SHA:688687 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	648.68	833.97	902.83	853.63	726.38	1,158
Short-Term Investments	-	151.51	-	-	-	-
Trading Asset Securities	301.1	287.5	350.87	365.33	511.12	80
Cash & Short-Term Investments	949.78	1,273	1,254	1,219	1,237	1,238
Cash Growth	-26.08%	1.54%	2.85%	-1.50%	-0.05%	195.03%
Accounts Receivable	510.39	531.28	428.39	437.78	393.55	380.87
Other Receivables	1.58	1.4	1.62	1.78	2.24	2.71
Receivables	511.97	532.68	430.01	439.56	395.79	383.59
Inventory	131.75	136.01	144.24	139.54	148.81	143.73
Prepaid Expenses	-	0.51	0.7	1.71	1.09	1.18
Other Current Assets	288.03	12.63	31.45	21.92	11.68	24.34
Total Current Assets	1,882	1,955	1,860	1,822	1,795	1,791
Property, Plant & Equipment	580.02	594.44	493.05	323.63	183.53	173.52
Long-Term Investments	22.83	23.01	26.55	67.58	42.42	36.7
Other Intangible Assets	64.09	71.48	99.88	99.07	112.31	127.07
Long-Term Deferred Tax Assets	23.56	23.56	11.1	13.4	7.73	10.56
Long-Term Deferred Charges	0.17	0.23	105.56	86.83	48.88	10.2
Other Long-Term Assets	0.94	125.61	19.39	36	19.97	28.78
Total Assets	2,573	2,793	2,616	2,448	2,210	2,178

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	219.52	336.49	370.07	464.87	365.74	316.59
Accrued Expenses	18.07	52.48	34.23	41.13	42.76	32.41
Short-Term Debt	116.2	181.49	83.52	25.87	13.99	-
Current Portion of Long-Term Debt	58.98	-	-	-	-	-
Current Portion of Leases	-	1.43	2.91	1.51	1.34	-
Current Income Taxes Payable	33.75	10.87	0.35	6.81	3.27	12.15
Current Unearned Revenue	1.71	0.49	27.24	34.22	35.76	35.69
Other Current Liabilities	59.95	119.08	19.54	17.38	16.29	15.08
Total Current Liabilities	508.18	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	61.97	60.04	32.45	37.23	43.38	72.48
Long-Term Deferred Tax Liabilities	3.12	2.6	2.9	6.44	5.11	2.44
Other Long-Term Liabilities	24.55	24.87	-	-	-	-
Total Liabilities	831.8	1,053	735.33	663.01	527.93	490.27

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	170.94	170.94	170.94	170.94	170.91	169.83
Additional Paid-In Capital	1,136	1,120	1,251	1,250	1,244	1,247
Retained Earnings	456.48	472.47	492.1	393.81	310.76	269.81
Treasury Stock	-44.18	-45.06	-60.11	-60.11	-47.85	-
Comprehensive Income & Other	-13.62	-11.32	-10.75	-0.73	-2.57	-7.74
Total Common Equity	1,705	1,707	1,843	1,754	1,676	1,679
Minority Interest	35.86	32.67	37.05	31.31	6.23	8.9
Shareholders' Equity	1,741	1,740	1,880	1,785	1,682	1,687
Total Liabilities & Equity	2,573	2,793	2,616	2,448	2,210	2,178

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	409.16	446.37	248.53	54.92	15.62	3.42
Net Cash (Debt)	540.62	826.62	1,005	1,164	1,222	1,235
Net Cash Growth	-47.48%	-17.76%	-13.65%	-4.73%	-1.03%	194.22%
Net Cash Per Share	3.10	4.86	6.00	6.99	7.18	7.60
Filing Date Shares Outstanding	203.27	177.47	167.44	167.44	167.87	169.83
Total Common Shares Outstanding	203.27	177.47	167.44	167.44	167.87	169.83
Working Capital	1,373	1,252	1,322	1,230	1,316	1,379
Book Value Per Share	8.39	9.62	11.01	10.47	9.98	9.88
Tangible Book Value	1,641	1,636	1,743	1,655	1,563	1,552
Tangible Book Value Per Share	8.08	9.22	10.41	9.88	9.31	9.14
Buildings	-	353.92	133.49	133.49	114.06	119.1
Machinery	-	265.43	202.55	187.72	191.02	185.82
Construction In Progress	-	46.43	241.32	128.81	2.59	5.33