SHA:688192 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	-	250.16	74.2	121.67	364.24
Trading Asset Securities	-	589.83	674	1,295	1,711
Cash & Short-Term Investments	1,926	839.99	748.2	1,416	2,075
Cash Growth	129.32%	12.27%	-47.18%	-31.74%	246.26%
Accounts Receivable	-	27.49	48.04	-	7.55
Receivables	-	27.49	48.04	-	7.55
Inventory	-	44.11	23.47	5.07	-
Other Current Assets	-	87.37	90.65	51.64	29.57
Total Current Assets	-	998.97	910.36	1,473	2,112
Property, Plant & Equipment	-	243.91	102.26	103.66	104.48
Other Intangible Assets	-	429.85	461.98	492.02	474.9
Long-Term Deferred Charges	-	8.62	16.99	7.99	4.54
Other Long-Term Assets	-	37.38	4.79	5.06	49.51
Total Assets	-	1,719	1,496	2,082	2,746
Accounts Payable	-	20.39	18.57	8.81	1.65
Accrued Expenses	-	245.07	182.18	208.53	182.75
Short-Term Debt	-	373.83	200.11	-	-
Current Portion of Long-Term Debt	-	41.27	0.1	-	-
Current Portion of Leases	-	23.53	22.95	21.34	16.84
Current Income Taxes Payable	-	-	0.05	0	-
Current Unearned Revenue	-	2.93	0.98	-	-
Other Current Liabilities	-	78.06	23.49	9.82	10.76
Total Current Liabilities	-	785.08	448.44	248.49	211.99
Long-Term Debt	-	683.76	138.31	-	-
Long-Term Leases	-	34.99	48.89	63.93	70.92
Long-Term Unearned Revenue	-	14.84	12.11	11	-
Total Liabilities	-	1,519	647.75	323.43	282.91
Common Stock	-	417.65	408.15	407.16	404.18
Additional Paid-In Capital	-	3,136	2,954	2,757	2,729
Retained Earnings	-	-3,360	-2,514	-1,406	-669.85
Total Common Equity	1,440	193.76	848.63	1,758	2,463
Minority Interest	-	6.3	-	-	-
Shareholders' Equity	1,444	200.06	848.63	1,758	2,463
Total Liabilities & Equity	-	1,719	1,496	2,082	2,746
Total Debt	1,062	1,157	410.37	85.27	87.76
Net Cash (Debt)	864.17	-317.39	337.83	1,331	1,987
Net Cash Growth	-	-	-74.62%	-33.02%	231.62%
Net Cash Per Share	1.94	-0.77	0.83	3.29	5.52
Filing Date Shares Outstanding	461.19	417.65	408.15	407.16	404.18
Total Common Shares Outstanding	461.19	417.65	408.15	407.16	404.18
Working Capital	-	213.89	461.93	1,225	1,900
Book Value Per Share	3.14	0.46	2.08	4.32	6.09
Tangible Book Value	1,036	-236.09	386.65	1,266	1,988
Tangible Book Value Per Share	2.25	-0.57	0.95	3.11	4.92
Machinery	-	55.43	49.14	31.99	26.91
Construction In Progress	-	169.72	13.35	8.85	5.04

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