SHA:688016 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	2,003	2,171	2,967	976.89	1,243
Trading Asset Securities	100.37	-	-	-	-
Cash & Short-Term Investments	2,103	2,171	2,967	976.89	1,243
Cash Growth	-3.11%	-26.84%	203.71%	-21.42%	18.26%
Accounts Receivable	384.46	254.04	148.09	123.99	73.2
Other Receivables	3.52	0.84	1.03	0.86	0.71
Receivables	387.98	255.12	149.37	125.27	74.05
Inventory	272.3	266.4	210.89	155.97	106.92
Other Current Assets	38.69	48.04	38.06	36.2	34.42
Total Current Assets	2,802	2,740	3,365	1,294	1,459
Property, Plant & Equipment	712.48	411.76	335.32	225.84	117.12
Long-Term Investments	-	-	121.86	125.98	-
Goodwill	465.25	435.88	-	-	-
Other Intangible Assets	414.69	440.25	207.63	219.29	76.07
Long-Term Deferred Tax Assets	28.3	22.93	19.53	10.38	13.65
Long-Term Deferred Charges	202.78	185.98	173.99	97.42	78.7
Other Long-Term Assets	15.6	54.64	22.63	21.87	9.4
Total Assets	4,641	4,292	4,246	1,995	1,754
Accounts Payable	60.13	41.27	40.4	42.13	24.79
Accrued Expenses	58.8	154.27	137.32	78.07	95.14
Short-Term Debt	-	14	-	-	-
Current Portion of Long-Term Debt	10.61	-	-	-	-
Current Portion of Leases	-	12.89	11.38	9.09	8.84
Current Income Taxes Payable	47.78	10.78	27.34	9.66	10.71
Current Unearned Revenue	13.78	4.57	1.86	2.53	2.16
Other Current Liabilities	218.15	101.26	94.47	45.36	20.4
Total Current Liabilities	409.25	339.04	312.76	186.83	162.05
Long-Term Leases	4.37	13.97	24.37	32.09	36.97
Long-Term Unearned Revenue	75.56	59.1	37.88	27.25	24.61
Long-Term Deferred Tax Liabilities	42.38	49.36	-	-	-
Other Long-Term Liabilities	11.07	7.65	7.62	6.32	7.84
Total Liabilities	542.63	469.13	382.63	252.49	231.47
Common Stock	123.26	123.26	82.73	71.98	71.98
Additional Paid-In Capital	2,669	2,656	2,623	834.99	818.33
Retained Earnings	1,510	1,147	1,137	809.71	603.98
Treasury Stock	-240.11	-120	-	-	-
Comprehensive Income & Other	13.13	-13.71	1.59	1.99	-
Total Common Equity	4,075	3,792	3,844	1,719	1,494
Minority Interest	23.18	30.63	19.76	23.96	27.81
Shareholders' Equity	4,099	3,822	3,864	1,743	1,522
Total Liabilities & Equity	4,641	4,292	4,246	1,995	1,754
Total Debt	14.98	40.86	35.75	41.18	45.81
Net Cash (Debt)	2,088	2,130	2,931	935.71	1,197
Net Cash Growth	-1.96%	-27.34%	213.26%	-21.86%	13.90%
Net Cash Per Share	17.24	17.26	27.21	8.73	11.17
Filing Date Shares Outstanding	120.97	122.37	123.26	107.25	107.25
Total Common Shares Outstanding	120.97	122.37	123.26	107.25	107.25
Working Capital	2,393	2,401	3,052	1,108	1,297
Book Value Per Share	33.69	30.99	31.18	16.03	13.93
Tangible Book Value	3,195	2,916	3,636	1,499	1,418
Tangible Book Value Per Share	26.41	23.83	29.50	13.98	13.22
Buildings	-	49.79	50.05	48.34	45.97
Machinery	-	138.16	99.48	80.2	58.67
Construction In Progress	-	288.27	205.96	100.65	2.25

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