SHA:688112 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	-	1,227	1,308	1,279	1,282
Short-Term Investments	-	0.86	0.71	-	-
Cash & Short-Term Investments	1,238	1,227	1,309	1,279	1,282
Cash Growth	0.87%	-6.23%	2.37%	-0.22%	1062.46%
Accounts Receivable	-	75.04	66.14	85.56	47.94
Other Receivables	-	1.78	2.79	2.08	1.77
Receivables	-	76.82	68.92	87.63	49.71
Inventory	-	237.37	206.88	155.67	100.45
Other Current Assets	-	20.18	16.77	21.46	13.97
Total Current Assets	-	1,562	1,602	1,543	1,446
Property, Plant & Equipment	-	81.95	45.36	39.13	19.02
Other Intangible Assets	-	4.75	0.11	0.04	0.11
Long-Term Deferred Tax Assets	-	11.73	8.85	10.27	3.41
Long-Term Deferred Charges	-	9.5	1.87	1.87	0.64
Other Long-Term Assets	-	7.46	5.11	5.09	0.87
Total Assets	-	1,677	1,663	1,600	1,470
Accounts Payable	-	43.53	36.34	44.15	39
Accrued Expenses	-	35.22	30.16	25.03	16.71
Current Portion of Leases	-	11.74	5.86	6.36	3.67
Current Income Taxes Payable	-	3.45	4.81	12.17	4.57
Current Unearned Revenue	-	6.09	7.06	4.17	3.69
Other Current Liabilities	-	5.34	2.85	1.2	0.45
Total Current Liabilities	-	105.37	87.1	93.07	68.1
Long-Term Leases	-	32.51	9.13	15.15	5.57
Long-Term Unearned Revenue	-	6.03	4.56	4.18	4.7
Total Liabilities	-	143.91	100.79	112.4	78.37
Common Stock	-	159.2	159.2	106.67	106.67
Additional Paid-In Capital	-	1,094	1,096	1,139	1,136
Retained Earnings	-	277.29	305.28	240.68	149.91
Comprehensive Income & Other	-	2.3	1.83	1.54	-1.26
Shareholders' Equity	1,573	1,533	1,562	1,487	1,391
Total Liabilities & Equity	-	1,677	1,663	1,600	1,470
Total Debt	39.42	44.25	15	21.51	9.25
Net Cash (Debt)	1,199	1,183	1,294	1,257	1,272
Net Cash Growth	1.31%	-8.57%	2.93%	-1.19%	1054.07%
Net Cash Per Share	7.55	7.39	8.17	7.95	10.43
Filing Date Shares Outstanding	157.83	159.2	159.2	158.93	158.93
Total Common Shares Outstanding	159.6	159.2	159.2	158.93	158.93
Working Capital	-	1,456	1,514	1,450	1,378
Book Value Per Share	9.86	9.63	9.81	9.36	8.75
Tangible Book Value	1,568	1,529	1,562	1,487	1,391
Tangible Book Value Per Share	9.82	9.60	9.81	9.36	8.75
Machinery	-	68.38	49.99	30.4	18.67

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