SHA:688319 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	192.3	246.61	224.16	362.07	269.23	254.37
Trading Asset Securities	2.6	2.6	17.5	0	90	200
Cash & Short-Term Investments	194.9	249.21	241.66	362.07	359.23	454.37
Cash Growth	-8.96%	3.12%	-33.26%	0.79%	-20.94%	298.63%
Accounts Receivable	709.2	655.97	570.35	491.55	491.69	342.52
Other Receivables	2.18	2.58	1	1.1	3.78	1.1
Receivables	711.37	658.55	571.35	492.65	495.48	343.62
Inventory	66.46	62.38	85.68	72.12	78.52	74.5
Prepaid Expenses	-	1.05	-	0	0	0.06
Other Current Assets	26.03	25.14	9.45	4.35	2.66	2.42
Total Current Assets	998.76	996.33	908.14	931.19	935.89	874.98
Property, Plant & Equipment	620.79	630.67	572.3	425.87	378.35	259.27
Other Intangible Assets	16.56	16.9	16.33	16.82	17.51	13.78
Long-Term Deferred Tax Assets	24.91	24.91	18.21	14.07	9.56	7.11
Long-Term Deferred Charges	358.69	354.04	291.5	195.76	132.31	34.93
Other Long-Term Assets	0.22	0.22	0.56	28.89	5.24	21.82
Total Assets	2,020	2,023	1,807	1,613	1,479	1,212
Accounts Payable	141.3	153.07	86.29	40.06	80.68	34.28
Accrued Expenses	0.2	465.14	368.06	346.13	321.65	251.98
Short-Term Debt	30	30	24.2	24.2	85	35
Current Portion of Long-Term Debt	105.06	68.82	87.42	31.69	10	-
Current Portion of Leases	-	3.24	-	-	-	-
Current Income Taxes Payable	14.7	-	9.44	3.74	9.46	4.03
Current Unearned Revenue	0.94	0.99	0.51	3.62	6.71	7.5
Other Current Liabilities	444.85	15.83	19.67	26.79	11.73	8.88
Total Current Liabilities	737.06	737.07	595.59	476.22	525.23	341.66
Long-Term Debt	296.32	323.72	249.53	177.29	29.99	-
Long-Term Leases	3.56	7.26	0.64	4.43	9.04	3.25
Long-Term Unearned Revenue	28.95	29.16	24.79	19.98	20.11	18.67
Long-Term Deferred Tax Liabilities	8.39	8.39	2.46	2.72	2.56	2.3
Other Long-Term Liabilities	14.46	13.48	0.53	1.21	0.09	1.33
Total Liabilities	1,089	1,119	873.54	681.84	587.02	367.22
Common Stock	405.71	405.71	405.93	406.16	405.27	405.27
Additional Paid-In Capital	560.58	560.58	606	605.75	580.95	570.56
Retained Earnings	-32.25	-59.44	-81.7	-87.04	-104.59	-131.17
Treasury Stock	-3.17	-3.17	-5.56	-7.96	-	-
Total Common Equity	930.87	903.68	924.68	916.91	881.63	844.66
Minority Interest	0.31	0.3	8.82	13.86	10.22	-
Shareholders' Equity	931.18	903.98	933.5	930.77	891.85	844.66
Total Liabilities & Equity	2,020	2,023	1,807	1,613	1,479	1,212
Total Debt	434.93	433.03	361.79	237.61	134.03	38.25
Net Cash (Debt)	-240.04	-183.82	-120.13	124.47	225.2	416.11
Net Cash Growth	-	-	-	-44.73%	-45.88%	381.08%
Net Cash Per Share	-0.59	-0.45	-0.30	0.31	0.56	1.08
Filing Date Shares Outstanding	405.21	405.71	405.93	406.16	405.27	405.27
Total Common Shares Outstanding	405.21	405.71	405.93	406.16	405.27	405.27
Working Capital	261.69	259.26	312.55	454.97	410.67	533.31
Book Value Per Share	2.30	2.23	2.28	2.26	2.18	2.08
Tangible Book Value	914.31	886.78	908.35	900.08	864.11	830.88
Tangible Book Value Per Share	2.26	2.19	2.24	2.22	2.13	2.05
Buildings	-	224.69	224.69	96.22	103.17	103.17
Machinery	-	383.4	318.26	299.39	261.88	245.29
Construction In Progress	-	226.26	211.27	181.35	135.49	11.63