SHA:688569 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	-	1,418	1,518	1,236	1,375
Trading Asset Securities	-	201.77	-	-	-
Cash & Short-Term Investments	1,565	1,620	1,518	1,236	1,375
Cash Growth	-3.34%	6.69%	22.82%	-10.13%	4.55%
Accounts Receivable	-	991.69	801.79	886.05	844.94
Other Receivables	-	3.91	8.41	6.55	7.36
Receivables	-	995.6	810.2	892.6	852.31
Inventory	-	350.63	512.06	469.99	382.72
Prepaid Expenses	-	0.67	4.46	-	-
Other Current Assets	-	40.15	50.62	33.26	30.14
Total Current Assets	-	3,007	2,895	2,632	2,640
Property, Plant & Equipment	-	632.63	664.87	624.82	434.12
Long-Term Investments	-	52.54	50.53	49.5	43.25
Other Intangible Assets	-	124.14	128.17	130.27	134.56
Long-Term Deferred Tax Assets	-	31.68	35	23.27	22.08
Long-Term Deferred Charges	-	1.37	2.54	2.62	3.72
Other Long-Term Assets	-	2.23	2.02	18.22	15.07
Total Assets	-	3,851	3,779	3,481	3,293
Accounts Payable	-	471.02	536.37	497.71	441.89
Accrued Expenses	-	32.82	31.24	36.5	31.91
Short-Term Debt	-	-	-	-	40.29
Current Portion of Leases	-	4.18	4	3.82	2.34
Current Income Taxes Payable	-	6.39	4.07	10.87	12.33
Current Unearned Revenue	-	1	0.81	16.48	5.1
Other Current Liabilities	-	20.26	37.43	41	119.46
Total Current Liabilities	-	535.68	613.91	606.38	653.33
Long-Term Leases	-	8.96	13.14	17.13	-
Long-Term Unearned Revenue	-	4.63	4.52	1.94	2.23
Long-Term Deferred Tax Liabilities	-	2.11	2.46	-	-
Total Liabilities	-	551.38	634.03	625.45	655.56
Common Stock	-	210.67	210.67	210.67	210.67
Additional Paid-In Capital	-	1,156	1,156	1,156	1,156
Retained Earnings	-	1,476	1,356	1,139	955.2
Comprehensive Income & Other	-	4.84	2.23	-	-
Total Common Equity	2,867	2,847	2,725	2,506	2,322
Minority Interest	-	452.47	419.04	348.81	315.87
Shareholders' Equity	3,360	3,300	3,145	2,855	2,638
Total Liabilities & Equity	-	3,851	3,779	3,481	3,293
Total Debt	15.19	13.14	17.13	20.95	42.63
Net Cash (Debt)	1,550	1,606	1,501	1,215	1,333
Net Cash Growth	-3.50%	7.03%	23.53%	-8.83%	1.31%
Net Cash Per Share	7.33	7.65	7.13	5.74	6.35
Filing Date Shares Outstanding	210.67	210.67	210.67	210.67	210.67
Total Common Shares Outstanding	210.67	210.67	210.67	210.67	210.67
Working Capital	-	2,471	2,282	2,025	1,987
Book Value Per Share	13.61	13.52	12.94	11.90	11.02
Tangible Book Value	2,747	2,723	2,597	2,376	2,187
Tangible Book Value Per Share	13.04	12.93	12.33	11.28	10.38
Buildings	-	338.06	333.41	207.28	82.04
Machinery	-	641.48	592.97	430.1	319.01
Construction In Progress	-	26.02	30.91	213.96	239.38

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.