SHA:688053 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	-	222.52	308.3	167.52	48.9
Short-Term Investments	-	643	720	1,000	-
Cash & Short-Term Investments	481.19	865.52	1,028	1,168	48.9
Cash Growth	-44.41%	-15.83%	-11.92%	2287.37%	37.38%
Accounts Receivable	-	216.95	266.08	274.88	195.78
Other Receivables	-	5.94	5.36	6.1	0.78
Receivables	-	222.89	271.44	280.99	196.56
Inventory	-	18.51	7.77	4.28	5.85
Other Current Assets	-	49.17	30.15	18.11	4.77
Total Current Assets	-	1,156	1,338	1,471	256.08
Property, Plant & Equipment	-	591.03	443.03	199.48	130.26
Goodwill	-	2.52	2.52	2.52	2.52
Other Intangible Assets	-	10.88	12.25	5.88	6.56
Long-Term Deferred Tax Assets	-	22.63	13.12	5.18	1.99
Long-Term Deferred Charges	-	33.42	5.63	2.91	5.58
Other Long-Term Assets	-	5.45	26.53	47.48	5.87
Total Assets	-	1,822	1,841	1,734	408.87
Accounts Payable	-	84.53	32.03	18.6	16.36
Accrued Expenses	-	11.76	8.27	17.95	17.28
Short-Term Debt	-	-	-	4.99	37
Current Portion of Leases	-	11.13	11.39	4.73	3.59
Current Income Taxes Payable	-	0.15	2.86	2.02	8.34
Current Unearned Revenue	-	0.28	-	-	-
Other Current Liabilities	-	1.81	1.33	3.58	0.83
Total Current Liabilities	-	109.65	55.88	51.87	83.4
Long-Term Leases	-	45.38	41.6	6.04	5.36
Long-Term Unearned Revenue	-	0.29	0.31	-	-
Long-Term Deferred Tax Liabilities	-	15.93	16.7	8.61	2.28
Total Liabilities	-	171.26	114.48	66.52	91.05
Common Stock	-	100	100	100	75
Additional Paid-In Capital	-	1,266	1,266	1,266	38.84
Retained Earnings	-	291.64	343.36	301.48	203.97
Treasury Stock	-	-49.99	-30	-	-
Total Common Equity	1,609	1,608	1,680	1,668	317.82
Minority Interest	-	42.76	46.57	-	-
Shareholders' Equity	1,648	1,651	1,726	1,668	317.82
Total Liabilities & Equity	-	1,822	1,841	1,734	408.87
Total Debt	58.39	56.51	52.99	15.76	45.96
Net Cash (Debt)	422.8	809.01	975.31	1,152	2.95
Net Cash Growth	-47.74%	-17.05%	-15.32%	38960.35%	329.75%
Net Cash Per Share	4.35	8.09	9.79	13.48	0.04
Filing Date Shares Outstanding	144.41	98.58	99.07	100	75
Total Common Shares Outstanding	98.58	98.58	99.41	100	75
Working Capital	-	1,046	1,282	1,419	172.68
Book Value Per Share	16.32	16.31	16.90	16.68	4.24
Tangible Book Value	1,573	1,595	1,665	1,659	308.74
Tangible Book Value Per Share	15.95	16.18	16.75	16.59	4.12
Buildings	-	165.86	10.83	10.83	10.83
Machinery	-	493.3	358.53	222.75	147.37
Construction In Progress	-	1.65	110.77	11.36	1.21

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