SHA:688607 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	195.18	213.41	271.91	242.17	198.25	355.51
Trading Asset Securities	30.22	30.04	124.91	362.68	425.02	341.53
Cash & Short-Term Investments	225.4	243.45	396.82	604.85	623.27	697.05
Cash Growth	-36.44%	-38.65%	-34.39%	-2.96%	-10.58%	176.04%
Accounts Receivable	112.62	116.13	112.73	88.47	55.1	73.33
Other Receivables	5.64	1.97	2.11	2.93	4.43	4.92
Receivables	118.26	118.11	114.84	91.4	59.53	78.25
Inventory	151.89	151.75	85.97	96.93	122.98	99.43
Other Current Assets	20.98	18.87	10.22	5.65	6.36	3.88
Total Current Assets	516.53	532.17	607.84	798.83	812.13	878.61
Property, Plant & Equipment	230.66	230.91	189.36	100.14	46.24	12.68
Long-Term Investments	182.59	182.33	143.25	28.85	23.55	24.56
Other Intangible Assets	5.89	5.18	3.39	3.79	7.02	10.82
Long-Term Deferred Tax Assets	12.78	13.05	10.5	10.13	10.61	6.85
Long-Term Deferred Charges	13.21	14.27	12.61	3.68	3.9	4.29
Other Long-Term Assets	-	-	-	1.89	0.14	3.25
Total Assets	961.66	977.93	966.95	947.3	903.59	941.07
Accounts Payable	48.14	57.17	62.4	55	28.76	21.81
Accrued Expenses	6.57	10.75	13.09	10.95	9.31	13.65
Short-Term Debt	42.34	32.34	2.59	8.12	4.88	22.1
Current Portion of Long-Term Debt	3.14	3.37	-	-	-	-
Current Portion of Leases	-	-	4.35	3.24	3.01	0.91
Current Income Taxes Payable	0.92	1.52	0.46	0.01	0.34	0.03
Current Unearned Revenue	4.41	4.28	4.07	3.5	2.23	5.28
Other Current Liabilities	5.31	2.02	1.94	1.32	2.89	0.86
Total Current Liabilities	110.82	111.44	88.9	82.13	51.41	64.64
Long-Term Leases	6.93	6.77	9.24	2.01	2.2	0.36
Long-Term Unearned Revenue	1.62	1.52	0.81	-	-	0.12
Long-Term Deferred Tax Liabilities	2.73	2.77	2.63	2.34	3.03	2.32
Other Long-Term Liabilities	1.66	2.02	2.86	2.76	2.77	2.72
Total Liabilities	123.76	124.52	104.44	89.24	59.42	70.16
Common Stock	88.13	88.13	88.13	88.13	88.13	88.13
Additional Paid-In Capital	553.29	549.33	549.43	548.88	548.75	548.75
Retained Earnings	203.78	219.98	231.98	219.05	203.64	234.8
Treasury Stock	-10	-10	-10	-	-	-
Comprehensive Income & Other	4.29	6.78	3	2.07	3.7	-0.78
Total Common Equity	839.49	854.21	862.54	858.12	844.22	870.9
Minority Interest	-1.58	-0.8	-0.03	-0.06	-0.05	-0
Shareholders' Equity	837.91	853.41	862.51	858.07	844.17	870.9
Total Liabilities & Equity	961.66	977.93	966.95	947.3	903.59	941.07
Total Debt	52.41	42.48	16.18	13.36	10.09	23.36
Net Cash (Debt)	172.99	200.97	380.64	591.49	613.18	673.69
Net Cash Growth	-49.27%	-47.20%	-35.65%	-3.54%	-8.98%	171.71%
Net Cash Per Share	2.06	2.41	4.31	6.52	6.53	7.84
Filing Date Shares Outstanding	85.29	-	87.39	88.13	88.13	88.13
Total Common Shares Outstanding	85.29	-	87.39	88.13	88.13	88.13
Working Capital	405.72	420.73	518.94	716.7	760.72	813.97
Book Value Per Share	9.84	-	9.87	9.74	9.58	9.88
Tangible Book Value	833.6	849.03	859.15	854.33	837.2	860.08
Tangible Book Value Per Share	9.77	-	9.83	9.69	9.50	9.76
Machinery	-	-	36.13	33.03	31.69	26.02
Construction In Progress	-	-	166.31	86.47	31.02	4.4

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