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	1,593	1,418	1,518	1,236	1,375
Trading Asset Securities	-	201.77	-	-	-
Cash & Short-Term Investments	1,593	1,620	1,518	1,236	1,375
Cash Growth	-1.64%	6.69%	22.82%	-10.13%	4.55%
Accounts Receivable	1,132	991.69	801.79	886.05	844.94
Other Receivables	5.57	3.91	8.41	6.55	7.36
Receivables	1,137	995.6	810.2	892.6	852.31
Inventory	437.53	350.63	512.06	469.99	382.72
Prepaid Expenses	-	0.67	4.46	-	-
Other Current Assets	26.41	40.15	50.62	33.26	30.14
Total Current Assets	3,194	3,007	2,895	2,632	2,640
Property, Plant & Equipment	637.3	632.63	664.87	624.82	434.12
Long-Term Investments	54.68	52.54	50.53	49.5	43.25
Other Intangible Assets	119.36	124.14	128.17	130.27	134.56
Long-Term Deferred Tax Assets	28.01	31.68	35	23.27	22.08
Long-Term Deferred Charges	0.83	1.37	2.54	2.62	3.72
Other Long-Term Assets	3.9	2.23	2.02	18.22	15.07
Total Assets	4,038	3,851	3,779	3,481	3,293
Accounts Payable	484.47	471.02	536.37	497.71	441.89
Accrued Expenses	27.14	32.82	31.24	36.5	31.91
Short-Term Debt	-	-	-	-	40.29
Current Portion of Long-Term Debt	4.81	-	-	-	-
Current Portion of Leases	-	4.18	4	3.82	2.34
Current Income Taxes Payable	25.24	6.39	4.07	10.87	12.33
Current Unearned Revenue	0.84	1	0.81	16.48	5.1
Other Current Liabilities	27.96	20.26	37.43	41	119.46
Total Current Liabilities	570.46	535.68	613.91	606.38	653.33
Long-Term Leases	5.76	8.96	13.14	17.13	-
Long-Term Unearned Revenue	1.71	4.63	4.52	1.94	2.23
Long-Term Deferred Tax Liabilities	1.43	2.11	2.46	-	-
Total Liabilities	579.36	551.38	634.03	625.45	655.56
Common Stock	210.67	210.67	210.67	210.67	210.67
Additional Paid-In Capital	1,156	1,156	1,156	1,156	1,156
Retained Earnings	1,573	1,476	1,356	1,139	955.2
Comprehensive Income & Other	7.14	4.84	2.23	-	-
Total Common Equity	2,947	2,847	2,725	2,506	2,322
Minority Interest	511.83	452.47	419.04	348.81	315.87
Shareholders' Equity	3,459	3,300	3,145	2,855	2,638
Total Liabilities & Equity	4,038	3,851	3,779	3,481	3,293
Total Debt	10.57	13.14	17.13	20.95	42.63
Net Cash (Debt)	1,582	1,606	1,501	1,215	1,333
Net Cash Growth	-1.49%	7.03%	23.53%	-8.83%	1.31%
Net Cash Per Share	7.48	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	2,624	2,471	2,282	2,025	1,987
Book Value Per Share	13.99	13.52	12.94	11.90	11.02
Tangible Book Value	2,828	2,723	2,597	2,376	2,187
Tangible Book Value Per Share	13.42	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.