SHA:688188 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	-	2,226	2,641	2,311	2,517
Trading Asset Securities	-	2,552	1,769	1,540	35
Cash & Short-Term Investments	5,201	4,777	4,410	3,851	2,552
Cash Growth	8.87%	8.33%	14.52%	50.91%	10.84%
Accounts Receivable	-	209.77	117.36	41.04	32.75
Other Receivables	-	8.32	9.15	9.06	9.41
Receivables	-	218.08	126.51	50.1	42.16
Inventory	-	164.78	153.55	120.47	137.17
Prepaid Expenses	-	0.36	2.33	8.87	20.6
Other Current Assets	-	13.91	5.79	8.98	16.65
Total Current Assets	-	5,174	4,698	4,039	2,768
Property, Plant & Equipment	-	453.51	405.82	277.93	189.46
Long-Term Investments	-	63.33	51.32	18.55	12.73
Goodwill	-	17.66	17.66	17.66	17.66
Other Intangible Assets	-	108.67	110.88	113.85	91.71
Long-Term Deferred Tax Assets	-	52.74	44.97	24.55	29.91
Long-Term Deferred Charges	-	2.14	2.83	2.66	1.12
Other Long-Term Assets	-	5.42	3.28	10.33	37.76
Total Assets	-	5,878	5,335	4,505	3,149
Accounts Payable	-	34.94	28.52	25.56	26.15
Accrued Expenses	-	166.28	140.43	103.54	47.21
Short-Term Debt	-	2.83	-	-	-
Current Portion of Leases	-	1.89	2.01	2.9	4.33
Current Income Taxes Payable	-	16.33	23.31	7.3	1.37
Current Unearned Revenue	-	101.33	70.68	32.96	41.7
Other Current Liabilities	-	27.95	48.31	24.94	27.71
Total Current Liabilities	-	351.53	313.26	197.2	148.46
Long-Term Leases	-	2.18	2.88	2.85	0.96
Long-Term Deferred Tax Liabilities	-	0.09	-	-	0.03
Total Liabilities	-	353.8	316.14	200.05	149.45
Common Stock	-	205.46	146.33	145.97	100.34
Additional Paid-In Capital	-	2,999	2,929	2,799	1,844
Retained Earnings	-	2,263	1,896	1,332	1,045
Total Common Equity	6,014	5,468	4,972	4,277	2,989
Minority Interest	-	56.63	47.01	27.42	9.83
Shareholders' Equity	6,088	5,524	5,019	4,305	2,999
Total Liabilities & Equity	-	5,878	5,335	4,505	3,149
Total Debt	27.85	6.89	4.89	5.76	5.29
Net Cash (Debt)	5,173	4,770	4,405	3,845	2,546
Net Cash Growth	8.44%	8.30%	14.56%	51.00%	10.61%
Net Cash Per Share	17.92	16.52	15.28	13.50	9.21
Filing Date Shares Outstanding	288.73	287.64	286.81	286.11	275.32
Total Common Shares Outstanding	288.73	287.64	286.81	286.11	275.32
Working Capital	-	4,823	4,385	3,842	2,620
Book Value Per Share	20.83	19.01	17.33	14.95	10.86
Tangible Book Value	5,890	5,341	4,843	4,146	2,880
Tangible Book Value Per Share	20.40	18.57	16.89	14.49	10.46
Buildings	-	401.88	220.36	220.36	-
Machinery	-	108.91	92.53	69.1	31.54
Construction In Progress	-	0.62	125.53	2.72	166.48

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