SHA:688181 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	-	164.82	273.85	231.3	222.07
Trading Asset Securities	-	357.07	337.47	618.88	787.01
Cash & Short-Term Investments	557.57	521.89	611.32	850.18	1,009
Cash Growth	6.84%	-14.63%	-28.09%	-15.75%	-12.64%
Accounts Receivable	-	173.5	180.09	228.01	210.91
Other Receivables	-	2.84	3	2.54	4.9
Receivables	-	176.34	183.09	230.54	215.82
Inventory	-	314.56	251.84	312.46	264.42
Prepaid Expenses	-	6.1	0.33	0.46	0.01
Other Current Assets	-	57.17	64.89	30.56	7.54
Total Current Assets	-	1,076	1,111	1,424	1,497
Property, Plant & Equipment	-	1,507	1,339	614.16	425.03
Long-Term Investments	-	54.83	60.26	62.83	49.87
Other Intangible Assets	-	216.06	216.24	198.4	122.1
Long-Term Deferred Tax Assets	-	9.11	8.98	9.66	8.81
Long-Term Deferred Charges	-	3.93	6.3	8.3	10.73
Other Long-Term Assets	-	47.96	59.98	111.44	44.48
Total Assets	-	2,915	2,802	2,429	2,158
Accounts Payable	-	199.29	199.76	177.83	133.14
Accrued Expenses	-	58.24	45.12	55.54	56.67
Short-Term Debt	-	228.14	95.13	62.37	2
Current Portion of Long-Term Debt	-	4.88	-	-	-
Current Portion of Leases	-	3.68	3.72	3.61	5.44
Current Income Taxes Payable	-	3.31	9.75	11.96	7.21
Current Unearned Revenue	-	0.46	0.04	0.13	0.01
Other Current Liabilities	-	209.18	238.06	84.67	66.16
Total Current Liabilities	-	707.18	591.58	396.11	270.62
Long-Term Debt	-	75.2	88.65	-	-
Long-Term Leases	-	0.31	4.01	7.75	16.93
Long-Term Unearned Revenue	-	14.19	15.74	14.1	18.96
Long-Term Deferred Tax Liabilities	-	20.71	16.94	19.47	14.7
Total Liabilities	-	817.59	716.92	437.43	321.21
Common Stock	-	134.48	134.48	96.47	96.47
Additional Paid-In Capital	-	1,135	1,178	1,211	1,211
Retained Earnings	-	881.28	815.57	739.17	535.27
Treasury Stock	-	-63.17	-60.01	-60.01	-
Comprehensive Income & Other	-	-1.92	2.82	5.17	-5.82
Total Common Equity	2,073	2,086	2,071	1,992	1,837
Minority Interest	-	12.03	14.55	-	-
Shareholders' Equity	2,083	2,098	2,085	1,992	1,837
Total Liabilities & Equity	-	2,915	2,802	2,429	2,158
Total Debt	672.92	312.22	191.5	73.73	24.37
Net Cash (Debt)	-115.35	209.67	419.82	776.45	984.7
Net Cash Growth	-	-50.06%	-45.93%	-21.15%	-11.85%
Net Cash Per Share	-0.88	1.56	3.14	5.83	7.28
Filing Date Shares Outstanding	131.55	132.96	133.03	133.03	135.06
Total Common Shares Outstanding	130.8	132.96	133.03	133.03	135.06
Working Capital	-	368.88	519.89	1,028	1,226
Book Value Per Share	15.85	15.69	15.57	14.97	13.60
Tangible Book Value	1,856	1,870	1,854	1,793	1,715
Tangible Book Value Per Share	14.19	14.06	13.94	13.48	12.69
Buildings	-	668.36	321.78	182.75	182.75
Machinery	-	320.48	276.47	269.21	251.42
Construction In Progress	-	764.13	934.71	314.15	89.09

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