SHA:688526 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	169.96	176.8	543.48	581.74	456.07	555.36
Short-Term Investments	-	664.39	669.19	451.14	810	547.35
Trading Asset Securities	1,677	1,542	719.51	745.04	674.83	212.95
Cash & Short-Term Investments	1,847	2,383	1,932	1,778	1,941	1,316
Cash Growth	-7.86%	23.36%	8.68%	-8.40%	47.52%	-39.76%
Accounts Receivable	287.68	302.6	354.81	343.15	406.52	294.4
Other Receivables	4.52	4.32	4.87	37.47	34.96	32.02
Receivables	292.2	366.92	359.69	635.68	441.48	326.42
Inventory	146.13	144.27	125.6	144.8	169.4	108.82
Other Current Assets	740.58	32.41	55.62	7.69	9.12	10.42
Total Current Assets	3,026	2,927	2,473	2,566	2,561	1,761
Property, Plant & Equipment	822.25	877.95	887.05	858.9	905.38	904.15
Long-Term Investments	37.23	907.16	1,057	1,136	799.2	940.15
Goodwill	-	-	-	3.31	3.31	-
Other Intangible Assets	63.65	65.71	65.1	60.03	59.91	57.24
Long-Term Deferred Tax Assets	0.38	0.5	0.96	0.3	26.8	16.28
Long-Term Deferred Charges	0.89	1.12	1.6	1.18	-	-
Other Long-Term Assets	562.53	9.7	10.98	45.88	35.13	46.2
Total Assets	4,513	4,789	4,496	4,671	4,391	3,725

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	117.23	111.32	178.26	165.03	244.27	215.74
Accrued Expenses	31.06	79.92	87.64	88.36	92.79	76.04
Short-Term Debt	-	-	-	206.65	131.6	18.03
Current Portion of Long-Term Debt	1.76	-	-	80.05	-	60.06
Current Portion of Leases	-	1.61	1.35	1.06	0.65	-
Current Income Taxes Payable	19.26	46.69	30.77	53.98	31.09	46.83
Current Unearned Revenue	161.09	182.37	148.6	157.61	101.7	63.18
Other Current Liabilities	56.49	35.58	16.87	5.51	21.74	12.35
Total Current Liabilities	386.89	457.5	463.5	758.25	623.84	492.24
Long-Term Debt	-	-	-	-	140.11	-
Long-Term Leases	4.83	5.07	5.55	5.75	7.12	-
Long-Term Unearned Revenue	67.82	69.66	66.04	56.62	61.72	47.5
Long-Term Deferred Tax Liabilities	22.56	17.79	17.71	12.97	56.84	29.68
Other Long-Term Liabilities	-	-	-	-	1.99	1.99
Total Liabilities	482.09	550.03	552.8	833.59	891.63	571.41

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	466.13	466.13	466.13	466.17	466.21	465.13
Additional Paid-In Capital	1,130	1,127	1,140	1,141	1,135	1,115
Retained Earnings	2,457	2,639	2,387	2,204	1,897	1,576
Treasury Stock	-17.69	-17.69	-34.77	-0.57	-1.12	-1.86
Comprehensive Income & Other	-3.42	24.36	-17.14	25.33	-	-
Total Common Equity	4,032	4,239	3,941	3,836	3,497	3,153
Minority Interest	-0.6	0.4	2.05	2.03	2.07	0.44
Shareholders' Equity	4,031	4,239	3,943	3,838	3,499	3,154
Total Liabilities & Equity	4,513	4,789	4,496	4,671	4,391	3,725

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	6.59	6.68	6.9	293.51	279.48	78.09
Net Cash (Debt)	1,841	2,377	1,925	1,484	1,661	1,238
Net Cash Growth	-7.88%	23.45%	29.70%	-10.65%	34.25%	-41.73%
Net Cash Per Share	3.98	5.11	4.13	3.19	3.57	2.67
Filing Date Shares Outstanding	459.69	453.53	463.92	464.69	466.21	465.13
Total Common Shares Outstanding	459.69	453.53	463.92	466.17	466.21	465.13
Working Capital	2,639	2,470	2,010	1,808	1,937	1,269
Book Value Per Share	8.77	9.35	8.49	8.23	7.50	6.78
Tangible Book Value	3,968	4,173	3,876	3,772	3,434	3,096
Tangible Book Value Per Share	8.63	9.20	8.35	8.09	7.37	6.66
Buildings	-	374.2	291.93	277.02	270.37	237.39
Machinery	-	1,069	974.9	954.6	942.59	511.38
Construction In Progress	-	33.5	134.51	43.05	17	388.72