SHA:688590 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	578.26	499.13	552.21	618.39	487.69
Short-Term Investments	-	-	-	20	47
Trading Asset Securities	40.31	58.48	77.2	94.77	142.14
Cash & Short-Term Investments	618.57	557.61	629.42	733.16	676.83
Cash Growth	10.93%	-11.41%	-14.15%	8.32%	-22.43%
Accounts Receivable	1,194	1,263	1,081	954.81	830.44
Other Receivables	26.29	30.31	31.52	21.85	32.19
Receivables	1,220	1,293	1,113	976.66	862.63
Inventory	473.08	376.26	386.44	303.25	235.22
Prepaid Expenses	-	0.49	0.68	1.84	6.24
Other Current Assets	59.31	34.2	21.96	11.93	10.67
Total Current Assets	2,371	2,262	2,151	2,027	1,792
Property, Plant & Equipment	494.42	509.34	111.99	118.25	85.2
Long-Term Investments	66.22	64.58	62.56	85.69	26.84
Goodwill	56.73	72.17	77.43	51.16	39.42
Other Intangible Assets	64.74	77.31	57.95	34.55	29.12
Long-Term Accounts Receivable	-	-	3.68	-	-
Long-Term Deferred Tax Assets	17.56	41.83	42.3	31.33	14.29
Long-Term Deferred Charges	73.66	68.39	40.15	24.43	5.02
Other Long-Term Assets	65.85	7.98	152.25	7.95	0.99
Total Assets	3,210	3,103	2,700	2,380	1,992
Accounts Payable	54.04	115.24	105.61	30.82	6.54
Accrued Expenses	112.09	169.98	151.88	152.32	161.55
Short-Term Debt	1,081	759.35	556.07	409.26	448.89
Current Portion of Long-Term Debt	16.33	12.12	0.86	-	-
Current Portion of Leases	-	5.18	13.75	11.26	9.87
Current Income Taxes Payable	59.53	6.46	9.33	0.61	24.75
Current Unearned Revenue	28.03	19.68	22.98	21.38	11.52
Other Current Liabilities	33.32	17.3	30.36	9.76	4.41
Total Current Liabilities	1,384	1,105	890.83	635.41	667.54
Long-Term Debt	388.36	384.43	203.4	306.06	36.79
Long-Term Leases	1.32	1.77	5.07	12.64	0.37
Long-Term Unearned Revenue	4.62	5.44	1.69	2.23	3.44
Long-Term Deferred Tax Liabilities	1.27	3.18	4.01	4.73	0.19
Total Liabilities	1,780	1,500	1,105	961.07	708.34
Common Stock	262.9	265.22	256.84	238.72	182.02
Additional Paid-In Capital	781.26	795.45	670.84	501.51	537.05
Retained Earnings	254.55	391.03	412.65	344.03	439.66
Treasury Stock	-6.99	-61.71	-	-	-
Comprehensive Income & Other	65.47	68.23	104.39	187.9	-2.18
Total Common Equity	1,357	1,458	1,445	1,272	1,157
Minority Interest	73.25	145.05	149.97	146.97	127.58
Shareholders' Equity	1,430	1,603	1,595	1,419	1,284
Total Liabilities & Equity	3,210	3,103	2,700	2,380	1,992
Total Debt	1,487	1,163	779.15	739.22	495.93
Net Cash (Debt)	-868.18	-605.24	-149.73	-6.05	180.91
Net Cash Growth	-	-	-	-	-20.92%
Net Cash Per Share	-3.27	-2.24	-0.63	-0.03	0.77
Filing Date Shares Outstanding	285.83	259.99	256.84	238.72	236.63
Total Common Shares Outstanding	285.83	259.99	256.84	238.72	236.63
Working Capital	986.85	1,156	1,261	1,391	1,124
Book Value Per Share	4.75	5.61	5.62	5.33	4.89
Tangible Book Value	1,236	1,309	1,309	1,186	1,088
Tangible Book Value Per Share	4.32	5.03	5.10	4.97	4.60
Buildings	-	419.92	60.71	60.71	60.71
Machinery	-	125.56	59.08	25.83	39.89

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