SHA:688079 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	-	142.33	139.55	334.79	424.56
Trading Asset Securities	-	-	-	1.02	201.25
Cash & Short-Term Investments	135.76	142.33	139.55	335.81	625.81
Cash Growth	-4.62%	1.99%	-58.44%	-46.34%	687.14%
Accounts Receivable	-	106.79	35.58	31.26	55.64
Other Receivables	-	14.1	4.06	4.47	1.3
Receivables	-	120.9	39.63	35.73	56.94
Inventory	-	101.72	72.76	68.48	65.9
Prepaid Expenses	-	0.75	0.7	0.17	2.76
Other Current Assets	-	46.45	40.28	30.19	36.73
Total Current Assets	-	412.15	292.92	470.38	788.15
Property, Plant & Equipment	-	2,298	1,613	1,166	886.29
Long-Term Investments	-	43.6	39.95	13.58	-
Other Intangible Assets	-	133.4	136.7	138.49	47.84
Long-Term Deferred Tax Assets	-	52.11	28.73	9.26	4.76
Long-Term Deferred Charges	-	2.52	2.58	1.83	-
Other Long-Term Assets	-	96.32	163.13	109.12	81.76
Total Assets	-	3,038	2,277	1,909	1,809
Accounts Payable	-	72.94	41.72	24.03	21.9
Accrued Expenses	-	21.52	18.44	17.95	15.94
Short-Term Debt	-	244.48	130.21	106.88	7.01
Current Portion of Long-Term Debt	-	186.34	46.85	0.22	85.79
Current Portion of Leases	-	0.05	0.13	0.2	0.06
Current Income Taxes Payable	-	-	-	-	3.31
Current Unearned Revenue	-	7.86	22.19	0.97	0.5
Other Current Liabilities	-	200.49	96.52	64.71	61.61
Total Current Liabilities	-	733.69	356.07	214.96	196.13
Long-Term Debt	-	873.87	392.28	89.73	-
Long-Term Leases	-	0.05	0.06	0.01	0.06
Long-Term Unearned Revenue	-	28.66	25.74	11.67	4.87
Long-Term Deferred Tax Liabilities	-	-	-	0.15	0.19
Other Long-Term Liabilities	-	5.6	-	-	-
Total Liabilities	-	1,642	774.14	316.52	201.25
Common Stock	-	406.74	401.33	401.33	401.33
Additional Paid-In Capital	-	885.36	885.95	884.04	881.59
Retained Earnings	-	100.21	202.06	286.51	294.36
Treasury Stock	-	-32.54	-26.88	-22.67	-
Comprehensive Income & Other	-	0.21	0.39	0.43	0.31
Total Common Equity	1,306	1,360	1,463	1,550	1,578
Minority Interest	-	36.62	40.24	42.92	29.95
Shareholders' Equity	1,342	1,397	1,503	1,593	1,608
Total Liabilities & Equity	-	3,038	2,277	1,909	1,809
Total Debt	1,492	1,305	569.53	197.04	92.92
Net Cash (Debt)	-1,357	-1,162	-429.98	138.77	532.89
Net Cash Growth	-	-	-	-73.96%	-
Net Cash Per Share	-3.41	-2.97	-1.07	0.38	1.39
Filing Date Shares Outstanding	421.8	403.32	398.73	399.14	401.33
Total Common Shares Outstanding	421.8	403.32	398.73	399.14	401.33
Working Capital	-	-321.54	-63.15	255.41	592.02
Book Value Per Share	3.36	3.37	3.67	3.88	3.93
Tangible Book Value	1,170	1,227	1,326	1,411	1,530
Tangible Book Value Per Share	3.01	3.04	3.33	3.54	3.81
Buildings	-	405.57	313.6	299.29	261.75
Machinery	-	1,564	1,223	806.8	609.4
Construction In Progress	-	809.99	418.33	290.62	176.86

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