SHA:688299 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	-	285.96	347.26	376.49	518.44
Trading Asset Securities	-	-	40	50	200.36
Cash & Short-Term Investments	297.44	285.96	387.26	426.49	718.81
Cash Growth	4.01%	-26.16%	-9.20%	-40.67%	-1.54%
Accounts Receivable	-	659.09	614.69	508.23	501.09
Other Receivables	-	51.96	55.47	19.32	13.36
Receivables	-	711.05	670.16	527.55	514.45
Inventory	-	260.71	272.4	212.52	168.21
Other Current Assets	-	45.84	22.78	19.07	25.07
Total Current Assets	-	1,304	1,353	1,186	1,427
Property, Plant & Equipment	-	1,837	1,769	1,119	833.39
Long-Term Investments	-	8.69	11.55	3.67	-
Other Intangible Assets	-	190.51	165.58	171.65	133.16
Long-Term Deferred Tax Assets	-	19.29	20.75	20.53	20.38
Long-Term Deferred Charges	-	1.25	1.86	1.79	3.03
Other Long-Term Assets	-	22.36	15.51	199.05	70.01
Total Assets	-	3,383	3,337	2,701	2,487
Accounts Payable	-	437.04	415.6	274.9	273.34
Accrued Expenses	-	26.37	35.42	29.73	21.95
Short-Term Debt	-	47.93	9.51	30.02	50.05
Current Portion of Long-Term Debt	-	130.99	32.06	-	-
Current Income Taxes Payable	-	3.38	3.95	2.94	6.85
Current Unearned Revenue	-	0.66	0.98	2.1	4.55
Other Current Liabilities	-	82.75	66.95	59.46	69.82
Total Current Liabilities	-	729.13	564.46	399.14	426.55
Long-Term Debt	-	462.34	494.78	146.31	-
Long-Term Unearned Revenue	-	102.65	95.38	81.72	72.07
Long-Term Deferred Tax Liabilities	-	1.24	1.44	1.6	-
Total Liabilities	-	1,295	1,156	628.78	498.62
Common Stock	-	290.5	290.5	286.83	285.18
Additional Paid-In Capital	-	1,199	1,199	1,156	1,130
Retained Earnings	-	695.62	739.17	657.95	572.86
Treasury Stock	-	-100.12	-50.02	-30.01	-
Comprehensive Income & Other	-	2.19	1.97	1.92	-0.35
Shareholders' Equity	2,082	2,087	2,181	2,073	1,988
Total Liabilities & Equity	-	3,383	3,337	2,701	2,487
Total Debt	595.42	641.27	536.35	176.34	50.05
Net Cash (Debt)	-297.98	-355.31	-149.08	250.15	668.76
Net Cash Growth	-	-	-	-62.59%	-5.81%
Net Cash Per Share	-1.03	-1.21	-0.53	0.88	2.33
Filing Date Shares Outstanding	355.48	282.29	287.39	285	285.18
Total Common Shares Outstanding	282.29	282.29	287.39	285	285.18
Working Capital	-	574.44	788.15	786.48	999.98
Book Value Per Share	7.38	7.39	7.59	7.27	6.97
Tangible Book Value	1,894	1,897	2,015	1,901	1,855
Tangible Book Value Per Share	6.71	6.72	7.01	6.67	6.50
Buildings	-	888.82	826.31	519.97	261.89
Machinery	-	1,040	1,054	711.19	631.55
Construction In Progress	-	303.28	205.96	143.27	143.62

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