SHA:688179 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	-	466.8	522.54	570.71	349.18
Trading Asset Securities	-	41.99	53.12	51.66	50.35
Cash & Short-Term Investments	781.88	508.79	575.65	622.37	399.53
Cash Growth	53.67%	-11.62%	-7.51%	55.78%	-27.47%
Accounts Receivable	-	66.93	46.05	46.17	23.75
Other Receivables	-	7.4	25.68	2.62	2.09
Receivables	-	74.33	71.73	48.8	25.84
Inventory	-	528.26	442.43	374.72	180.99
Other Current Assets	-	23.44	31	78.19	28.78
Total Current Assets	-	1,135	1,121	1,124	635.14
Property, Plant & Equipment	-	342.36	295.07	252.76	192.64
Long-Term Investments	-	2.45	2.51	-	-
Goodwill	-	118.09	-	-	-
Other Intangible Assets	-	39.09	36.03	37.3	21.18
Long-Term Deferred Tax Assets	-	10.39	6.53	4.67	1.86
Long-Term Deferred Charges	-	4.28	1.86	3.22	0.02
Other Long-Term Assets	-	126.95	42.74	56.79	81.25
Total Assets	-	1,778	1,506	1,479	932.1
Accounts Payable	-	43.99	56.65	100.97	32.17
Accrued Expenses	-	12.77	11.94	17.11	11.03
Short-Term Debt	-	33.73	2.45	-	-
Current Portion of Long-Term Debt	-	9.72	2.16	-	-
Current Portion of Leases	-	9.09	9.91	8.26	3.72
Current Income Taxes Payable	-	2.9	4.69	9.13	0.01
Current Unearned Revenue	-	27.19	20.05	18.4	12.9
Other Current Liabilities	-	81.12	1.8	1.57	1.42
Total Current Liabilities	-	220.52	109.65	155.44	61.24
Long-Term Debt	-	379.02	339.42	325.96	-
Long-Term Leases	-	11.18	4.51	7.39	9.18
Long-Term Unearned Revenue	-	3.06	3.15	3.23	3.31
Long-Term Deferred Tax Liabilities	-	21.46	12.41	12.02	0.05
Total Liabilities	-	635.25	469.15	504.03	73.79
Common Stock	-	277.39	198.13	141.31	100.93
Additional Paid-In Capital	-	385.81	464.4	511.18	539.13
Retained Earnings	-	359.9	320.58	270.13	218.1
Treasury Stock	-	-12.2	-	-	-
Comprehensive Income & Other	-	55.17	53.3	52.17	0.16
Total Common Equity	1,066	1,066	1,036	974.8	858.32
Minority Interest	-	77.1	-	-	-
Shareholders' Equity	1,263	1,143	1,036	974.8	858.32
Total Liabilities & Equity	-	1,778	1,506	1,479	932.1
Total Debt	692.41	442.75	358.46	341.61	12.9
Net Cash (Debt)	89.47	66.04	217.19	280.77	386.63
Net Cash Growth	35.48%	-69.59%	-22.64%	-27.38%	-29.65%
Net Cash Per Share	0.27	0.20	0.72	0.81	1.17
Filing Date Shares Outstanding	315.54	331.3	332.86	332.36	332.35
Total Common Shares Outstanding	331.3	331.3	332.86	332.36	332.35
Working Capital	-	914.31	1,011	968.65	573.9
Book Value Per Share	3.22	3.22	3.11	2.93	2.58
Tangible Book Value	847.95	908.89	1,000	937.5	837.14
Tangible Book Value Per Share	2.56	2.74	3.01	2.82	2.52
Buildings	-	203.93	184.84	175.28	171.12
Machinery	-	113.38	106.45	87.36	37.26
Construction In Progress	-	84.38	48.91	19.07	4.78

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