SHA:688687 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	733.67	833.97	902.83	853.63	726.38	1,158
Trading Asset Securities	337.92	287.5	350.87	365.33	511.12	80
Cash & Short-Term Investments	1,072	1,121	1,254	1,219	1,237	1,238
Cash Growth	-11.19%	-10.55%	2.85%	-1.50%	-0.05%	195.03%
Accounts Receivable	502.13	531.28	428.39	437.78	393.55	380.87
Other Receivables	2.31	1.4	1.62	1.78	2.24	2.71
Receivables	504.44	532.68	430.01	439.56	395.79	383.59
Inventory	127.6	136.01	144.24	139.54	148.81	143.73
Prepaid Expenses	-	-	0.7	1.71	1.09	1.18
Other Current Assets	165.91	164.66	31.45	21.92	11.68	24.34
Total Current Assets	1,870	1,955	1,860	1,822	1,795	1,791
Property, Plant & Equipment	586.73	594.44	493.05	323.63	183.53	173.52
Long-Term Investments	22.91	23.01	26.55	67.58	42.42	36.7
Other Intangible Assets	67.6	71.48	99.88	99.07	112.31	127.07
Long-Term Deferred Tax Assets	24.97	23.56	11.1	13.4	7.73	10.56
Long-Term Deferred Charges	0.2	0.23	105.56	86.83	48.88	10.2
Other Long-Term Assets	125.95	125.61	19.39	36	19.97	28.78
Total Assets	2,698	2,793	2,616	2,448	2,210	2,178
Accounts Payable	266.08	336.49	370.07	464.87	365.74	316.59
Accrued Expenses	17.8	24.8	34.23	41.13	42.76	32.41
Short-Term Debt	190.98	181.49	83.52	25.87	13.99	-
Current Portion of Long-Term Debt	59.39	59.41	-	-	-	-
Current Portion of Leases	-	-	2.91	1.51	1.34	-
Current Income Taxes Payable	24.76	39.34	0.35	6.81	3.27	12.15
Current Unearned Revenue	0.61	0.49	27.24	34.22	35.76	35.69
Other Current Liabilities	61.14	60.31	19.54	17.38	16.29	15.08
Total Current Liabilities	620.74	702.33	537.87	591.8	479.15	411.93
Long-Term Debt	233.98	263.19	160.45	26.99	-	-
Long-Term Leases	-	0.26	1.65	0.56	0.29	3.42
Long-Term Unearned Revenue	63.96	60.04	32.45	37.23	43.38	72.48
Long-Term Deferred Tax Liabilities	2.93	2.6	2.9	6.44	5.11	2.44
Other Long-Term Liabilities	24.7	24.87	-	-	-	-
Total Liabilities	946.31	1,053	735.33	663.01	527.93	490.27
Common Stock	170.94	170.94	170.94	170.94	170.91	169.83
Additional Paid-In Capital	1,128	1,120	1,251	1,250	1,244	1,247
Retained Earnings	478.6	472.47	492.1	393.81	310.76	269.81
Treasury Stock	-45.06	-45.06	-60.11	-60.11	-47.85	-
Comprehensive Income & Other	-14.11	-11.32	-10.75	-0.73	-2.57	-7.74
Total Common Equity	1,718	1,707	1,843	1,754	1,676	1,679
Minority Interest	33.19	32.67	37.05	31.31	6.23	8.9
Shareholders' Equity	1,752	1,740	1,880	1,785	1,682	1,687
Total Liabilities & Equity	2,698	2,793	2,616	2,448	2,210	2,178
Total Debt	484.34	504.34	248.53	54.92	15.62	3.42
Net Cash (Debt)	587.25	617.13	1,005	1,164	1,222	1,235
Net Cash Growth	-42.21%	-38.60%	-13.65%	-4.73%	-1.03%	194.22%
Net Cash Per Share	3.55	3.63	6.00	6.99	7.18	7.60
Filing Date Shares Outstanding	153.36	177.47	167.44	167.44	167.87	169.83
Total Common Shares Outstanding	153.36	177.47	167.44	167.44	167.87	169.83
Working Capital	1,249	1,252	1,322	1,230	1,316	1,379
Book Value Per Share	11.21	9.62	11.01	10.47	9.98	9.88
Tangible Book Value	1,651	1,636	1,743	1,655	1,563	1,552
Tangible Book Value Per Share	10.76	9.22	10.41	9.88	9.31	9.14
Buildings	-	-	133.49	133.49	114.06	119.1
Machinery	-	-	202.55	187.72	191.02	185.82
Construction In Progress	-	-	241.32	128.81	2.59	5.33

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