SHA:688103 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	-	747.59	822.34	380.01	505.85
Trading Asset Securities	-	-	-	-	0.17
Cash & Short-Term Investments	672.65	747.59	822.34	380.01	506.02
Cash Growth	-10.02%	-9.09%	116.40%	-24.90%	54.94%
Accounts Receivable	-	572.5	468.68	429.89	261.52
Other Receivables	-	3.33	4.54	4.17	4.82
Receivables	-	575.83	473.22	434.05	266.34
Inventory	-	271.15	209.89	177.51	142.47
Other Current Assets	-	8.05	9.16	13.3	9.74
Total Current Assets	-	1,603	1,515	1,005	924.57
Property, Plant & Equipment	-	359.37	343.94	294.07	198.77
Long-Term Investments	-	191.01	154.43	136.79	121.73
Goodwill	-	-	-	-	0.56
Other Intangible Assets	-	18.03	20.27	12.76	12.7
Long-Term Accounts Receivable	-	13.48	2.26	1.98	2.68
Long-Term Deferred Tax Assets	-	21.54	21.29	22.25	21.11
Long-Term Deferred Charges	-	0.24	0.79	0.99	1.21
Other Long-Term Assets	-	7.57	1.23	16.16	4.37
Total Assets	-	2,214	2,059	1,490	1,288
Accounts Payable	-	509.7	419.46	353.18	223.11
Accrued Expenses	-	22.42	20.39	32.06	19.97
Short-Term Debt	-	-	5.47	3.2	5
Current Portion of Long-Term Debt	-	1.33	0.8	2.01	2.3
Current Portion of Leases	-	0.33	0.18	-	-
Current Income Taxes Payable	-	0.65	0.02	0.48	0.65
Current Unearned Revenue	-	31.41	4.75	6.2	14.54
Other Current Liabilities	-	10.44	12.34	48.6	54.65
Total Current Liabilities	-	576.29	463.41	445.71	320.23
Long-Term Debt	-	468.37	449	-	2
Long-Term Leases	-	0.08	0.19	-	-
Long-Term Unearned Revenue	-	6.72	3.31	0.96	3.85
Long-Term Deferred Tax Liabilities	-	16.94	12.03	7.09	9.73
Other Long-Term Liabilities	-	0.71	-	2.48	-
Total Liabilities	-	1,069	927.94	456.24	335.82
Common Stock	-	95.32	95.93	95.39	95.39
Additional Paid-In Capital	-	479.49	499.78	483.65	471.33
Retained Earnings	-	433.62	425.45	387.49	332.11
Comprehensive Income & Other	-	130.21	104.07	58.08	45.14
Total Common Equity	1,146	1,139	1,125	1,025	943.98
Minority Interest	-	6.11	5.65	9.02	7.92
Shareholders' Equity	1,148	1,145	1,131	1,034	951.89
Total Liabilities & Equity	-	2,214	2,059	1,490	1,288
Total Debt	514.01	470.12	455.64	5.2	9.3
Net Cash (Debt)	158.63	277.47	366.69	374.8	496.71
Net Cash Growth	-42.83%	-24.33%	-2.16%	-24.54%	73.48%
Net Cash Per Share	1.66	2.94	3.83	3.91	6.40
Filing Date Shares Outstanding	93.48	95.32	95.93	95.39	95.39
Total Common Shares Outstanding	93.48	95.32	95.93	95.39	95.39
Working Capital	-	1,026	1,051	559.15	604.35
Book Value Per Share	12.09	11.95	11.73	10.74	9.90
Tangible Book Value	1,129	1,121	1,105	1,012	930.72
Tangible Book Value Per Share	11.91	11.76	11.52	10.61	9.76
Buildings	-	175.32	171.26	171.3	57.47
Machinery	-	328.17	298.89	169.92	133.56
Construction In Progress	-	28.39	11.51	65.26	107.05

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