SHA:688553 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	2,328	1,782	1,206	1,306
Trading Asset Securities	-	688.59	789.05	1,376	1,662
Cash & Short-Term Investments	2,609	3,017	2,572	2,582	2,968
Cash Growth	-13.53%	17.32%	-0.40%	-13.01%	395.07%
Accounts Receivable	-	55.55	55.95	42.83	11.87
Other Receivables	-	86.09	69.37	44.64	29.24
Receivables	-	141.64	125.31	87.48	41.11
Inventory	-	159.92	153.12	165.98	178.87
Prepaid Expenses	-	0	-	-	-
Other Current Assets	-	25.95	20.19	38	45.44
Total Current Assets	-	3,344	2,870	2,873	3,233
Property, Plant & Equipment	-	1,516	1,410	1,123	672.48
Long-Term Investments	-	89.66	155.4	99.31	54.3
Other Intangible Assets	-	60.57	62.09	63.51	64.01
Long-Term Deferred Tax Assets	-	24.47	53.81	29.63	10.55
Long-Term Deferred Charges	-	26.78	17.96	1.61	-
Other Long-Term Assets	-	103.32	115.78	85.94	94.71
Total Assets	-	5,166	4,686	4,277	4,130
Accounts Payable	-	197.03	133.89	95.52	59.25
Accrued Expenses	-	235.4	215.31	47.87	289.79
Short-Term Debt	-	589.08	426.73	45.04	13.66
Current Portion of Leases	-	1.64	2.85	5.43	3.06
Current Income Taxes Payable	-	0.24	11.98	1.27	10.62
Current Unearned Revenue	-	54.33	27.03	36.87	35.65
Other Current Liabilities	-	59.03	61.52	294.39	80.88
Total Current Liabilities	-	1,137	879.32	526.39	492.91
Long-Term Leases	-	-	2.05	4.62	3.28
Long-Term Unearned Revenue	-	48.98	24.3	22.15	24.21
Long-Term Deferred Tax Liabilities	-	6.52	5.54	5.27	0.6
Other Long-Term Liabilities	-	-	-	-	50.02
Total Liabilities	-	1,192	911.22	558.44	571.01
Common Stock	-	423.6	423.6	423.6	423.6
Additional Paid-In Capital	-	2,487	2,485	2,474	2,473
Retained Earnings	-	1,106	870.83	830.55	670.94
Treasury Stock	-	-30.02	-	-	-
Comprehensive Income & Other	-	-8.24	-9.15	-9.63	-9.41
Total Common Equity	3,731	3,979	3,771	3,718	3,558
Minority Interest	-	-5.66	3.83	-	-
Shareholders' Equity	3,721	3,973	3,774	3,718	3,558
Total Liabilities & Equity	-	5,166	4,686	4,277	4,130
Total Debt	500.41	590.72	431.63	55.09	20
Net Cash (Debt)	2,108	2,426	2,140	2,527	2,948
Net Cash Growth	-13.10%	13.38%	-15.31%	-14.29%	391.73%
Net Cash Per Share	5.23	5.74	5.05	5.99	7.93
Filing Date Shares Outstanding	343.23	421.46	423.6	423.6	423.6
Total Common Shares Outstanding	421.46	421.46	423.6	423.6	423.6
Working Capital	-	2,208	1,991	2,347	2,741
Book Value Per Share	8.85	9.44	8.90	8.78	8.40
Tangible Book Value	3,671	3,918	3,709	3,655	3,494
Tangible Book Value Per Share	8.71	9.30	8.75	8.63	8.25
Buildings	-	654.99	315.19	179.43	127.91
Machinery	-	648.03	574.16	436.3	323.89
Construction In Progress	-	528.71	768.43	695.81	365.65

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