SHA:688321 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	-	375.55	375.9	508.98	300.55
Short-Term Investments	-	384.35	257.52	181.6	100.09
Trading Asset Securities	-	94.13	216.72	291.07	82.08
Cash & Short-Term Investments	636.41	854.04	850.14	981.65	482.71
Cash Growth	-25.48%	0.46%	-13.40%	103.36%	-31.19%
Accounts Receivable	-	162.97	196.82	154.81	111.44
Other Receivables	-	13	21.71	11.62	9.17
Receivables	-	175.97	218.53	166.43	120.62
Inventory	-	40.84	47.13	28.47	15.37
Prepaid Expenses	-	-	-	-	1.69
Other Current Assets	-	12.61	14.29	7.58	18.43
Total Current Assets	-	1,083	1,130	1,184	638.82
Property, Plant & Equipment	-	1,158	1,066	1,100	698.99
Long-Term Investments	-	245.63	268.94	29.83	-
Other Intangible Assets	-	448.29	183.99	202.8	216.18
Long-Term Deferred Tax Assets	-	1.53	2.08	24.67	22.03
Long-Term Deferred Charges	-	168.3	403.8	270.53	145.93
Other Long-Term Assets	-	146.14	148.27	83.81	172.46
Total Assets	-	3,251	3,203	2,896	1,894
Accounts Payable	-	2.19	9.03	0.32	2.23
Accrued Expenses	-	142.03	120.2	77.4	65.82
Short-Term Debt	-	100.22	130.11	185.78	120.15
Current Portion of Long-Term Debt	-	133.66	36.19	19.88	17.92
Current Portion of Leases	-	3.54	2.84	2.89	4.76
Current Income Taxes Payable	-	-	0.17	12.07	10.77
Current Unearned Revenue	-	0.17	0.08	0.23	0.29
Other Current Liabilities	-	69.5	92.18	241.96	71.89
Total Current Liabilities	-	451.31	390.81	540.54	293.84
Long-Term Debt	-	1,088	899.17	598.02	4.88
Long-Term Leases	-	7.76	10.06	1.29	1.42
Long-Term Unearned Revenue	-	83.35	77.04	86.96	78.94
Long-Term Deferred Tax Liabilities	-	38.96	23.45	-	-
Other Long-Term Liabilities	-	0	92.83	93.29	97.71
Total Liabilities	-	1,670	1,493	1,320	476.79
Common Stock	-	407.8	411.29	410.72	410.72
Additional Paid-In Capital	-	1,013	1,138	1,075	1,125
Retained Earnings	-	28.26	142.83	53.99	36.51
Treasury Stock	-	-	-113.07	-154.59	-154.59
Comprehensive Income & Other	-	131.84	131.09	130.05	-0.29
Total Common Equity	1,656	1,581	1,710	1,515	1,418
Minority Interest	-	-	-	60.23	-
Shareholders' Equity	1,656	1,581	1,710	1,576	1,418
Total Liabilities & Equity	-	3,251	3,203	2,896	1,894
Total Debt	1,549	1,334	1,078	807.87	149.14
Net Cash (Debt)	-912.83	-479.55	-228.24	173.78	333.58
Net Cash Growth	-	-	-	-47.90%	-48.17%
Net Cash Per Share	-2.24	-1.18	-0.56	0.43	0.81
Filing Date Shares Outstanding	407.81	407.8	409.01	406.97	406.97
Total Common Shares Outstanding	407.81	407.8	409.01	406.97	406.97
Working Capital	-	632.16	739.28	643.59	344.98
Book Value Per Share	4.06	3.88	4.18	3.72	3.48
Tangible Book Value	1,230	1,133	1,526	1,313	1,201
Tangible Book Value Per Share	3.02	2.78	3.73	3.23	2.95
Buildings	-	745.57	656.92	722.9	471.88
Machinery	-	118.55	108.28	112.93	90.43
Construction In Progress	-	384.86	360.81	308.1	157.75

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