SHA:688669 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	-	151.82	210.31	351.42	468.38
Trading Asset Securities	-	9.48	53.1	-	104.57
Cash & Short-Term Investments	184.29	161.3	263.41	351.42	572.95
Cash Growth	14.25%	-38.76%	-25.05%	-38.66%	235.70%
Accounts Receivable	-	1,158	1,215	1,117	946.56
Other Receivables	-	92.48	92.04	112.42	37.28
Receivables	-	1,251	1,307	1,229	983.84
Inventory	-	754.13	707.06	559.89	457.17
Other Current Assets	-	212.28	222.41	236.61	236.66
Total Current Assets	-	2,378	2,500	2,377	2,251
Property, Plant & Equipment	-	2,190	1,797	1,197	955.89
Long-Term Investments	-	37.09	30.9	29.05	15.4
Goodwill	-	56.77	73.62	85.59	85.59
Other Intangible Assets	-	227.27	266.43	210.04	107.19
Long-Term Accounts Receivable	-	6.98	2.5	2.5	2.86
Long-Term Deferred Tax Assets	-	33.56	50.55	35.31	10.51
Long-Term Deferred Charges	-	48.61	33.08	30.99	28.04
Other Long-Term Assets	-	130.79	140.34	126.55	129.61
Total Assets	-	5,109	4,894	4,095	3,586
Accounts Payable	-	886.32	842.86	725.94	502.02
Accrued Expenses	-	66.91	62.78	67.73	47.06
Short-Term Debt	-	798.1	727.84	806.31	688.95
Current Portion of Long-Term Debt	-	294.42	129.68	57.1	37.78
Current Portion of Leases	-	204.76	106.91	92.51	79.09
Current Income Taxes Payable	-	2.34	2.41	5.87	4.57
Current Unearned Revenue	-	79.7	43.29	71.94	58.42
Other Current Liabilities	-	266.57	290.81	178.12	200.77
Total Current Liabilities	-	2,599	2,207	2,006	1,619
Long-Term Debt	-	812.28	692.7	275.36	108.91
Long-Term Leases	-	189	194.97	61.44	89.64
Long-Term Unearned Revenue	-	11.22	13.25	9.5	9.4
Long-Term Deferred Tax Liabilities	-	7.42	27.65	18.05	8.99
Other Long-Term Liabilities	-	0.73	3.76	-	78.29
Total Liabilities	-	3,620	3,139	2,370	1,914
Common Stock	-	121.33	121.33	93.33	93.33
Additional Paid-In Capital	-	860.13	863.82	886.04	883.89
Retained Earnings	-	318.77	579.18	559.93	516.29
Comprehensive Income & Other	-	4.13	3.35	7.1	3.05
Total Common Equity	1,308	1,304	1,568	1,546	1,497
Minority Interest	-	184.91	187.79	178.42	175.28
Shareholders' Equity	1,503	1,489	1,755	1,725	1,672
Total Liabilities & Equity	-	5,109	4,894	4,095	3,586
Total Debt	2,390	2,299	1,852	1,293	1,004
Net Cash (Debt)	-2,205	-2,137	-1,589	-941.3	-431.41
Net Cash Per Share	-18.22	-17.65	-12.79	-7.79	-3.64
Filing Date Shares Outstanding	121.33	121.33	121.33	121.33	121.33
Total Common Shares Outstanding	121.33	121.33	121.33	121.33	121.33
Working Capital	-	-220.88	293.11	371.64	631.97
Book Value Per Share	10.78	10.75	12.92	12.75	12.33
Tangible Book Value	1,029	1,020	1,228	1,251	1,304
Tangible Book Value Per Share	8.48	8.41	10.12	10.31	10.75
Buildings	-	808.66	610.05	293.35	280.57
Machinery	-	1,242	1,032	857.67	733.65
Construction In Progress	-	636.76	496.91	302.12	74.8

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