SHA:688150 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	-	583.17	206.11	325.51	182.44
Trading Asset Securities	-	481.95	693.5	748.64	57.36
Cash & Short-Term Investments	1,011	1,065	899.61	1,074	239.8
Cash Growth	-5.07%	18.40%	-16.25%	347.93%	64.51%
Accounts Receivable	-	133.21	104.81	76.96	128.59
Other Receivables	-	0.02	0.04	0.08	0.12
Receivables	-	133.23	104.85	77.04	128.71
Inventory	-	85.93	97.42	74.02	42.43
Prepaid Expenses	-	-	-	2.56	-
Other Current Assets	-	11.62	25.3	14.97	24.94
Total Current Assets	-	1,296	1,127	1,243	435.89
Property, Plant & Equipment	-	738.61	654.03	574.17	497.25
Other Intangible Assets	-	52.69	59.23	69.4	78.49
Long-Term Deferred Tax Assets	-	1.55	13.22	6.77	4.59
Long-Term Deferred Charges	-	27.19	6.94	7.66	9.68
Other Long-Term Assets	-	2.15	82.05	7.77	2.75
Total Assets	-	2,118	1,943	1,909	1,029
Accounts Payable	-	83.32	89.55	78.34	87.12
Accrued Expenses	-	17.44	15.21	18.2	13.87
Short-Term Debt	-	53.05	-	-	10.01
Current Portion of Long-Term Debt	-	12.19	6.51	13.17	13.14
Current Income Taxes Payable	-	-	1.42	10.2	4.15
Current Unearned Revenue	-	-	0.05	0.01	0.35
Other Current Liabilities	-	21.83	1.98	0.88	1.61
Total Current Liabilities	-	187.83	114.71	120.79	130.26
Long-Term Debt	-	121.4	116.26	87.5	75.78
Long-Term Unearned Revenue	-	13.8	10.08	10.46	4.42
Long-Term Deferred Tax Liabilities	-	3.66	2.83	1.26	-
Other Long-Term Liabilities	-	7.21	2.1	3.24	9.34
Total Liabilities	-	333.9	245.98	223.24	219.79
Common Stock	-	402.44	402.44	402.44	362.19
Additional Paid-In Capital	-	1,000	1,002	996.97	226.03
Retained Earnings	-	417.7	322.67	285.86	220.63
Treasury Stock	-	-36.05	-30.01	-	-
Total Common Equity	1,804	1,784	1,697	1,685	808.86
Shareholders' Equity	1,804	1,784	1,697	1,685	808.86
Total Liabilities & Equity	-	2,118	1,943	1,909	1,029
Total Debt	169.52	186.64	122.77	100.66	98.93
Net Cash (Debt)	841.56	878.48	776.84	973.49	140.87
Net Cash Growth	-4.20%	13.08%	-20.20%	591.05%	13.67%
Net Cash Per Share	2.11	2.21	1.92	2.49	0.39
Filing Date Shares Outstanding	399.77	401.56	401.57	402.44	362.19
Total Common Shares Outstanding	399.77	401.56	401.57	402.44	362.19
Working Capital	-	1,108	1,012	1,122	305.63
Book Value Per Share	4.71	4.44	4.23	4.19	2.23
Tangible Book Value	1,758	1,731	1,637	1,616	730.37
Tangible Book Value Per Share	4.59	4.31	4.08	4.02	2.02
Buildings	-	554.65	377.3	256.15	247.23
Machinery	-	262.1	167.54	140.68	135.18
Construction In Progress	-	78.02	224.95	263.15	173.73

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