-
Current Portion of Leases	-	-	2.81	2.58	5.21	4.04
Current Income Taxes Payable	1.83	2.58	-	-	-	0
Current Unearned Revenue	7.16	5.49	26.48	15.34	1.87	1.92
Other Current Liabilities	15.18	13.98	31.94	29.78	80.32	8.39
Total Current Liabilities	98.53	147.22	145.79	113.71	119	49.43
Long-Term Debt	-	-	19.2	19.6	-	-
Long-Term Leases	4.55	6.07	8.48	10.95	9.92	3.89
Long-Term Unearned Revenue	8.74	6.9	8.43	9.2	7.74	4.1
Long-Term Deferred Tax Liabilities	0.34	0.37	0.47	0.58	0.68	0.79
Other Long-Term Liabilities	-	0	0.12	1.22	0.59	-
Total Liabilities	112.17	160.56	182.49	155.26	137.93	58.2
Common Stock	56.06	56.06	55.99	55.89	53.59	53.43
Additional Paid-In Capital	1,035	1,035	1,029	1,020	896.57	892.16
Retained Earnings	-13.67	-3.31	-39.3	-4.06	97.79	156.66
Treasury Stock	-16.01	-16.01	-18.97	-2.96	-19.98	-
Total Common Equity	1,061	1,072	1,027	1,069	1,028	1,102
Minority Interest	2.05	2.51	1.26	1.58	1.63	1.72
Shareholders' Equity	1,063	1,074	1,028	1,070	1,030	1,104
Total Liabilities & Equity	1,176	1,235	1,211	1,226	1,168	1,162
Total Debt	25.64	67.35	53.72	43.46	15.14	7.92
Net Cash (Debt)	319.65	326.67	253.82	372.73	455.08	650.01
Net Cash Growth	18.98%	28.70%	-31.90%	-18.10%	-29.99%	-18.53%
Net Cash Per Share	5.84	5.90	4.54	6.95	8.60	12.03
Filing Date Shares Outstanding	54.53	55.36	57.89	55.08	53.17	53.3
Total Common Shares Outstanding	54.53	55.36	57.89	55.08	53.17	53.43
Working Capital	589.22	605.4	499.77	546.83	582.24	830.95
Book Value Per Share	19.46	19.36	17.74	19.40	19.33	20.63
Tangible Book Value	1,044	1,054	1,008	1,043	997.2	1,071
Tangible Book Value Per Share	19.15	19.04	17.41	18.94	18.76	20.05
Buildings	-	-	232.9	232.78	229.01	1.59
Machinery	-	-	248.98	212.08	7.76	121.68
Construction In Progress	-	-	27.9	19.64	39.25	108.02

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