SHA:688521 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	1,060	2,008	746.94	688.78	765.38	1,091
Short-Term Investments	70.38	50.29	-	-	-	-
Trading Asset Securities	1,383	923.81	112.28	400.13	100.38	713.8
Cash & Short-Term Investments	2,513	2,982	859.21	1,089	865.76	1,805
Cash Growth	8.89%	247.02%	-21.09%	25.77%	-52.03%	-4.90%
Accounts Receivable	1,822	1,562	1,209	1,180	1,226	857.6
Other Receivables	1.73	2.96	1.59	4.84	2.96	16.76
Receivables	1,824	1,565	1,210	1,185	1,229	874.36
Inventory	686.9	497.98	395.51	278.62	422.53	133.43
Prepaid Expenses	20.91	7.83	4.19	4.54	4.47	5.79
Other Current Assets	1,280	633.87	169.1	160.79	285.3	180
Total Current Assets	6,325	5,686	2,638	2,718	2,807	2,998
Property, Plant & Equipment	766.13	787.05	799.54	555.47	573.47	108.72
Long-Term Investments	197.42	233.63	202.12	204.69	241.92	198.19
Goodwill	606.69	177.71	181.67	179.05	176.11	161.47
Other Intangible Assets	911.06	561.76	523.52	396.54	274.55	247.92
Long-Term Deferred Charges	125.11	65.93	30.98	31.1	125.88	138.43
Other Long-Term Assets	128.71	205.35	253.83	321.6	227.02	5.27
Total Assets	9,060	7,718	4,630	4,406	4,426	3,858

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	411.99	325.87	163.17	96.07	214.07	231.25
Accrued Expenses	173.71	260.48	224.72	186.87	199.96	167.66
Short-Term Debt	89.05	-	-	-	0.7	11.47
Current Portion of Long-Term Debt	510.86	442.89	311.69	94.75	-	-
Current Portion of Leases	29.93	35.43	37.35	20.39	29.75	18.47
Current Income Taxes Payable	5.99	4.98	7.48	3.29	3.76	3.05
Current Unearned Revenue	3,157	1,261	627.36	457.64	548.89	469.63
Other Current Liabilities	140.37	196.25	175.47	90.98	127.41	171.19
Total Current Liabilities	4,519	2,527	1,547	950	1,125	1,073
Long-Term Debt	970.88	1,124	832.55	659.61	348.73	-
Long-Term Leases	30.14	39.65	44.53	22.27	20.45	16.93
Long-Term Unearned Revenue	-	-	-	33.22	-	-
Other Long-Term Liabilities	614.75	609.39	83.22	40.99	25.22	47.51
Total Liabilities	6,135	4,300	2,508	1,706	1,519	1,137

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	525.92	525.86	500.36	499.91	497.75	495.89
Additional Paid-In Capital	6,046	5,911	4,090	4,065	3,977	3,881
Retained Earnings	-3,556	-2,944	-2,416	-1,815	-1,519	-1,593
Treasury Stock	-24.84	-24.84	-	-	-	-
Comprehensive Income & Other	-65.44	-50.35	-51.52	-49.4	-48.83	-63.02
Shareholders' Equity	2,925	3,418	2,122	2,700	2,907	2,721
Total Liabilities & Equity	9,060	7,718	4,630	4,406	4,426	3,858

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	1,631	1,642	1,226	797.02	399.64	46.87
Net Cash (Debt)	882.41	1,339	-366.91	291.89	466.13	1,758
Net Cash Growth	-3.71%	-	-	-37.38%	-73.48%	-7.37%
Net Cash Per Share	1.68	2.61	-0.73	0.58	0.95	3.97
Filing Date Shares Outstanding	525.92	525.86	500.36	499.91	497.75	495.89
Total Common Shares Outstanding	525.92	525.86	500.36	499.91	497.75	495.89
Working Capital	1,806	3,159	1,091	1,768	1,683	1,926
Book Value Per Share	5.56	6.50	4.24	5.40	5.84	5.49
Tangible Book Value	1,408	2,678	1,417	2,125	2,457	2,312
Tangible Book Value Per Share	2.68	5.09	2.83	4.25	4.94	4.66
Buildings	676.63	676.63	676.63	471.15	471.13	12.95
Machinery	306.05	279.24	237.27	186.91	168.72	142.12
Construction In Progress	0.48	0.79	0.15	6.47	3.27	4.98
Order Backlog	-	5,075	-	-	-	-