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	-	372.39	399.19	444.16	354.75
Trading Asset Securities	-	-	8	10.21	10
Cash & Short-Term Investments	377	372.39	407.19	454.36	364.75
Cash Growth	1.24%	-8.55%	-10.38%	24.57%	-46.83%
Accounts Receivable	-	1,664	1,385	920.81	765.89
Other Receivables	-	46.02	24.83	55.87	36.71
Receivables	-	1,710	1,409	976.68	802.6
Inventory	-	73.96	64.19	65.41	68.94
Other Current Assets	-	38.3	37.73	23.75	35.82
Total Current Assets	-	2,195	1,919	1,520	1,272
Property, Plant & Equipment	-	379.8	404.13	366.62	321.36
Long-Term Investments	-	144.75	133.5	126.07	98.47
Other Intangible Assets	-	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	-	42.55	30.9	19.82	14.56
Long-Term Deferred Charges	-	10.41	5.08	4.09	4.72
Other Long-Term Assets	-	154.54	103.17	103.14	108.23
Total Assets	-	3,092	2,757	2,310	1,949
Accounts Payable	-	1,359	1,106	798.37	576.18
Accrued Expenses	-	91.17	65.44	63.36	50.68
Short-Term Debt	-	73.94	10.01	1	-
Current Portion of Long-Term Debt	-	76.41	35.52	63.35	28.28
Current Portion of Leases	-	0.61	1.61	0.86	1.56
Current Income Taxes Payable	-	11.61	12.77	12.18	11.3
Current Unearned Revenue	-	18.3	84.95	25.8	22.73
Other Current Liabilities	-	126.7	106.53	57.8	41.47
Total Current Liabilities	-	1,758	1,423	1,023	732.2
Long-Term Debt	-	157.07	172.83	147.38	110.74
Long-Term Leases	-	1.38	5.05	3.74	4.28
Long-Term Unearned Revenue	-	2.83	3.01	3.19	3.37
Long-Term Deferred Tax Liabilities	-	-	-	-	0
Other Long-Term Liabilities	-	20.73	17.74	15.94	10.28
Total Liabilities	-	1,940	1,622	1,193	860.88
Common Stock	-	131.69	131.69	131.69	131.69
Additional Paid-In Capital	-	668.95	666.26	666.26	666.26
Retained Earnings	-	345.1	334.42	316.39	286.63
Comprehensive Income & Other	-	-1.54	-0.06	-4.6	-6.65
Total Common Equity	1,123	1,144	1,132	1,110	1,078
Minority Interest	-	7.76	2.55	7.07	10.3
Shareholders' Equity	1,134	1,152	1,135	1,117	1,088
Total Liabilities & Equity	-	3,092	2,757	2,310	1,949
Total Debt	371.35	309.41	225.01	216.32	144.86
Net Cash (Debt)	5.65	62.98	182.18	238.04	219.88
Net Cash Growth	-91.03%	-65.43%	-23.46%	8.26%	-55.72%
Net Cash Per Share	0.04	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	-	436.59	495.34	497.49	539.91
Book Value Per Share	8.53	8.69	8.60	8.43	8.19
Tangible Book Value	985.33	1,003	985.62	959.19	965.18
Tangible Book Value Per Share	7.48	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.