SHA:688084 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	-	680.61	1,241	1,377	195.08
Trading Asset Securities	-	385.26	21.2	21.84	298.98
Cash & Short-Term Investments	1,002	1,066	1,262	1,399	494.06
Cash Growth	-5.96%	-15.53%	-9.80%	183.15%	99.70%
Accounts Receivable	-	175.58	239.31	227.44	317.15
Other Receivables	-	5.15	5.03	6.46	6.11
Receivables	-	180.73	244.34	233.9	323.25
Inventory	-	153.32	148.33	145.92	157.14
Other Current Assets	-	27.98	19.52	13.6	12.02
Total Current Assets	-	1,428	1,674	1,792	986.48
Property, Plant & Equipment	-	256.04	232.34	180.32	86.96
Long-Term Investments	-	28.66	10.5	3	4.91
Goodwill	-	3.79	-	-	-
Other Intangible Assets	-	10.81	10.9	10.97	11.1
Long-Term Accounts Receivable	-	0.41	0.6	0.63	0.33
Long-Term Deferred Tax Assets	-	24.11	6.68	5.78	5.18
Long-Term Deferred Charges	-	7.57	0.4	0.09	0.26
Other Long-Term Assets	-	5.38	-	-	14.4
Total Assets	-	1,765	1,935	1,993	1,110
Accounts Payable	-	176.97	177.27	219.9	327.08
Accrued Expenses	-	9.92	14.18	16.74	33.28
Current Portion of Long-Term Debt	-	-	-	-	5.09
Current Portion of Leases	-	1.83	1.13	2.23	4.88
Current Income Taxes Payable	-	0.03	2.99	5.99	5.25
Current Unearned Revenue	-	6.54	40.25	41.95	91.27
Other Current Liabilities	-	1.27	0.85	12.29	4.81
Total Current Liabilities	-	196.56	236.66	299.09	471.65
Long-Term Debt	-	-	-	-	55
Long-Term Leases	-	9.14	0.36	1.42	5.38
Long-Term Unearned Revenue	-	6.1	4.34	4.42	-
Long-Term Deferred Tax Liabilities	-	1.52	0.42	0.42	0.05
Other Long-Term Liabilities	-	0.43	-	-	-
Total Liabilities	-	213.76	241.79	305.35	532.09
Common Stock	-	75.66	75.66	75.66	56.66
Additional Paid-In Capital	-	1,522	1,522	1,522	473.42
Retained Earnings	-	32.42	104.58	96.59	51.34
Treasury Stock	-	-66.67	-	-	-
Comprehensive Income & Other	-	-0.93	1.61	-	-0.08
Total Common Equity	1,568	1,563	1,704	1,694	581.33
Minority Interest	-	-11.62	-9.84	-6.13	-3.8
Shareholders' Equity	1,555	1,551	1,694	1,688	577.53
Total Liabilities & Equity	-	1,765	1,935	1,993	1,110
Total Debt	14.77	10.97	1.48	3.65	70.35
Net Cash (Debt)	987.56	1,055	1,260	1,395	423.71
Net Cash Growth	-6.39%	-16.30%	-9.67%	229.30%	71.44%
Net Cash Per Share	13.29	14.02	16.47	24.63	7.63
Filing Date Shares Outstanding	64.14	74.14	75.28	75.66	56.66
Total Common Shares Outstanding	74.1	74.14	75.66	75.66	56.66
Working Capital	-	1,231	1,437	1,493	514.83
Book Value Per Share	21.16	21.08	22.52	22.39	10.26
Tangible Book Value	1,552	1,548	1,693	1,683	570.23
Tangible Book Value Per Share	20.95	20.88	22.37	22.24	10.06
Buildings	-	239.08	186.57	-	-
Machinery	-	24.55	15.87	11.7	10.93
Construction In Progress	-	0.46	38.6	169.93	69.88

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