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	Sep '26 Sep 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	144.79	299.97	229.81	300.81	185.15	90.48
Short-Term Investments	-	-	-	30	-	-
Trading Asset Securities	794.57	711.05	874.03	954.51	792.22	702.05
Cash & Short-Term Investments	939.36	1,011	1,104	1,285	977.37	792.53
Cash Growth	4.29%	-8.41%	-14.12%	31.51%	23.32%	443.25%
Accounts Receivable	1,764	1,351	1,020	813.86	771.89	802.22
Other Receivables	24.53	33.54	4.17	6.36	6.99	2.68
Receivables	1,789	1,384	1,024	820.22	778.88	804.91
Inventory	1,391	1,180	1,021	921.67	885.51	754.07
Prepaid Expenses	29.47	18.75	19.81	18.9	23.95	-
Other Current Assets	89.79	39.91	33.88	22.22	16.06	45.31
Total Current Assets	4,238	3,634	3,202	3,068	2,682	2,397
Property, Plant & Equipment	838.1	774.37	606.41	458.2	435.7	298.32
Long-Term Investments	-	-	-	-	31.35	31.12
Other Intangible Assets	99.6	81.3	84.77	86.59	61.72	61.76
Long-Term Deferred Tax Assets	35.72	30.32	25.78	20.27	16.39	22.58
Long-Term Deferred Charges	4.45	2.66	1.99	1.63	2.23	2.4
Other Long-Term Assets	16.35	5.71	23.4	17.76	20.46	19.42
Total Assets	5,232	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	Sep '26 Sep 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	1,763	788.67	709.1	655.25	421.64	464.34
Accrued Expenses	73	149.38	132.86	113.44	92.69	90.15
Short-Term Debt	649.61	1,131	839.18	829.71	722.37	513.9
Current Portion of Leases	-	-	-	-	0.72	0.64
Current Income Taxes Payable	28.91	11.81	20.34	17.71	2.14	12.74
Current Unearned Revenue	418.04	338.6	348.6	287.91	371.1	355.03
Other Current Liabilities	336.55	214.39	119.2	113.24	189.88	136.01
Total Current Liabilities	3,269	2,634	2,169	2,017	1,801	1,573
Long-Term Leases	-	-	-	-	-	0.66
Long-Term Unearned Revenue	42.84	46.94	38.37	28.04	28.25	9.98
Other Long-Term Liabilities	-	-	-	-	-	7.88
Total Liabilities	3,312	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	Sep '26 Sep 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	250.09	429.97	560.63	560.63	560.63	560.63
Retained Earnings	1,020	949.97	841.72	712.56	525.58	345.02
Comprehensive Income & Other	10.04	10.43	8.14	7.61	7.96	8.78
Shareholders' Equity	1,920	1,848	1,737	1,607	1,421	1,241
Total Liabilities & Equity	5,232	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	Sep '26 Sep 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	649.61	1,131	839.18	829.71	723.1	515.19
Net Cash (Debt)	289.75	-119.77	264.66	455.61	254.27	277.34
Net Cash Growth	-44.34%	-	-41.91%	79.18%	-8.32%	-
Net Cash Per Share	0.46	-0.19	0.41	0.71	0.40	0.54
Filing Date Shares Outstanding	640.27	640.27	640.27	640.27	640.27	640.27
Total Common Shares Outstanding	640.27	640.27	640.27	640.27	640.27	640.27
Working Capital	968.87	1,000	1,033	1,051	881.24	824.02
Book Value Per Share	3.00	2.89	2.71	2.51	2.22	1.94
Tangible Book Value	1,821	1,766	1,652	1,521	1,359	1,179
Tangible Book Value Per Share	2.84	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