SHA:688658 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	-	1,333	1,483	1,661	2,437
Trading Asset Securities	-	160.26	-	-	-
Cash & Short-Term Investments	1,354	1,493	1,483	1,661	2,437
Cash Growth	-9.30%	0.72%	-10.76%	-31.84%	-3.88%
Accounts Receivable	-	805.43	1,094	1,366	927.02
Other Receivables	-	10.67	1.58	0.22	2.28
Receivables	-	816.1	1,095	1,366	929.3
Inventory	-	757.34	727.69	738.34	632.31
Other Current Assets	-	91.33	119.24	135.64	66.91
Total Current Assets	-	3,158	3,425	3,901	4,066
Property, Plant & Equipment	-	1,999	1,960	1,671	1,302
Long-Term Investments	-	33.1	15.75	-	-
Other Intangible Assets	-	175.01	174.32	174.68	181.14
Long-Term Deferred Tax Assets	-	30.32	20.39	17.82	12.35
Long-Term Deferred Charges	-	293.89	270.65	194.9	97.87
Other Long-Term Assets	-	48.57	45.5	49.34	67.81
Total Assets	-	5,738	5,911	6,009	5,727
Accounts Payable	-	559.34	592.05	711.18	771.73
Accrued Expenses	-	556.47	891.65	725.52	655.5
Short-Term Debt	-	112.97	351.77	228.35	9.01
Current Portion of Long-Term Debt	-	51.67	16.84	-	-
Current Portion of Leases	-	9.23	10.34	9.68	4.77
Current Income Taxes Payable	-	0.51	16.41	1.02	57.03
Current Unearned Revenue	-	44.54	29.68	57.09	40.03
Other Current Liabilities	-	170.77	227.89	166.51	144.13
Total Current Liabilities	-	1,506	2,137	1,899	1,682
Long-Term Debt	-	516.97	54.57	-	-
Long-Term Leases	-	14.46	29.38	39.72	23.77
Long-Term Unearned Revenue	-	116.21	93.05	72.32	93.7
Total Liabilities	-	2,153	2,314	2,011	1,800
Common Stock	-	450	450	450	450
Additional Paid-In Capital	-	2,645	2,645	2,681	2,645
Retained Earnings	-	582.47	547.65	857.86	828.56
Treasury Stock	-	-100.02	-54.99	-	-
Total Common Equity	3,430	3,578	3,588	3,989	3,924
Minority Interest	-	7.33	9.8	8.09	3.38
Shareholders' Equity	3,430	3,585	3,598	3,997	3,927
Total Liabilities & Equity	-	5,738	5,911	6,009	5,727
Total Debt	669.32	705.31	462.91	277.75	37.55
Net Cash (Debt)	685	787.86	1,020	1,384	2,400
Net Cash Growth	-13.05%	-22.73%	-26.31%	-42.34%	2.81%
Net Cash Per Share	1.51	1.78	2.26	3.05	5.32
Filing Date Shares Outstanding	467.86	444.48	447.18	450	450
Total Common Shares Outstanding	444.48	444.48	447.18	450	450
Working Capital	-	1,652	1,288	2,002	2,384
Book Value Per Share	7.72	8.05	8.02	8.87	8.72
Tangible Book Value	3,264	3,403	3,414	3,815	3,743
Tangible Book Value Per Share	7.34	7.66	7.63	8.48	8.32
Buildings	-	1,417	1,314	1,127	1,135
Machinery	-	1,203	1,166	958.27	871.85
Construction In Progress	-	539.86	470.99	458.45	74.95

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.