SHA:688334 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	1,393	1,054	863.75	286.27	455.41
Short-Term Investments	-	267.48	430.14	-	-
Cash & Short-Term Investments	1,393	1,322	1,294	286.27	455.41
Cash Growth	5.39%	2.16%	351.98%	-37.14%	143.82%
Accounts Receivable	167.88	172.14	216.11	92.34	103.38
Other Receivables	0.86	0.81	25.31	6.66	1.47
Receivables	168.74	172.96	241.41	99.01	104.85
Inventory	64.99	51.85	54.02	79.22	74.48
Prepaid Expenses	-	8.83	11.08	16.57	10.41
Other Current Assets	725.99	21.62	22.2	21.83	10.45
Total Current Assets	2,353	1,577	1,623	502.9	655.61
Property, Plant & Equipment	1,006	1,095	922.13	883.99	940.8
Long-Term Investments	236.88	718.69	927.9	720.7	437.78
Goodwill	23.72	23.72	23.72	24.4	25.54
Other Intangible Assets	122.36	127.24	102.84	104.17	103.6
Long-Term Accounts Receivable	-	-	-	0.02	-
Long-Term Deferred Tax Assets	0.77	3	3.76	1.81	2.49
Other Long-Term Assets	27.84	3.4	32.98	16.86	5.9
Total Assets	3,770	3,548	3,636	2,255	2,172
Accounts Payable	61.63	124.43	148.18	44.53	39.52
Accrued Expenses	9.34	12.03	7.45	7.51	9.98
Current Portion of Long-Term Debt	4.44	3.8	3.8	3.8	3.8
Current Portion of Leases	-	3.8	3.64	3.13	2.99
Current Income Taxes Payable	13.64	5.97	7.15	-	1.06
Current Unearned Revenue	382	282.27	195.33	171.5	170.8
Other Current Liabilities	29.35	58.32	24.79	5.86	31.97
Total Current Liabilities	500.4	490.63	390.33	236.34	260.11
Long-Term Debt	35.11	9.6	13.41	17.21	21.01
Long-Term Leases	3.86	0.19	4.86	6.7	9.84
Long-Term Unearned Revenue	69.02	80.19	90.04	104.04	124.34
Pension & Post-Retirement Benefits	-	11.16	10.05	7.9	9.05
Long-Term Deferred Tax Liabilities	23.13	26.99	28.87	30.96	26.55
Other Long-Term Liabilities	17.84	0.46	1.2	1.04	1.43
Total Liabilities	649.36	619.24	538.75	404.18	452.34
Common Stock	316.58	316.58	316.58	237.43	237.43
Additional Paid-In Capital	2,127	2,127	2,473	1,509	1,509
Retained Earnings	466.56	335.29	269.65	103.99	-26.37
Comprehensive Income & Other	-0.91	-0.6	0.01	0.08	-0.85
Total Common Equity	2,909	2,778	3,060	1,851	1,719
Minority Interest	211.8	150.72	37.61	-	-
Shareholders' Equity	3,121	2,929	3,097	1,851	1,719
Total Liabilities & Equity	3,770	3,548	3,636	2,255	2,172
Total Debt	43.41	17.4	25.71	30.84	37.63
Net Cash (Debt)	1,350	1,304	1,268	255.43	417.77
Net Cash Growth	3.47%	2.86%	396.49%	-38.86%	164.12%
Net Cash Per Share	4.26	4.12	4.58	1.08	2.66
Filing Date Shares Outstanding	316.58	316.58	316.58	237.43	237.43
Total Common Shares Outstanding	316.58	316.58	316.58	237.43	237.43
Working Capital	1,852	1,086	1,232	266.56	395.5
Book Value Per Share	9.19	8.78	9.66	7.79	7.24
Tangible Book Value	2,763	2,627	2,933	1,722	1,590
Tangible Book Value Per Share	8.73	8.30	9.26	7.25	6.70
Buildings	-	844.53	692.38	690.95	691.09
Machinery	-	2,027	1,882	1,718	1,655
Construction In Progress	-	6.67	6.84	2.63	13.83

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