SHA:688679 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	358.02	372.39	399.19	444.16	354.75
Trading Asset Securities	-	-	8	10.21	10
Cash & Short-Term Investments	358.02	372.39	407.19	454.36	364.75
Cash Growth	-3.86%	-8.55%	-10.38%	24.57%	-46.83%
Accounts Receivable	1,621	1,664	1,385	920.81	765.89
Other Receivables	23.88	46.02	24.83	55.87	36.71
Receivables	1,645	1,710	1,409	976.68	802.6
Inventory	35.91	73.96	64.19	65.41	68.94
Other Current Assets	78.15	38.3	37.73	23.75	35.82
Total Current Assets	2,117	2,195	1,919	1,520	1,272
Property, Plant & Equipment	336.43	379.8	404.13	366.62	321.36
Long-Term Investments	138.41	144.75	133.5	126.07	98.47
Other Intangible Assets	135.82	140.87	146.68	150.53	112.75
Long-Term Accounts Receivable	-	24.46	14.68	19.31	16.9
Long-Term Deferred Tax Assets	46.39	42.55	30.9	19.82	14.56
Long-Term Deferred Charges	7.84	10.41	5.08	4.09	4.72
Other Long-Term Assets	142.66	154.54	103.17	103.14	108.23
Total Assets	2,924	3,092	2,757	2,310	1,949
Accounts Payable	1,261	1,359	1,106	798.37	576.18
Accrued Expenses	36.18	91.17	65.44	63.36	50.68
Short-Term Debt	66.95	73.94	10.01	1	-
Current Portion of Long-Term Debt	142.03	76.41	35.52	63.35	28.28
Current Portion of Leases	-	0.61	1.61	0.86	1.56
Current Income Taxes Payable	56.24	11.61	12.77	12.18	11.3
Current Unearned Revenue	30.23	18.3	84.95	25.8	22.73
Other Current Liabilities	111.06	126.7	106.53	57.8	41.47
Total Current Liabilities	1,703	1,758	1,423	1,023	732.2
Long-Term Debt	79.48	157.07	172.83	147.38	110.74
Long-Term Leases	1.25	1.38	5.05	3.74	4.28
Long-Term Unearned Revenue	2.65	2.83	3.01	3.19	3.37
Long-Term Deferred Tax Liabilities	-	-	-	-	0
Other Long-Term Liabilities	27.61	20.73	17.74	15.94	10.28
Total Liabilities	1,814	1,940	1,622	1,193	860.88
Common Stock	131.69	131.69	131.69	131.69	131.69
Additional Paid-In Capital	672.25	668.95	666.26	666.26	666.26
Retained Earnings	296.68	345.1	334.42	316.39	286.63
Comprehensive Income & Other	-0.41	-1.54	-0.06	-4.6	-6.65
Total Common Equity	1,100	1,144	1,132	1,110	1,078
Minority Interest	9.55	7.76	2.55	7.07	10.3
Shareholders' Equity	1,110	1,152	1,135	1,117	1,088
Total Liabilities & Equity	2,924	3,092	2,757	2,310	1,949
Total Debt	289.71	309.41	225.01	216.32	144.86
Net Cash (Debt)	68.3	62.98	182.18	238.04	219.88
Net Cash Growth	8.45%	-65.43%	-23.46%	8.26%	-55.72%
Net Cash Per Share	0.52	0.46	1.38	1.83	1.67
Filing Date Shares Outstanding	131.69	131.69	131.69	131.69	131.69
Total Common Shares Outstanding	131.69	131.69	131.69	131.69	131.69
Working Capital	413.2	436.59	495.34	497.49	539.91
Book Value Per Share	8.35	8.69	8.60	8.43	8.19
Tangible Book Value	964.39	1,003	985.62	959.19	965.18
Tangible Book Value Per Share	7.32	7.62	7.48	7.28	7.33
Buildings	-	382.08	187.2	187.11	157.56
Machinery	-	99.09	109.23	108.62	113.74
Construction In Progress	-	-	193.21	138.65	97.45

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.