SHA:688358 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	1,005	1,010	985.62	688.77	446.2	445.87
Trading Asset Securities	-	58	115.17	340.55	581.01	580.43
Cash & Short-Term Investments	1,005	1,068	1,101	1,029	1,027	1,026
Cash Growth	-10.45%	-3.02%	6.94%	0.21%	0.09%	-1.98%
Accounts Receivable	220.36	189.28	161.69	154.55	93.52	135.81
Other Receivables	4.16	4.28	2.44	3.47	3.68	1.65
Receivables	224.52	193.56	164.14	158.02	97.2	137.46
Inventory	139.49	129.35	126.33	135.93	196.96	99.45
Other Current Assets	15.8	16.12	13.78	18.06	17.46	7.11
Total Current Assets	1,385	1,407	1,405	1,341	1,339	1,270
Property, Plant & Equipment	153.1	151.71	157.72	143.24	137.33	94.48
Other Intangible Assets	21.36	21.57	20.43	21.07	22.06	22.54
Long-Term Deferred Tax Assets	10.72	11.18	8.45	9.27	10.21	7.67
Long-Term Deferred Charges	0.17	-	0.88	0.69	0	0.13
Other Long-Term Assets	4.14	3.84	4.49	6.89	5.5	2.94
Total Assets	1,574	1,595	1,597	1,522	1,514	1,398
Accounts Payable	84.07	75.6	68.32	66.91	92.09	53.89
Accrued Expenses	10.43	31.99	33.12	32.09	36.98	32.75
Current Portion of Leases	-	1.28	3.86	4.02	0.31	0.58
Current Income Taxes Payable	8.24	7.69	6.59	3.26	2.15	3.84
Current Unearned Revenue	23.78	31.09	30.7	16	22.99	25.21
Other Current Liabilities	6.9	48.34	24.19	16.11	33.94	23.45
Total Current Liabilities	135.68	195.99	166.79	138.39	188.47	139.73
Long-Term Leases	4.23	1.86	2.67	6.32	5.8	0.79
Long-Term Unearned Revenue	1.22	0.22	0.81	2.3	1.85	3.54
Long-Term Deferred Tax Liabilities	-	-	-	-	0.15	-
Other Long-Term Liabilities	13.31	13.36	6.16	6.41	4.15	8.43
Total Liabilities	154.44	211.43	176.42	153.42	200.42	152.49
Common Stock	112.13	112.13	112.12	112.12	112.12	80
Additional Paid-In Capital	899.46	899.04	903.81	905.22	907.56	937.6
Retained Earnings	430.06	384.03	413.05	362.04	294.05	228.2
Treasury Stock	-	-	-10.09	-10.09	-	-
Comprehensive Income & Other	-22.05	-11.71	1.7	-0.22	-0.22	-0.22
Shareholders' Equity	1,420	1,383	1,421	1,369	1,314	1,246
Total Liabilities & Equity	1,574	1,595	1,597	1,522	1,514	1,398
Total Debt	6.49	3.14	6.53	10.34	6.11	1.37
Net Cash (Debt)	998.24	1,064	1,094	1,019	1,021	1,025
Net Cash Growth	-10.57%	-2.72%	7.39%	-0.21%	-0.37%	-2.11%
Net Cash Per Share	8.92	9.50	9.81	9.25	9.07	9.11
Filing Date Shares Outstanding	112.26	112.13	111.87	112.12	112.12	112
Total Common Shares Outstanding	112.26	112.13	111.87	112.12	112.12	112
Working Capital	1,249	1,211	1,238	1,203	1,150	1,131
Book Value Per Share	12.65	12.34	12.70	12.21	11.71	11.12
Tangible Book Value	1,398	1,362	1,400	1,348	1,291	1,223
Tangible Book Value Per Share	12.46	12.15	12.52	12.02	11.52	10.92
Buildings	-	73.26	73.38	73.28	67.53	66.75
Machinery	-	83.13	81.95	75.2	71.87	67.29
Construction In Progress	-	79.79	76.3	55.56	52.33	8.65

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