SHA:688379 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	191.87	194.85	201.19	130.52	102.65
Trading Asset Securities	-	-	0.01	40.35	64.35
Cash & Short-Term Investments	191.87	194.85	201.2	170.86	167
Cash Growth	-1.53%	-3.15%	17.75%	2.31%	-25.73%
Accounts Receivable	948.88	774.31	671.37	611.08	638.89
Other Receivables	4.14	4.31	5.74	5.21	-
Receivables	953.02	795.03	678.77	616.3	638.89
Inventory	875.32	740.68	530.73	412.46	363.9
Prepaid Expenses	-	1.15	1.16	3.64	4.22
Other Current Assets	156.38	96.55	58.62	76.26	72.59
Total Current Assets	2,177	1,828	1,470	1,280	1,247
Property, Plant & Equipment	620.91	448.46	388.56	332.25	231.41
Long-Term Investments	11.15	11.42	4.62	-	-
Other Intangible Assets	124.55	68.35	50.26	44.97	44.45
Long-Term Deferred Tax Assets	9.88	10.45	13.38	12.68	4.86
Long-Term Deferred Charges	-	-	-	-	0.01
Other Long-Term Assets	16.79	6.12	21.81	18.19	6.72
Total Assets	2,960	2,373	1,949	1,688	1,534
Accounts Payable	481.64	254.67	147.49	104.15	79.23
Accrued Expenses	16.75	18.95	16.03	12.24	17.62
Short-Term Debt	685.91	620.85	379.93	385.46	338.78
Current Portion of Long-Term Debt	305.21	190.07	42.66	38.5	0.06
Current Income Taxes Payable	7.84	0.01	0.01	0.02	-
Current Unearned Revenue	12.76	4.23	3.31	1.13	1.56
Other Current Liabilities	143.2	188.33	179.31	121.17	113.16
Total Current Liabilities	1,653	1,277	768.73	662.67	550.42
Long-Term Debt	103.5	83.58	228.83	112.87	49
Long-Term Leases	5.49	-	-	-	-
Long-Term Unearned Revenue	25.07	16.23	15.18	15.53	17.4
Total Liabilities	1,787	1,377	1,013	791.07	616.82
Common Stock	90.09	90.09	89.44	88.75	88
Additional Paid-In Capital	451.1	437.36	437.3	424.68	406.2
Retained Earnings	678.19	527.5	459.68	418.08	423.04
Treasury Stock	-47.57	-58.61	-50.05	-34.95	-
Comprehensive Income & Other	0.68	-0.18	-0.01	-0.02	-
Shareholders' Equity	1,172	996.16	936.36	896.54	917.23
Total Liabilities & Equity	2,960	2,373	1,949	1,688	1,534
Total Debt	1,100	894.49	651.42	536.83	387.84
Net Cash (Debt)	-908.24	-699.64	-450.23	-365.97	-220.84
Net Cash Per Share	-10.43	-8.16	-5.19	-4.20	-2.49
Filing Date Shares Outstanding	87.67	87.4	85.34	86.6	88
Total Common Shares Outstanding	87.67	87.4	85.34	86.6	88
Working Capital	523.28	551.16	701.74	616.85	696.18
Book Value Per Share	13.37	11.40	10.97	10.35	10.42
Tangible Book Value	1,048	927.81	886.1	851.57	872.78
Tangible Book Value Per Share	11.95	10.62	10.38	9.83	9.92
Buildings	-	317.56	315.62	152.34	151.49
Machinery	-	208.97	177.65	146.1	108.05
Construction In Progress	-	93.32	35.66	150.24	69.6

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