SHA:688398 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	117.75	134.74	114.9	219.22	191.77	197.42
Trading Asset Securities	110.35	80.17	165.61	311.55	20.08	70.4
Cash & Short-Term Investments	228.1	214.92	280.51	530.77	211.85	267.82
Cash Growth	-14.91%	-23.39%	-47.15%	150.55%	-20.90%	-29.23%
Accounts Receivable	441.86	490.99	423.92	409.08	267.17	218.07
Other Receivables	9.06	8.5	10.98	22.14	8.33	6.95
Receivables	450.92	499.49	434.89	431.22	275.5	225.01
Inventory	153.28	145.4	141.49	89.03	99.98	131.08
Prepaid Expenses	-	-	-	0.14	1.53	-
Other Current Assets	53.98	51.37	57.83	31.09	36.25	41.19
Total Current Assets	886.28	911.18	914.72	1,082	625.1	665.11
Property, Plant & Equipment	1,051	1,054	947.97	685.51	424.05	396
Other Intangible Assets	76.09	76.65	67.91	67.85	69.46	57.68
Long-Term Deferred Tax Assets	42.87	40	31.52	17.85	12.27	10.7
Long-Term Deferred Charges	21.68	21.98	19.36	18.35	20.21	20.67
Other Long-Term Assets	12.94	9.56	16.43	10.18	14.37	12.09
Total Assets	2,091	2,113	1,998	1,882	1,165	1,162
Accounts Payable	258.2	237.77	202.17	200.92	106.29	122.64
Accrued Expenses	17.69	21.04	34.33	28.35	26.91	27.74
Short-Term Debt	30	50	-	5	-	-
Current Portion of Long-Term Debt	46.52	76.21	100.66	0.33	10.02	10.02
Current Portion of Leases	-	-	-	-	-	0.16
Current Income Taxes Payable	11.35	13.42	8.13	9.09	5.88	8.54
Current Unearned Revenue	0.68	1.54	1.05	1.69	5.12	2.01
Other Current Liabilities	22.42	17.21	46.24	44.04	33.79	41.43
Total Current Liabilities	386.86	417.18	392.58	289.42	188	212.53
Long-Term Debt	529.12	522.02	442.51	418.8	10	10
Long-Term Leases	1.5	1.49	-	-	-	-
Long-Term Unearned Revenue	28.21	27.71	25.22	26.67	28.13	29.68
Long-Term Deferred Tax Liabilities	-	-	-	-	0.01	0.06
Total Liabilities	945.69	968.4	860.31	734.89	226.15	252.28
Common Stock	167.81	167.81	167.81	116	80	80
Additional Paid-In Capital	368.27	368.27	368.26	426.52	457.52	456.06
Retained Earnings	518.51	518.13	510.64	487.88	401.78	373.92
Treasury Stock	-25.79	-25.79	-25.79	-	-	-
Comprehensive Income & Other	116.67	116.67	116.67	116.68	-	-
Total Common Equity	1,145	1,145	1,138	1,147	939.31	909.98
Shareholders' Equity	1,145	1,145	1,138	1,147	939.31	909.98
Total Liabilities & Equity	2,091	2,113	1,998	1,882	1,165	1,162
Total Debt	607.14	649.73	543.17	424.12	20.02	20.17
Net Cash (Debt)	-379.04	-434.81	-262.66	106.65	191.83	247.65
Net Cash Growth	-	-	-	-44.41%	-22.54%	-28.92%
Net Cash Per Share	-	-2.52	-1.57	0.63	1.14	1.47
Filing Date Shares Outstanding	-	182.07	166.95	168.2	168.2	168.2
Total Common Shares Outstanding	-	182.07	166.95	168.2	168.2	168.2
Working Capital	499.42	494	522.14	792.82	437.09	452.58
Book Value Per Share	-	6.29	6.81	6.82	5.58	5.41
Tangible Book Value	1,069	1,068	1,070	1,079	869.85	852.3
Tangible Book Value Per Share	-	5.87	6.41	6.42	5.17	5.07
Buildings	-	-	482.33	236.34	236.42	236.59
Machinery	-	-	415.24	315.46	269.15	193.05
Construction In Progress	-	-	253.83	294.86	45.29	64.28

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