SHA:688160 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	455.97	176.04	355.17	409.55	399.68
Short-Term Investments	75.13	102.68	129.29	-	-
Trading Asset Securities	261.5	139.21	-	23.58	-
Cash & Short-Term Investments	792.6	417.94	484.46	433.13	399.68
Cash Growth	89.64%	-13.73%	11.85%	8.37%	-22.44%
Accounts Receivable	270.82	177.74	166.76	169.51	134.42
Other Receivables	4.73	3.8	3.59	5.36	4.1
Receivables	275.55	181.54	170.35	174.87	138.51
Inventory	176.95	115.93	115.7	126.99	149.19
Other Current Assets	5.23	4.39	7.06	4.82	8.11
Total Current Assets	1,250	719.8	777.56	739.82	695.5
Property, Plant & Equipment	177.96	135.46	87.68	59.94	47.68
Long-Term Investments	0.06	0.64	0.64	0.64	0.04
Goodwill	-	0.03	0.03	0.03	0.03
Other Intangible Assets	19.95	19.54	18.83	12.67	5.07
Long-Term Deferred Tax Assets	8.19	11.08	11.31	9.25	6.47
Long-Term Deferred Charges	12.16	4.76	4.89	3.19	5.06
Other Long-Term Assets	161.56	131.99	50.49	71.48	19.82
Total Assets	1,630	1,023	951.43	897.02	779.66
Accounts Payable	213.15	108.29	96.21	74.27	67.09
Accrued Expenses	38.77	25.14	22.02	29.11	25.33
Short-Term Debt	55	80	41.63	30	-
Current Portion of Leases	8.55	8.7	7.71	6.16	7.84
Current Income Taxes Payable	3.97	0.24	1.22	3.75	1.41
Current Unearned Revenue	7.49	6.1	4.4	5.92	8.19
Other Current Liabilities	4.03	2.35	1.26	1.51	1.67
Total Current Liabilities	330.96	230.83	174.45	150.71	111.53
Long-Term Leases	3.41	11.84	20.01	15.36	3.93
Long-Term Unearned Revenue	-	-	-	0.05	0.08
Long-Term Deferred Tax Liabilities	-	3.1	3.96	3.04	0.11
Other Long-Term Liabilities	-	0.36	0.95	0.98	0.85
Total Liabilities	334.38	246.12	199.37	170.15	116.5
Common Stock	90.83	84	84	84	84
Additional Paid-In Capital	842.46	374.11	372.8	370.63	370.63
Retained Earnings	362.31	315.03	291.34	264.25	198.4
Comprehensive Income & Other	0.22	0.46	0.34	0.22	-0.36
Total Common Equity	1,296	773.6	748.48	719.1	652.66
Minority Interest	-	3.59	3.58	7.77	10.49
Shareholders' Equity	1,296	777.19	752.06	726.87	663.16
Total Liabilities & Equity	1,630	1,023	951.43	897.02	779.66
Total Debt	66.97	100.54	69.35	51.52	11.76
Net Cash (Debt)	725.63	317.4	415.11	381.61	387.92
Net Cash Growth	128.62%	-23.54%	8.78%	-1.63%	-24.73%
Net Cash Per Share	8.31	3.77	4.93	4.53	4.62
Filing Date Shares Outstanding	90.83	84	84	84	84
Total Common Shares Outstanding	90.83	84	84	84	84
Working Capital	919.36	488.97	603.11	589.1	583.96
Book Value Per Share	14.27	9.21	8.91	8.56	7.77
Tangible Book Value	1,276	754.03	729.62	706.4	647.56
Tangible Book Value Per Share	14.05	8.98	8.69	8.41	7.71
Buildings	133.89	45.79	35.6	35.6	35.6
Machinery	35.96	30.21	28.13	23.67	22.85
Construction In Progress	30.01	68.59	23.98	4.38	1.02

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