SHA:688381 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

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	181.93	143.44	323.96	254.31	276.34	37.08
Short-Term Investments	-	-	-	-	170.31	-
Trading Asset Securities	1,396	1,464	1,740	2,144	2,143	132.81
Cash & Short-Term Investments	1,578	1,608	2,064	2,398	2,590	169.89
Cash Growth	-21.82%	-22.11%	-13.94%	-7.40%	1424.31%	-5.36%
Accounts Receivable	45.99	44.76	55.85	38.74	51.01	59.8
Other Receivables	14.54	15.19	40.52	44.04	7.86	22.52
Receivables	60.53	59.95	96.37	82.78	58.87	82.32
Inventory	243.82	239.06	149.53	121.63	100.16	51.63
Prepaid Expenses	-	-	-	-	0.44	-
Other Current Assets	62.07	66.79	31.27	18.73	45.67	27.43
Total Current Assets	1,945	1,973	2,341	2,621	2,795	331.27
Property, Plant & Equipment	408.05	404.11	369.79	373.33	353.3	187.48
Long-Term Investments	233.11	251.39	126.42	90.73	-	-
Other Intangible Assets	126.52	129.42	20.63	24.38	6.67	11.92
Long-Term Deferred Tax Assets	38.99	33.95	26.38	24.42	4.56	2.73
Long-Term Deferred Charges	8	9.22	5.8	1.56	1.08	1.21
Other Long-Term Assets	2.73	1.91	5.53	3.3	11.4	52.01
Total Assets	2,762	2,803	2,895	3,139	3,172	586.61
Accounts Payable	68.35	82.04	21.35	19.73	18.21	22.93
Accrued Expenses	30.62	30.57	36.99	25.74	9.77	15.53
Short-Term Debt	-	-	50.03	-	-	-
Current Portion of Long-Term Debt	35.02	35.21	-	-	-	-
Current Portion of Leases	-	-	5.44	5.3	4.09	3.03
Current Income Taxes Payable	1.49	2.64	-	-	0.29	3.43
Current Unearned Revenue	3.56	3.23	3.93	3.84	2.56	7.59
Other Current Liabilities	2.96	3.36	21.99	26.72	7.04	10.63
Total Current Liabilities	142	157.06	139.72	81.33	41.96	63.14
Long-Term Debt	98	98	-	-	-	-
Long-Term Leases	5.03	5.99	4.3	8.33	4.05	1.4
Long-Term Unearned Revenue	5.4	6.06	2.16	2.75	3.41	2.65
Long-Term Deferred Tax Liabilities	0.11	0.13	-	-	0	0.05
Other Long-Term Liabilities	-	-	-	-	-	0.25
Total Liabilities	250.54	267.24	146.19	92.41	49.41	67.49
Common Stock	247.5	247.5	247.5	252.2	252.2	189.15
Additional Paid-In Capital	2,497	2,497	2,484	2,553	2,520	154.8
Retained Earnings	76.54	101.19	218.41	301.81	351.99	178.32
Treasury Stock	-314.24	-314.24	-200.3	-59.97	-	-
Comprehensive Income & Other	4.73	4.73	-0.26	-0.39	-1.49	-3.15
Shareholders' Equity	2,511	2,536	2,749	3,047	3,122	519.12
Total Liabilities & Equity	2,762	2,803	2,895	3,139	3,172	586.61
Total Debt	138.05	139.2	59.78	13.62	8.14	4.42
Net Cash (Debt)	1,440	1,468	2,004	2,384	2,582	165.47
Net Cash Growth	-25.53%	-26.73%	-15.96%	-7.63%	1460.14%	-7.82%
Net Cash Per Share	6.16	6.23	8.09	9.29	12.34	0.87
Filing Date Shares Outstanding	232.35	240.07	234.04	243.4	252.2	189.15
Total Common Shares Outstanding	232.35	240.07	237.74	249.91	252.2	189.15
Working Capital	1,803	1,816	2,201	2,540	2,753	268.13
Book Value Per Share	10.81	10.56	11.56	12.19	12.38	2.74
Tangible Book Value	2,385	2,407	2,729	3,022	3,116	507.2
Tangible Book Value Per Share	10.26	10.03	11.48	12.09	12.35	2.68
Buildings	-	-	316.8	316.8	316.77	162.55
Machinery	-	-	84.71	64.92	41.87	21.47
Construction In Progress	-	-	7.78	0.87	0.3	-

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