SHA:688601 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	146.47	305.4	416.19	936.91	795.93	351.7
Short-Term Investments	-	-	43.8	-	-	-
Trading Asset Securities	517.56	459.88	403.71	30.14	20.06	351.83
Cash & Short-Term Investments	664.03	765.28	863.7	967.05	815.99	703.53
Cash Growth	-18.59%	-11.40%	-10.69%	18.51%	15.98%	327.25%
Accounts Receivable	211.66	221.8	218.84	224.92	157.07	209.34
Other Receivables	6.97	6.9	4.38	7.68	12.4	3.03
Receivables	218.63	228.7	223.22	232.6	169.47	212.36
Inventory	228.99	175.96	146.69	182.21	179.21	128.02
Prepaid Expenses	-	-	0.02	-	-	-
Other Current Assets	17.89	11.99	14.16	6.63	37.69	26.2
Total Current Assets	1,130	1,182	1,248	1,388	1,202	1,070
Property, Plant & Equipment	36.3	33.04	29.3	21.18	18.54	19.19
Long-Term Investments	250.18	193.54	149.03	31.48	7.76	2.98
Goodwill	8.35	8.35	8.35	8.35	8.35	11.43
Other Intangible Assets	8.66	8.41	12.25	5.39	6.61	9.88
Long-Term Deferred Tax Assets	46.58	30.96	9.05	6.54	8.17	2.79
Long-Term Deferred Charges	2.69	2.65	0.75	0.52	0.87	-
Other Long-Term Assets	0.24	7.91	0.95	4.91	0.28	0.94
Total Assets	1,483	1,467	1,457	1,467	1,253	1,117

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	112.08	88.81	57.6	92.91	56.82	98.95
Accrued Expenses	20.06	27.25	29.66	22.65	18.87	16.24
Short-Term Debt	18.01	18.51	16.81	10.04	20.02	-
Current Portion of Leases	2.77	2.78	1.02	0.95	0.81	1.05
Current Income Taxes Payable	0.35	0.13	0.25	2.05	-	3.45
Current Unearned Revenue	1.84	1.42	1.95	4.3	2.23	1.98
Other Current Liabilities	5.26	5.75	11.15	2.75	4.5	16.69
Total Current Liabilities	160.38	144.64	118.45	135.65	103.25	138.37
Long-Term Leases	2.64	3.05	0.89	0.6	0.54	0.72
Long-Term Unearned Revenue	3.01	2.42	3.22	5.11	0.5	0.12
Long-Term Deferred Tax Liabilities	0.01	0.05	0.21	0.19	0.29	0.6
Total Liabilities	166.04	150.17	122.77	141.55	104.58	139.8

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	133.69	133.69	133.69	133.69	89.6	64
Additional Paid-In Capital	561.22	558.76	558.76	558.76	598.89	590.3
Retained Earnings	593.59	597.6	613.62	567.98	412.27	317.64
Treasury Stock	-40.19	-40.19	-40.19	-	-	-
Comprehensive Income & Other	-1.56	-0.75	-0.67	-0.1	-	-
Total Common Equity	1,247	1,249	1,265	1,260	1,101	971.93
Minority Interest	69.76	67.52	69.51	64.97	47.61	5.59
Shareholders' Equity	1,316	1,317	1,335	1,325	1,148	977.52
Total Liabilities & Equity	1,483	1,467	1,457	1,467	1,253	1,117

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	23.42	24.34	18.73	11.59	21.37	1.77
Net Cash (Debt)	640.61	740.94	844.98	955.46	794.62	701.76
Net Cash Growth	-19.50%	-12.31%	-11.56%	20.24%	13.23%	328.78%
Net Cash Per Share	4.94	5.59	6.31	7.15	5.93	6.00
Filing Date Shares Outstanding	132.76	132.76	132.76	133.69	133.5	133.5
Total Common Shares Outstanding	132.76	132.76	132.76	133.69	133.5	133.5
Working Capital	969.16	1,037	1,129	1,253	1,099	931.74
Book Value Per Share	9.39	9.41	9.53	9.43	8.25	7.28
Tangible Book Value	1,230	1,232	1,245	1,247	1,086	950.62
Tangible Book Value Per Share	9.26	9.28	9.37	9.32	8.13	7.12
Buildings	24.44	24.44	24.44	14.39	13.59	13.59
Machinery	64.84	58.11	51.34	45.55	38.39	32.17
Construction In Progress	-	-	-	-	-	0.24