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	299.97	229.81	300.81	185.15	90.48
Short-Term Investments	-	-	30	-	-
Trading Asset Securities	711.05	874.03	954.51	792.22	702.05
Cash & Short-Term Investments	1,011	1,104	1,285	977.37	792.53
Cash Growth	-8.41%	-14.12%	31.51%	23.32%	443.25%
Accounts Receivable	1,351	1,020	813.86	771.89	802.22
Other Receivables	33.54	4.17	6.36	6.99	2.68
Receivables	1,384	1,024	820.22	778.88	804.91
Inventory	1,180	1,021	921.67	885.51	754.07
Prepaid Expenses	-	19.81	18.9	23.95	-
Other Current Assets	58.66	33.88	22.22	16.06	45.31
Total Current Assets	3,634	3,202	3,068	2,682	2,397
Property, Plant & Equipment	774.37	606.41	458.2	435.7	298.32
Long-Term Investments	-	-	-	31.35	31.12
Other Intangible Assets	81.3	84.77	86.59	61.72	61.76
Long-Term Deferred Tax Assets	30.32	25.78	20.27	16.39	22.58
Long-Term Deferred Charges	2.66	1.99	1.63	2.23	2.4
Other Long-Term Assets	5.71	23.4	17.76	20.46	19.42
Total Assets	4,528	3,945	3,653	3,250	2,832
Accounts Payable	1,545	709.1	655.25	421.64	464.34
Accrued Expenses	63	132.86	113.44	92.69	90.15
Short-Term Debt	400.26	839.18	829.71	722.37	513.9
Current Portion of Leases	-	-	-	0.72	0.64
Current Income Taxes Payable	17.3	20.34	17.71	2.14	12.74
Current Unearned Revenue	338.6	348.6	287.91	371.1	355.03
Other Current Liabilities	269.71	119.2	113.24	189.88	136.01
Total Current Liabilities	2,634	2,169	2,017	1,801	1,573
Long-Term Leases	-	-	-	-	0.66
Long-Term Unearned Revenue	46.94	38.37	28.04	28.25	9.98
Other Long-Term Liabilities	-	-	-	-	7.88
Total Liabilities	2,681	2,208	2,045	1,829	1,591
Common Stock	457.33	326.67	326.67	326.67	326.67
Additional Paid-In Capital	429.97	560.63	560.63	560.63	560.63
Retained Earnings	949.97	841.72	712.56	525.58	345.02
Comprehensive Income & Other	10.43	8.14	7.61	7.96	8.78
Shareholders' Equity	1,848	1,737	1,607	1,421	1,241
Total Liabilities & Equity	4,528	3,945	3,653	3,250	2,832
Total Debt	400.26	839.18	829.71	723.1	515.19
Net Cash (Debt)	610.76	264.66	455.61	254.27	277.34
Net Cash Growth	130.77%	-41.91%	79.18%	-8.32%	-
Net Cash Per Share	1.34	0.58	0.99	0.55	0.75
Filing Date Shares Outstanding	457.33	457.33	457.33	457.33	457.33
Total Common Shares Outstanding	457.33	457.33	457.33	457.33	457.33
Working Capital	1,000	1,033	1,051	881.24	824.02
Book Value Per Share	4.04	3.80	3.51	3.11	2.71
Tangible Book Value	1,766	1,652	1,521	1,359	1,179
Tangible Book Value Per Share	3.86	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.