SHA:688059 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	195.38	-	136.49	80.7	213.62	157.96
Trading Asset Securities	135.47	-	72.14	70.54	230.39	140.58
Cash & Short-Term Investments	330.84	229.34	208.63	151.23	444.01	298.55
Cash Growth	148.48%	9.93%	37.95%	-65.94%	48.72%	1115.37%
Accounts Receivable	750.99	-	510.39	487.33	232.4	156.39
Other Receivables	3.35	-	1.02	0.53	2.53	3.31
Receivables	754.34	-	511.41	487.86	234.93	159.7
Inventory	612.79	-	396.99	308.3	148.18	88.43
Prepaid Expenses	-	-	8.65	11.81	26.26	1.54
Other Current Assets	281.75	-	6.83	6.81	6.72	5.8
Total Current Assets	1,980	-	1,133	966.01	860.1	554.02
Property, Plant & Equipment	1,195	-	1,322	1,105	881.53	501.61
Other Intangible Assets	20.22	-	22.99	24.96	23.93	19.39
Long-Term Deferred Tax Assets	21.22	-	27.09	28.09	18.3	7.63
Long-Term Deferred Charges	2.12	-	4.06	5.61	3.64	3.41
Other Long-Term Assets	0.32	-	20.31	81.01	107.88	63.35
Total Assets	3,236	-	2,529	2,210	1,895	1,149
Accounts Payable	298.06	-	211.84	217.67	178.61	80.66
Accrued Expenses	15.57	-	22.23	24.46	19.75	18.18
Short-Term Debt	215.5	-	259.6	70.06	74.08	-
Current Portion of Long-Term Debt	1.28	-	48.44	14.73	7.22	-
Current Portion of Leases	-	-	1.2	1.13	1.07	0.79
Current Income Taxes Payable	56.94	-	0.04	-	-	5.83
Current Unearned Revenue	37.39	-	3.88	5.04	4.3	2.57
Other Current Liabilities	260.63	-	78.01	124.3	71.55	79.49
Total Current Liabilities	885.37	-	625.24	457.4	356.59	187.52
Long-Term Debt	-	-	416.75	350.37	316.89	-
Long-Term Leases	9.75	-	11.34	12.54	13.67	11.76
Long-Term Unearned Revenue	11.31	-	9.33	10.08	10.85	11.41
Long-Term Deferred Tax Liabilities	103.47	-	97.98	85.93	51.68	20.72
Other Long-Term Liabilities	54.35	-	36.83	37.65	31.65	28.8
Total Liabilities	1,064	-	1,197	953.95	781.33	260.21
Common Stock	99.99	-	62.26	61.85	44.01	44.01
Additional Paid-In Capital	1,203	-	572.99	555.82	536.34	530.84
Retained Earnings	868.25	-	590.04	532.56	427.46	314.36
Comprehensive Income & Other	-0.01	-	106.21	106.22	106.25	-
Shareholders' Equity	2,171	1,432	1,331	1,256	1,114	889.21
Total Liabilities & Equity	3,236	-	2,529	2,210	1,895	1,149
Total Debt	226.53	698.84	737.33	448.83	412.93	12.55
Net Cash (Debt)	104.32	-469.49	-528.7	-297.6	31.07	286
Net Cash Growth	-	-	-	-	-89.14%	-
Net Cash Per Share	1.16	-5.35	-6.11	-3.45	0.36	3.46
Filing Date Shares Outstanding	95.73	93.57	87.16	86.59	86.26	86.26
Total Common Shares Outstanding	95.73	93.57	87.16	86.59	86.26	86.26
Working Capital	1,094	-	507.27	508.61	503.51	366.5
Book Value Per Share	22.68	16.43	15.28	14.51	12.92	10.31
Tangible Book Value	2,151	1,410	1,309	1,231	1,090	869.81
Tangible Book Value Per Share	22.47	16.18	15.01	14.22	12.64	10.08
Buildings	-	-	244.92	242.29	58.83	58.83
Machinery	-	-	1,344	1,073	670.19	439.85
Construction In Progress	-	-	141.01	70.77	344.59	144.28

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