SHA:688586 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	-	835.35	1,029	1,053	981.03
Short-Term Investments	-	-	-	450	-
Trading Asset Securities	-	421.61	483.86	101.15	530
Cash & Short-Term Investments	969.66	1,257	1,513	1,604	1,511
Cash Growth	-22.86%	-16.90%	-5.71%	6.17%	9.61%
Accounts Receivable	-	1,043	710.47	489.07	436.55
Other Receivables	-	1.36	0.32	4.57	0.49
Receivables	-	1,045	710.79	493.64	437.03
Inventory	-	550.36	581.38	699.9	685.46
Prepaid Expenses	-	4.95	2.25	13.03	1.54
Other Current Assets	-	32.38	50.5	70.45	155.36
Total Current Assets	-	2,889	2,858	2,881	2,790
Property, Plant & Equipment	-	588.8	595.91	590.28	524.69
Long-Term Investments	-	13.38	14.16	15.08	11.41
Other Intangible Assets	-	76.66	68.9	74.46	69.36
Long-Term Deferred Tax Assets	-	18.97	18.74	19.16	22.61
Long-Term Deferred Charges	-	11.19	3.1	2.85	3.42
Other Long-Term Assets	-	21.04	26.57	19.14	63.15
Total Assets	-	3,619	3,585	3,602	3,485
Accounts Payable	-	671.45	541.88	499.32	527.58
Accrued Expenses	-	77.93	68.16	87.74	57.32
Short-Term Debt	-	10	-	-	2.62
Current Portion of Long-Term Debt	-	-	-	0.9	-
Current Portion of Leases	-	3.26	2.11	1.15	1.62
Current Unearned Revenue	-	61.98	195.34	317.3	386.65
Other Current Liabilities	-	27.85	31.79	49.94	27.53
Total Current Liabilities	-	852.47	839.28	956.35	1,003
Long-Term Debt	-	-	-	2.1	-
Long-Term Leases	-	0.97	2.33	-	1.7
Long-Term Unearned Revenue	-	262.11	278.77	295.39	313.1
Pension & Post-Retirement Benefits	-	46.29	45.12	54.32	81.06
Long-Term Deferred Tax Liabilities	-	4.81	5.65	5.29	-
Other Long-Term Liabilities	-	-42.85	-63.25	-72.07	1.56
Total Liabilities	-	1,124	1,108	1,241	1,401
Common Stock	-	791.34	791.34	565.24	403.74
Additional Paid-In Capital	-	948.66	948.66	1,146	1,225
Retained Earnings	-	737.37	714.85	623.61	452.28
Comprehensive Income & Other	-	18.06	22.21	26.47	2.95
Total Common Equity	2,467	2,495	2,477	2,361	2,084
Shareholders' Equity	2,467	2,495	2,477	2,361	2,084
Total Liabilities & Equity	-	3,619	3,585	3,602	3,485
Total Debt	11.8	14.23	4.44	4.15	5.94
Net Cash (Debt)	957.86	1,243	1,508	1,600	1,505
Net Cash Growth	-22.92%	-17.60%	-5.75%	6.31%	12.45%
Net Cash Per Share	1.22	1.59	1.88	2.03	1.89
Filing Date Shares Outstanding	600.05	791.34	791.34	791.34	791.34
Total Common Shares Outstanding	791.34	791.34	791.34	791.34	791.34
Working Capital	-	2,037	2,018	1,925	1,787
Book Value Per Share	3.12	3.15	3.13	2.98	2.63
Tangible Book Value	2,397	2,419	2,408	2,286	2,015
Tangible Book Value Per Share	3.03	3.06	3.04	2.89	2.55
Buildings	-	490.79	490.79	453.79	447.49
Machinery	-	712.85	645.52	643.5	555
Construction In Progress	-	3.46	32.35	36.99	26.14

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