SHA:688591 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	1,321	1,211	1,713	1,955	478.05	470.75
Trading Asset Securities	543.81	791.95	179.33	-	-	-
Cash & Short-Term Investments	1,865	2,003	1,893	1,955	478.05	470.75
Cash Growth	-1.74%	5.81%	-3.18%	308.96%	1.55%	-5.25%
Accounts Receivable	199.84	205.27	213.3	185.37	154.7	122.48
Other Receivables	0.25	2.1	6.71	2.02	2.16	10.31
Receivables	200.09	207.37	220.01	187.39	156.86	132.79
Inventory	199.35	170.3	137.16	153.48	246.58	229.61
Other Current Assets	46.82	36.24	12.9	30.75	34.77	43.82
Total Current Assets	2,311	2,417	2,263	2,327	916.26	876.97
Property, Plant & Equipment	95.99	96.2	87.59	30.95	26.39	24.42
Long-Term Investments	10.22	10.22	49.29	-	-	12.75
Other Intangible Assets	47.42	35.45	26.86	20.48	31.32	41.26
Long-Term Deferred Tax Assets	16.07	14.82	12.24	6.31	6.69	3.05
Long-Term Deferred Charges	1.97	1.56	1.81	0.27	0.18	0.39
Other Long-Term Assets	116.77	39.04	48.69	45.21	12.74	6.49
Total Assets	2,600	2,614	2,489	2,430	993.57	965.32
Accounts Payable	28.47	30.45	32.23	15.41	11.4	16.39
Accrued Expenses	21.19	76.75	60.57	50.56	26.96	32.31
Short-Term Debt	-	-	0.04	0.04	0.08	0
Current Portion of Leases	17.28	10.66	8.64	3.12	3.42	2.81
Current Income Taxes Payable	5.8	0.6	0.05	0.03	2.29	2.83
Current Unearned Revenue	10.94	7.13	6.81	3.55	7.83	11.72
Other Current Liabilities	29.34	22.36	9.52	9.09	4.75	11.57
Total Current Liabilities	113.02	147.96	117.87	81.81	56.72	77.64
Long-Term Leases	15.28	15.52	23.34	2.74	2.05	0.79
Long-Term Unearned Revenue	9.97	9.19	5	3.96	6.64	10.34
Pension & Post-Retirement Benefits	5.5	6.01	0.18	-	-	-
Long-Term Deferred Tax Liabilities	0.01	0.02	0	0	0.02	-
Other Long-Term Liabilities	0.55	0.56	-	-	-	-
Total Liabilities	144.34	179.26	146.39	88.52	65.43	88.77
Common Stock	240.74	240.74	240	240	180	180
Additional Paid-In Capital	2,076	2,062	2,010	1,996	694.45	689.81
Retained Earnings	283.13	274.84	196.04	116.02	66.25	16.47
Treasury Stock	-92.96	-92.96	-92.96	-	-	-
Comprehensive Income & Other	-51.06	-50.26	-10.35	-10.92	-12.56	-9.73
Shareholders' Equity	2,455	2,435	2,343	2,341	928.14	876.55
Total Liabilities & Equity	2,600	2,614	2,489	2,430	993.57	965.32
Total Debt	32.56	26.18	32.02	5.91	5.54	3.61
Net Cash (Debt)	1,832	1,977	1,861	1,949	472.51	467.14
Net Cash Growth	-1.93%	6.22%	-4.53%	312.51%	1.15%	-5.97%
Net Cash Per Share	7.34	8.23	7.83	9.79	2.66	2.60
Filing Date Shares Outstanding	236.5	236.5	235.76	238.24	180	180
Total Common Shares Outstanding	236.5	236.5	235.76	240	180	180
Working Capital	2,198	2,269	2,145	2,245	859.53	799.33
Book Value Per Share	10.38	10.29	9.94	9.76	5.16	4.87
Tangible Book Value	2,408	2,399	2,316	2,321	896.82	835.29
Tangible Book Value Per Share	10.18	10.14	9.82	9.67	4.98	4.64
Machinery	-	122.44	93.02	54.73	45.62	38.29

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