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	179.04	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	179.04	242.29	318.1	401.56	239.3
Cash Growth	-26.11%	-23.83%	-20.78%	67.81%	9.79%
Accounts Receivable	491.52	520.47	504.59	576.66	639.64
Other Receivables	9.29	6.71	12.93	23.77	18.17
Receivables	500.81	527.18	517.52	600.42	657.81
Inventory	286.16	318.83	229.24	242.33	230.98
Other Current Assets	43.7	48.05	80.65	32.48	32.09
Total Current Assets	1,010	1,136	1,146	1,277	1,160
Property, Plant & Equipment	317.95	351.86	387.66	447.67	277.36
Long-Term Investments	35.75	16.75	3	2.06	4.84
Goodwill	7.47	7.47	12.32	5.9	4.92
Other Intangible Assets	23.52	24.5	24.01	24.55	25.93
Long-Term Accounts Receivable	3.93	5.05	10.02	1.72	-
Long-Term Deferred Tax Assets	48.84	51.31	52.1	31	12.8
Long-Term Deferred Charges	13.05	16.38	17.76	13.91	0.93
Other Long-Term Assets	1.24	0.25	3.1	3.83	1.7
Total Assets	1,461	1,610	1,655	1,807	1,489
Accounts Payable	228.93	341.03	248.9	305.84	374.12
Accrued Expenses	36.27	34.36	48.73	59.01	51.01
Short-Term Debt	125.3	193.52	191.29	175.31	96.25
Current Portion of Leases	0.57	1.05	0.88	4.86	2.93
Current Income Taxes Payable	0.85	0.35	2.33	2.76	0.55
Current Unearned Revenue	27.64	28.18	23.97	19.43	41.83
Other Current Liabilities	182.14	143.1	67.73	84.26	57.38
Total Current Liabilities	601.71	741.59	583.84	651.47	624.07
Long-Term Debt	-	-	103.66	337.77	48.9
Long-Term Leases	6.48	14.1	15.02	11.92	-
Long-Term Unearned Revenue	-	-	1.02	1.13	0.73
Long-Term Deferred Tax Liabilities	1.04	2.2	2.66	0.2	-
Other Long-Term Liabilities	8.9	-	-	-	-
Total Liabilities	618.12	757.9	706.19	1,002	673.7
Common Stock	94.46	94.46	90.59	81.04	81.04
Additional Paid-In Capital	698.39	707.22	657.42	394.52	386.38
Retained Earnings	37.49	13.08	128.2	243.86	296.72
Treasury Stock	-	-4.5	-	-	-
Comprehensive Income & Other	-0.02	-0.02	5.64	19.28	-
Total Common Equity	830.32	810.23	881.85	738.7	764.14
Minority Interest	13.02	41.78	67.43	66.25	50.83
Shareholders' Equity	843.34	852.02	949.28	804.95	814.97
Total Liabilities & Equity	1,461	1,610	1,655	1,807	1,489
Total Debt	132.35	208.67	310.85	529.87	148.07
Net Cash (Debt)	46.68	33.61	7.26	-128.31	91.23
Net Cash Growth	38.88%	363.11%	-	-	-9.72%
Net Cash Per Share	0.50	0.36	0.09	-1.58	1.19
Filing Date Shares Outstanding	94.46	94.46	90.59	81.04	81.04
Total Common Shares Outstanding	94.46	94.46	90.59	81.04	81.04
Working Capital	408.01	394.75	561.66	625.33	536.11
Book Value Per Share	8.79	8.58	9.73	9.12	9.43
Tangible Book Value	799.33	778.26	845.52	708.24	733.29
Tangible Book Value Per Share	8.46	8.24	9.33	8.74	9.05
Buildings	311.74	311.74	320.85	320.85	2.83
Machinery	63.43	77.05	84.43	126.22	20.15
Construction In Progress	-	1.11	0.58	-	261.17

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