SHA:688143 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	217.12	145.99	237.11	214.81	827.67	95.45
Trading Asset Securities	234.18	306.04	283.26	511.92	-	-
Cash & Short-Term Investments	451.31	452.03	520.37	726.73	827.67	95.45
Cash Growth	-5.45%	-13.13%	-28.40%	-12.20%	767.14%	-
Accounts Receivable	516.07	529.43	404.27	287.22	304.22	232.7
Other Receivables	7.56	10.62	9.46	1.98	16.74	0.01
Receivables	524.27	540.06	413.73	289.2	320.96	232.71
Inventory	155.93	113.53	73.59	64.02	46.89	33.04
Prepaid Expenses	0.25	0.25	1.2	0.41	-	-
Other Current Assets	23.9	19.18	13.48	23.16	14.82	9.21
Total Current Assets	1,156	1,125	1,022	1,104	1,210	370.41
Property, Plant & Equipment	604.57	597.57	404.56	228.03	165.13	148.51
Long-Term Investments	52.2	52.32	7.08	-	-	-
Goodwill	112.8	112.8	-	-	-	-
Other Intangible Assets	25.67	26.01	23.58	14.72	14.63	14.76
Long-Term Deferred Tax Assets	28.98	26.74	14.94	10.31	8.53	5.93
Long-Term Deferred Charges	3.21	3.52	1.87	1.47	0.95	0.29
Other Long-Term Assets	25.78	12.26	12.91	14.57	6.91	1.66
Total Assets	2,009	1,956	1,487	1,373	1,406	541.57

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	156	200.81	161.38	56.92	49.11	21.27
Accrued Expenses	32.39	40.21	33.24	29.35	37.3	30.69
Short-Term Debt	57.42	48.02	37.33	5	12.01	43.05
Current Portion of Long-Term Debt	63.64	27.86	9.21	-	-	-
Current Income Taxes Payable	1.32	1.46	3.28	0.11	6.06	6.8
Current Unearned Revenue	7.72	3.91	1.43	8.55	4.98	1.56
Other Current Liabilities	30.16	32.07	11.76	9.63	5.91	3.98
Total Current Liabilities	348.64	354.34	257.61	109.56	115.38	107.34
Long-Term Debt	218.8	190.38	17.41	9.61	10.01	-
Long-Term Leases	8.07	1.49	0.42	1.41	1.16	0.67
Long-Term Unearned Revenue	53.19	47.39	27.59	19.84	22.49	14.72
Long-Term Deferred Tax Liabilities	2.74	2.43	2.61	3.35	3.53	-
Total Liabilities	631.44	596.03	305.64	143.76	152.57	122.74

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	128.78	128.78	122.37	122.77	94.13	70.6
Additional Paid-In Capital	1,046	1,044	911.67	913.9	935.21	203.57
Retained Earnings	239.89	224.87	206.91	188.97	220.47	139.77
Treasury Stock	-49.27	-49.27	-70.66	-6.71	-	-
Total Common Equity	1,365	1,348	1,170	1,219	1,250	413.94
Minority Interest	12.1	11.72	11.38	9.94	4.1	4.89
Shareholders' Equity	1,377	1,360	1,182	1,229	1,254	418.83
Total Liabilities & Equity	2,009	1,956	1,487	1,373	1,406	541.57

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	347.93	267.75	64.36	16.02	23.18	43.72
Net Cash (Debt)	103.38	184.28	456.01	710.71	804.49	51.73
Net Cash Growth	-66.31%	-59.59%	-35.84%	-11.66%	1455.28%	-
Net Cash Per Share	0.81	1.46	3.81	5.94	8.77	0.56
Filing Date Shares Outstanding	126.6	126.6	119.75	122.37	122.37	90.86
Total Common Shares Outstanding	126.6	126.6	119.75	122.37	122.37	90.86
Working Capital	807.02	770.71	764.75	993.97	1,095	263.07
Book Value Per Share	10.78	10.65	9.77	9.96	10.21	4.56
Tangible Book Value	1,227	1,210	1,147	1,204	1,235	399.18
Tangible Book Value Per Share	9.69	9.55	9.58	9.84	10.09	4.39
Buildings	139.71	142.06	141.82	143.35	114.51	108.63
Machinery	201.7	185.62	132.27	114.29	94.74	69.66
Construction In Progress	348.51	352.99	199.69	28.31	1.61	11.37