SHA:688147 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	-	1,581	1,154	1,757	120.06
Short-Term Investments	-	89.74	1,214	251.66	248.19
Trading Asset Securities	-	310.91	10.41	10.1	247.38
Cash & Short-Term Investments	3,462	1,982	2,378	2,019	615.62
Cash Growth	74.68%	-16.66%	17.77%	227.97%	24.75%
Accounts Receivable	-	1,114	884.02	578.4	209.87
Other Receivables	-	8.39	11.37	12.39	5.55
Receivables	-	1,123	895.4	590.79	215.42
Inventory	-	3,723	3,217	975.38	402.97
Other Current Assets	-	258.94	325.41	114.14	42.32
Total Current Assets	-	7,086	6,816	3,699	1,276
Property, Plant & Equipment	-	571.18	399.94	46.23	49.61
Long-Term Investments	-	54	54	4	4
Other Intangible Assets	-	76.87	6.61	8.03	8.21
Long-Term Deferred Tax Assets	-	166.98	94.36	21.34	10.41
Long-Term Deferred Charges	-	302.91	147.15	0.74	7.95
Other Long-Term Assets	-	2.85	63.83	40.41	0.42
Total Assets	-	8,261	7,582	3,820	1,357
Accounts Payable	-	1,284	2,033	753.28	196.84
Accrued Expenses	-	150.28	190.12	104.33	33.75
Short-Term Debt	-	1,362	544.5	292.36	66.54
Current Portion of Long-Term Debt	-	20.02	-	-	11.99
Current Portion of Leases	-	30.45	25.05	2.72	3.6
Current Income Taxes Payable	-	61.41	62.08	2.72	-
Current Unearned Revenue	-	2,054	1,958	625.23	124.59
Other Current Liabilities	-	102.69	175.97	40.58	8.93
Total Current Liabilities	-	5,065	4,989	1,821	446.24
Long-Term Debt	-	186.54	-	-	-
Long-Term Leases	-	193.93	145.19	-	9.88
Long-Term Unearned Revenue	-	182.12	74.32	26.88	11.09
Long-Term Deferred Tax Liabilities	-	31.55	23.77	0.41	0.08
Other Long-Term Liabilities	-	6.98	5.69	8.84	6.11
Total Liabilities	-	5,666	5,238	1,857	473.41
Common Stock	-	457.68	454.46	454.46	409.01
Additional Paid-In Capital	-	1,578	1,445	1,333	353.8
Retained Earnings	-	633.11	445.24	174.84	120.69
Treasury Stock	-	-72.91	-	-	-
Shareholders' Equity	2,966	2,595	2,344	1,963	883.5
Total Liabilities & Equity	-	8,261	7,582	3,820	1,357
Total Debt	3,165	1,793	714.73	295.08	92.02
Net Cash (Debt)	297.13	188.75	1,663	1,724	523.61
Net Cash Growth	57.42%	-88.65%	-3.52%	229.25%	15.46%
Net Cash Per Share	0.66	0.41	3.57	4.14	1.25
Filing Date Shares Outstanding	455.89	453.97	454.46	454.46	409.01
Total Common Shares Outstanding	457.45	455.42	454.46	454.46	409.01
Working Capital	-	2,022	1,828	1,878	830.08
Book Value Per Share	6.48	5.70	5.16	4.32	2.16
Tangible Book Value	2,910	2,519	2,338	1,955	875.29
Tangible Book Value Per Share	6.36	5.53	5.14	4.30	2.14
Machinery	-	361	208.85	55.08	42.29
Construction In Progress	-	7.93	8.52	-	0.46
Order Backlog	-	6,772	-	-	-

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