SHA:688018 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	1,046	1,025	673.88	464.01	350.68	367.15
Short-Term Investments	724.33	950.4	212.59	94.51	190.83	170
Trading Asset Securities	959.22	876.01	-	90.32	461.22	747.41
Cash & Short-Term Investments	2,730	2,851	886.48	648.83	1,003	1,285
Cash Growth	161.37%	221.63%	36.63%	-35.29%	-21.94%	-5.62%
Accounts Receivable	467.88	363.64	357.03	293.72	200.64	318.42
Other Receivables	35.41	56.55	32.48	13.51	37.32	43.29
Receivables	509.73	427.09	393.89	311.95	237.95	361.72
Inventory	841.84	627.64	485.62	242.35	448.98	326.17
Other Current Assets	44.53	28.95	19.51	12.56	19.24	14.95
Total Current Assets	4,126	3,935	1,785	1,216	1,709	1,987
Property, Plant & Equipment	597.16	585.91	119.12	92.34	81.94	67.91
Long-Term Investments	311.3	294.4	478.73	823.98	267.7	56.6
Goodwill	74.65	74.65	74.65	-	-	-
Other Intangible Assets	24.57	26.66	30.85	1.63	2.41	3.19
Long-Term Deferred Tax Assets	111.27	108.49	101.16	60.81	15.27	6.37
Long-Term Deferred Charges	35.36	22.75	19.45	9.34	6.57	7.58
Other Long-Term Assets	-	-	40	-	-	-
Total Assets	5,280	5,048	2,649	2,204	2,083	2,129

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	208.8	187.53	160.74	79.84	77.92	138.57
Accrued Expenses	115.8	160.13	140.24	102.84	90.24	72.61
Short-Term Debt	-	-	0.5	-	-	-
Current Portion of Leases	8.23	6.94	11.71	8.59	9.61	8.64
Current Income Taxes Payable	0.02	0.07	5.52	0.01	0.01	0.03
Current Unearned Revenue	39.54	23.38	20.88	13.32	9.04	17.18
Other Current Liabilities	15.85	38.48	13.55	12.03	3.7	0.75
Total Current Liabilities	388.24	416.53	353.14	216.63	190.53	237.79
Long-Term Leases	25.59	23.7	14.8	8.45	12.84	12.12
Long-Term Deferred Tax Liabilities	128.01	117.01	101.53	65.09	52.75	56.13
Other Long-Term Liabilities	0.61	0.64	0.62	0.63	-	-
Total Liabilities	542.46	557.88	470.1	290.8	256.12	306.04

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	234.38	167.14	112.2	80.79	80.48	80.16
Additional Paid-In Capital	2,931	3,041	1,351	1,359	1,310	1,267
Retained Earnings	1,551	1,301	869.46	596.6	460.4	491.8
Treasury Stock	-2.43	-67.43	-208.68	-146.97	-40.97	-
Comprehensive Income & Other	-8.87	17.64	25.62	24.07	16.95	-15.71
Total Common Equity	4,706	4,459	2,150	1,913	1,827	1,823
Minority Interest	32.42	31.36	29.39	-	-	-
Shareholders' Equity	4,738	4,490	2,179	1,913	1,827	1,823
Total Liabilities & Equity	5,280	5,048	2,649	2,204	2,083	2,129

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	33.82	30.65	27.01	17.05	22.45	20.76
Net Cash (Debt)	2,696	2,821	859.47	631.79	980.29	1,264
Net Cash Growth	301.80%	228.18%	36.04%	-35.55%	-22.43%	-7.14%
Net Cash Per Share	11.69	12.69	3.97	2.86	4.45	5.70
Filing Date Shares Outstanding	234.29	232.41	215.5	214.75	219.62	219.96
Total Common Shares Outstanding	234.29	232.41	215.5	214.75	219.62	219.96
Working Capital	3,738	3,518	1,432	999.07	1,518	1,750
Book Value Per Share	20.08	19.18	9.98	8.91	8.32	8.29
Tangible Book Value	4,606	4,357	2,044	1,911	1,824	1,820
Tangible Book Value Per Share	19.66	18.75	9.49	8.90	8.31	8.27
Buildings	412.66	412.66	-	-	-	-
Machinery	316.27	278.05	194.54	153.12	118.33	86.7