SHA:688580 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	-	1,068	1,155	1,248	1,366
Cash & Short-Term Investments	1,018	1,068	1,155	1,248	1,366
Cash Growth	-4.67%	-7.52%	-7.46%	-8.63%	-0.04%
Accounts Receivable	-	25.15	36.62	21.11	24.31
Other Receivables	-	23.84	16.7	10.74	11.27
Receivables	-	48.99	53.32	31.85	35.58
Inventory	-	38.74	39.92	34.84	30.44
Prepaid Expenses	-	1.22	0.62	0.79	0.36
Other Current Assets	-	6.17	5.98	3.61	1.98
Total Current Assets	-	1,163	1,255	1,319	1,434
Property, Plant & Equipment	-	410.11	321.53	172.54	100.26
Long-Term Investments	-	24.46	22.04	-	-
Goodwill	-	69.31	69.31	69.31	-
Other Intangible Assets	-	127.68	120.57	106.48	18.76
Long-Term Deferred Tax Assets	-	13.41	15.1	7.91	12.74
Long-Term Deferred Charges	-	2.07	1.25	2.63	0.77
Other Long-Term Assets	-	10.06	1.4	6.14	71.88
Total Assets	-	1,820	1,806	1,684	1,639
Accounts Payable	-	19.4	17.96	19.72	9.28
Accrued Expenses	-	28.84	32.24	35.92	26.6
Current Portion of Leases	-	0.75	-	1.19	1.18
Current Income Taxes Payable	-	3.86	10.81	4.63	16.23
Current Unearned Revenue	-	4.82	6.28	13.49	33.29
Other Current Liabilities	-	133.9	84.4	54.3	17.29
Total Current Liabilities	-	191.59	151.68	129.24	103.87
Long-Term Leases	-	0.9	-	-	1.81
Long-Term Deferred Tax Liabilities	-	0.42	0.48	0.55	-
Other Long-Term Liabilities	-	-	27.1	25.87	-
Total Liabilities	-	192.9	179.27	155.67	105.68
Common Stock	-	95.77	68.62	68.62	68.35
Additional Paid-In Capital	-	1,065	1,112	1,091	1,086
Retained Earnings	-	472.51	472.74	383.39	378.47
Treasury Stock	-	-5.77	-26.45	-14.87	-
Total Common Equity	1,658	1,627	1,627	1,529	1,533
Shareholders' Equity	1,658	1,627	1,627	1,529	1,533
Total Liabilities & Equity	-	1,820	1,806	1,684	1,639
Total Debt	0.06	1.65	-	1.19	2.99
Net Cash (Debt)	1,018	1,067	1,155	1,247	1,363
Net Cash Growth	-4.53%	-7.66%	-7.37%	-8.52%	-0.25%
Net Cash Per Share	10.66	11.18	12.07	13.03	14.20
Filing Date Shares Outstanding	95.79	95.71	95.37	95.62	95.69
Total Common Shares Outstanding	95.71	95.71	95.37	95.62	95.69
Working Capital	-	971.68	1,103	1,190	1,330
Book Value Per Share	17.32	17.00	17.06	15.99	16.02
Tangible Book Value	1,459	1,430	1,437	1,353	1,514
Tangible Book Value Per Share	15.25	14.95	15.07	14.15	15.83
Buildings	-	96.32	96.32	96.39	96.39
Machinery	-	50.15	46.52	38.08	22.81
Construction In Progress	-	319.83	224.86	70.44	2.51

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