SHA:688018 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	1,025	673.88	464.01	350.68	367.15
Short-Term Investments	950.4	212.59	94.51	190.83	170
Trading Asset Securities	876.01	-	90.32	461.22	747.41
Cash & Short-Term Investments	2,851	886.48	648.83	1,003	1,285
Cash Growth	221.63%	36.63%	-35.29%	-21.94%	-5.62%
Accounts Receivable	363.64	357.03	293.72	200.64	318.42
Other Receivables	56.55	32.48	13.51	37.32	43.29
Receivables	427.09	393.89	311.95	237.95	361.72
Inventory	627.64	485.62	242.35	448.98	326.17
Other Current Assets	28.95	19.51	12.56	19.24	14.95
Total Current Assets	3,935	1,785	1,216	1,709	1,987
Property, Plant & Equipment	585.91	119.12	92.34	81.94	67.91
Long-Term Investments	294.4	478.73	823.98	267.7	56.6
Goodwill	74.65	74.65	-	-	-
Other Intangible Assets	26.66	30.85	1.63	2.41	3.19
Long-Term Deferred Tax Assets	108.49	101.16	60.81	15.27	6.37
Long-Term Deferred Charges	22.75	19.45	9.34	6.57	7.58
Other Long-Term Assets	-	40	-	-	-
Total Assets	5,048	2,649	2,204	2,083	2,129
Accounts Payable	187.53	160.74	79.84	77.92	138.57
Accrued Expenses	160.13	140.24	102.84	90.24	72.61
Short-Term Debt	-	0.5	-	-	-
Current Portion of Leases	6.94	11.71	8.59	9.61	8.64
Current Income Taxes Payable	0.07	5.52	0.01	0.01	0.03
Current Unearned Revenue	23.38	20.88	13.32	9.04	17.18
Other Current Liabilities	38.48	13.55	12.03	3.7	0.75
Total Current Liabilities	416.53	353.14	216.63	190.53	237.79
Long-Term Leases	23.7	14.8	8.45	12.84	12.12
Long-Term Deferred Tax Liabilities	117.01	101.53	65.09	52.75	56.13
Other Long-Term Liabilities	0.64	0.62	0.63	-	-
Total Liabilities	557.88	470.1	290.8	256.12	306.04
Common Stock	167.14	112.2	80.79	80.48	80.16
Additional Paid-In Capital	3,041	1,351	1,359	1,310	1,267
Retained Earnings	1,301	869.46	596.6	460.4	491.8
Treasury Stock	-67.43	-208.68	-146.97	-40.97	-
Comprehensive Income & Other	17.64	25.62	24.07	16.95	-15.71
Total Common Equity	4,459	2,150	1,913	1,827	1,823
Minority Interest	31.36	29.39	-	-	-
Shareholders' Equity	4,490	2,179	1,913	1,827	1,823
Total Liabilities & Equity	5,048	2,649	2,204	2,083	2,129
Total Debt	30.65	27.01	17.05	22.45	20.76
Net Cash (Debt)	2,821	859.47	631.79	980.29	1,264
Net Cash Growth	228.18%	36.04%	-35.55%	-22.43%	-7.14%
Net Cash Per Share	17.77	5.56	4.01	6.23	7.98
Filing Date Shares Outstanding	166.01	153.93	153.39	156.87	157.11
Total Common Shares Outstanding	166.01	153.93	153.39	156.87	157.11
Working Capital	3,518	1,432	999.07	1,518	1,750
Book Value Per Share	26.86	13.97	12.47	11.64	11.60
Tangible Book Value	4,357	2,044	1,911	1,824	1,820
Tangible Book Value Per Share	26.25	13.28	12.46	11.63	11.58
Buildings	412.66	-	-	-	-
Machinery	278.05	194.54	153.12	118.33	86.7

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.