SHA:688345 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	-	222.29	354.23	448.59	505.83
Cash & Short-Term Investments	416.04	222.29	354.23	448.59	505.83
Cash Growth	87.16%	-37.25%	-21.04%	-11.32%	293.13%
Accounts Receivable	-	654.26	642.75	538.07	595.44
Other Receivables	-	127.12	158.08	4.42	25.13
Receivables	-	781.38	800.82	542.49	620.57
Inventory	-	478.39	391.15	504.18	549.05
Other Current Assets	-	35.17	17.52	206.92	38.71
Total Current Assets	-	1,517	1,564	1,702	1,714
Property, Plant & Equipment	-	898.18	835.73	736.81	342.78
Long-Term Investments	-	59.16	66.96	30	30
Goodwill	-	0.33	-	-	-
Other Intangible Assets	-	102.77	105.64	65.92	65.06
Long-Term Accounts Receivable	-	0.02	-	4.17	-
Long-Term Deferred Tax Assets	-	82.97	49.35	14.66	7.74
Long-Term Deferred Charges	-	17.26	17.18	19.11	15.23
Other Long-Term Assets	-	14.34	12.51	18.02	44.67
Total Assets	-	2,692	2,651	2,591	2,220
Accounts Payable	-	1,016	831.2	624.3	633.55
Accrued Expenses	-	50.06	41.76	41.49	47.11
Short-Term Debt	-	221.32	169.88	202.32	159.8
Current Portion of Long-Term Debt	-	130.08	143.46	28.79	-
Current Portion of Leases	-	6.76	5.67	15.48	9.77
Current Income Taxes Payable	-	0.2	0.21	0.75	0.32
Current Unearned Revenue	-	62.02	44.39	46.49	43.23
Other Current Liabilities	-	65.27	92.55	61.33	130.62
Total Current Liabilities	-	1,552	1,329	1,021	1,024
Long-Term Debt	-	12.7	110.88	250.95	-
Long-Term Leases	-	24.57	31.39	87.48	44.94
Long-Term Unearned Revenue	-	17.78	3.73	1.14	-
Long-Term Deferred Tax Liabilities	-	7.89	9.45	0.04	-
Other Long-Term Liabilities	-	23.76	9.01	10.83	6.5
Total Liabilities	-	1,638	1,494	1,371	1,076
Common Stock	-	100	100	100	100
Additional Paid-In Capital	-	737.65	737.65	737.65	737.65
Retained Earnings	-	221.84	318.45	392.23	302.04
Treasury Stock	-	-6	-	-	-
Comprehensive Income & Other	-	-4.99	1.4	-14.53	0.94
Total Common Equity	1,104	1,048	1,157	1,215	1,141
Minority Interest	-	5.46	-	4.15	3.19
Shareholders' Equity	1,108	1,054	1,157	1,219	1,144
Total Liabilities & Equity	-	2,692	2,651	2,591	2,220
Total Debt	477.37	395.43	461.28	585.02	214.51
Net Cash (Debt)	-61.34	-173.13	-107.05	-136.43	291.32
Net Cash Growth	-	-	-	-	281.65%
Net Cash Per Share	-0.62	-1.74	-1.08	-1.36	3.33
Filing Date Shares Outstanding	98.56	93.05	100	100	100
Total Common Shares Outstanding	98.56	93.05	100	100	100
Working Capital	-	-34.38	234.59	681.23	689.76
Book Value Per Share	11.37	11.27	11.57	12.15	11.41
Tangible Book Value	1,002	945.39	1,052	1,149	1,076
Tangible Book Value Per Share	10.33	10.16	10.52	11.49	10.76
Buildings	-	489.5	473.18	-	-
Machinery	-	346.5	304.49	267.22	129.1
Construction In Progress	-	101.35	36.37	390.75	165.02

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