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	-	1,074	1,751	1,265	77.74
Short-Term Investments	-	54.33	-	-	-
Trading Asset Securities	-	2,080	2,250	3,464	-
Cash & Short-Term Investments	2,222	3,208	4,001	4,729	77.74
Cash Growth	-30.73%	-19.81%	-15.39%	5982.99%	-37.79%
Accounts Receivable	-	445.68	197.72	220.1	128.63
Other Receivables	-	24.17	20.43	19.97	2.6
Receivables	-	469.85	218.15	240.07	131.23
Inventory	-	832.55	827.79	605.47	223.57
Prepaid Expenses	-	-	-	3.58	-
Other Current Assets	-	177.42	252.08	146.06	87.01
Total Current Assets	-	4,688	5,299	5,724	519.54
Property, Plant & Equipment	-	1,517	1,291	556.58	232.78
Long-Term Investments	-	386.8	280.54	148.22	-
Goodwill	-	504.14	-	-	38.09
Other Intangible Assets	-	393.85	48.6	32.18	21.82
Long-Term Deferred Tax Assets	-	25.88	23.58	26.58	2.79
Long-Term Deferred Charges	-	20.36	13.45	8.4	7.19
Other Long-Term Assets	-	137.84	200.51	354.54	18.58
Total Assets	-	7,674	7,156	6,850	840.8
Accounts Payable	-	184.12	68.07	68.88	37.38
Accrued Expenses	-	195.04	103.3	115.35	44.3
Short-Term Debt	-	-	243.19	20.35	93.73
Current Portion of Long-Term Debt	-	62.38	20.91	1	8.51
Current Portion of Leases	-	7.82	15.55	16.44	8.67
Current Income Taxes Payable	-	3.67	0.32	0.46	3.99
Current Unearned Revenue	-	16.14	16.5	22.28	28.08
Other Current Liabilities	-	287.89	115.69	81.92	41.68
Total Current Liabilities	-	757.06	583.54	326.67	266.35
Long-Term Debt	-	763.14	330.42	7.01	-
Long-Term Leases	-	6.43	6.12	5.74	10.71
Long-Term Unearned Revenue	-	31.24	16.42	12.51	7.24
Long-Term Deferred Tax Liabilities	-	48.52	-	-	0.79
Other Long-Term Liabilities	-	120.07	12.29	-	-
Total Liabilities	-	1,726	948.79	351.94	285.1
Common Stock	-	142.53	142.53	101.06	75.8
Additional Paid-In Capital	-	6,161	6,206	5,953	199.88
Retained Earnings	-	-345.33	57.55	443.74	274.06
Treasury Stock	-	-14.91	-200.11	-	-
Comprehensive Income & Other	-	-0.64	0.11	-	-
Total Common Equity	5,875	5,942	6,207	6,497	549.73
Minority Interest	-	4.77	1.02	1.02	5.98
Shareholders' Equity	5,880	5,947	6,208	6,499	555.71
Total Liabilities & Equity	-	7,674	7,156	6,850	840.8
Total Debt	886.11	839.77	616.2	50.54	121.62
Net Cash (Debt)	1,336	2,369	3,385	4,678	-43.88
Net Cash Growth	-43.59%	-30.02%	-27.65%	-	-
Net Cash Per Share	-	16.81	23.83	36.01	-0.41
Filing Date Shares Outstanding	-	135.81	140.94	141.49	106.12
Total Common Shares Outstanding	-	135.81	140.94	141.49	106.12
Working Capital	-	3,931	4,715	5,397	253.19
Book Value Per Share	41.36	43.76	44.04	45.92	5.18
Tangible Book Value	5,020	5,044	6,158	6,465	489.82
Tangible Book Value Per Share	35.34	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.