SHA:688332 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	898.09	1,062	1,847	2,779	1,217	3.9
Trading Asset Securities	1,851	1,758	1,579	921.55	1,810	269.77
Cash & Short-Term Investments	2,749	2,820	3,426	3,701	3,027	273.67
Cash Growth	-14.58%	-17.68%	-7.43%	22.27%	1005.97%	-37.37%
Accounts Receivable	69.49	77.05	69.14	52.75	50.49	3.37
Other Receivables	3.39	1.31	1.11	0.67	0.95	1.1
Receivables	72.88	78.36	70.25	53.41	51.44	4.47
Inventory	738.82	692.3	612.23	813.94	504.12	562.85
Other Current Assets	154.77	143.11	114.57	117.73	96.66	101.18
Total Current Assets	3,715	3,734	4,223	4,686	3,679	942.17
Property, Plant & Equipment	15.01	16.65	11.71	9.17	11.58	14.84
Long-Term Investments	1,924	1,874	279.75	94.25	-	-
Other Intangible Assets	29.46	32.23	9.65	8.38	15.76	1.23
Long-Term Deferred Tax Assets	-	-	11.58	0.1	-	-
Long-Term Deferred Charges	0.86	0.84	-	0.37	1.08	0.74
Other Long-Term Assets	10.42	63.92	2.84	2.79	0.03	0.26
Total Assets	5,695	5,722	4,539	4,801	3,707	959.23
Accounts Payable	113.03	116.43	131.84	135.44	127.61	55.95
Accrued Expenses	7.33	34.33	32.07	29.79	21.16	14.62
Short-Term Debt	135.1	135.11	302.58	800.25	-	-
Current Portion of Long-Term Debt	4.05	-	49.03	50.04	-	-
Current Portion of Leases	-	3.97	2.63	2.22	5.04	3.86
Current Income Taxes Payable	0.89	0	0.95	0	-	-
Current Unearned Revenue	11.12	3.57	4.21	1.17	1.66	1.5
Other Current Liabilities	8.05	5.16	5.48	5.7	4.57	5.63
Total Current Liabilities	279.57	298.56	528.77	1,025	160.04	81.56
Long-Term Leases	3.01	4.12	3.39	2.24	1.71	5.12
Long-Term Unearned Revenue	1.2	1.47	0.57	1	-	-
Long-Term Deferred Tax Liabilities	120.54	120.62	3.04	0.18	-	-
Total Liabilities	404.33	424.78	535.77	1,028	161.75	86.68
Common Stock	120.6	120.6	120.31	120	120	90
Additional Paid-In Capital	2,891	2,891	2,892	2,865	2,845	277.25
Retained Earnings	2,268	2,274	978.39	777.89	580.2	505.3
Total Common Equity	5,280	5,285	3,990	3,763	3,546	872.55
Minority Interest	11.46	11.48	12.34	9.74	-	-
Shareholders' Equity	5,291	5,297	4,003	3,773	3,546	872.55
Total Liabilities & Equity	5,695	5,722	4,539	4,801	3,707	959.23
Total Debt	142.16	143.2	357.62	854.74	6.75	8.98
Net Cash (Debt)	2,607	2,677	3,068	2,846	3,020	264.69
Net Cash Growth	-7.06%	-12.75%	7.81%	-5.76%	1040.94%	-38.02%
Net Cash Per Share	21.82	22.22	25.46	23.63	29.36	2.94
Filing Date Shares Outstanding	117.38	120.6	120.31	120	120	90
Total Common Shares Outstanding	117.38	120.6	120.31	120	120	90
Working Capital	3,436	3,435	3,694	3,661	3,519	860.61
Book Value Per Share	44.98	43.83	33.17	31.36	29.55	9.69
Tangible Book Value	5,250	5,253	3,981	3,755	3,530	871.32
Tangible Book Value Per Share	44.73	43.56	33.09	31.29	29.42	9.68
Machinery	-	22.45	17.83	14.59	12.55	10.73

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