SHA:688699 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

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	53.27	104.02	57.05	175.62	525.72	909.09
Short-Term Investments	-	-	-	12.46	-	-
Trading Asset Securities	97.28	65.31	215.37	98.96	69.19	4.16
Cash & Short-Term Investments	150.55	169.33	272.42	287.04	594.92	913.26
Cash Growth	-28.86%	-37.84%	-5.09%	-51.75%	-34.86%	34.45%
Accounts Receivable	368.36	325.73	299.26	270.01	219.9	154.4
Other Receivables	2.18	2.25	0.33	0.19	3.42	0.2
Receivables	370.54	327.99	299.59	270.2	223.31	154.59
Inventory	169.85	175.05	228.18	188.05	370.56	271.86
Other Current Assets	136.89	118.77	55.89	331.35	132.69	194.25
Total Current Assets	827.83	791.14	856.08	1,077	1,321	1,534
Property, Plant & Equipment	276.96	297.08	236.07	284.62	347.09	318.11
Long-Term Investments	452.56	481.89	308.83	154.81	-	-
Other Intangible Assets	22.52	24.19	5.9	2.03	2.92	4.08
Long-Term Deferred Tax Assets	39.97	39.87	40.49	34.37	18.65	5.76
Long-Term Deferred Charges	42.87	30	31.61	24.25	28.83	10.13
Other Long-Term Assets	6.42	6.83	6.46	0.06	0.98	14.68
Total Assets	1,669	1,671	1,485	1,577	1,720	1,887
Accounts Payable	196.13	207.57	85.08	101.91	42.59	48.04
Accrued Expenses	15.42	23.99	24.04	31.06	46.79	73.97
Short-Term Debt	102.87	114.69	51.23	35.81	13.73	-
Current Portion of Long-Term Debt	12.64	12.5	1.74	-	-	-
Current Portion of Leases	-	-	9.41	6.34	7.66	6.36
Current Income Taxes Payable	6.8	3.87	-	-	-	-
Current Unearned Revenue	2.79	2.78	4.89	5.99	5.56	8.86
Other Current Liabilities	2.1	2.04	24.84	36.01	51.78	40.87
Total Current Liabilities	338.76	367.45	201.23	217.12	168.11	178.1
Long-Term Debt	-	-	1.79	-	-	-
Long-Term Leases	94.9	96.65	21.94	6.13	8.55	11.73
Long-Term Unearned Revenue	20.9	14.82	21.27	22.29	15.15	8.93
Long-Term Deferred Tax Liabilities	0.18	0.87	0.94	0.76	1.35	-
Total Liabilities	454.74	479.78	247.18	246.3	193.16	198.77
Common Stock	110.06	110.06	110.06	110.06	110.06	74.37
Additional Paid-In Capital	590.76	590.76	590.76	590.76	590.76	626.45
Retained Earnings	612.6	588.92	635.37	628.28	824.91	987.78
Treasury Stock	-99.82	-99.82	-99.82	-	-	-
Comprehensive Income & Other	0.78	1.3	1.88	1.38	1.05	-0.66
Total Common Equity	1,214	1,191	1,238	1,330	1,527	1,688
Shareholders' Equity	1,214	1,191	1,238	1,330	1,527	1,688
Total Liabilities & Equity	1,669	1,671	1,485	1,577	1,720	1,887
Total Debt	210.42	223.84	86.11	48.28	29.94	18.09
Net Cash (Debt)	-59.86	-54.51	186.31	238.76	564.97	895.17
Net Cash Growth	-	-	-21.97%	-57.74%	-36.89%	31.79%
Net Cash Per Share	-0.57	-0.52	1.84	2.18	5.32	8.13
Filing Date Shares Outstanding	107.64	104.14	106.52	110.06	110.06	110.06
Total Common Shares Outstanding	107.64	104.14	106.52	110.06	110.06	110.06
Working Capital	489.07	423.69	654.85	859.52	1,153	1,356
Book Value Per Share	11.28	11.44	11.62	12.09	13.87	15.34
Tangible Book Value	1,192	1,167	1,232	1,328	1,524	1,684
Tangible Book Value Per Share	11.07	11.21	11.57	12.07	13.85	15.30
Buildings	-	-	5.61	5.61	5.61	5.61
Machinery	-	-	531.63	516.61	458.83	307.12
Construction In Progress	-	-	3.69	0.55	33.29	81.17

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