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	Jun '26 Jun 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	567.82	578.26	499.13	552.21	618.39	487.69
Short-Term Investments	-	-	-	-	20	47
Trading Asset Securities	40.02	40.31	58.48	77.2	94.77	142.14
Cash & Short-Term Investments	607.84	618.57	557.61	629.42	733.16	676.83
Cash Growth	95.08%	10.93%	-11.41%	-14.15%	8.32%	-22.43%
Accounts Receivable	1,251	1,194	1,263	1,081	954.81	830.44
Other Receivables	36.03	26.29	30.31	31.52	21.85	32.19
Receivables	1,287	1,220	1,293	1,113	976.66	862.63
Inventory	827.94	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	233.97	58.37	34.2	21.96	11.93	10.67
Total Current Assets	2,957	2,371	2,262	2,151	2,027	1,792
Property, Plant & Equipment	491.58	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	74.4	86.91	93.31	57.95	34.55	29.12
Long-Term Accounts Receivable	-	-	-	3.68	-	-
Long-Term Deferred Tax Assets	20.51	17.56	41.83	42.3	31.33	14.29
Long-Term Deferred Charges	81.68	51.49	52.38	40.15	24.43	5.02
Other Long-Term Assets	24.59	65.85	7.98	152.25	7.95	0.99
Total Assets	3,772	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	Jun '26 Jun 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	177.17	54.04	115.24	105.61	30.82	6.54
Accrued Expenses	118.74	165.71	169.98	151.88	152.32	161.55
Short-Term Debt	1,145	1,081	759.35	556.07	409.26	448.89
Current Portion of Long-Term Debt	12.98	12.48	12.12	0.86	-	-
Current Portion of Leases	-	3.85	5.18	13.75	11.26	9.87
Current Income Taxes Payable	50.6	2.9	6.46	9.33	0.61	24.75
Current Unearned Revenue	154.96	28.03	19.68	22.98	21.38	11.52
Other Current Liabilities	49.9	36.33	17.3	30.36	9.76	4.41
Total Current Liabilities	1,709	1,384	1,105	890.83	635.41	667.54
Long-Term Debt	222.24	388.36	384.43	203.4	306.06	36.79
Long-Term Leases	3.27	1.32	1.77	5.07	12.64	0.37
Long-Term Unearned Revenue	3.82	4.62	5.44	1.69	2.23	3.44
Long-Term Deferred Tax Liabilities	0.79	1.27	3.18	4.01	4.73	0.19
Total Liabilities	1,939	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	Jun '26 Jun 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	1,237	781.26	795.45	670.84	501.51	537.05
Retained Earnings	244.18	254.55	391.03	412.65	344.03	439.66
Treasury Stock	-6.99	-6.99	-61.71	-	-	-
Comprehensive Income & Other	-13.88	65.47	68.23	104.39	187.9	-2.18
Total Common Equity	1,774	1,357	1,458	1,445	1,272	1,157
Minority Interest	59.15	73.25	145.05	149.97	146.97	127.58
Shareholders' Equity	1,833	1,430	1,603	1,595	1,419	1,284
Total Liabilities & Equity	3,772	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	Jun '26 Jun 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	1,383	1,487	1,163	779.15	739.22	495.93
Net Cash (Debt)	-775.4	-868.18	-605.24	-149.73	-6.05	180.91
Net Cash Growth	-	-	-	-	-	-20.92%
Net Cash Per Share	-3.02	-3.27	-2.24	-0.63	-0.03	0.77
Filing Date Shares Outstanding	344.72	285.83	259.99	256.84	238.72	236.63
Total Common Shares Outstanding	344.72	285.83	259.99	256.84	238.72	236.63
Working Capital	1,247	986.85	1,156	1,261	1,391	1,124
Book Value Per Share	5.15	4.75	5.61	5.62	5.33	4.89
Tangible Book Value	1,643	1,214	1,293	1,309	1,186	1,088
Tangible Book Value Per Share	4.76	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