SHA:688368 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	1,011	159.74	280.48	245.1	287.91	330.79
Short-Term Investments	-	-	-	-	4.04	155.84
Trading Asset Securities	156.21	-	0.5	62.87	153.23	583.4
Cash & Short-Term Investments	1,168	159.74	280.98	307.97	445.18	1,070
Cash Growth	380.72%	-43.15%	-8.77%	-30.82%	-58.40%	50.80%
Accounts Receivable	561.14	435.98	384.03	362.85	323.87	401.76
Other Receivables	19.7	38.36	22.9	8.84	8.22	12.55
Receivables	580.84	474.35	406.93	371.69	332.09	414.31
Inventory	693.51	303.12	232.79	246.64	253.29	390.84
Prepaid Expenses	-	10	-	3.02	-	2.23
Other Current Assets	257.77	38.29	179.59	213.43	261.63	136.56
Total Current Assets	2,700	985.49	1,100	1,143	1,292	2,014
Property, Plant & Equipment	137.82	84.51	102.64	112.55	124.9	125.81
Long-Term Investments	360.51	331.18	319.88	323.82	415.16	191.71
Goodwill	1,880	336.15	336.15	336.15	78.51	78.51
Other Intangible Assets	1,076	162.11	190.83	223.48	158.99	27.54
Long-Term Deferred Tax Assets	18.25	19.01	18.95	20.83	16.71	46.1
Long-Term Deferred Charges	11.51	14.98	17.38	24.19	27.45	28.65
Other Long-Term Assets	32	64.39	61.33	189.3	402.42	290.34
Total Assets	6,216	1,998	2,147	2,373	2,516	2,803

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	401.26	253.62	235.12	206.93	140.62	230.8
Accrued Expenses	93.22	84.77	86.69	75.96	70.75	145.56
Short-Term Debt	218.07	291.33	299.19	244.83	323.31	203.75
Current Portion of Long-Term Debt	-	-	45.33	76	65.29	-
Current Portion of Leases	18.58	16.11	18.79	16.39	17.1	9.67
Current Income Taxes Payable	8.37	-	-	-	-	21.67
Current Unearned Revenue	20.11	9.47	4.97	7.13	29.35	173.28
Other Current Liabilities	107.53	80.11	51.67	56.2	33.03	21.38
Total Current Liabilities	867.13	735.41	741.75	683.43	679.45	806.12
Long-Term Debt	-	-	14	120	204.74	-
Long-Term Leases	21.93	22.93	34.63	40.4	54.39	79.08
Long-Term Unearned Revenue	19.04	8.67	7.05	6.06	6.74	2.02
Long-Term Deferred Tax Liabilities	256.06	23.02	26.02	29.11	16.81	8.45
Other Long-Term Liabilities	28.23	11.88	6.89	22.61	27.59	-
Total Liabilities	1,192	801.92	830.34	901.61	989.71	895.66

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	203.64	88.49	87.83	62.94	62.9	62.03
Additional Paid-In Capital	4,638	895.2	951.48	1,005	1,060	983.77
Retained Earnings	213.09	271.34	279.19	312.25	403.51	860.99
Treasury Stock	-30	-60	-60	-	-	-
Comprehensive Income & Other	-0.93	0.86	0.36	0.5	-0.13	0.17
Total Common Equity	5,024	1,196	1,259	1,381	1,527	1,907
Minority Interest	-	-	58.24	90.77	-	-
Shareholders' Equity	5,024	1,196	1,317	1,471	1,527	1,907
Total Liabilities & Equity	6,216	1,998	2,147	2,373	2,516	2,803

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	258.58	330.37	411.93	497.61	664.82	292.5
Net Cash (Debt)	909.01	-170.64	-130.95	-189.64	-219.64	777.53
Net Cash Growth	-	-	-	-	-	11.15%
Net Cash Per Share	6.52	-1.37	-1.08	-1.54	-1.79	6.18
Filing Date Shares Outstanding	213.9	122.61	121.68	122.43	123.29	121.58
Total Common Shares Outstanding	213.9	122.61	121.68	123.36	123.29	121.58
Working Capital	1,833	250.08	358.53	459.33	612.73	1,208
Book Value Per Share	23.49	9.75	10.35	11.19	12.38	15.68
Tangible Book Value	2,067	697.64	731.88	821.06	1,289	1,801
Tangible Book Value Per Share	9.67	5.69	6.01	6.66	10.46	14.81
Machinery	216.73	109.69	101.61	93.39	77.88	51.79
Construction In Progress	5.95	3.64	1.8	-	-	-