SHA:688622 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	51.63	192.15	261.67	340.15
Cash & Short-Term Investments	45.29	51.63	192.15	261.67	340.15
Cash Growth	-12.28%	-73.13%	-26.57%	-23.07%	100.60%
Accounts Receivable	-	116.37	149.43	119.7	125.14
Other Receivables	-	15.48	10.98	9.08	21.16
Receivables	-	131.85	160.41	128.79	146.3
Inventory	-	131.16	174.25	164.37	136.68
Prepaid Expenses	-	-	-	0.51	0.04
Other Current Assets	-	10.42	28.63	40.39	27.61
Total Current Assets	-	325.06	555.44	595.72	650.79
Property, Plant & Equipment	-	413.44	391.02	239.28	215.48
Long-Term Investments	-	36.71	36.54	38.05	2.24
Other Intangible Assets	-	56.4	58.46	57.53	53.37
Long-Term Accounts Receivable	-	3.11	2.32	0.98	0.81
Long-Term Deferred Tax Assets	-	41.82	35.17	17.82	4.39
Long-Term Deferred Charges	-	0.1	0.33	1.35	1.49
Other Long-Term Assets	-	0.47	1.84	21.11	2.83
Total Assets	-	877.11	1,081	971.85	931.4
Accounts Payable	-	106.38	172.84	49.26	64.24
Accrued Expenses	-	16.95	27.44	29.44	40.75
Short-Term Debt	-	108.46	191.98	184.64	73.01
Current Portion of Long-Term Debt	-	3.39	28.18	4.57	7.79
Current Portion of Leases	-	-	0.93	1.54	2.17
Current Income Taxes Payable	-	-	-	4.15	7.35
Current Unearned Revenue	-	34.17	58.38	76.7	53.05
Other Current Liabilities	-	15.22	16.22	13.17	6.5
Total Current Liabilities	-	284.57	495.97	363.47	254.86
Long-Term Debt	-	162.96	104.71	53.89	35
Long-Term Leases	-	-	0.13	0.41	1.92
Long-Term Unearned Revenue	-	62.09	54.54	39.66	40.13
Long-Term Deferred Tax Liabilities	-	0.39	0.47	-	-
Other Long-Term Liabilities	-	4.98	7.64	3.77	6.21
Total Liabilities	-	514.99	663.45	461.21	338.11
Common Stock	-	70	70	70	70
Additional Paid-In Capital	-	278.25	275.88	274.73	274.1
Retained Earnings	-	43.7	89.69	185.8	261.03
Comprehensive Income & Other	-	-7.67	-0.32	-	-
Total Common Equity	366.61	384.28	435.26	530.53	605.12
Minority Interest	-	-22.16	-17.57	-19.89	-11.84
Shareholders' Equity	343.82	362.12	417.69	510.64	593.28
Total Liabilities & Equity	-	877.11	1,081	971.85	931.4
Total Debt	268.95	274.81	325.93	245.04	119.89
Net Cash (Debt)	-223.66	-223.18	-133.78	16.63	220.26
Net Cash Growth	-	-	-	-92.45%	204.41%
Net Cash Per Share	-3.19	-3.20	-1.91	0.24	3.87
Filing Date Shares Outstanding	71.84	70	70	70	70
Total Common Shares Outstanding	70.47	70	70	70	70
Working Capital	-	40.49	59.47	232.25	395.93
Book Value Per Share	5.20	5.49	6.22	7.58	8.64
Tangible Book Value	312.14	327.88	376.79	473	551.75
Tangible Book Value Per Share	4.43	4.68	5.38	6.76	7.88
Buildings	-	221.6	148.88	119	128.28
Machinery	-	129.4	141.62	134.95	107.45
Construction In Progress	-	153.28	176.39	38.84	13.18

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