SHA:688590 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	557.35	578.26	499.13	552.21	618.39	487.69
Short-Term Investments	-	-	-	-	20	47
Trading Asset Securities	43.89	40.31	58.48	77.2	94.77	142.14
Cash & Short-Term Investments	601.24	618.57	557.61	629.42	733.16	676.83
Cash Growth	50.14%	10.93%	-11.41%	-14.15%	8.32%	-22.43%
Accounts Receivable	1,257	1,194	1,263	1,081	954.81	830.44
Other Receivables	37.7	26.29	30.31	31.52	21.85	32.19
Receivables	1,294	1,220	1,293	1,113	976.66	862.63
Inventory	815.52	473.08	376.26	386.44	303.25	235.22
Prepaid Expenses	-	0.93	0.49	0.68	1.84	6.24
Other Current Assets	226.2	58.37	34.2	21.96	11.93	10.67
Total Current Assets	2,937	2,371	2,262	2,151	2,027	1,792
Property, Plant & Equipment	486.54	494.42	509.34	111.99	118.25	85.2
Long-Term Investments	65.92	66.22	64.58	62.56	85.69	26.84
Goodwill	56.73	56.73	72.17	77.43	51.16	39.42
Other Intangible Assets	67.95	86.91	93.31	57.95	34.55	29.12
Long-Term Accounts Receivable	-	-	-	3.68	-	-
Long-Term Deferred Tax Assets	17.51	17.56	41.83	42.3	31.33	14.29
Long-Term Deferred Charges	88.04	51.49	52.38	40.15	24.43	5.02
Other Long-Term Assets	33.9	65.85	7.98	152.25	7.95	0.99
Total Assets	3,754	3,210	3,103	2,700	2,380	1,992

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	94.68	54.04	115.24	105.61	30.82	6.54
Accrued Expenses	121.82	165.71	169.98	151.88	152.32	161.55
Short-Term Debt	1,173	1,081	759.35	556.07	409.26	448.89
Current Portion of Long-Term Debt	12.45	12.48	12.12	0.86	-	-
Current Portion of Leases	-	3.85	5.18	13.75	11.26	9.87
Current Income Taxes Payable	68.02	2.9	6.46	9.33	0.61	24.75
Current Unearned Revenue	206.32	28.03	19.68	22.98	21.38	11.52
Other Current Liabilities	51.65	36.33	17.3	30.36	9.76	4.41
Total Current Liabilities	1,728	1,384	1,105	890.83	635.41	667.54
Long-Term Debt	221.65	388.36	384.43	203.4	306.06	36.79
Long-Term Leases	4.9	1.32	1.77	5.07	12.64	0.37
Long-Term Unearned Revenue	4.47	4.62	5.44	1.69	2.23	3.44
Long-Term Deferred Tax Liabilities	0.53	1.27	3.18	4.01	4.73	0.19
Total Liabilities	1,960	1,780	1,500	1,105	961.07	708.34

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	312.87	262.9	265.22	256.84	238.72	182.02
Additional Paid-In Capital	1,240	781.26	795.45	670.84	501.51	537.05
Retained Earnings	202.69	254.55	391.03	412.65	344.03	439.66
Treasury Stock	-6.99	-6.99	-61.71	-	-	-
Comprehensive Income & Other	-13.62	65.47	68.23	104.39	187.9	-2.18
Total Common Equity	1,735	1,357	1,458	1,445	1,272	1,157
Minority Interest	59.31	73.25	145.05	149.97	146.97	127.58
Shareholders' Equity	1,794	1,430	1,603	1,595	1,419	1,284
Total Liabilities & Equity	3,754	3,210	3,103	2,700	2,380	1,992

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	1,412	1,487	1,163	779.15	739.22	495.93
Net Cash (Debt)	-810.81	-868.18	-605.24	-149.73	-6.05	180.91
Net Cash Growth	-	-	-	-	-	-20.92%
Net Cash Per Share	-2.94	-3.27	-2.24	-0.63	-0.03	0.77
Filing Date Shares Outstanding	300.49	285.83	259.99	256.84	238.72	236.63
Total Common Shares Outstanding	300.49	285.83	259.99	256.84	238.72	236.63
Working Capital	1,209	986.85	1,156	1,261	1,391	1,124
Book Value Per Share	5.77	4.75	5.61	5.62	5.33	4.89
Tangible Book Value	1,610	1,214	1,293	1,309	1,186	1,088
Tangible Book Value Per Share	5.36	4.25	4.97	5.10	4.97	4.60
Buildings	-	421.34	419.92	60.71	60.71	60.71
Machinery	-	139.77	125.56	59.08	25.83	39.89