SHA:688052 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	2,581	1,074	1,751	1,265	77.74
Short-Term Investments	-	54.33	-	-	-
Trading Asset Securities	1,124	2,080	2,250	3,464	-
Cash & Short-Term Investments	3,705	3,208	4,001	4,729	77.74
Cash Growth	15.50%	-19.81%	-15.39%	5982.99%	-37.79%
Accounts Receivable	684.78	445.68	197.72	220.1	128.63
Other Receivables	30.69	24.17	20.43	19.97	2.6
Receivables	715.47	469.85	218.15	240.07	131.23
Inventory	1,476	832.55	827.79	605.47	223.57
Prepaid Expenses	-	-	-	3.58	-
Other Current Assets	280.72	177.42	252.08	146.06	87.01
Total Current Assets	6,178	4,688	5,299	5,724	519.54
Property, Plant & Equipment	1,843	1,517	1,291	556.58	232.78
Long-Term Investments	540.02	386.8	280.54	148.22	-
Goodwill	545.47	504.14	-	-	38.09
Other Intangible Assets	391.82	393.85	48.6	32.18	21.82
Long-Term Deferred Tax Assets	43.1	25.88	23.58	26.58	2.79
Long-Term Deferred Charges	13.39	20.36	13.45	8.4	7.19
Other Long-Term Assets	126.9	137.84	200.51	354.54	18.58
Total Assets	9,681	7,674	7,156	6,850	840.8
Accounts Payable	466.84	184.12	68.07	68.88	37.38
Accrued Expenses	317.04	195.04	103.3	115.35	44.3
Short-Term Debt	43.15	-	243.19	20.35	93.73
Current Portion of Long-Term Debt	81.07	62.38	20.91	1	8.51
Current Portion of Leases	-	7.82	15.55	16.44	8.67
Current Income Taxes Payable	14.07	3.67	0.32	0.46	3.99
Current Unearned Revenue	33.19	16.14	16.5	22.28	28.08
Other Current Liabilities	96.57	287.89	115.69	81.92	41.68
Total Current Liabilities	1,052	757.06	583.54	326.67	266.35
Long-Term Debt	851.51	763.14	330.42	7.01	-
Long-Term Leases	10.89	6.43	6.12	5.74	10.71
Long-Term Unearned Revenue	40.08	31.24	16.42	12.51	7.24
Long-Term Deferred Tax Liabilities	54.69	48.52	-	-	0.79
Other Long-Term Liabilities	57.64	120.07	12.29	-	-
Total Liabilities	2,067	1,726	948.79	351.94	285.1
Common Stock	161.6	142.53	142.53	101.06	75.8
Additional Paid-In Capital	8,137	6,161	6,206	5,953	199.88
Retained Earnings	-574.2	-345.33	57.55	443.74	274.06
Treasury Stock	-127.66	-14.91	-200.11	-	-
Comprehensive Income & Other	0.12	-0.64	0.11	-	-
Total Common Equity	7,597	5,942	6,207	6,497	549.73
Minority Interest	17.58	4.77	1.02	1.02	5.98
Shareholders' Equity	7,615	5,947	6,208	6,499	555.71
Total Liabilities & Equity	9,681	7,674	7,156	6,850	840.8
Total Debt	986.62	839.77	616.2	50.54	121.62
Net Cash (Debt)	2,719	2,369	3,385	4,678	-43.88
Net Cash Growth	14.79%	-30.02%	-27.65%	-	-
Net Cash Per Share	19.01	16.81	23.83	36.01	-0.41
Filing Date Shares Outstanding	146.47	135.81	140.94	141.49	106.12
Total Common Shares Outstanding	146.47	135.81	140.94	141.49	106.12
Working Capital	5,126	3,931	4,715	5,397	253.19
Book Value Per Share	51.87	43.76	44.04	45.92	5.18
Tangible Book Value	6,660	5,044	6,158	6,465	489.82
Tangible Book Value Per Share	45.47	37.14	43.69	45.69	4.62
Buildings	-	734.87	-	-	-
Machinery	-	970.16	713.49	413.16	211.66
Construction In Progress	-	46.97	697.26	191.36	34.55

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