SHA:688679 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	450.31	358.02	372.39	399.19	444.16	354.75
Trading Asset Securities	-	-	-	8	10.21	10
Cash & Short-Term Investments	450.31	358.02	372.39	407.19	454.36	364.75
Cash Growth	-5.46%	-3.86%	-8.55%	-10.38%	24.57%	-46.83%
Accounts Receivable	1,441	1,621	1,664	1,385	920.81	765.89
Other Receivables	22.35	53.96	46.02	24.83	55.87	36.71
Receivables	1,463	1,675	1,710	1,409	976.68	802.6
Inventory	25.1	35.91	73.96	64.19	65.41	68.94
Other Current Assets	71.2	48.07	38.3	37.73	23.75	35.82
Total Current Assets	2,010	2,117	2,195	1,919	1,520	1,272
Property, Plant & Equipment	332.33	336.43	379.8	404.13	366.62	321.36
Long-Term Investments	134.78	138.41	144.75	133.5	126.07	98.47
Other Intangible Assets	133.7	135.82	140.87	146.68	150.53	112.75
Long-Term Accounts Receivable	-	14.06	24.46	14.68	19.31	16.9
Long-Term Deferred Tax Assets	45.32	46.39	42.55	30.9	19.82	14.56
Long-Term Deferred Charges	7.36	7.84	10.41	5.08	4.09	4.72
Other Long-Term Assets	143.65	128.59	154.54	103.17	103.14	108.23
Total Assets	2,807	2,924	3,092	2,757	2,310	1,949
Accounts Payable	1,103	1,261	1,359	1,106	798.37	576.18
Accrued Expenses	36.9	87.08	91.17	65.44	63.36	50.68
Short-Term Debt	58.35	66.95	73.94	10.01	1	-
Current Portion of Long-Term Debt	143.7	141.1	76.41	35.52	63.35	28.28
Current Portion of Leases	-	0.93	0.61	1.61	0.86	1.56
Current Income Taxes Payable	40.99	4.88	11.61	12.77	12.18	11.3
Current Unearned Revenue	39.04	30.23	18.3	84.95	25.8	22.73
Other Current Liabilities	101.3	111.52	126.7	106.53	57.8	41.47
Total Current Liabilities	1,523	1,703	1,758	1,423	1,023	732.2
Long-Term Debt	141.35	82.69	157.07	172.83	147.38	110.74
Long-Term Leases	0.59	1.25	1.38	5.05	3.74	4.28
Long-Term Unearned Revenue	2.61	2.65	2.83	3.01	3.19	3.37
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0
Other Long-Term Liabilities	28.42	24.4	20.73	17.74	15.94	10.28
Total Liabilities	1,696	1,814	1,940	1,622	1,193	860.88
Common Stock	131.69	131.69	131.69	131.69	131.69	131.69
Additional Paid-In Capital	669.18	672.25	668.95	666.26	666.26	666.26
Retained Earnings	297.21	296.68	345.1	334.42	316.39	286.63
Comprehensive Income & Other	-0.41	-0.41	-1.54	-0.06	-4.6	-6.65
Total Common Equity	1,098	1,100	1,144	1,132	1,110	1,078
Minority Interest	12.92	9.55	7.76	2.55	7.07	10.3
Shareholders' Equity	1,111	1,110	1,152	1,135	1,117	1,088
Total Liabilities & Equity	2,807	2,924	3,092	2,757	2,310	1,949
Total Debt	343.99	292.92	309.41	225.01	216.32	144.86
Net Cash (Debt)	106.33	65.09	62.98	182.18	238.04	219.88
Net Cash Growth	-5.84%	3.35%	-65.43%	-23.46%	8.26%	-55.72%
Net Cash Per Share	0.81	0.50	0.46	1.38	1.83	1.67
Filing Date Shares Outstanding	130.55	131.69	131.69	131.69	131.69	131.69
Total Common Shares Outstanding	130.55	131.69	131.69	131.69	131.69	131.69
Working Capital	486.44	413.2	436.59	495.34	497.49	539.91
Book Value Per Share	8.41	8.35	8.69	8.60	8.43	8.19
Tangible Book Value	963.98	964.39	1,003	985.62	959.19	965.18
Tangible Book Value Per Share	7.38	7.32	7.62	7.48	7.28	7.33
Buildings	-	366.94	382.08	187.2	187.11	157.56
Machinery	-	84.57	99.09	109.23	108.62	113.74
Construction In Progress	-	3.75	-	193.21	138.65	97.45

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