SHA:688659 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	-	84.31	77.7	76.37	72.33
Short-Term Investments	-	-	32.23	31.15	65.16
Trading Asset Securities	-	55.07	21.1	15.07	63.18
Cash & Short-Term Investments	133.1	139.38	131.03	122.6	200.66
Cash Growth	-4.50%	6.37%	6.88%	-38.90%	369.25%
Accounts Receivable	-	413.74	416.38	426.21	365.85
Other Receivables	-	24.91	15.62	11.78	8.16
Receivables	-	438.65	431.99	437.99	374.01
Inventory	-	102.55	103.66	107.7	136.02
Prepaid Expenses	-	-	0.16	2.63	0.23
Other Current Assets	-	17.23	12.03	20.11	16.97
Total Current Assets	-	697.81	678.87	691.03	727.89
Property, Plant & Equipment	-	419.65	483.77	434.31	277.1
Long-Term Investments	-	52.59	51.34	51.73	17.03
Other Intangible Assets	-	42.29	40.92	38.1	4.5
Long-Term Accounts Receivable	-	22.08	16.25	3.95	-
Long-Term Deferred Tax Assets	-	21.97	24.01	17.1	13.87
Long-Term Deferred Charges	-	1.57	2.51	0.52	1.03
Other Long-Term Assets	-	6.96	22.46	37.07	18.44
Total Assets	-	1,265	1,320	1,274	1,060
Accounts Payable	-	215.89	191.57	186.26	220.97
Accrued Expenses	-	35.58	25.54	15.2	14.83
Short-Term Debt	-	218.06	244.75	235.31	30.29
Current Portion of Long-Term Debt	-	37.14	10.1	7.87	3.15
Current Portion of Leases	-	41.06	32.12	14.99	3.71
Current Income Taxes Payable	-	-	-	-	3.3
Current Unearned Revenue	-	29.4	21.42	23.89	17.33
Other Current Liabilities	-	47.15	62.3	57.95	59.69
Total Current Liabilities	-	624.27	587.81	541.47	353.26
Long-Term Debt	-	51.96	81.8	49.88	4.69
Long-Term Leases	-	14.53	9.14	12.82	1.04
Long-Term Unearned Revenue	-	22.23	24.91	26.79	41.92
Long-Term Deferred Tax Liabilities	-	-	-	-	2.49
Other Long-Term Liabilities	-	2.19	1.88	-	-
Total Liabilities	-	715.19	705.54	630.97	403.39
Common Stock	-	160	160	160	160
Additional Paid-In Capital	-	251.03	248.42	251.12	248.42
Retained Earnings	-	146.4	207.26	232.64	248.05
Treasury Stock	-	-8	-	-	-
Comprehensive Income & Other	-	0.28	-1.09	-0.92	-
Shareholders' Equity	536.58	549.71	614.59	642.84	656.47
Total Liabilities & Equity	-	1,265	1,320	1,274	1,060
Total Debt	356.03	362.75	377.92	320.88	42.87
Net Cash (Debt)	-222.92	-223.38	-246.88	-198.28	157.79
Net Cash Per Share	-1.40	-1.39	-1.56	-1.28	1.05
Filing Date Shares Outstanding	88.76	158.72	160	160	160
Total Common Shares Outstanding	155.1	158.72	160	160	160
Working Capital	-	73.54	91.06	149.56	374.63
Book Value Per Share	3.46	3.46	3.84	4.02	4.10
Tangible Book Value	496.38	507.43	573.67	604.74	651.97
Tangible Book Value Per Share	3.20	3.20	3.59	3.78	4.07
Buildings	-	206.06	220.75	160.1	64.92
Machinery	-	288.66	303.46	266.14	236.58
Construction In Progress	-	69.31	87.64	108.42	55.62

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