SHA:688370 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	415.51	1,237	1,284	1,455	1,917	469.56
Short-Term Investments	-	216.35	-	-	-	-
Trading Asset Securities	696.23	-	0.42	0.65	0.29	0.54
Cash & Short-Term Investments	1,112	1,454	1,284	1,456	1,917	470.1
Cash Growth	-8.66%	13.23%	-11.79%	-24.08%	307.84%	16.37%
Accounts Receivable	157.88	147.94	168.59	232.02	251.97	206.21
Other Receivables	14.6	14.95	11.94	8.82	15.41	12.2
Receivables	172.48	162.89	180.54	240.83	267.38	218.41
Inventory	10.64	10.39	34.22	23.51	9.37	9.19
Prepaid Expenses	-	-	-	-	-	5.81
Other Current Assets	103.45	49.18	51.95	55.16	49.52	43.39
Total Current Assets	1,398	1,676	1,551	1,775	2,244	746.9
Property, Plant & Equipment	941.94	947.05	1,032	1,161	1,235	1,112
Long-Term Investments	297.69	295.88	431.19	193.82	81.86	46.62
Goodwill	29.15	29.15	29.15	29.15	49.4	49.4
Other Intangible Assets	125.11	127.11	132.67	129.98	134.97	139.58
Long-Term Deferred Tax Assets	-	-	-	-	0.4	-
Long-Term Deferred Charges	1.02	1.26	1.76	2.81	-	0.54
Other Long-Term Assets	202.27	1.04	2.19	1.31	5.79	77.8
Total Assets	2,995	3,078	3,180	3,293	3,751	2,173

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	96.18	85.28	96.81	151.55	173.75	176.65
Accrued Expenses	19.22	32.04	30.55	38.5	43.29	39.37
Short-Term Debt	70.04	74.63	90.98	61.51	62.32	105.75
Current Portion of Long-Term Debt	5.66	72.54	112.9	115.6	158.34	5.35
Current Portion of Leases	-	0.41	0.33	0.33	0.26	0.33
Current Income Taxes Payable	16.58	10.61	11.17	6.98	11.52	22.6
Current Unearned Revenue	32.88	29.85	46.09	55.34	34.51	48.91
Other Current Liabilities	7.38	9.06	16.81	20.61	52.63	54.84
Total Current Liabilities	247.94	314.42	405.65	450.42	536.61	453.79
Long-Term Debt	64.19	44.35	39.6	112.64	255.1	411.55
Long-Term Leases	0.18	0.38	0.54	0.53	0.57	0.12
Long-Term Unearned Revenue	17.94	18.52	19.9	18.1	19.43	20.17
Long-Term Deferred Tax Liabilities	0.04	1.23	2.39	0.81	-	2.57
Other Long-Term Liabilities	49.53	48.36	46.11	43.94	40.58	4.46
Total Liabilities	379.82	427.26	514.19	626.44	852.3	892.67

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	137.11	137.11	137.11	138.32	106.4	79.79
Additional Paid-In Capital	1,961	1,962	1,944	1,976	1,994	569.48
Retained Earnings	552.96	559.12	586.56	546.34	755.89	580.92
Comprehensive Income & Other	0.27	0.02	-	0.06	-	0.32
Total Common Equity	2,627	2,658	2,667	2,661	2,857	1,231
Minority Interest	-10.95	-7.56	-1.32	5.51	41.68	49.42
Shareholders' Equity	2,616	2,651	2,666	2,666	2,898	1,280
Total Liabilities & Equity	2,995	3,078	3,180	3,293	3,751	2,173

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	140.07	192.31	244.35	290.6	476.58	523.1
Net Cash (Debt)	971.67	1,262	1,040	1,165	1,441	-53
Net Cash Growth	-0.07%	21.34%	-10.76%	-19.14%	-	-
Net Cash Per Share	7.18	9.26	7.51	8.44	12.52	-0.51
Filing Date Shares Outstanding	145.92	137.11	137.11	138.32	138.32	103.73
Total Common Shares Outstanding	145.92	137.11	137.11	138.32	138.32	103.73
Working Capital	1,150	1,362	1,145	1,325	1,707	293.11
Book Value Per Share	18.00	19.39	19.45	19.24	20.65	11.86
Tangible Book Value	2,472	2,502	2,505	2,502	2,672	1,042
Tangible Book Value Per Share	16.94	18.25	18.27	18.09	19.32	10.04
Land	-	73.85	73.85	75.17	75.17	20.66
Buildings	-	848.39	847.21	841.64	764.36	537.3
Machinery	-	639.6	639.73	611.24	580.66	465.35
Construction In Progress	-	33.27	27.04	89.49	173.31	366.15