SHA:688677 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	572.4	587.76	523.89	592.32	636.15	723.08
Trading Asset Securities	43.22	43.57	-	38.45	-	-
Cash & Short-Term Investments	615.62	631.33	523.89	630.76	636.15	723.08
Cash Growth	-0.80%	20.51%	-16.94%	-0.85%	-12.02%	773.14%
Accounts Receivable	117.16	119.29	130.44	94.03	126.73	65.23
Other Receivables	1.1	1.2	1.1	1.09	0.39	0.61
Receivables	118.26	120.49	131.54	95.11	127.12	65.84
Inventory	257.53	260.38	186.51	170.83	138.01	66.14
Other Current Assets	21.23	20.11	9.35	8.22	17.07	6.23
Total Current Assets	1,013	1,032	851.29	904.92	918.35	861.29
Property, Plant & Equipment	477.3	480.96	477.45	413.69	400.67	240.29
Long-Term Investments	79.24	66.19	74.86	23.61	30.03	0.29
Goodwill	3.61	3.61	3.61	-	-	-
Other Intangible Assets	28.45	28.77	29.37	30.58	30.74	31.42
Long-Term Deferred Tax Assets	18.3	17.41	18.74	18.77	11.44	8.15
Long-Term Deferred Charges	3.57	3.85	3.91	2.51	-	-
Other Long-Term Assets	2.19	1.63	0.86	0.76	2.3	40.35
Total Assets	1,625	1,635	1,460	1,395	1,394	1,182
Accounts Payable	71.68	79.67	53.79	39.96	60.2	28.9
Accrued Expenses	12.42	27.3	21.02	19.81	19.14	15.01
Short-Term Debt	60	70.04	-	-	-	-
Current Portion of Long-Term Debt	13.26	13.14	29.9	-	16.51	2.91
Current Portion of Leases	-	1.51	2.36	2.29	0.79	0.55
Current Income Taxes Payable	27.24	18.62	7.3	8.16	19.09	6.04
Current Unearned Revenue	6.22	5.98	13.03	2.49	14.69	13.68
Other Current Liabilities	4.98	3.13	11.11	12.7	36.85	0.91
Total Current Liabilities	195.8	219.39	138.51	85.41	167.27	68.01
Long-Term Debt	37.03	58.73	-	-	-	16.51
Long-Term Leases	-	-	1.45	3.64	1.91	2.53
Long-Term Unearned Revenue	11.1	11.52	14.28	13.01	1.87	-
Long-Term Deferred Tax Liabilities	0.29	0.29	0.4	0.04	-	-
Total Liabilities	244.22	289.92	154.64	102.1	171.05	87.04
Common Stock	119.88	119.88	120.61	121.64	86.98	86.98
Additional Paid-In Capital	567.5	564.8	588.81	655.82	691.54	681.27
Retained Earnings	763.72	716.52	617.03	548.02	471.63	324.72
Treasury Stock	-59	-52.58	-26.11	-34.32	-30.11	-
Comprehensive Income & Other	-7.69	-1.57	3.15	1.42	-0.79	-1.97
Total Common Equity	1,384	1,347	1,303	1,293	1,219	1,091
Minority Interest	-3.34	-2.23	1.96	0.15	3.24	3.74
Shareholders' Equity	1,381	1,345	1,305	1,293	1,222	1,095
Total Liabilities & Equity	1,625	1,635	1,460	1,395	1,394	1,182
Total Debt	110.29	143.41	33.71	5.93	19.21	22.5
Net Cash (Debt)	505.32	487.92	490.18	624.83	616.94	700.58
Net Cash Growth	-5.98%	-0.46%	-21.55%	1.28%	-11.94%	1997.96%
Net Cash Per Share	4.28	4.11	4.06	5.15	5.07	5.99
Filing Date Shares Outstanding	118	118.29	119.04	120.43	121.77	121.77
Total Common Shares Outstanding	118	118.29	119.88	121.64	121.77	121.77
Working Capital	816.83	812.92	712.78	819.52	751.08	793.28
Book Value Per Share	11.73	11.39	10.87	10.63	10.01	8.96
Tangible Book Value	1,352	1,315	1,271	1,262	1,189	1,060
Tangible Book Value Per Share	11.46	11.11	10.60	10.38	9.76	8.70
Land	-	11.44	11.7	5.16	5.08	-
Buildings	-	365.45	360.67	304.14	299.09	104.14
Machinery	-	240.67	207.26	170.69	153.44	80.85
Construction In Progress	-	3.98	5.21	15	7.01	107.73

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