SHA:688697 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	173.94	299.97	229.81	300.81	185.15	90.48
Short-Term Investments	-	-	-	30	-	-
Trading Asset Securities	773.43	711.05	874.03	954.51	792.22	702.05
Cash & Short-Term Investments	947.37	1,011	1,104	1,285	977.37	792.53
Cash Growth	4.75%	-8.41%	-14.12%	31.51%	23.32%	443.25%
Accounts Receivable	1,551	1,351	1,020	813.86	771.89	802.22
Other Receivables	23.93	33.54	4.17	6.36	6.99	2.68
Receivables	1,575	1,384	1,024	820.22	778.88	804.91
Inventory	1,354	1,180	1,021	921.67	885.51	754.07
Prepaid Expenses	-	18.75	19.81	18.9	23.95	-
Other Current Assets	60.78	39.91	33.88	22.22	16.06	45.31
Total Current Assets	3,937	3,634	3,202	3,068	2,682	2,397
Property, Plant & Equipment	792.38	774.37	606.41	458.2	435.7	298.32
Long-Term Investments	-	-	-	-	31.35	31.12
Other Intangible Assets	100.13	81.3	84.77	86.59	61.72	61.76
Long-Term Deferred Tax Assets	31.38	30.32	25.78	20.27	16.39	22.58
Long-Term Deferred Charges	2.2	2.66	1.99	1.63	2.23	2.4
Other Long-Term Assets	8.64	5.71	23.4	17.76	20.46	19.42
Total Assets	4,872	4,528	3,945	3,653	3,250	2,832

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	1,640	788.67	709.1	655.25	421.64	464.34
Accrued Expenses	58.06	149.38	132.86	113.44	92.69	90.15
Short-Term Debt	623.78	1,131	839.18	829.71	722.37	513.9
Current Portion of Leases	-	-	-	-	0.72	0.64
Current Income Taxes Payable	10.87	11.81	20.34	17.71	2.14	12.74
Current Unearned Revenue	400.47	338.6	348.6	287.91	371.1	355.03
Other Current Liabilities	271.71	214.39	119.2	113.24	189.88	136.01
Total Current Liabilities	3,005	2,634	2,169	2,017	1,801	1,573
Long-Term Leases	-	-	-	-	-	0.66
Long-Term Unearned Revenue	45.81	46.94	38.37	28.04	28.25	9.98
Other Long-Term Liabilities	-	-	-	-	-	7.88
Total Liabilities	3,051	2,681	2,208	2,045	1,829	1,591

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	640.27	457.33	326.67	326.67	326.67	326.67
Additional Paid-In Capital	247.03	429.97	560.63	560.63	560.63	560.63
Retained Earnings	923.94	949.97	841.72	712.56	525.58	345.02
Comprehensive Income & Other	10.13	10.43	8.14	7.61	7.96	8.78
Shareholders' Equity	1,821	1,848	1,737	1,607	1,421	1,241
Total Liabilities & Equity	4,872	4,528	3,945	3,653	3,250	2,832

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	623.78	1,131	839.18	829.71	723.1	515.19
Net Cash (Debt)	323.59	-119.77	264.66	455.61	254.27	277.34
Net Cash Growth	-	-	-41.91%	79.18%	-8.32%	-
Net Cash Per Share	0.51	-0.19	0.41	0.71	0.40	0.54
Filing Date Shares Outstanding	640.19	640.27	640.27	640.27	640.27	640.27
Total Common Shares Outstanding	640.19	640.27	640.27	640.27	640.27	640.27
Working Capital	932.45	1,000	1,033	1,051	881.24	824.02
Book Value Per Share	2.85	2.89	2.71	2.51	2.22	1.94
Tangible Book Value	1,721	1,766	1,652	1,521	1,359	1,179
Tangible Book Value Per Share	2.69	2.76	2.58	2.38	2.12	1.84
Buildings	-	554.04	334	334	328.9	213.14
Machinery	-	494.15	447.88	343.47	292.22	231.9
Construction In Progress	-	83.34	139.95	62.63	60.18	78.65