SHA:688311 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	-	333.38	598.91	576.1	914.8
Cash & Short-Term Investments	303.7	333.38	598.91	576.1	914.8
Cash Growth	-8.90%	-44.34%	3.96%	-37.02%	-12.31%
Accounts Receivable	-	532.12	635.21	661.33	599.72
Other Receivables	-	2.38	2.47	2.45	3.82
Receivables	-	534.5	637.67	663.77	603.54
Inventory	-	329.14	342.04	264.71	167.73
Prepaid Expenses	-	2.38	2.38	0.01	0.38
Other Current Assets	-	49.35	45.69	56.04	17.33
Total Current Assets	-	1,249	1,627	1,561	1,704
Property, Plant & Equipment	-	605.12	873.72	792.11	562.64
Long-Term Investments	-	103.53	76.43	86.03	87.11
Goodwill	-	-	79.11	79.11	79.11
Other Intangible Assets	-	38.66	51.38	49.78	53.63
Long-Term Deferred Tax Assets	-	83.49	51.6	38.18	19.84
Long-Term Deferred Charges	-	-	0.03	0.08	0.13
Other Long-Term Assets	-	211.6	6.47	19.63	7.71
Total Assets	-	2,291	2,765	2,626	2,514
Accounts Payable	-	270.75	389.48	406.22	278.11
Accrued Expenses	-	18.01	20.26	22.8	35.5
Short-Term Debt	-	20.02	55	65	25
Current Portion of Long-Term Debt	-	25.26	26.2	30.3	30.3
Current Portion of Leases	-	0.37	1.13	1.34	0.8
Current Income Taxes Payable	-	-	3.47	12.85	17.2
Current Unearned Revenue	-	4.59	3.71	16.08	4.35
Other Current Liabilities	-	48.16	99.57	115.83	98.92
Total Current Liabilities	-	387.17	598.82	670.43	490.18
Long-Term Debt	-	152.87	319.2	105.9	149.7
Long-Term Leases	-	0.11	0.72	1.86	3.43
Long-Term Unearned Revenue	-	73.79	79.56	69.01	46.66
Long-Term Deferred Tax Liabilities	-	-	10.45	1.08	3.1
Total Liabilities	-	613.93	1,009	848.28	693.08
Common Stock	-	168.73	160.56	115.05	114.67
Additional Paid-In Capital	-	1,477	1,310	1,362	1,348
Retained Earnings	-	-28.33	243.32	300.61	315.99
Treasury Stock	-	-40.03	-42.01	-45.17	-
Comprehensive Income & Other	-	52.12	33.29	1.84	-
Total Common Equity	1,594	1,630	1,705	1,734	1,779
Minority Interest	-	47.57	51.32	43.33	42.01
Shareholders' Equity	1,641	1,677	1,757	1,777	1,821
Total Liabilities & Equity	-	2,291	2,765	2,626	2,514
Total Debt	182.96	198.63	402.25	204.39	209.24
Net Cash (Debt)	120.74	134.74	196.66	371.71	705.56
Net Cash Growth	-10.39%	-31.48%	-47.09%	-47.32%	-23.62%
Net Cash Per Share	0.75	0.84	1.50	2.41	4.42
Filing Date Shares Outstanding	167.92	168.04	38.23	160.1	160.54
Total Common Shares Outstanding	167.92	168.04	38.23	160.1	160.54
Working Capital	-	861.58	1,028	890.21	1,214
Book Value Per Share	9.49	9.70	44.60	10.83	11.08
Tangible Book Value	1,559	1,591	1,575	1,605	1,646
Tangible Book Value Per Share	9.29	9.47	41.19	10.03	10.25
Buildings	-	439.24	629.11	367.56	21.91
Machinery	-	319.14	340.49	200.42	101.24
Construction In Progress	-	5.28	14.86	275.61	516.66

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