SHA:688786 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	160.31	175.36	91.19	185.81	336.21	221.04
Trading Asset Securities	26	-	10	3.21	0.03	90.68
Cash & Short-Term Investments	186.3	175.36	101.19	189.02	336.23	311.72
Cash Growth	44.31%	73.29%	-46.46%	-43.79%	7.86%	1539.10%
Accounts Receivable	146.45	149.81	139.41	112.33	116.44	160.51
Other Receivables	1.29	1.46	14.82	7.69	5.45	0.72
Receivables	147.73	151.27	154.23	120.02	121.89	161.23
Inventory	103.55	92.22	103.57	104.86	91.61	76.5
Other Current Assets	28.46	34.02	5.19	4.23	4.63	2.9
Total Current Assets	466.05	452.87	364.18	418.13	554.36	552.35
Property, Plant & Equipment	552.26	554.24	460.54	376.29	288.28	146.07
Long-Term Investments	9.59	9.73	8.84	16.81	2	-
Goodwill	0.51	0.51	0.51	0.98	1.87	1.87
Other Intangible Assets	52.46	52.96	51.92	26.24	23.92	33.1
Long-Term Deferred Tax Assets	4.56	4.93	3.05	2.96	2.6	2.36
Long-Term Deferred Charges	0.24	0.28	0.41	0.08	0.05	0.1
Other Long-Term Assets	3.69	2.89	18.26	34.13	9.68	16.56
Total Assets	1,089	1,078	907.71	875.61	882.76	752.42
Accounts Payable	79.41	87	18.77	18.42	57.98	24.75
Accrued Expenses	7.2	10.43	15.54	14.73	18.85	15.25
Short-Term Debt	7.75	6.17	-	0.81	4	-
Current Portion of Long-Term Debt	49.34	37.84	36.07	23.33	0.8	-
Current Portion of Leases	-	-	0.24	0.15	0.22	0.4
Current Income Taxes Payable	10.16	12.47	2.96	4.22	2.11	8.91
Current Unearned Revenue	0.82	2.05	0.3	1.43	0.77	1.72
Other Current Liabilities	30.24	37.73	60.33	40.3	63.33	28.67
Total Current Liabilities	184.92	193.68	134.21	103.39	148.06	79.7
Long-Term Debt	82	88.11	42.16	49.05	52.07	47.07
Long-Term Leases	0.23	0.28	0.51	0.09	0.11	0.33
Long-Term Unearned Revenue	13.33	14.19	8.99	7.36	8.07	7.73
Long-Term Deferred Tax Liabilities	4.21	4.39	5.15	5.91	6.26	2.86
Other Long-Term Liabilities	-	-	-	0.04	-	-
Total Liabilities	284.69	300.64	191.01	165.83	214.57	137.69
Common Stock	143.8	143.8	119.83	85.6	85.44	85.44
Additional Paid-In Capital	309.3	305.57	322.46	366.1	352.72	348.28
Retained Earnings	341.32	322.12	269.25	250.32	221.77	173.41
Comprehensive Income & Other	0.68	0.16	-0.81	-0.68	-0.77	-0.87
Total Common Equity	795.1	771.64	710.74	701.34	659.16	606.26
Minority Interest	9.57	6.12	5.96	8.44	9.02	8.47
Shareholders' Equity	804.67	777.77	716.71	709.78	668.18	614.73
Total Liabilities & Equity	1,089	1,078	907.71	875.61	882.76	752.42
Total Debt	139.31	132.39	78.98	73.44	57.2	47.79
Net Cash (Debt)	46.99	42.96	22.21	115.57	279.03	263.93
Net Cash Growth	14.48%	93.41%	-80.78%	-58.58%	5.72%	-
Net Cash Per Share	0.32	0.30	0.16	0.81	1.95	2.21
Filing Date Shares Outstanding	147.69	143.8	143.8	143.8	143.54	143.54
Total Common Shares Outstanding	147.69	143.8	143.8	143.8	143.54	143.54
Working Capital	281.13	259.19	229.97	314.74	406.3	472.65
Book Value Per Share	5.38	5.37	4.94	4.88	4.59	4.22
Tangible Book Value	742.13	718.17	658.31	674.13	633.38	571.29
Tangible Book Value Per Share	5.03	4.99	4.58	4.69	4.41	3.98
Buildings	-	-	252.74	155.07	65.19	57.78
Machinery	-	-	286.64	261.23	168.03	153.21
Construction In Progress	-	-	66.82	80.38	160.32	28.01

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