SHA:688312 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	487.04	547.12	527.79	552.83	640.11	538.33
Short-Term Investments	-	-	-	21	-	101.34
Trading Asset Securities	436.31	267.79	291.17	279.57	424.98	430.64
Cash & Short-Term Investments	923.35	814.92	818.96	853.39	1,065	1,070
Cash Growth	11.93%	-0.49%	-4.04%	-19.88%	-0.49%	7.05%
Accounts Receivable	142.4	294.22	222.12	186.62	145.61	155.97
Other Receivables	2.78	2.67	3.1	3.23	2.3	6.87
Receivables	145.18	296.89	225.22	189.85	147.91	162.85
Inventory	155.34	120.99	152.12	89.92	68.75	72.07
Prepaid Expenses	-	-	-	-	-	1
Other Current Assets	23.45	21.09	29.18	23.43	8.24	1.46
Total Current Assets	1,247	1,254	1,225	1,157	1,290	1,308
Property, Plant & Equipment	369.57	360.69	374.89	302.33	164.69	35.17
Long-Term Investments	43.5	43.5	37.5	-	0.93	1.09
Goodwill	18.58	18.58	18.58	-	-	-
Other Intangible Assets	58.65	26.19	26.9	26.82	34.06	31.44
Long-Term Deferred Tax Assets	25.03	16.71	17.67	8.3	4.98	6.96
Long-Term Deferred Charges	0.24	0.34	0.88	1.93	1.17	3.95
Other Long-Term Assets	0.97	6.35	0.33	0.48	0.2	3.31
Total Assets	1,764	1,726	1,702	1,496	1,496	1,390
Accounts Payable	75.56	56.61	83.56	67.97	66.67	9.37
Accrued Expenses	51.8	52.68	47.49	36.87	35.16	34.02
Short-Term Debt	42.7	49.62	69	14.42	49.98	-
Current Portion of Leases	-	2.29	5.74	6.62	3.58	9.96
Current Income Taxes Payable	6.53	2.28	6.14	1.01	0.01	5.31
Current Unearned Revenue	29.38	33.58	31.03	2.45	0.15	0.01
Other Current Liabilities	2.46	5.38	31.43	28.96	0.78	1.15
Total Current Liabilities	213.57	202.44	274.39	158.3	156.34	59.82
Long-Term Leases	10.1	1.4	1.32	7.41	2.89	3.94
Long-Term Unearned Revenue	5.55	3.09	3.23	0.33	-	-
Long-Term Deferred Tax Liabilities	2.42	2.42	2.48	2.49	1.76	1.67
Other Long-Term Liabilities	-	-	-	-	-	0.79
Total Liabilities	231.65	209.35	281.42	168.52	160.98	66.22
Common Stock	145.77	145.77	144.85	144.85	144.85	144.09
Additional Paid-In Capital	888.01	872.73	861.19	826.98	824.75	804.7
Retained Earnings	515.26	512.79	448.27	408.69	368.5	373.42
Treasury Stock	-25.38	-25.38	-50.44	-50.44	-1.27	-
Comprehensive Income & Other	16.43	18.76	21.02	0.93	-0.19	-3.65
Total Common Equity	1,540	1,525	1,425	1,331	1,337	1,319
Minority Interest	-7.88	-7.78	-4.07	-3.08	-1.59	4.84
Shareholders' Equity	1,532	1,517	1,421	1,328	1,335	1,323
Total Liabilities & Equity	1,764	1,726	1,702	1,496	1,496	1,390
Total Debt	57.95	53.31	76.06	28.46	56.46	13.9
Net Cash (Debt)	865.4	761.61	742.9	824.94	1,009	1,056
Net Cash Growth	27.17%	2.52%	-9.94%	-18.21%	-4.52%	7.37%
Net Cash Per Share	5.92	5.19	5.01	5.78	7.04	7.34
Filing Date Shares Outstanding	123.44	144.25	141.83	141.83	144.76	144.09
Total Common Shares Outstanding	123.44	144.25	141.83	141.83	144.77	144.09
Working Capital	1,034	1,051	951.09	998.29	1,134	1,248
Book Value Per Share	12.48	10.57	10.05	9.38	9.23	9.15
Tangible Book Value	1,463	1,480	1,379	1,304	1,303	1,287
Tangible Book Value Per Share	11.85	10.26	9.73	9.20	9.00	8.93
Buildings	-	350.38	349.48	263.16	-	-
Machinery	-	56.94	44.79	37.16	34.99	31.43
Construction In Progress	-	0.18	8.05	6.46	137.37	0.77

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