SHA:688338 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	798.1	779.79	1,074	1,281	1,309	1,322
Trading Asset Securities	502.71	500.39	200.21	-	-	-
Cash & Short-Term Investments	1,301	1,280	1,274	1,281	1,309	1,322
Cash Growth	2.67%	0.47%	-0.50%	-2.17%	-1.02%	4.21%
Accounts Receivable	51.99	56.74	41.05	32.82	32.24	25.37
Other Receivables	0.24	0.07	0.15	0.98	1.02	0.45
Receivables	52.23	56.81	41.2	33.8	33.27	25.82
Inventory	43.05	42.47	41.72	49.79	43	38.42
Prepaid Expenses	-	-	-	-	0.31	-
Other Current Assets	25.41	26.49	25.3	18.07	12.63	1.76
Total Current Assets	1,421	1,406	1,382	1,382	1,398	1,388
Property, Plant & Equipment	326.21	328.16	334.07	289.77	178.38	62.37
Long-Term Investments	2.5	2.5	2.5	3.39	4	-
Other Intangible Assets	20.66	21.03	22.95	24.17	25.67	27.19
Long-Term Deferred Tax Assets	6.35	6.69	6.38	4.65	4.59	5.52
Long-Term Deferred Charges	0.09	0.11	0.21	0.18	0.03	0.1
Other Long-Term Assets	0.79	1.1	0.1	1.78	1.14	0.09
Total Assets	1,778	1,766	1,749	1,706	1,612	1,484
Accounts Payable	16.62	17.87	37	45.45	43.7	10.11
Accrued Expenses	13.13	10.51	24.63	22.93	25.05	21.93
Current Portion of Long-Term Debt	-	0.05	-	-	-	-
Current Portion of Leases	-	-	0.06	0.12	0.74	3.37
Current Income Taxes Payable	-	7.9	3.32	3.16	11.41	6.1
Current Unearned Revenue	32.2	31.21	34.47	30.49	21.49	16.74
Other Current Liabilities	6.37	7.43	1.9	2.12	4.22	2.22
Total Current Liabilities	68.33	74.98	101.38	104.28	106.61	60.47
Long-Term Leases	-	-	-	0.06	-	0.79
Long-Term Unearned Revenue	-	-	0.06	0.12	0.17	0.23
Other Long-Term Liabilities	0.79	0.88	1.02	1.55	0.66	1.39
Total Liabilities	69.11	75.86	102.46	106.01	107.44	62.88
Common Stock	106.14	106.14	106.14	106.14	81.65	81.65
Additional Paid-In Capital	1,011	1,011	1,011	1,011	1,036	1,036
Retained Earnings	642.76	623.44	568.15	482.75	387.07	303.37
Treasury Stock	-51.1	-51.1	-39.38	-	-	-
Total Common Equity	1,709	1,690	1,646	1,600	1,505	1,421
Minority Interest	-0.17	-0.16	-0.08	-0.02	-	-
Shareholders' Equity	1,709	1,690	1,646	1,600	1,505	1,421
Total Liabilities & Equity	1,778	1,766	1,749	1,706	1,612	1,484
Total Debt	-	0.05	0.06	0.18	0.74	4.17
Net Cash (Debt)	1,301	1,280	1,274	1,280	1,308	1,318
Net Cash Growth	2.68%	0.47%	-0.49%	-2.13%	-0.76%	3.88%
Net Cash Per Share	12.44	12.14	12.07	12.05	12.31	12.39
Filing Date Shares Outstanding	101.68	109.26	103.97	106.14	106.14	106.14
Total Common Shares Outstanding	101.68	109.26	104.47	106.14	106.14	106.14
Working Capital	1,353	1,331	1,281	1,278	1,292	1,328
Book Value Per Share	16.81	15.47	15.76	15.08	14.17	13.39
Tangible Book Value	1,688	1,669	1,623	1,576	1,479	1,394
Tangible Book Value Per Share	16.61	15.27	15.54	14.85	13.93	13.13
Buildings	-	-	340.88	38.46	38.46	38.46
Machinery	-	-	29.95	22.83	21.15	21.16
Construction In Progress	-	-	-	255.14	142.41	19.7

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