SHA:688685 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	-	77.14	94.47	277.1	264.06
Trading Asset Securities	-	-	-	25	70
Cash & Short-Term Investments	306.2	77.14	94.47	302.1	334.06
Cash Growth	296.92%	-18.34%	-68.73%	-9.56%	237.86%
Accounts Receivable	-	537.79	215.83	216.92	192.86
Other Receivables	-	157.17	4.9	2.33	0.42
Receivables	-	694.96	220.73	219.25	193.28
Inventory	-	74.38	93.99	59.41	42.93
Other Current Assets	-	72.32	7.18	13.98	10.47
Total Current Assets	-	918.8	416.37	594.75	580.73
Property, Plant & Equipment	-	934.54	280.77	240.7	245.74
Long-Term Investments	-	-	3.11	3.62	4.38
Goodwill	-	0.93	0.93	0.93	-
Other Intangible Assets	-	35.32	34.53	18.49	14.92
Long-Term Deferred Tax Assets	-	15.97	4.33	3.62	3.98
Long-Term Deferred Charges	-	9.62	6.03	1.21	1.79
Other Long-Term Assets	-	258.75	121.65	40.31	14.82
Total Assets	-	2,174	867.71	903.64	866.35
Accounts Payable	-	485.34	123.67	113.82	93.57
Accrued Expenses	-	27.94	14.14	18.29	13.26
Short-Term Debt	-	588.21	10.01	6.01	-
Current Portion of Leases	-	33.33	-	0.29	-
Current Income Taxes Payable	-	16.55	-	0.86	1.58
Current Unearned Revenue	-	7.28	0.03	3	1.8
Other Current Liabilities	-	4.93	4.32	6.17	13
Total Current Liabilities	-	1,164	152.17	148.43	123.2
Long-Term Debt	-	191.86	-	15.02	40.05
Long-Term Leases	-	7.76	-	-	-
Long-Term Unearned Revenue	-	11.78	12.85	13.95	17.78
Total Liabilities	-	1,375	165.02	177.41	181.04
Common Stock	-	145.43	111.87	111.87	111.87
Additional Paid-In Capital	-	382.57	370.95	369.79	369.79
Retained Earnings	-	206.09	202.72	221.03	178.56
Comprehensive Income & Other	-	7.04	6.5	6.95	5.07
Total Common Equity	826.26	741.13	692.03	709.64	665.29
Minority Interest	-	57.84	10.66	16.59	20.03
Shareholders' Equity	916.91	798.97	702.7	726.23	685.31
Total Liabilities & Equity	-	2,174	867.71	903.64	866.35
Total Debt	1,280	821.16	10.01	21.31	40.05
Net Cash (Debt)	-974.16	-744.02	84.46	280.79	294
Net Cash Growth	-	-	-69.92%	-4.49%	5203.68%
Net Cash Per Share	-6.63	-5.06	0.55	1.93	2.26
Filing Date Shares Outstanding	146.85	145.43	145.43	145.43	145.43
Total Common Shares Outstanding	146.85	145.43	145.43	145.43	145.43
Working Capital	-	-244.78	264.21	446.32	457.53
Book Value Per Share	5.68	5.10	4.76	4.88	4.57
Tangible Book Value	793.78	704.88	656.57	690.22	650.37
Tangible Book Value Per Share	5.46	4.85	4.51	4.75	4.47
Buildings	-	109.4	107.74	107.74	93.78
Machinery	-	520.73	237.23	203.51	210.96
Construction In Progress	-	429.1	35.23	5.09	0.2

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