SHA:688343 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	Jun '26 Jun 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	1,748	1,602	926.74	804.54	390.66	862.55
Trading Asset Securities	203.11	882.6	701	2,636	486.58	535.79
Cash & Short-Term Investments	1,951	2,485	1,628	3,440	877.24	1,398
Cash Growth	-18.81%	52.66%	-52.68%	292.15%	-37.27%	-15.17%
Accounts Receivable	656.58	685.11	753.37	504.13	448.25	237.2
Other Receivables	60.82	64.87	86.09	37.26	10.38	11.17
Receivables	717.4	749.99	839.46	541.39	458.63	248.37
Inventory	337.56	285.94	249.41	135.91	66.64	60.39
Prepaid Expenses	-	-	-	0	-	-
Other Current Assets	460.34	302.81	267.58	61.63	45.08	9.66
Total Current Assets	3,467	3,824	2,984	4,179	1,448	1,717
Property, Plant & Equipment	1,189	1,311	1,586	357.4	72.87	58.33
Long-Term Investments	353.23	222.33	161.96	67	-	0.1
Goodwill	20.37	20.37	20.37	-	-	-
Other Intangible Assets	22.87	26.87	35.42	2.41	2.4	2.5
Long-Term Accounts Receivable	39.47	45.95	73.76	144.43	94.12	112.8
Long-Term Deferred Tax Assets	13.36	11.54	13.03	6.43	2.64	0.16
Long-Term Deferred Charges	4.65	1.54	1.62	3.53	7.35	11.76
Other Long-Term Assets	0.41	17.78	42.46	93.33	-	0.29
Total Assets	5,110	5,481	4,918	4,854	1,627	1,903

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	458.68	413.01	465.31	246.18	250.72	190.5
Accrued Expenses	80.09	114.93	93.47	96.92	152.89	125.27
Short-Term Debt	29.72	113.14	66.16	-	-	-
Current Portion of Long-Term Debt	419.35	390.27	6.39	-	-	13.18
Current Portion of Leases	14.87	15.93	15.16	13.82	14.13	13.38
Current Income Taxes Payable	0.03	0.23	0.3	0.15	0.1	-
Current Unearned Revenue	154.08	72.18	63.75	44.89	33.69	31.4
Other Current Liabilities	75.14	32.77	76.88	16.81	23.99	34.85
Total Current Liabilities	1,232	1,152	787.41	418.77	475.52	408.58
Long-Term Debt	150.1	320.24	85.75	-	-	-
Long-Term Leases	13.29	17.84	14.18	22.86	2.66	13.57
Long-Term Unearned Revenue	122.35	176.18	75.94	27.76	53.72	75.49
Long-Term Deferred Tax Liabilities	7.81	8.39	9.26	5.58	2.57	-
Total Liabilities	1,526	1,675	972.54	474.97	534.47	497.64

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	359.6	358.83	355.13	355.13	266.35	266.35
Additional Paid-In Capital	6,065	6,034	5,805	5,617	2,036	1,901
Retained Earnings	-2,846	-2,594	-2,171	-1,592	-1,209	-761.99
Treasury Stock	-39.46	-39.46	-39.46	-	-	-
Comprehensive Income & Other	25.45	25.56	-12.44	0.15	0.11	-0.11
Total Common Equity	3,565	3,786	3,937	4,380	1,093	1,405
Minority Interest	18.88	19.65	9.28	-1.71	-0.71	-0.11
Shareholders' Equity	3,584	3,805	3,946	4,379	1,092	1,405
Total Liabilities & Equity	5,110	5,481	4,918	4,854	1,627	1,903

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	627.32	857.41	187.64	36.67	16.79	40.13
Net Cash (Debt)	1,324	1,628	1,440	3,403	860.44	1,358
Net Cash Growth	-6.67%	13.01%	-57.69%	295.55%	-36.65%	-13.58%
Net Cash Per Share	3.67	4.55	4.05	10.22	3.23	5.09
Filing Date Shares Outstanding	358.17	357.39	353.7	355.13	355.13	266.35
Total Common Shares Outstanding	358.17	357.39	353.7	355.13	266.35	266.35
Working Capital	2,235	2,671	2,197	3,760	972.07	1,308
Book Value Per Share	9.95	10.59	11.13	12.33	4.10	5.28
Tangible Book Value	3,522	3,739	3,881	4,378	1,091	1,403
Tangible Book Value Per Share	9.83	10.46	10.97	12.33	4.10	5.27
Machinery	1,848	1,792	1,757	393.84	90.48	53.49