SHA:688286 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	276.89	174.82	144.61	245.94	251.22	421.94
Short-Term Investments	-	-	-	-	30	60
Trading Asset Securities	60.12	219.2	120.2	170.24	189	176
Cash & Short-Term Investments	337.01	394.02	264.81	416.19	470.22	657.94
Cash Growth	4.93%	48.79%	-36.37%	-11.49%	-28.53%	-17.54%
Accounts Receivable	84.67	81.95	74.45	50.22	30.9	32.36
Other Receivables	1.29	0.14	0.41	0.83	0.77	0.37
Receivables	85.96	82.09	74.86	51.05	31.67	32.73
Inventory	230.26	194.33	241.44	173.7	188.52	170.24
Prepaid Expenses	-	-	-	-	1.08	-
Other Current Assets	65.24	82.18	64.46	19.61	9.74	19.47
Total Current Assets	718.46	752.62	645.56	660.54	701.24	880.38
Property, Plant & Equipment	355.84	369.81	405.6	395.91	391.02	205.94
Long-Term Investments	46.62	70.33	58.24	37.95	21.3	15.3
Goodwill	20.67	11.62	11.62	14.59	18.25	18.34
Other Intangible Assets	4.95	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	12.2	14.3	18.9	22.39	5.92	9.26
Other Long-Term Assets	40.28	0.14	53.34	73.52	4.28	5.04
Total Assets	1,209	1,235	1,211	1,226	1,168	1,162

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	63.93	42.22	51.83	45.89	21.36	23.87
Accrued Expenses	6.04	12.48	9.5	9.79	10.23	11.21
Short-Term Debt	46.71	58.22	3	9.91	-	-
Current Portion of Long-Term Debt	-	-	20.23	0.42	-	-
Current Portion of Leases	-	3.07	2.81	2.58	5.21	4.04
Current Income Taxes Payable	2.08	-	-	-	-	0
Current Unearned Revenue	8.14	5.49	26.48	15.34	1.87	1.92
Other Current Liabilities	25.7	25.74	31.94	29.78	80.32	8.39
Total Current Liabilities	152.6	147.22	145.79	113.71	119	49.43
Long-Term Debt	-	-	19.2	19.6	-	-
Long-Term Leases	4.82	6.07	8.48	10.95	9.92	3.89
Long-Term Unearned Revenue	8.11	6.9	8.43	9.2	7.74	4.1
Long-Term Deferred Tax Liabilities	0.32	0.37	0.47	0.58	0.68	0.79
Other Long-Term Liabilities	0.9	0	0.12	1.22	0.59	-
Total Liabilities	166.74	160.56	182.49	155.26	137.93	58.2

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
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	-38.94	-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	1,036	1,072	1,027	1,069	1,028	1,102
Minority Interest	6.18	2.51	1.26	1.58	1.63	1.72
Shareholders' Equity	1,042	1,074	1,028	1,070	1,030	1,104
Total Liabilities & Equity	1,209	1,235	1,211	1,226	1,168	1,162

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	51.52	67.35	53.72	43.46	15.14	7.92
Net Cash (Debt)	285.48	326.67	211.08	372.73	455.08	650.01
Net Cash Growth	6.95%	54.76%	-43.37%	-18.10%	-29.99%	-18.53%
Net Cash Per Share	3.67	4.21	2.70	4.97	6.14	8.60
Filing Date Shares Outstanding	82.23	77.88	81.03	77.11	74.44	74.62
Total Common Shares Outstanding	82.23	77.88	81.03	77.11	74.44	74.8
Working Capital	565.86	605.4	499.77	546.83	582.24	830.95
Book Value Per Share	12.60	13.76	12.68	13.86	13.81	14.74
Tangible Book Value	1,010	1,054	1,008	1,043	997.2	1,071
Tangible Book Value Per Share	12.29	13.53	12.44	13.53	13.40	14.32
Buildings	-	232.9	232.9	232.78	229.01	1.59
Machinery	-	278.56	248.98	212.08	7.76	121.68
Construction In Progress	-	4.06	27.9	19.64	39.25	108.02