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

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