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	439.72	583.17	206.11	325.51	182.44
Trading Asset Securities	471.36	481.95	693.5	748.64	57.36
Cash & Short-Term Investments	911.08	1,065	899.61	1,074	239.8
Cash Growth	-14.46%	18.40%	-16.25%	347.93%	64.51%
Accounts Receivable	144.74	133.21	104.81	76.96	128.59
Other Receivables	0.02	0.02	0.04	0.08	0.12
Receivables	144.76	133.23	104.85	77.04	128.71
Inventory	144.71	85.93	97.42	74.02	42.43
Prepaid Expenses	-	-	-	2.56	-
Other Current Assets	8.64	11.62	25.3	14.97	24.94
Total Current Assets	1,209	1,296	1,127	1,243	435.89
Property, Plant & Equipment	806.61	738.61	654.03	574.17	497.25
Long-Term Investments	129.99	-	-	-	-
Other Intangible Assets	46.05	52.69	59.23	69.4	78.49
Long-Term Deferred Tax Assets	1.6	1.55	13.22	6.77	4.59
Long-Term Deferred Charges	31.57	27.19	6.94	7.66	9.68
Other Long-Term Assets	22.36	2.15	82.05	7.77	2.75
Total Assets	2,247	2,118	1,943	1,909	1,029
Accounts Payable	84.28	83.32	89.55	78.34	87.12
Accrued Expenses	11.82	17.44	15.21	18.2	13.87
Short-Term Debt	-	53.05	-	-	10.01
Current Portion of Long-Term Debt	17.36	12.19	6.51	13.17	13.14
Current Income Taxes Payable	5.4	-	1.42	10.2	4.15
Current Unearned Revenue	-	-	0.05	0.01	0.35
Other Current Liabilities	18.01	21.83	1.98	0.88	1.61
Total Current Liabilities	136.87	187.83	114.71	120.79	130.26
Long-Term Debt	139.18	121.4	116.26	87.5	75.78
Long-Term Unearned Revenue	12.69	13.8	10.08	10.46	4.42
Long-Term Deferred Tax Liabilities	19.15	3.66	2.83	1.26	-
Other Long-Term Liabilities	24.16	7.21	2.1	3.24	9.34
Total Liabilities	332.05	333.9	245.98	223.24	219.79
Common Stock	402.44	402.44	402.44	402.44	362.19
Additional Paid-In Capital	1,009	1,000	1,002	996.97	226.03
Retained Earnings	512.8	417.7	322.67	285.86	220.63
Treasury Stock	-79.04	-36.05	-30.01	-	-
Comprehensive Income & Other	70.47	-	-	-	-
Total Common Equity	1,915	1,784	1,697	1,685	808.86
Minority Interest	-0.03	-	-	-	-
Shareholders' Equity	1,915	1,784	1,697	1,685	808.86
Total Liabilities & Equity	2,247	2,118	1,943	1,909	1,029
Total Debt	156.53	186.64	122.77	100.66	98.93
Net Cash (Debt)	754.54	878.48	776.84	973.49	140.87
Net Cash Growth	-14.11%	13.08%	-20.20%	591.05%	13.67%
Net Cash Per Share	1.89	2.21	1.92	2.49	0.39
Filing Date Shares Outstanding	394.81	401.56	401.57	402.44	362.19
Total Common Shares Outstanding	394.81	401.56	401.57	402.44	362.19
Working Capital	1,072	1,108	1,012	1,122	305.63
Book Value Per Share	4.85	4.44	4.23	4.19	2.23
Tangible Book Value	1,869	1,731	1,637	1,616	730.37
Tangible Book Value Per Share	4.73	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

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