SHA:688683 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	262.42	322.53	145.53	245.08	347.01	247.37
Trading Asset Securities	50.91	15.75	25.57	-	-	84.53
Cash & Short-Term Investments	313.33	338.29	171.1	245.08	347.01	331.91
Cash Growth	82.91%	97.71%	-30.19%	-29.37%	4.55%	117.22%
Accounts Receivable	489.95	477.09	277.46	236.01	236.26	202.06
Other Receivables	2.15	1.7	1.35	1.68	1.67	1.56
Receivables	492.1	478.79	278.81	237.69	237.92	203.62
Inventory	117.7	91.16	80.8	48.95	57.38	51.96
Prepaid Expenses	-	-	-	-	-	0.03
Other Current Assets	111.86	98.18	55.82	24	20.69	14.76
Total Current Assets	1,035	1,006	586.52	555.72	663	602.27
Property, Plant & Equipment	865.03	856.39	705.62	436.45	333.35	265.6
Long-Term Investments	-	-	4.38	4.6	4.61	-
Goodwill	29.98	29.98	28.48	28.48	28.48	-
Other Intangible Assets	101.37	102.07	95.25	100.05	91.31	52.07
Long-Term Deferred Tax Assets	9.83	9.86	8.13	7.34	6.45	4.05
Long-Term Deferred Charges	19.51	20.07	15.6	1.16	0.28	0.38
Other Long-Term Assets	10.82	8.04	7.91	42.04	11.94	42.99
Total Assets	2,072	2,033	1,452	1,176	1,139	967.37
Accounts Payable	287.72	332.28	137.37	50.76	66.76	40.69
Accrued Expenses	10.02	22.42	17.47	8.35	11.1	13.64
Short-Term Debt	70.28	11.29	22.66	18.38	5.81	-
Current Portion of Long-Term Debt	27.1	27.1	-	0.72	3.65	-
Current Portion of Leases	-	-	-	-	0.86	6.17
Current Income Taxes Payable	7.25	0.69	0.32	0.13	2.66	2.63
Current Unearned Revenue	1.17	0.99	0.38	0.23	1.98	0.51
Other Current Liabilities	146.35	143.77	41.21	28.13	22.6	39.23
Total Current Liabilities	549.89	538.53	219.41	106.71	115.42	102.87
Long-Term Debt	174.67	174.82	143.6	5.91	1.22	-
Long-Term Leases	-	-	-	-	0.58	19.21
Long-Term Unearned Revenue	7.7	7.88	8	8.05	9.13	9.64
Long-Term Deferred Tax Liabilities	3.79	3.94	2.33	2.59	3.19	0.09
Total Liabilities	736.05	725.17	373.34	123.25	129.53	131.81
Common Stock	161.1	161.1	155.18	155.18	153.84	148.56
Additional Paid-In Capital	710.31	-	-	560.49	535.13	436.12
Retained Earnings	362.75	348.76	317.3	290.03	276.29	250.88
Treasury Stock	-25.32	-25.32	-29.96	-	-	-
Comprehensive Income & Other	-	707.85	560.49	-	-	-
Total Common Equity	1,209	1,192	1,003	1,006	965.26	835.56
Minority Interest	126.65	115.26	75.53	46.88	44.62	-
Shareholders' Equity	1,335	1,308	1,079	1,053	1,010	835.56
Total Liabilities & Equity	2,072	2,033	1,452	1,176	1,139	967.37
Total Debt	272.05	213.21	166.26	25.01	12.12	25.38
Net Cash (Debt)	41.28	125.08	4.84	220.07	334.89	306.53
Net Cash Growth	11815.27%	2483.77%	-97.80%	-34.29%	9.25%	110.26%
Net Cash Per Share	0.27	0.81	0.03	1.43	2.25	2.26
Filing Date Shares Outstanding	155.44	159.59	153.67	155.18	155.1	148.56
Total Common Shares Outstanding	155.44	159.59	153.67	155.18	153.84	148.56
Working Capital	485.1	467.89	367.12	449.02	547.58	499.4
Book Value Per Share	7.78	7.47	6.53	6.48	6.27	5.62
Tangible Book Value	1,077	1,060	879.29	877.18	845.47	783.49
Tangible Book Value Per Share	6.93	6.64	5.72	5.65	5.50	5.27
Buildings	-	417.26	341.05	281.32	201.84	-
Machinery	-	291.08	195.47	170.61	143.8	109.16
Construction In Progress	-	317.64	271.26	65.62	61.7	197.81

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