SHA:688636 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	35.23	235.42	57.99	107.25	117.64	169.36
Trading Asset Securities	137	-	-	-	-	90
Cash & Short-Term Investments	172.23	235.42	57.99	107.25	117.64	259.36
Cash Growth	42.64%	305.98%	-45.93%	-8.84%	-54.64%	222.99%
Accounts Receivable	1,170	1,178	834.2	822.84	640.5	428.68
Other Receivables	0.79	0.39	0.91	7.42	1.79	1.52
Receivables	1,171	1,178	835.1	830.26	642.29	430.2
Inventory	278.71	245.06	229.25	223.97	335.04	238.48
Other Current Assets	2.36	17.71	2.87	2.78	27.08	8.13
Total Current Assets	1,624	1,676	1,125	1,164	1,122	936.17
Property, Plant & Equipment	271.65	275.9	288.39	180.12	197.07	168.43
Long-Term Investments	104.51	94.82	86.6	92.82	163.57	174.51
Other Intangible Assets	6.32	6.56	7.3	5.45	5.56	4.81
Long-Term Deferred Tax Assets	26.21	26.93	21.24	17.34	16.01	12.53
Long-Term Deferred Charges	-	-	0.06	1.03	2.03	2.89
Other Long-Term Assets	0.06	0.06	0.07	72.62	1.2	0.91
Total Assets	2,033	2,081	1,529	1,534	1,507	1,300
Accounts Payable	393.21	404.89	262.86	226.74	295.46	232.39
Accrued Expenses	7.05	37.51	30.62	34.46	29.33	27.91
Short-Term Debt	175.1	199.95	45	43.73	47.54	-
Current Portion of Long-Term Debt	0.46	-	36	6	-	1
Current Portion of Leases	-	0.45	0.08	2.08	2.79	2.12
Current Income Taxes Payable	3.1	0.77	-	2.13	-	3.69
Current Unearned Revenue	1.34	3.49	13.6	9.34	0.26	0.39
Other Current Liabilities	1.75	0.91	3.46	6.98	118.3	125.23
Total Current Liabilities	582.01	647.98	391.63	331.47	493.69	392.72
Long-Term Debt	-	-	8	89	10	-
Long-Term Leases	0.4	0.4	-	0.77	1.56	1.28
Long-Term Unearned Revenue	5.27	5.31	3.7	4.53	1.81	1.68
Long-Term Deferred Tax Liabilities	2.07	2.17	1.58	2.45	2.94	-
Other Long-Term Liabilities	26.95	26.73	19.42	19.06	15.18	17.97
Total Liabilities	616.7	682.58	424.33	447.28	525.19	413.65
Common Stock	173.91	173.91	112.56	75.24	50.5	50.34
Additional Paid-In Capital	654.65	654.29	510.7	536.39	553.06	529.47
Retained Earnings	569.05	551.21	464.99	461.3	365.03	302.37
Treasury Stock	-	-	-0.93	-4.43	-4.43	-11.58
Comprehensive Income & Other	16.76	16.82	17.21	17.85	18.15	16
Total Common Equity	1,414	1,396	1,105	1,086	982.3	886.6
Minority Interest	1.66	1.87	-	-	-	-
Shareholders' Equity	1,416	1,398	1,105	1,086	982.3	886.6
Total Liabilities & Equity	2,033	2,081	1,529	1,534	1,507	1,300
Total Debt	175.96	200.8	89.08	141.58	61.9	4.4
Net Cash (Debt)	-3.73	34.62	-31.09	-34.33	55.75	254.96
Net Cash Growth	-	-	-	-	-78.14%	1751.27%
Net Cash Per Share	-0.02	0.21	-0.19	-0.21	0.34	1.68
Filing Date Shares Outstanding	178.37	173.91	167.72	167.05	167.05	166.51
Total Common Shares Outstanding	178.37	173.91	167.72	167.05	167.05	166.51
Working Capital	1,042	1,028	733.58	832.79	628.36	543.45
Book Value Per Share	7.93	8.03	6.59	6.50	5.88	5.32
Tangible Book Value	1,408	1,390	1,097	1,081	976.74	881.79
Tangible Book Value Per Share	7.89	7.99	6.54	6.47	5.85	5.30
Buildings	-	292.09	292.31	163.82	163.28	10.13
Machinery	-	66.68	64.67	63.77	63.5	51.98
Construction In Progress	-	5.68	-	0.01	0.38	128.6
Order Backlog	-	417	-	-	-	-

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