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	Sep '26 Sep 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	-	2,008	746.94	688.78	765.38	1,091
Short-Term Investments	-	50.29	-	-	-	-
Trading Asset Securities	-	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	17.71%	247.02%	-21.09%	25.77%	-52.03%	-4.90%
Accounts Receivable	-	1,562	1,209	1,180	1,226	857.6
Other Receivables	-	2.96	1.59	4.84	2.96	16.76
Receivables	-	1,565	1,210	1,185	1,229	874.36
Inventory	-	497.98	395.51	278.62	422.53	133.43
Prepaid Expenses	-	7.83	4.19	4.54	4.47	5.79
Other Current Assets	-	633.87	169.1	160.79	285.3	180
Total Current Assets	-	5,686	2,638	2,718	2,807	2,998
Property, Plant & Equipment	-	787.05	799.54	555.47	573.47	108.72
Long-Term Investments	-	233.63	202.12	204.69	241.92	198.19
Goodwill	-	177.71	181.67	179.05	176.11	161.47
Other Intangible Assets	-	561.76	523.52	396.54	274.55	247.92
Long-Term Deferred Charges	-	65.93	30.98	31.1	125.88	138.43
Other Long-Term Assets	-	205.35	253.83	321.6	227.02	5.27
Total Assets	-	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	Sep '26 Sep 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	-	325.87	163.17	96.07	214.07	231.25
Accrued Expenses	-	260.48	224.72	186.87	199.96	167.66
Short-Term Debt	-	-	-	-	0.7	11.47
Current Portion of Long-Term Debt	-	442.89	311.69	94.75	-	-
Current Portion of Leases	-	35.43	37.35	20.39	29.75	18.47
Current Income Taxes Payable	-	4.98	7.48	3.29	3.76	3.05
Current Unearned Revenue	-	1,261	627.36	457.64	548.89	469.63
Other Current Liabilities	-	196.25	175.47	90.98	127.41	171.19
Total Current Liabilities	-	2,527	1,547	950	1,125	1,073
Long-Term Debt	-	1,124	832.55	659.61	348.73	-
Long-Term Leases	-	39.65	44.53	22.27	20.45	16.93
Long-Term Unearned Revenue	-	-	-	33.22	-	-
Other Long-Term Liabilities	-	609.39	83.22	40.99	25.22	47.51
Total Liabilities	-	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	Sep '26 Sep 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	-	525.86	500.36	499.91	497.75	495.89
Additional Paid-In Capital	-	5,911	4,090	4,065	3,977	3,881
Retained Earnings	-	-2,944	-2,416	-1,815	-1,519	-1,593
Treasury Stock	-	-24.84	-	-	-	-
Comprehensive Income & Other	-	-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	-	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	Sep '26 Sep 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	23.11%	-	-	-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	525.07	525.86	500.36	499.91	497.75	495.89
Total Common Shares Outstanding	525.07	525.86	500.36	499.91	497.75	495.89
Working Capital	-	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	471.15	471.13	12.95
Machinery	-	279.24	237.27	186.91	168.72	142.12
Construction In Progress	-	0.79	0.15	6.47	3.27	4.98
Order Backlog	-	5,075	-	-	-	-