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	Sep '26 Sep 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	1,810	1,602	926.74	804.54	390.66	862.55
Trading Asset Securities	220.58	882.6	701	2,636	486.58	535.79
Cash & Short-Term Investments	2,030	2,485	1,628	3,440	877.24	1,398
Cash Growth	-22.44%	52.66%	-52.68%	292.15%	-37.27%	-15.17%
Accounts Receivable	606.86	685.11	753.37	504.13	448.25	237.2
Other Receivables	28.11	64.87	86.09	37.26	10.38	11.17
Receivables	634.97	749.99	839.46	541.39	458.63	248.37
Inventory	398.87	285.94	249.41	135.91	66.64	60.39
Prepaid Expenses	-	-	-	0	-	-
Other Current Assets	498.5	302.81	267.58	61.63	45.08	9.66
Total Current Assets	3,563	3,824	2,984	4,179	1,448	1,717
Property, Plant & Equipment	1,117	1,311	1,586	357.4	72.87	58.33
Long-Term Investments	357.05	222.33	161.96	67	-	0.1
Goodwill	20.37	20.37	20.37	-	-	-
Other Intangible Assets	20.79	26.87	35.42	2.41	2.4	2.5
Long-Term Accounts Receivable	-	45.95	73.76	144.43	94.12	112.8
Long-Term Deferred Tax Assets	13.61	11.54	13.03	6.43	2.64	0.16
Long-Term Deferred Charges	5.73	1.54	1.62	3.53	7.35	11.76
Other Long-Term Assets	39.61	17.78	42.46	93.33	-	0.29
Total Assets	5,136	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	Sep '26 Sep 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	477.35	413.01	465.31	246.18	250.72	190.5
Accrued Expenses	121.14	114.93	93.47	96.92	152.89	125.27
Short-Term Debt	48.04	113.14	66.16	-	-	-
Current Portion of Long-Term Debt	439.27	390.27	6.39	-	-	13.18
Current Portion of Leases	-	15.93	15.16	13.82	14.13	13.38
Current Income Taxes Payable	1.97	0.23	0.3	0.15	0.1	-
Current Unearned Revenue	178.14	72.18	63.75	44.89	33.69	31.4
Other Current Liabilities	95.27	32.77	76.88	16.81	23.99	34.85
Total Current Liabilities	1,361	1,152	787.41	418.77	475.52	408.58
Long-Term Debt	216	320.24	85.75	-	-	-
Long-Term Leases	11.08	17.84	14.18	22.86	2.66	13.57
Long-Term Unearned Revenue	105.82	176.18	75.94	27.76	53.72	75.49
Long-Term Deferred Tax Liabilities	7.45	8.39	9.26	5.58	2.57	-
Total Liabilities	1,702	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	Sep '26 Sep 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	6,095	6,034	5,805	5,617	2,036	1,901
Retained Earnings	-3,009	-2,594	-2,171	-1,592	-1,209	-761.99
Treasury Stock	-39.46	-39.46	-39.46	-	-	-
Comprehensive Income & Other	25.21	25.56	-12.44	0.15	0.11	-0.11
Total Common Equity	3,431	3,786	3,937	4,380	1,093	1,405
Minority Interest	3.75	19.65	9.28	-1.71	-0.71	-0.11
Shareholders' Equity	3,435	3,805	3,946	4,379	1,092	1,405
Total Liabilities & Equity	5,136	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	Sep '26 Sep 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	714.39	857.41	187.64	36.67	16.79	40.13
Net Cash (Debt)	1,316	1,628	1,440	3,403	860.44	1,358
Net Cash Growth	-19.51%	13.01%	-57.69%	295.55%	-36.65%	-13.58%
Net Cash Per Share	3.65	4.55	4.05	10.22	3.23	5.09
Filing Date Shares Outstanding	355.31	357.39	353.7	355.13	355.13	266.35
Total Common Shares Outstanding	355.31	357.39	353.7	355.13	266.35	266.35
Working Capital	2,201	2,671	2,197	3,760	972.07	1,308
Book Value Per Share	9.66	10.59	11.13	12.33	4.10	5.28
Tangible Book Value	3,390	3,739	3,881	4,378	1,091	1,403
Tangible Book Value Per Share	9.54	10.46	10.97	12.33	4.10	5.27
Machinery	-	1,792	1,757	393.84	90.48	53.49