SHA:688066 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	-	179.67	1,068	1,719	1,018
Trading Asset Securities	-	-	-	-	20
Cash & Short-Term Investments	107.98	179.67	1,068	1,719	1,038
Cash Growth	-39.90%	-83.17%	-37.87%	65.61%	36.62%
Accounts Receivable	-	1,784	2,138	2,090	1,226
Other Receivables	-	79.93	91.46	67.73	54.11
Receivables	-	1,864	2,229	2,158	1,280
Inventory	-	885.51	1,608	839.34	290.01
Other Current Assets	-	75.54	66.19	59.76	58.02
Total Current Assets	-	3,005	4,971	4,776	2,666
Property, Plant & Equipment	-	825.97	932.77	660.86	468.27
Long-Term Investments	-	244.38	246.23	44.12	23.58
Other Intangible Assets	-	117.22	51.13	55.08	36.75
Long-Term Accounts Receivable	-	50.94	36.36	48.45	27.38
Long-Term Deferred Tax Assets	-	266.22	113.92	65.17	29.78
Long-Term Deferred Charges	-	30.74	53.73	46.87	15.9
Other Long-Term Assets	-	232.83	72.41	294.46	197.91
Total Assets	-	4,773	6,477	5,991	3,465
Accounts Payable	-	776.99	627.23	486.99	202.99
Accrued Expenses	-	149.9	100.02	140.8	74.43
Short-Term Debt	-	515.22	1,330	869.05	352.77
Current Portion of Long-Term Debt	-	43.09	37.05	19.29	13.3
Current Portion of Leases	-	105.51	130.63	57	26.7
Current Income Taxes Payable	-	0.67	0.17	10.13	15.4
Current Unearned Revenue	-	388.42	366.75	266.45	185.85
Other Current Liabilities	-	167.8	140.55	142.48	91.5
Total Current Liabilities	-	2,148	2,733	1,992	962.94
Long-Term Debt	-	1,182	1,082	1,066	149.7
Long-Term Leases	-	151.8	249.83	87.67	47.61
Long-Term Unearned Revenue	-	74.08	77.77	104.45	37.54
Long-Term Deferred Tax Liabilities	-	17.15	27.53	30.31	4.19
Other Long-Term Liabilities	-	0.22	0.22	0.22	-
Total Liabilities	-	3,573	4,170	3,281	1,202
Common Stock	-	261.28	261.19	185.64	184.43
Additional Paid-In Capital	-	1,590	1,604	1,642	1,545
Retained Earnings	-	-1,013	380.12	778.46	531.81
Treasury Stock	-	-51.99	-51.99	-	-
Comprehensive Income & Other	-	90.01	90.04	90.23	0.09
Total Common Equity	509.58	876.26	2,283	2,696	2,262
Minority Interest	-	323.5	23.55	13.66	1.6
Shareholders' Equity	901.1	1,200	2,307	2,710	2,263
Total Liabilities & Equity	-	4,773	6,477	5,991	3,465
Total Debt	1,648	1,998	2,830	2,099	590.08
Net Cash (Debt)	-1,540	-1,818	-1,762	-380.23	447.67
Net Cash Growth	-	-	-	-	-31.32%
Net Cash Per Share	-5.89	-6.96	-7.68	-1.47	1.81
Filing Date Shares Outstanding	260.93	260.18	261.19	259.89	258.2
Total Common Shares Outstanding	260.18	260.18	261.19	259.89	258.2
Working Capital	-	857.19	2,238	2,783	1,703
Book Value Per Share	1.96	3.37	8.74	10.37	8.76
Tangible Book Value	384.34	759.04	2,232	2,641	2,225
Tangible Book Value Per Share	1.48	2.92	8.55	10.16	8.62
Buildings	-	383.02	383.02	380.13	335.83
Machinery	-	357.9	310.39	179.45	83.87
Construction In Progress	-	-	4.26	17.68	4.68

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.