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	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	609.16	159.74	280.48	245.1	287.91	330.79
Short-Term Investments	-	-	-	-	4.04	155.84
Trading Asset Securities	125.52	-	0.5	62.87	153.23	583.4
Cash & Short-Term Investments	734.68	159.74	280.98	307.97	445.18	1,070
Cash Growth	203.53%	-43.15%	-8.77%	-30.82%	-58.40%	50.80%
Accounts Receivable	599.53	435.98	384.03	362.85	323.87	401.76
Other Receivables	48.5	38.36	22.9	8.84	8.22	12.55
Receivables	648.02	474.35	406.93	371.69	332.09	414.31
Inventory	639.01	303.12	232.79	246.64	253.29	390.84
Prepaid Expenses	-	10	-	3.02	-	2.23
Other Current Assets	192.25	38.29	179.59	213.43	261.63	136.56
Total Current Assets	2,214	985.49	1,100	1,143	1,292	2,014
Property, Plant & Equipment	141.16	84.51	102.64	112.55	124.9	125.81
Long-Term Investments	366.72	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	1,105	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	13.22	14.98	17.38	24.19	27.45	28.65
Other Long-Term Assets	68.12	64.39	61.33	189.3	402.42	290.34
Total Assets	5,806	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	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
Accounts Payable	337.89	253.62	235.12	206.93	140.62	230.8
Accrued Expenses	76.22	84.77	86.69	75.96	70.75	145.56
Short-Term Debt	969.19	291.33	299.19	244.83	323.31	203.75
Current Portion of Long-Term Debt	20.5	-	45.33	76	65.29	-
Current Portion of Leases	-	16.11	18.79	16.39	17.1	9.67
Current Income Taxes Payable	25.59	-	-	-	-	21.67
Current Unearned Revenue	14.19	9.47	4.97	7.13	29.35	173.28
Other Current Liabilities	799.07	80.11	51.67	56.2	33.03	21.38
Total Current Liabilities	2,243	735.41	741.75	683.43	679.45	806.12
Long-Term Debt	-	-	14	120	204.74	-
Long-Term Leases	26.11	22.93	34.63	40.4	54.39	79.08
Long-Term Unearned Revenue	15.53	8.67	7.05	6.06	6.74	2.02
Long-Term Deferred Tax Liabilities	266.35	23.02	26.02	29.11	16.81	8.45
Other Long-Term Liabilities	12.56	11.88	6.89	22.61	27.59	-
Total Liabilities	2,563	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	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
Common Stock	128.85	88.49	87.83	62.94	62.9	62.03
Additional Paid-In Capital	2,865	895.2	951.48	1,005	1,060	983.77
Retained Earnings	308.1	271.34	279.19	312.25	403.51	860.99
Treasury Stock	-60	-60	-60	-	-	-
Comprehensive Income & Other	1.66	0.86	0.36	0.5	-0.13	0.17
Total Common Equity	3,243	1,196	1,259	1,381	1,527	1,907
Minority Interest	-	-	58.24	90.77	-	-
Shareholders' Equity	3,243	1,196	1,317	1,471	1,527	1,907
Total Liabilities & Equity	5,806	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	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
Total Debt	1,016	330.37	411.93	497.61	664.82	292.5
Net Cash (Debt)	-281.12	-170.64	-130.95	-189.64	-219.64	777.53
Net Cash Growth	-	-	-	-	-	11.15%
Net Cash Per Share	-2.22	-1.37	-1.08	-1.54	-1.79	6.18
Filing Date Shares Outstanding	179.12	122.61	121.68	122.43	123.29	121.58
Total Common Shares Outstanding	179.12	122.61	121.68	123.36	123.29	121.58
Working Capital	-28.69	250.08	358.53	459.33	612.73	1,208
Book Value Per Share	18.11	9.75	10.35	11.19	12.38	15.68
Tangible Book Value	258.22	697.64	731.88	821.06	1,289	1,801
Tangible Book Value Per Share	1.44	5.69	6.01	6.66	10.46	14.81
Machinery	-	109.69	101.61	93.39	77.88	51.79
Construction In Progress	-	3.64	1.8	-	-	-