SHA:688496 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	-	93.56	429.12	897.02	172.36
Short-Term Investments	-	-	-	1.48	-
Trading Asset Securities	-	236.37	75.09	-	-
Cash & Short-Term Investments	322.77	329.93	504.21	898.5	172.36
Cash Growth	-2.17%	-34.56%	-43.88%	421.30%	-23.03%
Accounts Receivable	-	237.06	170.88	262.43	185.22
Other Receivables	-	58.68	28.72	51.96	57.43
Receivables	-	295.74	199.6	314.4	242.65
Inventory	-	275.66	391	292.53	231.12
Prepaid Expenses	-	-	-	4.38	-
Other Current Assets	-	7.97	29.17	47.29	65.83
Total Current Assets	-	909.31	1,124	1,557	711.95
Property, Plant & Equipment	-	683.87	656.46	586.14	567.78
Long-Term Investments	-	38.73	38.73	49.9	44.31
Other Intangible Assets	-	32.04	32.2	30.07	29.73
Long-Term Deferred Tax Assets	-	52.87	50.88	43.22	31.62
Long-Term Deferred Charges	-	53.72	61.21	52.74	46.99
Other Long-Term Assets	-	51.91	58.52	98.68	98.54
Total Assets	-	1,822	2,022	2,418	1,531
Accounts Payable	-	176.13	170	191.74	174.07
Accrued Expenses	-	23.45	21.05	46.47	31.46
Short-Term Debt	-	230.82	314.03	448.6	390.53
Current Portion of Long-Term Debt	-	18.43	41.5	27.61	58.68
Current Portion of Leases	-	8.34	5.94	4.41	3.02
Current Income Taxes Payable	-	0.01	0.22	3.73	5.47
Current Unearned Revenue	-	5.64	5.39	6.56	3.51
Other Current Liabilities	-	11.86	2.88	4.91	5.07
Total Current Liabilities	-	474.68	561.01	734.02	671.82
Long-Term Debt	-	99.79	118.2	167.46	137.38
Long-Term Leases	-	18.12	18.69	21.85	25.29
Long-Term Unearned Revenue	-	52.95	53.44	52.18	48.91
Long-Term Deferred Tax Liabilities	-	5.06	5.08	5.11	4.17
Other Long-Term Liabilities	-	5.01	2.68	1.59	1.61
Total Liabilities	-	655.6	759.11	982.2	889.17
Common Stock	-	450	450	450	360
Additional Paid-In Capital	-	645.8	667.21	667.21	22.26
Retained Earnings	-	-88.48	-18.98	128.65	72.92
Treasury Stock	-	-4	-	-	-
Comprehensive Income & Other	-	28.67	28.67	28.67	23.63
Total Common Equity	979.64	1,032	1,127	1,275	478.81
Minority Interest	-	134.86	135.95	161.11	162.95
Shareholders' Equity	1,097	1,167	1,263	1,436	641.76
Total Liabilities & Equity	-	1,822	2,022	2,418	1,531
Total Debt	380.42	375.49	498.36	669.93	614.91
Net Cash (Debt)	-57.65	-45.56	5.85	228.57	-442.55
Net Cash Growth	-	-	-97.44%	-	-
Net Cash Per Share	-0.13	-0.10	0.01	0.63	-1.23
Filing Date Shares Outstanding	527.34	449.5	450	450	360
Total Common Shares Outstanding	448.37	449.5	450	450	360
Working Capital	-	434.63	562.97	823.08	40.13
Book Value Per Share	2.18	2.30	2.50	2.83	1.33
Tangible Book Value	948.78	999.95	1,095	1,244	449.07
Tangible Book Value Per Share	2.12	2.22	2.43	2.77	1.25
Buildings	-	224.92	215.84	173.07	176.3
Machinery	-	428.03	377.31	322.42	254.87
Construction In Progress	-	243.89	246.98	239.54	259.65

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