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	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	96.35	299.97	229.81	300.81	185.15	90.48
Short-Term Investments	-	-	-	30	-	-
Trading Asset Securities	811.54	711.05	874.03	954.51	792.22	702.05
Cash & Short-Term Investments	907.89	1,011	1,104	1,285	977.37	792.53
Cash Growth	-16.86%	-8.41%	-14.12%	31.51%	23.32%	443.25%
Accounts Receivable	1,303	1,351	1,020	813.86	771.89	802.22
Other Receivables	27.46	33.54	4.17	6.36	6.99	2.68
Receivables	1,330	1,384	1,024	820.22	778.88	804.91
Inventory	1,259	1,180	1,021	921.67	885.51	754.07
Prepaid Expenses	20.83	18.75	19.81	18.9	23.95	-
Other Current Assets	57.34	39.91	33.88	22.22	16.06	45.31
Total Current Assets	3,575	3,634	3,202	3,068	2,682	2,397
Property, Plant & Equipment	765.05	774.37	606.41	458.2	435.7	298.32
Long-Term Investments	-	-	-	-	31.35	31.12
Other Intangible Assets	101.63	81.3	84.77	86.59	61.72	61.76
Long-Term Deferred Tax Assets	29.54	30.32	25.78	20.27	16.39	22.58
Long-Term Deferred Charges	2.43	2.66	1.99	1.63	2.23	2.4
Other Long-Term Assets	6.15	5.71	23.4	17.76	20.46	19.42
Total Assets	4,480	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	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
Accounts Payable	1,437	788.67	709.1	655.25	421.64	464.34
Accrued Expenses	43.17	149.38	132.86	113.44	92.69	90.15
Short-Term Debt	443.38	1,131	839.18	829.71	722.37	513.9
Current Portion of Leases	-	-	-	-	0.72	0.64
Current Income Taxes Payable	4.66	11.81	20.34	17.71	2.14	12.74
Current Unearned Revenue	355.94	338.6	348.6	287.91	371.1	355.03
Other Current Liabilities	234.54	214.39	119.2	113.24	189.88	136.01
Total Current Liabilities	2,519	2,634	2,169	2,017	1,801	1,573
Long-Term Leases	-	-	-	-	-	0.66
Long-Term Unearned Revenue	46.38	46.94	38.37	28.04	28.25	9.98
Other Long-Term Liabilities	-	-	-	-	-	7.88
Total Liabilities	2,565	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	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
Common Stock	457.33	457.33	326.67	326.67	326.67	326.67
Additional Paid-In Capital	429.97	429.97	560.63	560.63	560.63	560.63
Retained Earnings	1,017	949.97	841.72	712.56	525.58	345.02
Comprehensive Income & Other	10.28	10.43	8.14	7.61	7.96	8.78
Shareholders' Equity	1,914	1,848	1,737	1,607	1,421	1,241
Total Liabilities & Equity	4,480	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	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
Total Debt	443.38	1,131	839.18	829.71	723.1	515.19
Net Cash (Debt)	464.51	-119.77	264.66	455.61	254.27	277.34
Net Cash Growth	-34.73%	-	-41.91%	79.18%	-8.32%	-
Net Cash Per Share	0.73	-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	1,056	1,000	1,033	1,051	881.24	824.02
Book Value Per Share	2.99	2.89	2.71	2.51	2.22	1.94
Tangible Book Value	1,813	1,766	1,652	1,521	1,359	1,179
Tangible Book Value Per Share	2.83	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