SHA:688052 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,821	2,581	1,074	1,751	1,265	77.74
Short-Term Investments	-	-	54.33	-	-	-
Trading Asset Securities	498.41	1,124	2,080	2,250	3,464	-
Cash & Short-Term Investments	3,319	3,705	3,208	4,001	4,729	77.74
Cash Growth	15.65%	15.50%	-19.81%	-15.39%	5982.99%	-37.79%
Accounts Receivable	796.68	684.78	445.68	197.72	220.1	128.63
Other Receivables	30.55	30.69	24.17	20.43	19.97	2.6
Receivables	827.23	715.47	469.85	218.15	240.07	131.23
Inventory	1,610	1,476	832.55	827.79	605.47	223.57
Prepaid Expenses	-	-	-	-	3.58	-
Other Current Assets	182.71	280.72	177.42	252.08	146.06	87.01
Total Current Assets	5,939	6,178	4,688	5,299	5,724	519.54
Property, Plant & Equipment	1,918	1,843	1,517	1,291	556.58	232.78
Long-Term Investments	578.42	621.06	386.8	280.54	148.22	-
Goodwill	545.47	545.47	504.14	-	-	38.09
Other Intangible Assets	375.22	391.82	393.85	48.6	32.18	21.82
Long-Term Deferred Tax Assets	41.71	43.1	25.88	23.58	26.58	2.79
Long-Term Deferred Charges	15.75	13.39	20.36	13.45	8.4	7.19
Other Long-Term Assets	124.65	45.86	137.84	200.51	354.54	18.58
Total Assets	9,538	9,681	7,674	7,156	6,850	840.8
Accounts Payable	475.55	295.24	184.12	68.07	68.88	37.38
Accrued Expenses	101.24	322.34	195.04	103.3	115.35	44.3
Short-Term Debt	29.9	43.15	-	243.19	20.35	93.73
Current Portion of Long-Term Debt	90.7	72.39	62.38	20.91	1	8.51
Current Portion of Leases	-	8.68	7.82	15.55	16.44	8.67
Current Income Taxes Payable	15.16	0.74	3.67	0.32	0.46	3.99
Current Unearned Revenue	34.31	33.19	16.14	16.5	22.28	28.08
Other Current Liabilities	81.28	276.18	287.89	115.69	81.92	41.68
Total Current Liabilities	828.16	1,052	757.06	583.54	326.67	266.35
Long-Term Debt	934.96	851.51	791.42	330.42	7.01	-
Long-Term Leases	8.95	10.89	6.43	6.12	5.74	10.71
Long-Term Unearned Revenue	39.18	40.08	31.24	16.42	12.51	7.24
Long-Term Deferred Tax Liabilities	53.31	54.69	48.52	-	-	0.79
Other Long-Term Liabilities	57.83	57.64	91.78	12.29	-	-
Total Liabilities	1,922	2,067	1,726	948.79	351.94	285.1
Common Stock	162.62	161.6	142.53	142.53	101.06	75.8
Additional Paid-In Capital	8,259	8,137	6,161	6,206	5,953	199.88
Retained Earnings	-609.94	-574.2	-345.33	57.55	443.74	274.06
Treasury Stock	-215.01	-127.66	-14.91	-200.11	-	-
Comprehensive Income & Other	-0.56	0.12	-0.64	0.11	-	-
Total Common Equity	7,596	7,597	5,942	6,207	6,497	549.73
Minority Interest	19.98	17.58	4.77	1.02	1.02	5.98
Shareholders' Equity	7,616	7,615	5,947	6,208	6,499	555.71
Total Liabilities & Equity	9,538	9,681	7,674	7,156	6,850	840.8
Total Debt	1,065	986.62	868.06	616.2	50.54	121.62
Net Cash (Debt)	2,255	2,719	2,340	3,385	4,678	-43.88
Net Cash Growth	13.13%	16.18%	-30.86%	-27.65%	-	-
Net Cash Per Share	-	-	16.61	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	5,111	5,126	3,931	4,715	5,397	253.19
Book Value Per Share	-	-	43.76	44.04	45.92	5.18
Tangible Book Value	6,675	6,660	5,044	6,158	6,465	489.82
Tangible Book Value Per Share	-	-	37.14	43.69	45.69	4.62
Buildings	-	741.33	734.87	-	-	-
Machinery	-	1,372	970.16	713.49	413.16	211.66
Construction In Progress	-	122.47	46.97	697.26	191.36	34.55

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