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	1,021	1,333	1,483	1,661	2,437
Trading Asset Securities	397.81	160.26	-	-	-
Cash & Short-Term Investments	1,418	1,493	1,483	1,661	2,437
Cash Growth	-5.01%	0.72%	-10.76%	-31.84%	-3.88%
Accounts Receivable	602.59	805.43	1,094	1,366	927.02
Other Receivables	7.57	10.67	1.58	0.22	2.28
Receivables	610.16	816.1	1,095	1,366	929.3
Inventory	465.11	757.34	727.69	738.34	632.31
Other Current Assets	95.49	91.33	119.24	135.64	66.91
Total Current Assets	2,589	3,158	3,425	3,901	4,066
Property, Plant & Equipment	2,002	1,999	1,960	1,671	1,302
Long-Term Investments	150.3	33.1	15.75	-	-
Other Intangible Assets	163.99	175.01	174.32	174.68	181.14
Long-Term Deferred Tax Assets	4.84	30.32	20.39	17.82	12.35
Long-Term Deferred Charges	283.61	293.89	270.65	194.9	97.87
Other Long-Term Assets	6.03	48.57	45.5	49.34	67.81
Total Assets	5,200	5,738	5,911	6,009	5,727
Accounts Payable	605.12	559.34	592.05	711.18	771.73
Accrued Expenses	61.75	556.47	891.65	725.52	655.5
Short-Term Debt	55.15	112.97	351.77	228.35	9.01
Current Portion of Long-Term Debt	471.67	51.67	16.84	-	-
Current Portion of Leases	-	9.23	10.34	9.68	4.77
Current Income Taxes Payable	49.1	0.51	16.41	1.02	57.03
Current Unearned Revenue	21.81	44.54	29.68	57.09	40.03
Other Current Liabilities	412.7	170.77	227.89	166.51	144.13
Total Current Liabilities	1,677	1,506	2,137	1,899	1,682
Long-Term Debt	77.51	516.97	54.57	-	-
Long-Term Leases	3.81	14.46	29.38	39.72	23.77
Long-Term Unearned Revenue	123.64	116.21	93.05	72.32	93.7
Long-Term Deferred Tax Liabilities	7.09	-	-	-	-
Total Liabilities	1,889	2,153	2,314	2,011	1,800
Common Stock	450	450	450	450	450
Additional Paid-In Capital	2,645	2,645	2,645	2,681	2,645
Retained Earnings	320.08	582.47	547.65	857.86	828.56
Treasury Stock	-100.02	-100.02	-54.99	-	-
Comprehensive Income & Other	-0.03	-	-	-	-
Total Common Equity	3,315	3,578	3,588	3,989	3,924
Minority Interest	-5	7.33	9.8	8.09	3.38
Shareholders' Equity	3,310	3,585	3,598	3,997	3,927
Total Liabilities & Equity	5,200	5,738	5,911	6,009	5,727
Total Debt	608.15	705.31	462.91	277.75	37.55
Net Cash (Debt)	810.26	787.86	1,020	1,384	2,400
Net Cash Growth	2.84%	-22.73%	-26.31%	-42.34%	2.81%
Net Cash Per Share	1.82	1.78	2.26	3.05	5.32
Filing Date Shares Outstanding	433.66	444.48	447.18	450	450
Total Common Shares Outstanding	433.66	444.48	447.18	450	450
Working Capital	911.87	1,652	1,288	2,002	2,384
Book Value Per Share	7.64	8.05	8.02	8.87	8.72
Tangible Book Value	3,151	3,403	3,414	3,815	3,743
Tangible Book Value Per Share	7.27	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.