SHA:688017 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	-	1,525	969.33	729.33	641.75
Short-Term Investments	-	27.66	168.92	80.09	10.09
Trading Asset Securities	-	182.25	130.07	303.59	551.85
Cash & Short-Term Investments	2,022	1,735	1,268	1,113	1,204
Cash Growth	16.55%	36.76%	13.95%	-7.53%	-7.21%
Accounts Receivable	-	207.12	129.85	125.06	107.63
Other Receivables	-	2.17	2.59	10.57	5.1
Receivables	-	209.29	132.45	135.63	112.74
Inventory	-	245.57	253.97	249.37	179.22
Other Current Assets	-	15.6	11.47	26.67	17.99
Total Current Assets	-	2,205	1,666	1,525	1,514
Property, Plant & Equipment	-	494.36	490.45	489.51	431.13
Long-Term Investments	-	967.83	567.05	357.4	76.63
Other Intangible Assets	-	58.69	61.53	20.21	19.19
Long-Term Deferred Tax Assets	-	12.6	12.01	9.58	8.53
Long-Term Deferred Charges	-	7.92	6.41	4.66	3.95
Other Long-Term Assets	-	8.85	8.42	9.15	31.4
Total Assets	-	3,755	2,812	2,415	2,084
Accounts Payable	-	67.4	41.69	58.95	130.23
Accrued Expenses	-	13.46	15.99	19.82	13.99
Short-Term Debt	-	69.2	433.92	212.28	14.68
Current Portion of Long-Term Debt	-	40.03	100.06	-	-
Current Portion of Leases	-	0.15	0.14	0.19	0.19
Current Income Taxes Payable	-	2.08	3.66	6.43	4.57
Current Unearned Revenue	-	11.17	1.58	3.77	5.7
Other Current Liabilities	-	24.24	13.63	35.44	37.08
Total Current Liabilities	-	227.74	610.67	336.89	206.45
Long-Term Debt	-	39.63	124.19	99.07	-
Long-Term Leases	-	0.29	-	0.14	0.32
Long-Term Unearned Revenue	-	42.87	48.31	31.33	33.02
Long-Term Deferred Tax Liabilities	-	14.56	11.12	13.17	10.37
Total Liabilities	-	325.08	794.28	480.6	250.15
Common Stock	-	168.76	168.67	168.58	120.42
Additional Paid-In Capital	-	2,747	1,340	1,331	1,371
Retained Earnings	-	495.87	490.3	423.02	345.98
Comprehensive Income & Other	-	13.38	13.44	13.44	-
Total Common Equity	3,506	3,425	2,013	1,936	1,837
Minority Interest	-	4.9	5.26	-1.56	-2.66
Shareholders' Equity	3,512	3,430	2,018	1,935	1,834
Total Liabilities & Equity	-	3,755	2,812	2,415	2,084
Total Debt	30.34	149.29	658.31	311.69	15.19
Net Cash (Debt)	1,991	1,585	610.01	801.33	1,189
Net Cash Growth	25.62%	159.88%	-23.88%	-32.58%	-7.67%
Net Cash Per Share	10.57	9.36	3.62	4.75	7.05
Filing Date Shares Outstanding	188.33	168.76	168.67	168.58	168.58
Total Common Shares Outstanding	188.33	168.76	168.67	168.58	168.58
Working Capital	-	1,977	1,056	1,188	1,307
Book Value Per Share	19.13	20.30	11.93	11.48	10.90
Tangible Book Value	3,449	3,367	1,951	1,916	1,818
Tangible Book Value Per Share	18.81	19.95	11.57	11.36	10.78
Buildings	-	87.94	87.89	87.89	87.89
Machinery	-	546.49	482.44	396.76	343.65
Construction In Progress	-	89.18	98.43	140.79	99.26

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