SHA:688550 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	718.93	633.81	666.03	629.46	837.6	1,326
Short-Term Investments	-	-	-	10.2	5.44	15.11
Trading Asset Securities	415.63	511.64	339.53	386.03	140.36	450.69
Cash & Short-Term Investments	1,135	1,145	1,006	1,026	983.39	1,792
Cash Growth	14.91%	13.91%	-1.96%	4.30%	-45.12%	3.95%
Accounts Receivable	358.38	340.87	273.97	250.05	255.61	472.88
Other Receivables	0.81	0.72	0.3	0.62	0.54	0.57
Receivables	359.19	341.59	274.28	250.67	256.15	473.44
Inventory	571.35	519.38	485.14	499.97	624.72	527.76
Prepaid Expenses	-	-	-	-	1.32	-
Other Current Assets	117.84	108.28	50.9	76.86	73.59	58.2
Total Current Assets	2,183	2,115	1,816	1,853	1,939	2,851
Property, Plant & Equipment	1,122	1,150	1,250	1,260	1,248	810.96
Long-Term Investments	204.47	203.75	175.14	66.77	44.16	34.03
Other Intangible Assets	101.3	93.38	82.75	39.77	41.77	32.18
Long-Term Deferred Tax Assets	55.5	52.77	26.41	16.02	16.82	19.41
Long-Term Deferred Charges	18.34	27.1	35.1	22.08	3.86	4.29
Other Long-Term Assets	12.55	8.01	12.85	66.24	46.65	78.57
Total Assets	3,697	3,649	3,398	3,324	3,340	3,831
Accounts Payable	210.02	195.46	224.26	248.6	258.46	406.92
Accrued Expenses	52.05	75.08	69.84	58.45	56.9	60.16
Short-Term Debt	5	-	10.07	10.01	10.01	302.96
Current Income Taxes Payable	22.03	13.07	13.27	3.82	0	9.92
Current Unearned Revenue	2.63	15	4.48	0.84	8.63	29.59
Other Current Liabilities	14.2	12.82	11.31	39.5	33.29	156.15
Total Current Liabilities	305.92	311.43	333.22	361.23	367.28	965.7
Long-Term Unearned Revenue	44.46	44.08	33.63	15.81	10.76	9.61
Long-Term Deferred Tax Liabilities	5.03	4.95	5.68	6.22	6.91	0.62
Total Liabilities	355.41	360.46	372.53	383.25	384.95	975.93
Common Stock	173.84	173.58	174.73	137.82	98.4	70.18
Additional Paid-In Capital	1,999	1,990	1,999	2,147	2,180	2,184
Retained Earnings	1,167	1,124	916.07	745.01	728.16	600.17
Treasury Stock	-	-	-67.19	-90.44	-50.05	-
Comprehensive Income & Other	1.48	1.24	2.84	0.76	-1.03	-
Shareholders' Equity	3,342	3,289	3,025	2,941	2,956	2,855
Total Liabilities & Equity	3,697	3,649	3,398	3,324	3,340	3,831
Total Debt	5	-	10.07	10.01	10.01	302.96
Net Cash (Debt)	1,130	1,145	995.49	1,016	973.39	1,489
Net Cash Growth	16.18%	15.06%	-1.99%	4.35%	-34.62%	-13.63%
Net Cash Per Share	6.47	6.56	5.73	5.71	5.47	8.31
Filing Date Shares Outstanding	174.61	173.58	172.11	176.78	177.96	178.82
Total Common Shares Outstanding	174.61	173.58	172.77	176.78	177.96	178.82
Working Capital	1,877	1,803	1,483	1,492	1,572	1,885
Book Value Per Share	19.14	18.95	17.51	16.63	16.61	15.96
Tangible Book Value	3,241	3,196	2,943	2,901	2,914	2,822
Tangible Book Value Per Share	18.56	18.41	17.03	16.41	16.37	15.78
Buildings	-	-	819.37	701.73	618.37	459.84
Machinery	-	-	1,128	1,077	967.2	644.05
Construction In Progress	-	-	150.77	182.11	226.4	184.11

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