SHA:688798 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	1,366	888.87	1,004	1,365	1,682	1,976
Short-Term Investments	-	108.81	-	236.89	-	-
Trading Asset Securities	2,731	1,627	1,551	1,126	609.61	1,067
Cash & Short-Term Investments	4,097	2,624	2,554	2,728	2,291	3,043
Cash Growth	54.84%	2.74%	-6.38%	19.08%	-24.71%	1212.24%
Accounts Receivable	165.08	129.39	73.67	61.66	48.73	34.33
Other Receivables	9.18	3.98	6.71	10.94	14.01	76
Receivables	174.27	133.37	80.37	72.6	62.74	110.33
Inventory	673.93	654	591.36	674.75	879.43	481.56
Other Current Assets	150.5	72.75	47.24	82.24	101.96	30.79
Total Current Assets	5,095	3,484	3,273	3,558	3,335	3,666
Property, Plant & Equipment	1,269	1,189	1,094	801.26	798.66	619.51
Long-Term Investments	498.63	175.07	278.47	238.41	340.88	79.71
Other Intangible Assets	304.74	308.29	313.76	96.72	33.23	14.81
Long-Term Deferred Tax Assets	111.63	115.41	103.9	87.15	49.72	18.49
Long-Term Deferred Charges	8.2	10.05	20.85	33.92	50.52	41.7
Other Long-Term Assets	21.14	19.97	4.19	120.3	120.25	12.48
Total Assets	7,308	5,302	5,088	4,936	4,729	4,452
Accounts Payable	437.79	438.23	290.28	422.93	280.09	356.87
Accrued Expenses	158.01	153.3	141.16	77.55	112.66	155.21
Short-Term Debt	-	199.85	190.1	326.08	519.44	65.34
Current Portion of Long-Term Debt	72.91	64.27	238.06	16.15	14.77	6.59
Current Portion of Leases	-	7.87	11.06	11.07	16.4	9.38
Current Income Taxes Payable	8.33	0.16	0.08	0.01	0.44	0.96
Current Unearned Revenue	82.46	116.75	127.57	95.25	85.4	22.19
Other Current Liabilities	30.78	13.6	11.17	10.88	19.91	30.16
Total Current Liabilities	790.28	994.04	1,009	959.92	1,049	646.69
Long-Term Debt	2,168	77.99	142.18	330.08	121.7	57.37
Long-Term Leases	6.61	2.97	4.33	5.88	15.93	12.96
Long-Term Unearned Revenue	7.1	4.58	6.01	13.95	5.37	7.5
Long-Term Deferred Tax Liabilities	-	-	3.38	3.91	1.15	0.05
Other Long-Term Liabilities	26.2	26.21	-	-	0.03	-
Total Liabilities	2,998	1,106	1,165	1,314	1,193	724.58
Common Stock	233.13	233.13	232.67	232.01	166	166
Additional Paid-In Capital	3,126	3,119	3,088	3,125	3,163	3,084
Retained Earnings	854.27	803.21	562.98	319.69	268.68	454.86
Treasury Stock	-	-	-	-100.04	-94.7	-
Comprehensive Income & Other	96.8	40.78	39.27	45.84	32.28	23.33
Shareholders' Equity	4,311	4,196	3,923	3,622	3,535	3,728
Total Liabilities & Equity	7,308	5,302	5,088	4,936	4,729	4,452
Total Debt	2,247	352.95	585.73	689.26	688.24	151.63
Net Cash (Debt)	1,850	2,271	1,969	2,039	1,603	2,891
Net Cash Growth	-8.04%	15.38%	-3.46%	27.21%	-44.56%	6940.45%
Net Cash Per Share	7.91	9.74	8.50	8.79	6.86	14.97
Filing Date Shares Outstanding	232.07	233.13	232.67	232.01	232.4	232.4
Total Common Shares Outstanding	232.07	233.13	232.67	232.01	232.4	232.4
Working Capital	4,305	2,490	2,264	2,598	2,286	3,019
Book Value Per Share	18.57	18.00	16.86	15.61	15.21	16.04
Tangible Book Value	4,006	3,888	3,609	3,525	3,502	3,713
Tangible Book Value Per Share	17.26	16.68	15.51	15.19	15.07	15.98
Buildings	-	513.66	513.66	406.25	265.4	169.45
Machinery	-	590.57	568.12	544.42	492	346.81
Construction In Progress	-	476.5	310.94	60.02	149.22	156.62

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