SHA:688310 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	117.49	234.42	118.22	289.02	224.95	314.84
Trading Asset Securities	172.41	151.55	150.05	55.91	65.15	40.03
Cash & Short-Term Investments	289.91	385.97	268.28	344.93	290.1	354.87
Cash Growth	1.68%	43.87%	-22.22%	18.90%	-18.25%	-16.59%
Accounts Receivable	111.92	125.98	162.26	213.62	128.55	137.67
Other Receivables	5.72	4.02	5.46	6.41	87.96	3.29
Receivables	117.64	130	167.72	220.03	216.51	140.96
Inventory	183.4	163.62	139.49	143.71	116.58	100.37
Other Current Assets	37.39	29.73	31.18	11.65	12.7	14.23
Total Current Assets	628.33	709.31	606.67	720.32	635.88	610.43
Property, Plant & Equipment	399.39	393.25	382.92	362.1	335.82	221.47
Long-Term Investments	0.05	0.05	0.06	0.06	0.05	-
Goodwill	-	-	-	10.42	10.42	-
Other Intangible Assets	45.67	46.15	47.24	49.08	39.98	41.11
Long-Term Accounts Receivable	-	-	4.72	-	2.44	-
Long-Term Deferred Tax Assets	5.19	5.68	7.86	7.17	4.72	5.28
Long-Term Deferred Charges	7.34	7.66	0.58	0.02	0.11	0.29
Other Long-Term Assets	30.27	23.36	3.36	0.67	8.84	0.72
Total Assets	1,116	1,185	1,053	1,150	1,038	879.31
Accounts Payable	43.73	56.61	28.96	69	51.99	17.16
Accrued Expenses	9.27	19.82	16.18	22.71	17.85	16.52
Current Portion of Long-Term Debt	5.15	6.82	-	-	-	-
Current Portion of Leases	-	-	0.17	0.9	0.81	1.32
Current Income Taxes Payable	2.19	15.92	-	5.04	8.7	2.16
Current Unearned Revenue	142.12	113.31	98.97	55.48	60.05	35.98
Other Current Liabilities	13.67	25.74	16.14	37.3	53.69	29.39
Total Current Liabilities	216.13	238.22	160.42	190.43	193.09	102.54
Long-Term Debt	48.81	45.82	30.01	-	-	-
Long-Term Leases	10.67	10.18	0.18	0.87	0.56	1.39
Long-Term Unearned Revenue	15.42	16.18	17.35	18.3	14.16	11.34
Long-Term Deferred Tax Liabilities	0.02	0.02	-	0.01	0	0.45
Other Long-Term Liabilities	-	-	-	-	0.85	0.95
Total Liabilities	291.05	310.41	207.96	209.6	208.66	116.67
Common Stock	166.22	166.22	166.22	118.05	83.9	83.6
Additional Paid-In Capital	456.07	456.07	454.12	492.38	511.01	491.58
Retained Earnings	250.34	269.37	204.43	283.44	223.88	188.62
Treasury Stock	-54.83	-29.17	-15.01	-	-	-
Comprehensive Income & Other	-0.12	-0.42	0.28	-0.02	0.39	0.56
Total Common Equity	817.69	862.08	810.05	893.84	819.18	764.36
Minority Interest	7.49	12.96	35.4	46.41	10.42	-1.72
Shareholders' Equity	825.18	875.04	845.45	940.26	829.6	762.64
Total Liabilities & Equity	1,116	1,185	1,053	1,150	1,038	879.31
Total Debt	64.63	62.82	30.36	1.77	1.37	2.72
Net Cash (Debt)	225.28	323.15	237.92	343.16	288.73	352.15
Net Cash Growth	-10.36%	35.82%	-30.67%	18.85%	-18.01%	-17.23%
Net Cash Per Share	1.38	1.99	1.43	2.10	1.75	2.15
Filing Date Shares Outstanding	158.62	119.22	163.63	165.27	164.45	163.86
Total Common Shares Outstanding	158.62	119.22	164.92	165.27	164.45	163.86
Working Capital	412.2	471.09	446.25	529.9	442.79	507.9
Book Value Per Share	5.15	7.23	4.91	5.41	4.98	4.66
Tangible Book Value	772.02	815.93	762.81	834.33	768.78	723.25
Tangible Book Value Per Share	4.87	6.84	4.63	5.05	4.67	4.41
Buildings	-	-	325.25	320.46	292.44	60.21
Machinery	-	-	121.65	103.52	87.47	33.9
Construction In Progress	-	-	50.01	24.38	16.44	175.13

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