SHA:688370 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	-	1,284	1,455	1,917	469.56
Trading Asset Securities	-	0.42	0.65	0.29	0.54
Cash & Short-Term Investments	1,185	1,284	1,456	1,917	470.1
Cash Growth	-7.68%	-11.79%	-24.08%	307.84%	16.37%
Accounts Receivable	-	168.59	232.02	251.97	206.21
Other Receivables	-	11.94	8.82	15.41	12.2
Receivables	-	180.54	240.83	267.38	218.41
Inventory	-	34.22	23.51	9.37	9.19
Prepaid Expenses	-	-	-	-	5.81
Other Current Assets	-	51.95	55.16	49.52	43.39
Total Current Assets	-	1,551	1,775	2,244	746.9
Property, Plant & Equipment	-	1,032	1,161	1,235	1,112
Long-Term Investments	-	431.19	193.82	81.86	46.62
Goodwill	-	29.15	29.15	49.4	49.4
Other Intangible Assets	-	132.67	129.98	134.97	139.58
Long-Term Deferred Tax Assets	-	-	-	0.4	-
Long-Term Deferred Charges	-	1.76	2.81	-	0.54
Other Long-Term Assets	-	2.19	1.31	5.79	77.8
Total Assets	-	3,180	3,293	3,751	2,173
Accounts Payable	-	96.81	151.55	173.75	176.65
Accrued Expenses	-	30.55	38.5	43.29	39.37
Short-Term Debt	-	90.98	61.51	62.32	105.75
Current Portion of Long-Term Debt	-	112.9	115.6	158.34	5.35
Current Portion of Leases	-	0.33	0.33	0.26	0.33
Current Income Taxes Payable	-	11.17	6.98	11.52	22.6
Current Unearned Revenue	-	46.09	55.34	34.51	48.91
Other Current Liabilities	-	16.81	20.61	52.63	54.84
Total Current Liabilities	-	405.65	450.42	536.61	453.79
Long-Term Debt	-	39.6	112.64	255.1	411.55
Long-Term Leases	-	0.54	0.53	0.57	0.12
Long-Term Unearned Revenue	-	19.9	18.1	19.43	20.17
Long-Term Deferred Tax Liabilities	-	2.39	0.81	-	2.57
Other Long-Term Liabilities	-	46.11	43.94	40.58	4.46
Total Liabilities	-	514.19	626.44	852.3	892.67
Common Stock	-	137.11	138.32	106.4	79.79
Additional Paid-In Capital	-	1,944	1,976	1,994	569.48
Retained Earnings	-	586.56	546.34	755.89	580.92
Comprehensive Income & Other	-	-	0.06	-	0.32
Total Common Equity	2,642	2,667	2,661	2,857	1,231
Minority Interest	-	-1.32	5.51	41.68	49.42
Shareholders' Equity	2,634	2,666	2,666	2,898	1,280
Total Liabilities & Equity	-	3,180	3,293	3,751	2,173
Total Debt	220	244.35	290.6	476.58	523.1
Net Cash (Debt)	965.37	1,040	1,165	1,441	-53
Net Cash Growth	-7.14%	-10.76%	-19.14%	-	-
Net Cash Per Share	6.85	7.51	8.44	12.52	-0.51
Filing Date Shares Outstanding	137.11	137.11	138.32	138.32	103.73
Total Common Shares Outstanding	137.11	137.11	138.32	138.32	103.73
Working Capital	-	1,145	1,325	1,707	293.11
Book Value Per Share	19.27	19.45	19.24	20.65	11.86
Tangible Book Value	2,484	2,505	2,502	2,672	1,042
Tangible Book Value Per Share	18.12	18.27	18.09	19.32	10.04
Land	-	73.85	75.17	75.17	20.66
Buildings	-	847.21	841.64	764.36	537.3
Machinery	-	639.73	611.24	580.66	465.35
Construction In Progress	-	27.04	89.49	173.31	366.15

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