SHA:688328 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	204.58	179.04	191.7	146.93	314.93	239.3
Short-Term Investments	-	-	21.53	-	-	-
Trading Asset Securities	125.16	-	29.06	171.17	86.64	-
Cash & Short-Term Investments	329.74	179.04	242.29	318.1	401.56	239.3
Cash Growth	14.31%	-26.11%	-23.83%	-20.78%	67.81%	9.79%
Accounts Receivable	511.36	491.52	520.47	504.59	576.66	639.64
Other Receivables	75.68	9.29	6.71	12.93	23.77	18.17
Receivables	587.04	500.81	527.18	517.52	600.42	657.81
Inventory	273.4	286.16	318.83	229.24	242.33	230.98
Other Current Assets	49.81	43.7	48.05	80.65	32.48	32.09
Total Current Assets	1,240	1,010	1,136	1,146	1,277	1,160
Property, Plant & Equipment	304.91	317.95	351.86	387.66	447.67	277.36
Long-Term Investments	42.5	35.75	16.75	3	2.06	4.84
Goodwill	7.47	7.47	7.47	12.32	5.9	4.92
Other Intangible Assets	22.61	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	51.94	48.84	51.31	52.1	31	12.8
Long-Term Deferred Charges	13.42	13.05	16.38	17.76	13.91	0.93
Other Long-Term Assets	5.32	1.24	0.25	3.1	3.83	1.7
Total Assets	1,688	1,461	1,610	1,655	1,807	1,489

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	350.4	228.93	341.03	248.9	305.84	374.12
Accrued Expenses	57.6	36.27	34.36	48.73	59.01	51.01
Short-Term Debt	131.63	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	44.7	27.64	28.18	23.97	19.43	41.83
Other Current Liabilities	134.56	182.14	143.1	67.73	84.26	57.38
Total Current Liabilities	718.89	601.71	741.59	583.84	651.47	624.07
Long-Term Debt	-	-	-	103.66	337.77	48.9
Long-Term Leases	6.04	6.48	14.1	15.02	11.92	-
Long-Term Unearned Revenue	-	-	-	1.02	1.13	0.73
Long-Term Deferred Tax Liabilities	0.96	1.04	2.2	2.66	0.2	-
Other Long-Term Liabilities	26.35	8.9	-	-	-	-
Total Liabilities	752.23	618.12	757.9	706.19	1,002	673.7

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	95.06	94.46	94.46	90.59	81.04	81.04
Additional Paid-In Capital	708.53	698.39	707.22	657.42	394.52	386.38
Retained Earnings	107.57	37.49	13.08	128.2	243.86	296.72
Treasury Stock	-	-	-4.5	-	-	-
Comprehensive Income & Other	0.06	-0.02	-0.02	5.64	19.28	-
Total Common Equity	911.22	830.32	810.23	881.85	738.7	764.14
Minority Interest	24.7	13.02	41.78	67.43	66.25	50.83
Shareholders' Equity	935.92	843.34	852.02	949.28	804.95	814.97
Total Liabilities & Equity	1,688	1,461	1,610	1,655	1,807	1,489

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	137.66	132.35	208.67	310.85	529.87	148.07
Net Cash (Debt)	192.08	46.68	33.61	7.26	-128.31	91.23
Net Cash Growth	255.83%	38.88%	363.11%	-	-	-9.72%
Net Cash Per Share	2.02	0.50	0.36	0.09	-1.58	1.19
Filing Date Shares Outstanding	94.91	94.46	94.46	90.59	81.04	81.04
Total Common Shares Outstanding	94.91	94.46	94.46	90.59	81.04	81.04
Working Capital	521.1	408.01	394.75	561.66	625.33	536.11
Book Value Per Share	9.60	8.79	8.58	9.73	9.12	9.43
Tangible Book Value	881.14	799.33	778.26	845.52	708.24	733.29
Tangible Book Value Per Share	9.28	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