SHA:688669 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	223.31	188.49	151.82	210.31	351.42	468.38
Trading Asset Securities	-	-	9.48	53.1	-	104.57
Cash & Short-Term Investments	223.31	188.49	161.3	263.41	351.42	572.95
Cash Growth	21.17%	16.86%	-38.76%	-25.05%	-38.66%	235.70%
Accounts Receivable	1,344	1,179	1,158	1,215	1,117	946.56
Other Receivables	198.58	103.7	92.48	92.04	112.42	37.28
Receivables	1,543	1,283	1,251	1,307	1,229	983.84
Inventory	732.31	707.2	754.13	707.06	559.89	457.17
Other Current Assets	329.14	220.31	212.28	222.41	236.61	236.66
Total Current Assets	2,827	2,399	2,378	2,500	2,377	2,251
Property, Plant & Equipment	1,812	2,176	2,190	1,797	1,197	955.89
Long-Term Investments	123.98	126.81	37.09	30.9	29.05	15.4
Goodwill	59.08	53.94	56.77	73.62	85.59	85.59
Other Intangible Assets	185.44	225.09	227.27	266.43	210.04	107.19
Long-Term Accounts Receivable	-	10.1	6.98	2.5	2.5	2.86
Long-Term Deferred Tax Assets	28.37	27.21	33.56	50.55	35.31	10.51
Long-Term Deferred Charges	36.84	40.18	48.61	33.08	30.99	28.04
Other Long-Term Assets	221.37	118.14	130.79	140.34	126.55	129.61
Total Assets	5,295	5,177	5,109	4,894	4,095	3,586

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	979.81	808.68	886.32	842.86	725.94	502.02
Accrued Expenses	56.88	82.7	66.91	62.78	67.73	47.06
Short-Term Debt	996.17	1,190	798.1	727.84	806.31	688.95
Current Portion of Long-Term Debt	342.69	351.43	294.42	129.68	57.1	37.78
Current Portion of Leases	-	152.28	204.76	106.91	92.51	79.09
Current Income Taxes Payable	59.49	2.64	2.34	2.41	5.87	4.57
Current Unearned Revenue	81.44	58.01	79.7	43.29	71.94	58.42
Other Current Liabilities	766.41	302.21	266.57	290.81	178.12	200.77
Total Current Liabilities	3,283	2,948	2,599	2,207	2,006	1,619
Long-Term Debt	765.23	730.15	812.28	692.7	275.36	108.91
Long-Term Leases	35.55	118.07	189	194.97	61.44	89.64
Long-Term Unearned Revenue	14.86	16.37	11.22	13.25	9.5	9.4
Long-Term Deferred Tax Liabilities	2.94	2.83	7.42	27.65	18.05	8.99
Other Long-Term Liabilities	1.56	0.73	0.73	3.76	-	78.29
Total Liabilities	4,103	3,816	3,620	3,139	2,370	1,914

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	121.33	121.33	121.33	121.33	93.33	93.33
Additional Paid-In Capital	865.43	-	-	863.82	886.04	883.89
Retained Earnings	11.1	163.89	318.77	579.18	559.93	516.29
Comprehensive Income & Other	0.81	861.62	864.26	3.35	7.1	3.05
Total Common Equity	998.67	1,147	1,304	1,568	1,546	1,497
Minority Interest	193.23	213.64	184.91	187.79	178.42	175.28
Shareholders' Equity	1,192	1,360	1,489	1,755	1,725	1,672
Total Liabilities & Equity	5,295	5,177	5,109	4,894	4,095	3,586

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	2,140	2,542	2,299	1,852	1,293	1,004
Net Cash (Debt)	-1,916	-2,353	-2,137	-1,589	-941.3	-431.41
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-15.28	-19.45	-17.65	-12.79	-7.79	-3.64
Filing Date Shares Outstanding	121.09	121.33	121.33	121.33	121.33	121.33
Total Common Shares Outstanding	121.09	121.33	121.33	121.33	121.33	121.33
Working Capital	-455.46	-549.26	-220.88	293.11	371.64	631.97
Book Value Per Share	8.25	9.45	10.75	12.92	12.75	12.33
Tangible Book Value	754.15	867.82	1,020	1,228	1,251	1,304
Tangible Book Value Per Share	6.23	7.15	8.41	10.12	10.31	10.75
Buildings	-	962.31	808.66	610.05	293.35	280.57
Machinery	-	1,431	1,242	1,032	857.67	733.65
Construction In Progress	-	433.48	636.76	496.91	302.12	74.8