SHA:688076 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	-	571.39	749.08	399.96	591.88
Trading Asset Securities	-	208	-	43.01	87.13
Cash & Short-Term Investments	1,081	779.39	749.08	442.98	679.01
Cash Growth	38.70%	4.05%	69.10%	-34.76%	353.54%
Accounts Receivable	-	539.21	297.26	251.29	143.37
Other Receivables	-	7.92	3.27	1.19	1.05
Receivables	-	547.13	300.53	252.48	144.41
Inventory	-	584.04	377.17	323.48	250.82
Other Current Assets	-	94.97	67.98	33.53	29.86
Total Current Assets	-	2,006	1,495	1,052	1,104
Property, Plant & Equipment	-	1,892	1,405	988.47	706.55
Long-Term Investments	-	215.04	117.5	94.5	-
Goodwill	-	156.34	156.34	156.34	160.92
Other Intangible Assets	-	108.19	112.1	98.18	88.57
Long-Term Deferred Tax Assets	-	88.27	46.65	28.13	16.63
Long-Term Deferred Charges	-	203.2	41.03	38.77	15.66
Other Long-Term Assets	-	409.4	173.84	65.44	34.46
Total Assets	-	5,078	3,547	2,522	2,127
Accounts Payable	-	159.7	141.93	87.61	72.36
Accrued Expenses	-	149.12	86.14	48.49	43.99
Short-Term Debt	-	1,044	546.02	318.73	77.27
Current Portion of Long-Term Debt	-	117.89	40.08	-	-
Current Portion of Leases	-	9.79	5.29	1.47	3.64
Current Income Taxes Payable	-	19.35	11.47	5.37	-
Current Unearned Revenue	-	61.21	8.39	6.85	26.17
Other Current Liabilities	-	191.83	134.01	82.8	51.96
Total Current Liabilities	-	1,753	973.34	551.32	275.4
Long-Term Debt	-	445.21	286.49	-	-
Long-Term Leases	-	25.75	17.18	-	2.74
Long-Term Unearned Revenue	-	55.99	31.46	35.32	21.74
Long-Term Deferred Tax Liabilities	-	8.61	10.16	10.77	4.26
Other Long-Term Liabilities	-	107.43	39.31	-	14
Total Liabilities	-	2,396	1,358	597.41	318.14
Common Stock	-	219.78	213.18	213.18	213.18
Additional Paid-In Capital	-	1,598	1,341	1,319	1,318
Retained Earnings	-	792.51	495.37	374.95	277.82
Comprehensive Income & Other	-	50.11	120.23	3.33	2.2
Total Common Equity	3,109	2,660	2,170	1,910	1,811
Minority Interest	-	21.95	19.04	14.66	-2.61
Shareholders' Equity	3,134	2,682	2,189	1,925	1,809
Total Liabilities & Equity	-	5,078	3,547	2,522	2,127
Total Debt	2,584	1,642	895.07	320.19	83.65
Net Cash (Debt)	-1,503	-863.06	-145.98	122.79	595.36
Net Cash Growth	-	-	-	-79.38%	-
Net Cash Per Share	-4.78	-2.81	-0.49	0.41	2.21
Filing Date Shares Outstanding	316.05	307.69	298.46	298.46	298.46
Total Common Shares Outstanding	316.05	307.69	298.46	298.46	298.46
Working Capital	-	252.82	521.43	501.15	828.71
Book Value Per Share	9.84	8.65	7.27	6.40	6.07
Tangible Book Value	2,779	2,396	1,902	1,656	1,562
Tangible Book Value Per Share	8.79	7.79	6.37	5.55	5.23
Buildings	-	516.19	504.29	476.24	376.08
Machinery	-	1,603	1,123	652.13	529
Construction In Progress	-	339.92	185.96	180.11	34.85

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