SHA:688093 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	-	311.47	299.47	218.39	185.4
Short-Term Investments	-	107.82	362.52	149.89	-
Cash & Short-Term Investments	1,122	419.29	661.99	368.28	185.4
Cash Growth	167.49%	-36.66%	79.75%	98.64%	-62.36%
Accounts Receivable	-	271.49	181.87	160.94	169.77
Other Receivables	-	0.21	0.75	0.59	0.43
Receivables	-	271.69	182.62	161.54	170.2
Inventory	-	102.66	65.34	49.08	43.51
Other Current Assets	-	15.77	26.54	6.97	10.87
Total Current Assets	-	809.41	936.49	585.87	409.98
Property, Plant & Equipment	-	795.33	580.27	331.26	304.4
Long-Term Investments	-	382.23	376.99	417.7	597.82
Other Intangible Assets	-	120.26	120.14	121.86	13.8
Long-Term Deferred Tax Assets	-	8.76	6.25	4.99	4.36
Long-Term Deferred Charges	-	10.43	12.16	8.16	5.1
Other Long-Term Assets	-	1.97	53.17	2.28	3.42
Total Assets	-	2,128	2,085	1,472	1,339
Accounts Payable	-	125.39	168.16	32.66	58.59
Accrued Expenses	-	23.37	16.39	15.34	17.91
Current Portion of Leases	-	0.28	0.7	0.62	0.31
Current Income Taxes Payable	-	13.53	5.78	7.29	13.27
Current Unearned Revenue	-	0.93	0.21	0.07	0.17
Other Current Liabilities	-	6.03	1.87	0.76	0.57
Total Current Liabilities	-	169.54	193.11	56.74	90.81
Long-Term Leases	-	0.29	0.57	0.37	0.25
Long-Term Deferred Tax Liabilities	-	0.04	0.05	0.06	-
Total Liabilities	-	169.87	193.73	57.17	91.07
Common Stock	-	262.63	262.63	241.07	172
Additional Paid-In Capital	-	991.38	991.38	633.24	700.36
Retained Earnings	-	729.43	637.7	540.67	375.94
Treasury Stock	-	-23.91	-	-	-
Comprehensive Income & Other	-	-1.01	0.03	-0.06	-0.49
Total Common Equity	2,824	1,959	1,892	1,415	1,248
Shareholders' Equity	2,824	1,959	1,892	1,415	1,248
Total Liabilities & Equity	-	2,128	2,085	1,472	1,339
Total Debt	0.28	0.57	1.27	0.99	0.56
Net Cash (Debt)	1,121	418.72	660.72	367.28	184.84
Net Cash Growth	167.79%	-36.63%	79.89%	98.70%	-62.47%
Net Cash Per Share	4.19	1.60	2.63	1.53	0.77
Filing Date Shares Outstanding	279.85	260.97	262.63	241.07	240.8
Total Common Shares Outstanding	278.72	260.97	262.63	241.07	240.8
Working Capital	-	639.87	743.38	529.13	319.17
Book Value Per Share	10.13	7.50	7.20	5.87	5.18
Tangible Book Value	2,604	1,838	1,772	1,293	1,234
Tangible Book Value Per Share	9.34	7.04	6.75	5.36	5.12
Buildings	-	275.07	156.22	156.22	132.56
Machinery	-	279.54	211.39	195.54	107.81
Construction In Progress	-	337.39	281.62	24.76	94.67

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