SHA:688580 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	731.29	-	1,068	1,155	1,248	1,366
Cash & Short-Term Investments	931.29	1,018	1,068	1,155	1,248	1,366
Cash Growth	-12.06%	-4.67%	-7.52%	-7.46%	-8.63%	-0.04%
Accounts Receivable	20.51	-	25.15	36.62	21.11	24.31
Other Receivables	8.27	-	23.84	16.7	10.74	11.27
Receivables	28.78	-	48.99	53.32	31.85	35.58
Inventory	37.16	-	38.74	39.92	34.84	30.44
Prepaid Expenses	-	-	1.22	0.62	0.79	0.36
Other Current Assets	34.92	-	6.17	5.98	3.61	1.98
Total Current Assets	1,032	-	1,163	1,255	1,319	1,434
Property, Plant & Equipment	443.41	-	410.11	321.53	172.54	100.26
Long-Term Investments	29.25	-	24.46	22.04	-	-
Goodwill	69.31	-	69.31	69.31	69.31	-
Other Intangible Assets	100.49	-	127.68	120.57	106.48	18.76
Long-Term Deferred Tax Assets	13.97	-	13.41	15.1	7.91	12.74
Long-Term Deferred Charges	22.34	-	2.07	1.25	2.63	0.77
Other Long-Term Assets	152.06	-	10.06	1.4	6.14	71.88
Total Assets	1,863	-	1,820	1,806	1,684	1,639
Accounts Payable	12.03	-	19.4	17.96	19.72	9.28
Accrued Expenses	8.48	-	28.84	32.24	35.92	26.6
Current Portion of Long-Term Debt	0.16	-	-	-	-	-
Current Portion of Leases	-	-	0.75	-	1.19	1.18
Current Income Taxes Payable	31.18	-	3.86	10.81	4.63	16.23
Current Unearned Revenue	2.58	-	4.82	6.28	13.49	33.29
Other Current Liabilities	52.48	-	133.9	84.4	54.3	17.29
Total Current Liabilities	106.92	-	191.59	151.68	129.24	103.87
Long-Term Leases	0.24	-	0.9	-	-	1.81
Long-Term Deferred Tax Liabilities	0.34	-	0.42	0.48	0.55	-
Other Long-Term Liabilities	-	-	-	27.1	25.87	-
Total Liabilities	107.49	-	192.9	179.27	155.67	105.68
Common Stock	95.77	-	95.77	68.62	68.62	68.35
Additional Paid-In Capital	1,067	-	1,065	1,112	1,091	1,086
Retained Earnings	595.59	-	472.51	472.74	383.39	378.47
Treasury Stock	-2.43	-	-5.77	-26.45	-14.87	-
Total Common Equity	1,755	1,658	1,627	1,627	1,529	1,533
Shareholders' Equity	1,755	1,658	1,627	1,627	1,529	1,533
Total Liabilities & Equity	1,863	-	1,820	1,806	1,684	1,639
Total Debt	0.4	0.06	1.65	-	1.19	2.99
Net Cash (Debt)	930.89	1,018	1,067	1,155	1,247	1,363
Net Cash Growth	-12.02%	-4.53%	-7.66%	-7.37%	-8.52%	-0.25%
Net Cash Per Share	9.71	10.66	11.18	12.07	13.03	14.20
Filing Date Shares Outstanding	96.21	95.79	95.71	95.37	95.62	95.69
Total Common Shares Outstanding	96.21	95.71	95.71	95.37	95.62	95.69
Working Capital	925.23	-	971.68	1,103	1,190	1,330
Book Value Per Share	18.25	17.32	17.00	17.06	15.99	16.02
Tangible Book Value	1,586	1,459	1,430	1,437	1,353	1,514
Tangible Book Value Per Share	16.48	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

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