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	1,286	1,227	1,308	1,279	1,282
Short-Term Investments	-	-	0.71	-	-
Cash & Short-Term Investments	1,286	1,227	1,309	1,279	1,282
Cash Growth	4.83%	-6.30%	2.37%	-0.22%	1062.46%
Accounts Receivable	98.75	75.04	66.14	85.56	47.94
Other Receivables	0.97	2.64	2.79	2.08	1.77
Receivables	99.71	77.68	68.92	87.63	49.71
Inventory	214.94	237.37	206.88	155.67	100.45
Other Current Assets	39.27	20.18	16.77	21.46	13.97
Total Current Assets	1,640	1,562	1,602	1,543	1,446
Property, Plant & Equipment	75.81	81.95	45.36	39.13	19.02
Other Intangible Assets	5.51	4.75	0.11	0.04	0.11
Long-Term Deferred Tax Assets	17.22	11.73	8.85	10.27	3.41
Long-Term Deferred Charges	17.49	9.5	1.87	1.87	0.64
Other Long-Term Assets	5.44	7.46	5.11	5.09	0.87
Total Assets	1,761	1,677	1,663	1,600	1,470
Accounts Payable	51.3	43.53	36.34	44.15	39
Accrued Expenses	51.84	35.22	30.16	25.03	16.71
Current Portion of Leases	12.56	11.74	5.86	6.36	3.67
Current Income Taxes Payable	0.98	3.45	4.81	12.17	4.57
Current Unearned Revenue	7.75	6.09	7.06	4.17	3.69
Other Current Liabilities	4.63	5.34	2.85	1.2	0.45
Total Current Liabilities	129.07	105.37	87.1	93.07	68.1
Long-Term Leases	23.94	32.51	9.13	15.15	5.57
Long-Term Unearned Revenue	3.76	6.03	4.56	4.18	4.7
Total Liabilities	156.76	143.91	100.79	112.4	78.37
Common Stock	159.6	159.2	159.2	106.67	106.67
Additional Paid-In Capital	1,103	1,094	1,096	1,139	1,136
Retained Earnings	338.69	277.29	305.28	240.68	149.91
Comprehensive Income & Other	2.68	2.3	1.83	1.54	-1.26
Shareholders' Equity	1,604	1,533	1,562	1,487	1,391
Total Liabilities & Equity	1,761	1,677	1,663	1,600	1,470
Total Debt	36.49	44.25	15	21.51	9.25
Net Cash (Debt)	1,249	1,182	1,294	1,257	1,272
Net Cash Growth	5.66%	-8.63%	2.93%	-1.19%	1054.07%
Net Cash Per Share	7.89	7.38	8.17	7.95	10.43
Filing Date Shares Outstanding	159.6	159.2	159.2	158.93	158.93
Total Common Shares Outstanding	159.6	159.2	159.2	158.93	158.93
Working Capital	1,511	1,456	1,514	1,450	1,378
Book Value Per Share	10.05	9.63	9.81	9.36	8.75
Tangible Book Value	1,599	1,529	1,562	1,487	1,391
Tangible Book Value Per Share	10.02	9.60	9.81	9.36	8.75
Machinery	83.19	68.38	49.99	30.4	18.67

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