SHA:688597 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	242.48	380.42	504.34	840.69	453.56	321.88
Trading Asset Securities	351.13	267.07	239.04	-	91.81	169.21
Cash & Short-Term Investments	593.61	647.49	743.37	840.69	545.37	491.09
Cash Growth	-18.53%	-12.90%	-11.58%	54.15%	11.05%	87.62%
Accounts Receivable	458.84	539.78	363.84	255.37	339.25	243.81
Other Receivables	13.52	8.51	9.12	7.28	4.6	5.62
Receivables	472.35	548.29	372.96	262.66	343.85	249.43
Inventory	174.08	150.7	111.77	65.08	58.92	42.46
Other Current Assets	60.42	65.13	41.41	38.36	23.75	36.49
Total Current Assets	1,300	1,412	1,270	1,207	971.89	819.46
Property, Plant & Equipment	414.07	402.83	348.63	338.76	332.49	206.91
Long-Term Investments	60.85	82.08	69.05	122.16	68.31	60.21
Other Intangible Assets	22.88	23.09	22.94	22.97	23.65	24.32
Long-Term Accounts Receivable	-	-	41.13	13.53	14.91	12.62
Long-Term Deferred Tax Assets	58.7	53.13	41.14	31.37	6.86	6.75
Long-Term Deferred Charges	42.89	45.12	33.58	33.38	0.49	0.53
Other Long-Term Assets	50.37	57.84	12.95	20.41	-	-
Total Assets	1,950	2,076	1,839	1,789	1,419	1,131
Accounts Payable	437.74	478.53	334.33	219.49	262.45	171.32
Accrued Expenses	23.1	23.37	55.25	38.48	39.72	34.45
Short-Term Debt	20	20	-	-	-	-
Current Portion of Long-Term Debt	11.26	12.69	-	-	20.11	4.25
Current Portion of Leases	-	-	7.45	9.89	9.24	7.11
Current Income Taxes Payable	2.39	14.38	30.08	31.86	21.55	1.26
Current Unearned Revenue	45.11	88.85	77.95	32.01	31.19	19.52
Other Current Liabilities	36.32	47.19	23.55	14.6	23.97	21.84
Total Current Liabilities	575.92	685.03	528.6	346.32	408.24	259.76
Long-Term Debt	411.89	383.78	361.54	348.27	60	80
Long-Term Leases	66.29	66.67	64.09	73.99	81.67	6.82
Long-Term Deferred Tax Liabilities	12.93	16.98	13.05	22.46	2.83	1.71
Total Liabilities	1,067	1,152	967.28	791.04	552.73	348.29
Common Stock	336.06	336.06	247.1	247.06	176.47	176.47
Additional Paid-In Capital	201.32	200.3	307.58	311.3	379.42	372.97
Retained Earnings	424.89	447.34	406.43	306.54	292.72	224.4
Treasury Stock	-179.7	-179.7	-179.7	-	-	-
Comprehensive Income & Other	75.44	93.4	83.27	127.17	17.26	8.68
Total Common Equity	858.01	897.4	864.68	992.06	865.87	782.52
Minority Interest	25.19	25.84	6.98	6.27	-	-
Shareholders' Equity	883.21	923.24	871.65	998.33	865.87	782.52
Total Liabilities & Equity	1,950	2,076	1,839	1,789	1,419	1,131
Total Debt	509.44	483.14	433.07	432.15	171.02	98.19
Net Cash (Debt)	84.18	164.35	310.3	408.54	374.35	392.9
Net Cash Growth	-69.86%	-47.04%	-24.05%	9.13%	-4.72%	121.36%
Net Cash Per Share	0.22	0.48	0.92	1.32	1.08	1.32
Filing Date Shares Outstanding	320.62	583.12	311.35	345.89	345.89	345.89
Total Common Shares Outstanding	320.62	583.12	311.35	345.89	345.89	345.89
Working Capital	724.56	726.57	740.91	860.46	563.65	559.71
Book Value Per Share	2.68	1.54	2.78	2.87	2.50	2.26
Tangible Book Value	835.13	874.3	841.74	969.09	842.23	758.2
Tangible Book Value Per Share	2.60	1.50	2.70	2.80	2.43	2.19
Buildings	-	-	255.59	225.41	176.4	176.4
Machinery	-	-	97.99	73.13	63.6	55.52
Construction In Progress	-	-	0.99	20.87	51.53	-
Order Backlog	-	-	803	-	-	-

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.