SHA:688313 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	282.97	357.24	261.97	270.06	167.51	475.56
Trading Asset Securities	-	-	70.09	161.95	262.3	10
Cash & Short-Term Investments	282.97	357.24	332.06	432.01	429.81	485.56
Cash Growth	18.90%	7.58%	-23.14%	0.51%	-11.48%	-14.57%
Accounts Receivable	709.39	620.38	465.25	348.34	363.65	350.05
Other Receivables	6.7	4.47	3.35	2.34	3.36	3.04
Receivables	716.09	624.85	468.6	350.68	367.01	353.09
Inventory	631.3	502.24	323.9	147.48	195.29	188.92
Prepaid Expenses	-	8.21	3.75	0.01	0.94	0.68
Other Current Assets	108.51	33.75	23.84	8.11	9.01	11.64
Total Current Assets	1,739	1,526	1,152	938.29	1,002	1,040
Property, Plant & Equipment	602.35	607.49	510.3	455.16	491.94	451.38
Long-Term Investments	191.02	175.84	5.91	0.92	1	-
Goodwill	2.12	2.12	2.12	2.12	2.12	2.12
Other Intangible Assets	34.76	35.14	34.53	37.25	39.75	34.99
Long-Term Deferred Tax Assets	36.74	34.76	20.41	21.07	18.54	12.33
Long-Term Deferred Charges	17.7	20.77	9.9	4.18	5.26	5.38
Other Long-Term Assets	71.6	26.42	46.84	18.19	17.67	19.66
Total Assets	2,695	2,429	1,782	1,477	1,578	1,566
Accounts Payable	462.43	275.43	344.81	118.38	138.18	148.26
Accrued Expenses	59.17	77.08	55.63	38.2	42.62	39.18
Short-Term Debt	297.56	327.72	10.26	2.48	-	-
Current Portion of Long-Term Debt	-	20.45	-	-	-	-
Current Portion of Leases	-	10.79	7.42	4.49	5.72	4.14
Current Income Taxes Payable	31.79	3.1	0.4	0.8	0	0.69
Current Unearned Revenue	14.6	1.84	3.78	2.31	1.53	3.87
Other Current Liabilities	63.87	55.69	75.22	57.47	73	70.9
Total Current Liabilities	929.42	772.11	497.52	224.13	261.06	267.04
Long-Term Debt	5	11	-	-	-	-
Long-Term Leases	19.85	15.9	5.55	4.96	9.11	1.91
Long-Term Unearned Revenue	72.62	70.65	74.96	84.76	73.36	70.73
Long-Term Deferred Tax Liabilities	6.73	7.13	4.03	3.59	5.13	0.03
Other Long-Term Liabilities	3.06	3.13	1.51	25	25	25
Total Liabilities	1,037	879.92	583.56	342.44	373.66	364.71
Common Stock	451.99	451.99	458.8	458.8	458.8	458.8
Additional Paid-In Capital	602.91	602.91	667.24	664.96	660.26	655.57
Retained Earnings	591.56	475.39	130.28	65.34	135.58	87.36
Treasury Stock	-	-	-71.14	-60.98	-51.15	-
Comprehensive Income & Other	12.02	18.62	13.42	6.62	1.16	-0.7
Total Common Equity	1,658	1,549	1,199	1,135	1,205	1,201
Shareholders' Equity	1,658	1,549	1,199	1,135	1,205	1,201
Total Liabilities & Equity	2,695	2,429	1,782	1,477	1,578	1,566
Total Debt	322.41	385.87	23.23	11.93	14.83	6.05
Net Cash (Debt)	-39.44	-28.62	308.82	420.07	414.97	479.51
Net Cash Growth	-	-	-26.48%	1.23%	-13.46%	-15.64%
Net Cash Per Share	-0.09	-0.06	0.68	0.93	0.91	1.04
Filing Date Shares Outstanding	451.99	451.99	451.99	453	453.8	458.8
Total Common Shares Outstanding	451.99	451.99	451.99	453	453.8	458.8
Working Capital	809.45	754.19	654.62	714.16	740.99	772.85
Book Value Per Share	3.67	3.43	2.65	2.50	2.65	2.62
Tangible Book Value	1,622	1,512	1,162	1,095	1,163	1,164
Tangible Book Value Per Share	3.59	3.34	2.57	2.42	2.56	2.54
Buildings	-	274.18	249.81	249.89	253.12	187.04
Machinery	-	781.35	658.99	555.02	531.02	479.77
Construction In Progress	-	0.27	3.14	1.64	0.15	32.74

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