SHA:688697 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	-	229.81	300.81	185.15	90.48
Short-Term Investments	-	-	30	-	-
Trading Asset Securities	-	874.03	954.51	792.22	702.05
Cash & Short-Term Investments	900.75	1,104	1,285	977.37	792.53
Cash Growth	-18.40%	-14.12%	31.51%	23.32%	443.25%
Accounts Receivable	-	1,020	813.86	771.89	802.22
Other Receivables	-	4.17	6.36	6.99	2.68
Receivables	-	1,024	820.22	778.88	804.91
Inventory	-	1,021	921.67	885.51	754.07
Prepaid Expenses	-	19.81	18.9	23.95	-
Other Current Assets	-	33.88	22.22	16.06	45.31
Total Current Assets	-	3,202	3,068	2,682	2,397
Property, Plant & Equipment	-	606.41	458.2	435.7	298.32
Long-Term Investments	-	-	-	31.35	31.12
Other Intangible Assets	-	84.77	86.59	61.72	61.76
Long-Term Deferred Tax Assets	-	25.78	20.27	16.39	22.58
Long-Term Deferred Charges	-	1.99	1.63	2.23	2.4
Other Long-Term Assets	-	23.4	17.76	20.46	19.42
Total Assets	-	3,945	3,653	3,250	2,832
Accounts Payable	-	709.1	655.25	421.64	464.34
Accrued Expenses	-	132.86	113.44	92.69	90.15
Short-Term Debt	-	839.18	829.71	722.37	513.9
Current Portion of Leases	-	-	-	0.72	0.64
Current Income Taxes Payable	-	20.34	17.71	2.14	12.74
Current Unearned Revenue	-	348.6	287.91	371.1	355.03
Other Current Liabilities	-	119.2	113.24	189.88	136.01
Total Current Liabilities	-	2,169	2,017	1,801	1,573
Long-Term Leases	-	-	-	-	0.66
Long-Term Unearned Revenue	-	38.37	28.04	28.25	9.98
Other Long-Term Liabilities	-	-	-	-	7.88
Total Liabilities	-	2,208	2,045	1,829	1,591
Common Stock	-	326.67	326.67	326.67	326.67
Additional Paid-In Capital	-	560.63	560.63	560.63	560.63
Retained Earnings	-	841.72	712.56	525.58	345.02
Comprehensive Income & Other	-	8.14	7.61	7.96	8.78
Shareholders' Equity	1,748	1,737	1,607	1,421	1,241
Total Liabilities & Equity	-	3,945	3,653	3,250	2,832
Total Debt	380.22	839.18	829.71	723.1	515.19
Net Cash (Debt)	520.52	264.66	455.61	254.27	277.34
Net Cash Growth	96.68%	-41.91%	79.18%	-8.32%	-
Net Cash Per Share	1.14	0.58	0.99	0.55	0.75
Filing Date Shares Outstanding	462.03	457.33	457.33	457.33	457.33
Total Common Shares Outstanding	457.33	457.33	457.33	457.33	457.33
Working Capital	-	1,033	1,051	881.24	824.02
Book Value Per Share	3.82	3.80	3.51	3.11	2.71
Tangible Book Value	1,666	1,652	1,521	1,359	1,179
Tangible Book Value Per Share	3.64	3.61	3.33	2.97	2.58
Buildings	-	334	334	328.9	213.14
Machinery	-	447.88	343.47	292.22	231.9
Construction In Progress	-	139.95	62.63	60.18	78.65

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