SHA:688513 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	326.01	855.43	971.4	781.23	830.97	1,051
Trading Asset Securities	1,296	758	452.35	741.78	516.36	453.84
Cash & Short-Term Investments	1,622	1,613	1,424	1,523	1,347	1,505
Cash Growth	8.61%	13.32%	-6.52%	13.04%	-10.45%	-7.43%
Accounts Receivable	213.47	257.78	288.44	177.7	180.92	126.73
Other Receivables	0.44	0.31	0.44	0.66	1.25	0.17
Receivables	213.91	258.09	288.88	178.36	182.17	126.9
Inventory	246.66	228.71	190.09	160.98	140.87	103.68
Prepaid Expenses	-	-	4.22	4.1	12.78	3.2
Other Current Assets	35.28	31.93	21.76	16.41	25.97	40.76
Total Current Assets	2,117	2,132	1,929	1,883	1,709	1,779
Property, Plant & Equipment	1,213	1,224	1,249	1,255	1,141	874.59
Long-Term Investments	76.86	71.21	80.71	81.08	46.66	-
Goodwill	23.1	23.1	-	-	-	-
Other Intangible Assets	202.06	207.01	35.6	34.46	34.61	33.71
Long-Term Deferred Tax Assets	25.48	23.68	11.5	8.57	8.73	12.16
Long-Term Deferred Charges	101.07	99.17	77.51	54.92	45.36	12.35
Other Long-Term Assets	18.93	17.34	16.73	29.89	32.09	63.39
Total Assets	3,777	3,798	3,400	3,347	3,018	2,775
Accounts Payable	105.03	124.98	144.35	180.94	156.86	203.92
Accrued Expenses	26.24	49.41	266.85	218.97	190.72	156.1
Short-Term Debt	45.38	110.71	74.44	180.95	105.29	20.02
Current Portion of Long-Term Debt	4.4	4.4	3.67	2.93	-	-
Current Income Taxes Payable	29.37	30.58	4.62	3.34	1.46	2.71
Current Unearned Revenue	27.89	23.31	38.28	31.98	28.71	10.99
Other Current Liabilities	315.34	275.31	64.12	41.98	46.35	38.72
Total Current Liabilities	553.64	618.7	596.32	661.09	529.39	432.46
Long-Term Debt	31.56	31.53	35.93	39.6	-	-
Long-Term Unearned Revenue	60.83	62.49	68.25	41.18	42.81	51.03
Long-Term Deferred Tax Liabilities	45.47	46.19	1.7	1.46	0.88	0.12
Total Liabilities	691.49	758.9	702.21	743.33	573.08	483.6
Common Stock	176.53	176.53	176.53	120.09	120.09	120.09
Additional Paid-In Capital	1,407	1,404	1,388	1,444	1,444	1,444
Retained Earnings	1,470	1,419	1,208	1,040	880.3	727.45
Treasury Stock	-67.67	-67.67	-76.22	-1.59	-	-
Comprehensive Income & Other	1.74	1.26	1.02	0.99	0.02	0.07
Total Common Equity	2,987	2,933	2,698	2,603	2,444	2,292
Minority Interest	98.59	106.14	-	-	-	-
Shareholders' Equity	3,086	3,039	2,698	2,603	2,444	2,292
Total Liabilities & Equity	3,777	3,798	3,400	3,347	3,018	2,775
Total Debt	81.33	146.65	114.04	223.48	105.29	20.02
Net Cash (Debt)	1,540	1,467	1,310	1,300	1,242	1,485
Net Cash Growth	14.09%	11.99%	0.78%	4.63%	-16.33%	-6.35%
Net Cash Per Share	8.88	8.42	7.48	7.34	7.03	8.43
Filing Date Shares Outstanding	175.28	168.69	174.08	174.93	176.53	176.53
Total Common Shares Outstanding	175.28	168.69	174.08	176.49	176.53	176.53
Working Capital	1,564	1,513	1,332	1,222	1,180	1,347
Book Value Per Share	17.04	17.39	15.50	14.75	13.85	12.98
Tangible Book Value	2,762	2,703	2,662	2,569	2,410	2,258
Tangible Book Value Per Share	15.76	16.02	15.29	14.56	13.65	12.79
Buildings	-	-	775.81	724.27	487.54	152.45
Machinery	-	-	678.03	661.8	673.35	279.81
Construction In Progress	-	-	189.56	186.26	231.12	637.88

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