SHA:688519 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	293.93	303.99	422.04	536.15	711.84	532.62
Trading Asset Securities	-	-	-	-	-	603.03
Cash & Short-Term Investments	293.93	303.99	422.04	536.15	711.84	1,136
Cash Growth	-32.96%	-27.97%	-21.28%	-24.68%	-37.32%	-22.60%
Accounts Receivable	3,946	3,301	2,017	1,731	2,049	2,322
Other Receivables	1.17	1.28	0.19	0.35	3.54	0.62
Receivables	3,947	3,302	2,017	1,731	2,052	2,323
Inventory	732.54	582.63	350.38	470.01	398.64	395.11
Other Current Assets	27.08	24.06	6.38	6.12	36.86	40.26
Total Current Assets	5,001	4,213	2,796	2,743	3,199	3,894
Property, Plant & Equipment	1,559	1,583	1,584	1,587	1,511	1,027
Long-Term Investments	7.17	8.05	3.57	1.01	1	-
Other Intangible Assets	139.24	96.45	54.62	50.56	51.11	51.93
Long-Term Deferred Tax Assets	93.84	97.29	110.08	106.93	103.63	48.18
Long-Term Deferred Charges	0.62	0.71	1.07	1.67	1.13	1.15
Other Long-Term Assets	30.07	12.91	21.99	4.39	22.03	40.36
Total Assets	6,831	6,012	4,572	4,495	4,889	5,062
Accounts Payable	2,357	1,958	1,274	845.7	997.86	1,120
Accrued Expenses	30.52	71.12	55.51	45.19	46.21	75.08
Short-Term Debt	751.45	350.2	175.13	419.61	387.33	300.28
Current Portion of Long-Term Debt	3.35	-	5	-	-	-
Current Portion of Leases	-	3.3	3.28	0.67	3.51	3.26
Current Income Taxes Payable	8.3	0.11	3.68	-	-	27.95
Current Unearned Revenue	14.46	4.52	1.64	3.44	2.2	1.62
Other Current Liabilities	548.62	506.48	366.3	536.63	538.01	440.96
Total Current Liabilities	3,714	2,894	1,884	1,851	1,975	1,969
Long-Term Debt	-	-	45.03	-	-	-
Long-Term Leases	8.02	8.87	13.45	6.23	6.99	9.73
Long-Term Unearned Revenue	224.36	231.5	199.52	190.02	180.94	165.97
Long-Term Deferred Tax Liabilities	-	-	-	-	29.08	3.87
Other Long-Term Liabilities	-	-	-	-	20	20
Total Liabilities	3,946	3,134	2,142	2,047	2,212	2,168
Common Stock	234.77	234.77	238.48	234.75	234.75	234.4
Additional Paid-In Capital	1,934	1,922	1,936	1,937	1,950	1,940
Retained Earnings	981.64	831.5	613.74	585.76	771.79	783.79
Treasury Stock	-266.48	-112.29	-359.96	-309.95	-279.96	-63.95
Comprehensive Income & Other	0.09	1.4	0.55	-	-	-
Total Common Equity	2,884	2,877	2,429	2,447	2,677	2,894
Minority Interest	-	-	-	-0	-0	-
Shareholders' Equity	2,884	2,877	2,429	2,447	2,677	2,894
Total Liabilities & Equity	6,831	6,012	4,572	4,495	4,889	5,062
Total Debt	762.81	362.37	241.9	426.51	397.83	313.26
Net Cash (Debt)	-468.88	-58.38	180.14	109.63	314	822.39
Net Cash Growth	-	-	64.32%	-65.09%	-61.82%	-39.87%
Net Cash Per Share	-2.08	-0.26	0.79	0.48	1.40	3.50
Filing Date Shares Outstanding	227.47	228.96	223.31	224.99	226.2	234.4
Total Common Shares Outstanding	227.47	228.96	223.31	224.99	226.2	234.4
Working Capital	1,287	1,319	911.89	892.14	1,224	1,925
Book Value Per Share	12.68	12.57	10.88	10.88	11.84	12.35
Tangible Book Value	2,745	2,781	2,375	2,397	2,626	2,842
Tangible Book Value Per Share	12.07	12.14	10.63	10.65	11.61	12.12
Buildings	-	626.57	616.97	609.77	436.6	251.74
Machinery	-	1,681	1,438	1,202	1,171	751.02
Construction In Progress	-	104.18	206.68	337.42	349.51	385.86

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