SHA:688689 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	236.96	136.58	246.75	280.19	271.62	207.88
Short-Term Investments	-	-	-	55.48	-	7
Trading Asset Securities	717.54	797.2	792.06	754.41	769.72	361.36
Cash & Short-Term Investments	954.5	933.78	1,039	1,090	1,041	576.24
Cash Growth	-7.89%	-10.11%	-4.70%	4.68%	80.71%	144.29%
Accounts Receivable	448.4	483.25	416.02	266.6	238.47	301.92
Other Receivables	1	1.22	4.03	2.46	1.49	3.81
Receivables	449.41	484.47	420.05	269.06	239.96	305.73
Inventory	246.09	218.51	195.08	165.5	158.1	142.3
Other Current Assets	18.74	11.64	9.49	13.65	8.93	4.5
Total Current Assets	1,669	1,648	1,663	1,538	1,448	1,029
Property, Plant & Equipment	531.32	532.57	452.19	394.61	394.65	292.39
Long-Term Investments	30	42.51	57.5	31.01	31.6	16.78
Goodwill	0.64	0.64	0.64	0.64	0.64	0.64
Other Intangible Assets	95.96	96.59	19.47	20.87	21.82	23.03
Long-Term Deferred Tax Assets	5.86	5.91	5.76	4.83	5.67	7.99
Other Long-Term Assets	21.55	7.11	6.82	0.05	0.88	20.82
Total Assets	2,354	2,334	2,206	1,990	1,904	1,390
Accounts Payable	368.14	375.69	330	209.6	188.43	269.39
Accrued Expenses	17.11	23.27	24.12	18.62	20.07	20.74
Short-Term Debt	19.04	16.01	6.2	-	-	-
Current Portion of Long-Term Debt	0.76	0.82	-	-	-	-
Current Portion of Leases	-	-	1.26	1.66	1.67	-
Current Income Taxes Payable	3.45	3.19	10.73	6.58	-	-
Current Unearned Revenue	1.27	2.15	1.72	1.67	1.54	2.44
Other Current Liabilities	0.56	0.66	0.7	0.45	0.7	0.62
Total Current Liabilities	410.34	421.78	374.73	238.58	212.4	293.18
Long-Term Debt	447.49	437.49	405.17	372.7	342.23	-
Long-Term Leases	0.09	0.24	1.09	2.15	3.81	6.77
Long-Term Unearned Revenue	11.71	12.16	13.91	15.82	18.03	6.47
Long-Term Deferred Tax Liabilities	41.51	38.24	35.45	39.55	43.54	9.46
Other Long-Term Liabilities	10	10	10	-	-	-
Total Liabilities	921.14	919.92	840.36	668.81	620.01	315.88
Common Stock	128.9	128.9	128.9	128.9	128.9	128.4
Additional Paid-In Capital	599.15	599.53	597.43	603.89	605.41	590.89
Retained Earnings	549.49	529.18	478.52	432.42	396.7	355.26
Treasury Stock	-14.76	-19.25	-30.48	-	-	-
Comprehensive Income & Other	139.41	141.11	152.49	152.5	152.57	-
Total Common Equity	1,402	1,379	1,327	1,318	1,284	1,075
Minority Interest	30.74	34.34	38.58	3.76	-	-
Shareholders' Equity	1,433	1,414	1,365	1,321	1,284	1,075
Total Liabilities & Equity	2,354	2,334	2,206	1,990	1,904	1,390
Total Debt	467.38	454.56	413.73	376.52	347.71	6.77
Net Cash (Debt)	487.12	479.22	625.08	713.56	693.63	569.47
Net Cash Growth	-20.53%	-23.33%	-12.40%	2.87%	21.80%	141.42%
Net Cash Per Share	3.78	3.78	4.87	5.57	5.39	4.53
Filing Date Shares Outstanding	130.78	121.56	127.17	128.9	128.9	128.4
Total Common Shares Outstanding	130.78	121.56	127.17	128.9	128.9	128.4
Working Capital	1,258	1,227	1,289	1,300	1,236	735.59
Book Value Per Share	10.72	11.35	10.43	10.22	9.96	8.37
Tangible Book Value	1,306	1,282	1,307	1,296	1,261	1,051
Tangible Book Value Per Share	9.98	10.55	10.28	10.06	9.78	8.18
Buildings	-	-	89.57	89.55	85.46	51.47
Machinery	-	-	738.22	708.83	676.53	569.19
Construction In Progress	-	-	75.45	15.9	24.23	23.12

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