SHA:688288 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	48.21	24.15	110.15	85.75	207.24	397.33
Trading Asset Securities	69.53	105.47	83.15	77.33	68.72	24.17
Cash & Short-Term Investments	117.75	129.61	193.3	163.08	275.95	421.5
Cash Growth	-39.32%	-32.95%	18.53%	-40.90%	-34.53%	-21.56%
Accounts Receivable	500.73	492.2	403.14	325.7	216.72	235.68
Other Receivables	1.75	1.99	2.25	2.98	3.23	3.76
Receivables	502.48	494.18	405.39	328.69	219.96	239.44
Inventory	253.63	183.28	73.57	103.36	78.08	122.88
Other Current Assets	52.2	73.1	21.22	29.19	38.12	16.67
Total Current Assets	926.06	880.18	693.48	624.32	612.11	800.5
Property, Plant & Equipment	242.08	246.98	247.66	259.21	191.71	213.19
Long-Term Investments	31.57	31.54	88.8	108.64	56.2	50
Goodwill	7.13	7.13	7.13	7.13	7.13	7.13
Other Intangible Assets	17.36	17.73	19.05	17.65	15.26	19.11
Long-Term Deferred Tax Assets	-	-	-	-	16.67	17.3
Long-Term Deferred Charges	2.04	2.34	2.91	2.36	1.91	4.85
Other Long-Term Assets	8.44	7.61	2.25	0.47	79.05	0.69
Total Assets	1,235	1,194	1,066	1,025	984.66	1,115
Accounts Payable	133.38	134.86	91.7	93.3	41.43	82.67
Accrued Expenses	26.3	40.32	35.68	41.33	38.54	29.64
Short-Term Debt	190.43	170.15	169.21	80.08	65.06	55.06
Current Portion of Long-Term Debt	2	1.99	-	20.02	-	-
Current Portion of Leases	-	-	2.25	2.19	1.24	4.66
Current Income Taxes Payable	1.28	2.86	-	-	-	-
Current Unearned Revenue	20.52	19.29	17.66	22.01	15.11	10.34
Other Current Liabilities	99.89	57.21	18.74	8.09	7.87	4.51
Total Current Liabilities	473.79	426.69	335.25	267.02	169.25	186.88
Long-Term Leases	3.97	4.28	-	1.3	2.31	4.84
Long-Term Unearned Revenue	5.06	5.07	3.67	3.81	2.46	2.45
Other Long-Term Liabilities	-	-	-	4.78	4.07	3.57
Total Liabilities	482.82	436.04	338.92	276.91	178.09	197.75
Common Stock	99.81	99.81	100.64	100.34	100.34	100.34
Additional Paid-In Capital	649.89	647.98	667.12	664.62	652.98	654.13
Retained Earnings	1.02	8.69	-21.53	-18.59	53.01	159.05
Treasury Stock	-	-	-20.02	-	-	-
Total Common Equity	750.73	756.49	726.21	746.38	806.33	913.53
Minority Interest	1.12	0.98	0.43	1.42	0.24	3.98
Shareholders' Equity	751.85	757.47	726.64	747.8	806.57	917.51
Total Liabilities & Equity	1,235	1,194	1,066	1,025	984.66	1,115
Total Debt	196.4	176.43	171.47	103.59	68.62	64.56
Net Cash (Debt)	-78.65	-46.82	21.84	59.49	207.34	356.94
Net Cash Growth	-	-	-63.29%	-71.31%	-41.91%	-25.99%
Net Cash Per Share	-0.79	-0.46	0.22	0.59	2.07	3.62
Filing Date Shares Outstanding	95.87	99.81	100.34	100.34	100.34	100.34
Total Common Shares Outstanding	95.87	99.81	100.34	100.34	100.34	100.34
Working Capital	452.26	453.49	358.23	357.29	442.86	613.62
Book Value Per Share	7.83	7.58	7.24	7.44	8.04	9.10
Tangible Book Value	726.24	731.63	700.03	721.59	783.94	887.3
Tangible Book Value Per Share	7.58	7.33	6.98	7.19	7.81	8.84
Buildings	-	-	251.38	246.67	159.01	59.66
Machinery	-	-	18.34	67.4	16.4	45.21
Construction In Progress	-	-	0.3	2.96	10.2	122.69

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