SHA:688329 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	108.1	123	140.32	125.44	217.99	152.21
Short-Term Investments	-	131.1	120.38	131.7	-	-
Trading Asset Securities	4.86	44.86	23.76	10.02	85	169
Cash & Short-Term Investments	112.96	298.96	284.47	267.17	302.99	321.21
Cash Growth	-12.75%	5.09%	6.48%	-11.82%	-5.67%	86.24%
Accounts Receivable	295.95	296.76	236.78	295.5	341.84	243.75
Other Receivables	10.91	21.74	18.01	36.17	43.82	24.76
Receivables	306.86	318.5	254.79	331.67	385.66	268.51
Inventory	106.22	89.83	83.32	80.71	61.65	75.47
Other Current Assets	191.61	43.09	133.15	119.89	89.53	30.64
Total Current Assets	717.65	750.37	755.73	799.43	839.84	695.83
Property, Plant & Equipment	446.21	426.54	410.8	429.59	372.43	295.16
Long-Term Investments	77.04	84.43	90.53	96.31	69.58	-
Goodwill	-	-	-	2.01	6.88	6.88
Other Intangible Assets	17.79	18.69	22.27	14.95	13.32	15.08
Long-Term Accounts Receivable	-	3.57	4.04	6.82	7.59	22.17
Long-Term Deferred Tax Assets	21.3	21.68	16.51	12.34	10.06	7.68
Long-Term Deferred Charges	11.17	11.93	2.06	1.64	2.82	1.98
Other Long-Term Assets	62.15	68.17	78.32	81.4	90.4	94.91
Total Assets	1,353	1,385	1,380	1,444	1,413	1,140
Accounts Payable	192.89	212.33	159.41	176.63	169.45	139.54
Accrued Expenses	16.5	32.66	23.39	21.02	30.94	27.5
Short-Term Debt	120.69	140.69	179.78	180.62	92.97	24.27
Current Portion of Long-Term Debt	9.77	6.93	38	47.5	-	50.06
Current Portion of Leases	-	0.9	2.28	3.39	2.2	-
Current Income Taxes Payable	4.77	2.75	1.6	3.81	11.37	8.34
Current Unearned Revenue	138.33	105.97	160.26	138.05	122.96	51.36
Other Current Liabilities	28.91	31.16	12.21	20.35	21.72	21.64
Total Current Liabilities	511.87	533.39	576.92	591.38	451.61	322.71
Long-Term Debt	52.74	34.74	21	35	100	-
Long-Term Leases	0.25	0.26	0.74	4.29	1.98	2.2
Long-Term Deferred Tax Liabilities	1.77	0.67	1.09	0.07	0.52	0.21
Other Long-Term Liabilities	14.89	15.78	11.69	9.67	10.19	7.43
Total Liabilities	581.52	584.84	611.45	640.41	564.3	332.55
Common Stock	77.2	77.2	77.2	77.2	77.2	77.2
Additional Paid-In Capital	398.02	401.32	438.87	441.57	438.95	440.43
Retained Earnings	303.1	326.21	307.65	340.68	348.89	285.49
Treasury Stock	-23.16	-22.5	-70.71	-61.83	-27.29	-
Comprehensive Income & Other	-0	-0	-	-	-	-
Total Common Equity	755.16	782.24	753.01	797.62	837.74	803.13
Minority Interest	16.62	18.3	15.8	6.46	10.88	4.01
Shareholders' Equity	771.79	800.54	768.81	804.07	848.62	807.14
Total Liabilities & Equity	1,353	1,385	1,380	1,444	1,413	1,140
Total Debt	183.45	183.52	241.79	270.8	197.15	76.53
Net Cash (Debt)	-70.49	115.44	42.67	-3.63	105.84	244.68
Net Cash Growth	-	170.50%	-	-	-56.74%	491.40%
Net Cash Per Share	-0.98	1.55	0.57	-0.05	1.38	3.38
Filing Date Shares Outstanding	74.83	74.83	74.78	75.47	76.41	77.2
Total Common Shares Outstanding	74.83	74.83	74.78	75.47	76.41	77.2
Working Capital	205.78	216.99	178.81	208.05	388.23	373.13
Book Value Per Share	10.09	10.45	10.07	10.57	10.96	10.40
Tangible Book Value	737.37	763.54	730.74	780.66	817.54	781.16
Tangible Book Value Per Share	9.85	10.20	9.77	10.34	10.70	10.12
Buildings	-	479.79	408.49	97.66	95.36	97.11
Machinery	-	73.07	69.2	63.8	70.32	61.11
Construction In Progress	-	-	20.28	332.99	275.01	201.85

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