SHA:688047 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	-	448.91	498.37	696.34	306.33
Trading Asset Securities	-	516.07	951.54	1,185	-
Cash & Short-Term Investments	516.4	964.98	1,450	1,881	306.33
Cash Growth	-46.49%	-33.45%	-22.93%	514.11%	-43.83%
Accounts Receivable	-	511.2	537.53	678.97	495.8
Other Receivables	-	15.53	68.47	27.06	17.62
Receivables	-	526.73	606	706.04	513.42
Inventory	-	899.72	968.22	745.64	437.44
Prepaid Expenses	-	-	0.01	1.87	4.72
Other Current Assets	-	209.76	243.31	306.77	102.79
Total Current Assets	-	2,601	3,267	3,642	1,365
Property, Plant & Equipment	-	312.14	333.46	350.57	347.91
Long-Term Investments	-	30.44	28.32	16.69	14.06
Other Intangible Assets	-	254.24	221.87	99.2	118.41
Long-Term Deferred Tax Assets	-	135.78	110.9	53.88	30.12
Long-Term Deferred Charges	-	156.29	138.66	191.12	109.26
Other Long-Term Assets	-	7.4	11.43	15.33	5.01
Total Assets	-	3,497	4,112	4,368	1,989
Accounts Payable	-	139.32	105.02	147.77	139.03
Accrued Expenses	-	179.78	184.27	157.56	158.01
Short-Term Debt	-	-	90.6	-	-
Current Portion of Leases	-	4.71	8.45	8.98	6.84
Current Income Taxes Payable	-	0.13	1.12	0.87	10.56
Current Unearned Revenue	-	35.68	35.65	16.64	27.27
Other Current Liabilities	-	25.73	17.61	17.49	23.74
Total Current Liabilities	-	385.36	442.71	349.32	365.44
Long-Term Leases	-	1.79	2.97	11.52	13.01
Long-Term Unearned Revenue	-	171.72	100.12	100.54	203.58
Long-Term Deferred Tax Liabilities	-	2.22	17.36	16.44	15.17
Total Liabilities	-	561.09	563.16	477.82	597.2
Common Stock	-	401	401	401	360
Additional Paid-In Capital	-	3,143	3,119	3,095	692.31
Retained Earnings	-	-559.43	66.32	390.4	338.65
Treasury Stock	-	-45.08	-33.07	-	-
Comprehensive Income & Other	-	-2.96	-4.32	3.99	1.32
Total Common Equity	2,556	2,936	3,549	3,891	1,392
Shareholders' Equity	2,556	2,936	3,549	3,891	1,392
Total Liabilities & Equity	-	3,497	4,112	4,368	1,989
Total Debt	52.65	6.49	102.02	20.5	19.85
Net Cash (Debt)	463.75	958.49	1,348	1,861	286.48
Net Cash Growth	-51.62%	-28.89%	-27.56%	549.52%	-47.47%
Net Cash Per Share	1.16	2.39	3.35	5.03	0.80
Filing Date Shares Outstanding	400.31	400.47	400.61	401	360
Total Common Shares Outstanding	400.47	400.47	400.61	401	360
Working Capital	-	2,216	2,825	3,292	999.27
Book Value Per Share	6.38	7.33	8.86	9.70	3.87
Tangible Book Value	2,248	2,682	3,327	3,791	1,274
Tangible Book Value Per Share	5.61	6.70	8.30	9.45	3.54
Buildings	-	200.88	179.73	176.04	176.04
Machinery	-	335.45	315.16	280.12	237.14
Construction In Progress	-	3.93	7.29	5.91	1.88

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