SHA:688677 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	Jun '26 Jun 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	538.16	587.76	523.89	592.32	636.15	723.08
Trading Asset Securities	42.79	43.57	-	38.45	-	-
Cash & Short-Term Investments	580.95	631.33	523.89	630.76	636.15	723.08
Cash Growth	3.51%	20.51%	-16.94%	-0.85%	-12.02%	773.14%
Accounts Receivable	114.39	119.29	130.44	94.03	126.73	65.23
Other Receivables	1.29	1.2	1.1	1.09	0.39	0.61
Receivables	115.68	120.49	131.54	95.11	127.12	65.84
Inventory	273.02	260.38	186.51	170.83	138.01	66.14
Prepaid Expenses	0.63	-	-	-	-	-
Other Current Assets	22.85	20.11	9.35	8.22	17.07	6.23
Total Current Assets	993.13	1,032	851.29	904.92	918.35	861.29
Property, Plant & Equipment	492.66	480.96	477.45	413.69	400.67	240.29
Long-Term Investments	97.4	66.19	74.86	23.61	30.03	0.29
Goodwill	3.61	3.61	3.61	-	-	-
Other Intangible Assets	28.72	28.77	29.37	30.58	30.74	31.42
Long-Term Deferred Tax Assets	23.04	17.41	18.74	18.77	11.44	8.15
Long-Term Deferred Charges	3.31	3.85	3.91	2.51	-	-
Other Long-Term Assets	8.34	1.63	0.86	0.76	2.3	40.35
Total Assets	1,650	1,635	1,460	1,395	1,394	1,182

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	78.62	79.67	53.79	39.96	60.2	28.9
Accrued Expenses	15.29	27.3	21.02	19.81	19.14	15.01
Short-Term Debt	120.06	70.04	-	-	-	-
Current Portion of Long-Term Debt	12.16	13.14	29.9	-	16.51	2.91
Current Portion of Leases	0.25	1.51	2.36	2.29	0.79	0.55
Current Income Taxes Payable	14.44	18.62	7.3	8.16	19.09	6.04
Current Unearned Revenue	6.01	5.98	13.03	2.49	14.69	13.68
Other Current Liabilities	9.05	3.13	11.11	12.7	36.85	0.91
Total Current Liabilities	255.88	219.39	138.51	85.41	167.27	68.01
Long-Term Debt	47.05	58.73	-	-	-	16.51
Long-Term Leases	-	-	1.45	3.64	1.91	2.53
Long-Term Unearned Revenue	12.82	11.52	14.28	13.01	1.87	-
Long-Term Deferred Tax Liabilities	0.29	0.29	0.4	0.04	-	-
Total Liabilities	316.04	289.92	154.64	102.1	171.05	87.04

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	119.88	119.88	120.61	121.64	86.98	86.98
Additional Paid-In Capital	570.23	564.8	588.81	655.82	691.54	681.27
Retained Earnings	721.85	716.52	617.03	548.02	471.63	324.72
Treasury Stock	-59	-52.58	-26.11	-34.32	-30.11	-
Comprehensive Income & Other	-13.94	-1.57	3.15	1.42	-0.79	-1.97
Total Common Equity	1,339	1,347	1,303	1,293	1,219	1,091
Minority Interest	-4.85	-2.23	1.96	0.15	3.24	3.74
Shareholders' Equity	1,334	1,345	1,305	1,293	1,222	1,095
Total Liabilities & Equity	1,650	1,635	1,460	1,395	1,394	1,182

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	179.52	143.41	33.71	5.93	19.21	22.5
Net Cash (Debt)	401.43	487.92	490.18	624.83	616.94	700.58
Net Cash Growth	-5.25%	-0.46%	-21.55%	1.28%	-11.94%	1997.96%
Net Cash Per Share	3.40	4.11	4.06	5.15	5.07	5.99
Filing Date Shares Outstanding	119.15	118.29	119.04	120.43	121.77	121.77
Total Common Shares Outstanding	119.15	118.29	119.88	121.64	121.77	121.77
Working Capital	737.24	812.92	712.78	819.52	751.08	793.28
Book Value Per Share	11.24	11.39	10.87	10.63	10.01	8.96
Tangible Book Value	1,307	1,315	1,271	1,262	1,189	1,060
Tangible Book Value Per Share	10.97	11.11	10.60	10.38	9.76	8.70
Land	21.98	11.44	11.7	5.16	5.08	-
Buildings	366.43	365.45	360.67	304.14	299.09	104.14
Machinery	251.55	240.67	207.26	170.69	153.44	80.85
Construction In Progress	10.6	3.98	5.21	15	7.01	107.73