SHA:688028 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	-	264.73	236.88	454.44	306.47
Cash & Short-Term Investments	191.17	264.73	236.88	454.44	306.47
Cash Growth	-27.79%	11.76%	-47.87%	48.28%	-27.18%
Accounts Receivable	-	224.87	243.55	195.67	100.66
Other Receivables	-	2.42	0.28	1.88	0.33
Receivables	-	227.29	243.84	197.55	100.99
Inventory	-	299.16	272.26	191.27	98.71
Other Current Assets	-	24.92	36.95	28.39	9.48
Total Current Assets	-	816.11	789.93	871.65	515.65
Property, Plant & Equipment	-	929.63	790.2	675.17	312.03
Long-Term Investments	-	33.88	30.8	14.77	9.86
Goodwill	-	391.99	392.57	393.5	-
Other Intangible Assets	-	73.54	74.68	77.1	46.43
Long-Term Deferred Tax Assets	-	10.19	6.15	2.98	1.54
Long-Term Deferred Charges	-	6.12	5.91	1.93	0.44
Other Long-Term Assets	-	6.08	42.68	24.91	45.47
Total Assets	-	2,268	2,133	2,062	931.42
Accounts Payable	-	53.06	60.38	41.68	18.93
Accrued Expenses	-	41.52	36.6	33.6	24.88
Short-Term Debt	-	40.47	12.91	21.44	-
Current Portion of Long-Term Debt	-	70.95	5.01	-	-
Current Portion of Leases	-	0.52	0.35	4.98	1.03
Current Income Taxes Payable	-	7.54	7.58	6.23	1.2
Current Unearned Revenue	-	3.24	3.44	2.89	1.91
Other Current Liabilities	-	18.46	20.17	19	15.87
Total Current Liabilities	-	235.77	146.43	129.81	63.83
Long-Term Debt	-	9.89	-	-	-
Long-Term Leases	-	0.78	1.14	0.02	1.11
Long-Term Unearned Revenue	-	55.29	49.33	38.31	3.42
Long-Term Deferred Tax Liabilities	-	6.38	9.87	11.51	-
Other Long-Term Liabilities	-	8.93	10.37	1.48	-
Total Liabilities	-	317.04	217.15	181.13	68.36
Common Stock	-	152	153.41	109.58	80
Additional Paid-In Capital	-	1,422	1,451	1,495	555.1
Retained Earnings	-	385.95	339.97	275.59	227.97
Treasury Stock	-	-10.38	-29.91	-	-
Comprehensive Income & Other	-	0.19	0.26	0.2	-
Total Common Equity	1,961	1,950	1,915	1,880	863.06
Minority Interest	-	0.28	1.09	0.74	-
Shareholders' Equity	1,961	1,950	1,916	1,881	863.06
Total Liabilities & Equity	-	2,268	2,133	2,062	931.42
Total Debt	93.76	122.62	19.41	26.43	2.14
Net Cash (Debt)	97.41	142.12	217.47	428.01	304.33
Net Cash Growth	-31.46%	-34.65%	-49.19%	40.64%	-27.69%
Net Cash Per Share	0.64	0.94	1.42	3.50	2.71
Filing Date Shares Outstanding	150.95	151.42	152	153.41	112
Total Common Shares Outstanding	150.95	151.42	152	153.41	112
Working Capital	-	580.34	643.5	741.85	451.82
Book Value Per Share	12.99	12.88	12.60	12.26	7.71
Tangible Book Value	1,499	1,485	1,447	1,410	816.63
Tangible Book Value Per Share	9.93	9.81	9.52	9.19	7.29
Buildings	-	218.95	120.87	119.56	75.15
Machinery	-	1,036	816.44	690.27	310.96
Construction In Progress	-	80.7	170.47	106.44	60.13

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