SHA:688328 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	-	191.7	146.93	314.93	239.3
Short-Term Investments	-	21.53	-	-	-
Trading Asset Securities	-	29.06	171.17	86.64	-
Cash & Short-Term Investments	288.46	242.29	318.1	401.56	239.3
Cash Growth	19.06%	-23.83%	-20.78%	67.81%	9.79%
Accounts Receivable	-	520.47	504.59	576.66	639.64
Other Receivables	-	6.71	12.93	23.77	18.17
Receivables	-	527.18	517.52	600.42	657.81
Inventory	-	318.83	229.24	242.33	230.98
Other Current Assets	-	48.05	80.65	32.48	32.09
Total Current Assets	-	1,136	1,146	1,277	1,160
Property, Plant & Equipment	-	351.86	387.66	447.67	277.36
Long-Term Investments	-	16.75	3	2.06	4.84
Goodwill	-	7.47	12.32	5.9	4.92
Other Intangible Assets	-	24.5	24.01	24.55	25.93
Long-Term Accounts Receivable	-	5.05	10.02	1.72	-
Long-Term Deferred Tax Assets	-	51.31	52.1	31	12.8
Long-Term Deferred Charges	-	16.38	17.76	13.91	0.93
Other Long-Term Assets	-	0.25	3.1	3.83	1.7
Total Assets	-	1,610	1,655	1,807	1,489
Accounts Payable	-	341.03	248.9	305.84	374.12
Accrued Expenses	-	34.36	48.73	59.01	51.01
Short-Term Debt	-	193.52	191.29	175.31	96.25
Current Portion of Leases	-	1.05	0.88	4.86	2.93
Current Income Taxes Payable	-	0.35	2.33	2.76	0.55
Current Unearned Revenue	-	28.18	23.97	19.43	41.83
Other Current Liabilities	-	143.1	67.73	84.26	57.38
Total Current Liabilities	-	741.59	583.84	651.47	624.07
Long-Term Debt	-	-	103.66	337.77	48.9
Long-Term Leases	-	14.1	15.02	11.92	-
Long-Term Unearned Revenue	-	-	1.02	1.13	0.73
Long-Term Deferred Tax Liabilities	-	2.2	2.66	0.2	-
Total Liabilities	-	757.9	706.19	1,002	673.7
Common Stock	-	94.46	90.59	81.04	81.04
Additional Paid-In Capital	-	707.22	657.42	394.52	386.38
Retained Earnings	-	13.08	128.2	243.86	296.72
Treasury Stock	-	-4.5	-	-	-
Comprehensive Income & Other	-	-0.02	5.64	19.28	-
Total Common Equity	828.81	810.23	881.85	738.7	764.14
Minority Interest	-	41.78	67.43	66.25	50.83
Shareholders' Equity	840.79	852.02	949.28	804.95	814.97
Total Liabilities & Equity	-	1,610	1,655	1,807	1,489
Total Debt	234.48	208.67	310.85	529.87	148.07
Net Cash (Debt)	53.98	33.61	7.26	-128.31	91.23
Net Cash Growth	60.59%	363.11%	-	-	-9.72%
Net Cash Per Share	0.56	0.36	0.09	-1.58	1.19
Filing Date Shares Outstanding	106.18	94.46	90.59	81.04	81.04
Total Common Shares Outstanding	94.46	94.46	90.59	81.04	81.04
Working Capital	-	394.75	561.66	625.33	536.11
Book Value Per Share	8.77	8.58	9.73	9.12	9.43
Tangible Book Value	797.51	778.26	845.52	708.24	733.29
Tangible Book Value Per Share	8.44	8.24	9.33	8.74	9.05
Buildings	-	311.74	320.85	320.85	2.83
Machinery	-	77.05	84.43	126.22	20.15
Construction In Progress	-	1.11	0.58	-	261.17

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.