SHA:688019 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	-	897.66	532.01	329.32	332.63
Trading Asset Securities	-	44.68	61.13	168.72	219.38
Cash & Short-Term Investments	1,664	942.34	593.14	498.04	552.01
Cash Growth	76.63%	58.87%	19.10%	-9.78%	-33.76%
Accounts Receivable	-	392.77	282.01	237.57	178.09
Other Receivables	-	1.32	1.21	1.21	0.88
Receivables	-	394.08	283.22	238.78	178.97
Inventory	-	617.64	427.21	365.9	230.42
Other Current Assets	-	72.1	38.74	43.25	34.53
Total Current Assets	-	2,026	1,342	1,146	995.93
Property, Plant & Equipment	-	777.74	583.59	543.44	503.49
Long-Term Investments	-	339.08	314.11	208.94	100.52
Goodwill	-	-	7.39	-	-
Other Intangible Assets	-	79.36	80.23	33.76	12.25
Long-Term Deferred Tax Assets	-	46.12	44.35	45.23	41.72
Long-Term Deferred Charges	-	158.79	134.92	16.68	11.03
Other Long-Term Assets	-	24.52	96.51	53.6	7.29
Total Assets	-	3,452	2,603	2,048	1,672
Accounts Payable	-	143.33	80.5	85.72	80.79
Accrued Expenses	-	59.64	31.81	32.5	17.72
Short-Term Debt	-	130.1	9.87	30.03	15.89
Current Portion of Long-Term Debt	-	37.07	4.01	0.13	-
Current Portion of Leases	-	31.75	27.66	23.93	26.99
Current Income Taxes Payable	-	15.71	4.13	20.98	21.25
Current Unearned Revenue	-	39.69	30.76	181.83	168.43
Other Current Liabilities	-	9.28	4.23	1.71	1.14
Total Current Liabilities	-	466.57	192.96	376.84	332.2
Long-Term Debt	-	114.45	94.59	29.9	-
Long-Term Leases	-	82.2	82.85	98.96	116.9
Long-Term Unearned Revenue	-	83.65	102.03	18.51	21.98
Long-Term Deferred Tax Liabilities	-	3.93	6.92	1.84	-
Total Liabilities	-	750.8	479.36	526.05	471.07
Common Stock	-	129.21	99.07	74.7	53.22
Additional Paid-In Capital	-	1,068	1,019	791.59	779.52
Retained Earnings	-	1,523	1,023	652.67	368.21
Treasury Stock	-	-19.75	-19.75	-	-
Comprehensive Income & Other	-	0.62	2.73	2.59	0.21
Shareholders' Equity	3,336	2,701	2,124	1,522	1,201
Total Liabilities & Equity	-	3,452	2,603	2,048	1,672
Total Debt	1,116	395.58	218.98	182.95	159.77
Net Cash (Debt)	548.59	546.76	374.16	315.08	392.24
Net Cash Growth	0.33%	46.13%	18.75%	-19.67%	-51.65%
Net Cash Per Share	3.26	3.26	2.24	1.92	2.40
Filing Date Shares Outstanding	168.56	167.82	167.22	166.92	163.7
Total Common Shares Outstanding	168.56	167.82	167.22	164.12	163.7
Working Capital	-	1,560	1,149	769.12	663.73
Book Value Per Share	19.79	16.09	12.70	9.27	7.34
Tangible Book Value	3,260	2,622	2,036	1,488	1,189
Tangible Book Value Per Share	19.34	15.62	12.18	9.07	7.26
Buildings	-	105.3	53.43	53.43	51.83
Machinery	-	640.81	419.46	305.11	283.99
Construction In Progress	-	166.53	178.71	192.46	111.44

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