SHA:688788 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	251.8	735.19	1,339	1,538	1,704
Short-Term Investments	-	510	-	-	-
Cash & Short-Term Investments	251.8	1,245	1,339	1,538	1,704
Cash Growth	-79.78%	-7.04%	-12.92%	-9.73%	-8.94%
Accounts Receivable	596.63	591.01	742.13	793.45	973.85
Other Receivables	6.02	16.57	16.41	6	4.95
Receivables	602.65	607.59	758.54	799.45	978.8
Inventory	270.2	279.13	298.1	323.29	294.81
Other Current Assets	693.68	33.1	48.05	16.56	43.12
Total Current Assets	1,818	2,165	2,444	2,677	3,021
Property, Plant & Equipment	102.28	43.95	49.05	51.34	44.67
Goodwill	0.06	10.63	15.77	25.15	0.06
Other Intangible Assets	25.7	7.63	17.19	50.27	11.46
Long-Term Deferred Tax Assets	43.42	47.55	40.79	35.9	19.93
Long-Term Deferred Charges	29.38	26.96	0.09	-	-
Other Long-Term Assets	0.66	2.29	5.14	2.76	1.51
Total Assets	2,020	2,304	2,572	2,843	3,098
Accounts Payable	73.99	64.49	51.53	63.51	61.69
Accrued Expenses	20.82	39.67	26.23	35.49	28.17
Short-Term Debt	7.13	3.19	5.83	3.57	-
Current Portion of Long-Term Debt	10.2	-	-	-	-
Current Portion of Leases	-	9.97	10.78	13.38	9.12
Current Income Taxes Payable	4.19	0.12	0.13	-	-
Current Unearned Revenue	12.32	7.26	7.79	1.79	6.52
Other Current Liabilities	29.71	14.52	19.37	16.82	14.7
Total Current Liabilities	158.35	139.23	121.66	134.55	120.19
Long-Term Leases	28.28	5.72	8.89	13.95	9.95
Long-Term Deferred Tax Liabilities	0.39	0.58	0.78	0.95	-
Other Long-Term Liabilities	4.4	3.16	5.07	5.82	9.32
Total Liabilities	191.42	148.69	136.4	155.27	139.45
Common Stock	156.87	105.75	105.75	105.75	75.53
Additional Paid-In Capital	2,091	2,154	2,163	2,159	2,189
Retained Earnings	-338.54	-47.4	220.77	424.03	696.23
Treasury Stock	-78	-37.42	-34.93	-	-
Total Common Equity	1,831	2,175	2,455	2,689	2,961
Minority Interest	-2.49	-20.07	-19.23	-1.29	-2.33
Shareholders' Equity	1,828	2,155	2,436	2,688	2,959
Total Liabilities & Equity	2,020	2,304	2,572	2,843	3,098
Total Debt	45.6	18.89	25.49	30.89	19.06
Net Cash (Debt)	206.2	1,226	1,314	1,507	1,685
Net Cash Growth	-83.19%	-6.67%	-12.82%	-10.54%	-7.63%
Net Cash Per Share	1.32	7.86	8.35	9.57	10.69
Filing Date Shares Outstanding	155.06	156.07	156.2	157.56	157.56
Total Common Shares Outstanding	155.06	156.07	156.2	157.56	157.56
Working Capital	1,660	2,026	2,323	2,543	2,900
Book Value Per Share	11.81	13.94	15.72	17.07	18.79
Tangible Book Value	1,805	2,157	2,422	2,613	2,950
Tangible Book Value Per Share	11.64	13.82	15.51	16.59	18.72
Machinery	-	73.98	62.26	46.81	40.78
Order Backlog	-	408	-	-	-

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