SHA:688585 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	304.48	270.55	358.71	188.7	186.08
Short-Term Investments	-	-	127.31	-	-
Trading Asset Securities	30.01	-	0.01	-	-
Cash & Short-Term Investments	334.49	270.55	486.03	188.7	186.08
Cash Growth	23.63%	-44.33%	157.56%	1.41%	-24.64%
Accounts Receivable	1,012	763.98	652.3	1,022	1,057
Other Receivables	38.94	2.14	2.17	2.28	1.94
Receivables	1,051	766.12	654.48	1,024	1,059
Inventory	186.15	179.84	123.64	115.29	182.09
Other Current Assets	155.11	25.01	14.87	11.23	16.66
Total Current Assets	1,726	1,242	1,279	1,339	1,444
Property, Plant & Equipment	287.89	280.39	258.92	238.37	249.08
Long-Term Investments	208.44	381.36	203.28	208.64	210.39
Other Intangible Assets	40.15	41.39	30.46	32.18	34.03
Long-Term Deferred Tax Assets	19.84	15.28	12.46	5.03	11.8
Long-Term Deferred Charges	32.21	0.05	0.11	0.17	0.47
Total Assets	2,315	1,960	1,784	1,824	1,950
Accounts Payable	541.88	380.79	307.58	297.68	585.45
Accrued Expenses	73.46	50.52	46.51	35.02	36.74
Short-Term Debt	-	5.18	-	144.42	233.16
Current Portion of Long-Term Debt	0.42	0.37	-	-	-
Current Portion of Leases	7.4	3.35	4.25	3.42	3.38
Current Income Taxes Payable	24.42	17.32	25.92	14.27	3.73
Current Unearned Revenue	4.32	4.87	1.76	19	6.49
Other Current Liabilities	279.65	212.08	179.63	159.51	22.35
Total Current Liabilities	931.54	674.48	565.66	673.34	891.3
Long-Term Debt	7.1	7.04	-	-	-
Long-Term Leases	25.52	8.01	1.48	3.93	5.51
Total Liabilities	964.15	689.53	567.14	677.27	896.82
Common Stock	403.36	403.36	403.27	403.2	403.2
Additional Paid-In Capital	365.2	324.49	324.95	324.16	323.39
Retained Earnings	527.28	498.7	434.22	372.16	288.01
Comprehensive Income & Other	50.76	39.56	51.08	46.96	38.23
Total Common Equity	1,347	1,266	1,214	1,146	1,053
Minority Interest	4.16	4.35	3.58	-	-
Shareholders' Equity	1,351	1,270	1,217	1,146	1,053
Total Liabilities & Equity	2,315	1,960	1,784	1,824	1,950
Total Debt	40.43	23.95	5.74	151.78	242.05
Net Cash (Debt)	294.06	246.6	480.29	36.93	-55.97
Net Cash Growth	19.25%	-48.66%	1200.69%	-	-
Net Cash Per Share	0.72	0.61	1.22	0.09	-0.13
Filing Date Shares Outstanding	403.36	403.36	403.27	403.2	403.2
Total Common Shares Outstanding	403.36	403.36	403.27	403.2	403.2
Working Capital	794.84	567.04	713.36	666.02	552.58
Book Value Per Share	3.34	3.14	3.01	2.84	2.61
Tangible Book Value	1,306	1,225	1,183	1,114	1,019
Tangible Book Value Per Share	3.24	3.04	2.93	2.76	2.53
Buildings	204.32	202.21	164.07	164.05	159.04
Machinery	342.45	309.03	284.67	271.36	259.68
Construction In Progress	3.21	22.53	43.57	12.6	15.4

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