SHA:688198 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	-	56.01	295.31	128.3	156.78
Short-Term Investments	-	135.87	133.32	-	-
Trading Asset Securities	-	178.16	107	484.61	615.53
Cash & Short-Term Investments	337.35	370.04	535.62	612.91	772.31
Cash Growth	-8.83%	-30.91%	-12.61%	-20.64%	1.36%
Accounts Receivable	-	133.44	86	59.61	40.39
Other Receivables	-	4.77	3.14	1.98	0.74
Receivables	-	138.21	89.14	61.59	41.13
Inventory	-	52.74	34.9	31.49	21.96
Prepaid Expenses	-	-	1.6	-	0.28
Other Current Assets	-	29.82	17.96	18.39	17.51
Total Current Assets	-	590.81	679.22	724.37	853.19
Property, Plant & Equipment	-	433.74	278.28	192.09	89.85
Long-Term Investments	-	122.92	182.48	170.63	6.07
Goodwill	-	17.27	17.01	-	-
Other Intangible Assets	-	112.18	92.76	44.96	43.16
Long-Term Deferred Tax Assets	-	14.81	24.16	28.64	34.49
Long-Term Deferred Charges	-	18.88	0.93	1.46	1.99
Other Long-Term Assets	-	120.24	52.17	17.77	2.2
Total Assets	-	1,431	1,327	1,180	1,031
Accounts Payable	-	1.2	1.19	0.43	0.76
Accrued Expenses	-	50.98	29.79	24.83	17.05
Current Portion of Leases	-	3.45	3.27	0.84	0.94
Current Income Taxes Payable	-	0.96	-	0.17	-
Current Unearned Revenue	-	1.32	0.46	0.43	0.62
Other Current Liabilities	-	56.38	45.88	36.56	17.24
Total Current Liabilities	-	114.28	80.58	63.26	36.6
Long-Term Leases	-	6.33	9.02	0.56	0.72
Long-Term Unearned Revenue	-	33.23	33.46	11.72	0.2
Long-Term Deferred Tax Liabilities	-	13.01	12.39	1.19	0.16
Other Long-Term Liabilities	-	13.41	3.01	3.76	5.05
Total Liabilities	-	180.28	138.47	80.49	42.73
Common Stock	-	137.4	136.58	135.67	96.44
Additional Paid-In Capital	-	823.05	803.27	759.67	733.85
Retained Earnings	-	290.47	253.4	206.03	159.16
Comprehensive Income & Other	-	1.68	1.36	0.07	0.06
Total Common Equity	1,246	1,253	1,195	1,101	989.51
Minority Interest	-	-2.03	-6.06	-2.02	-1.28
Shareholders' Equity	1,234	1,251	1,189	1,099	988.23
Total Liabilities & Equity	-	1,431	1,327	1,180	1,031
Total Debt	87.41	9.79	12.29	1.4	1.66
Net Cash (Debt)	249.94	360.26	523.33	611.51	770.65
Net Cash Growth	-30.62%	-31.16%	-14.42%	-20.65%	1.15%
Net Cash Per Share	1.82	2.63	3.82	4.50	5.72
Filing Date Shares Outstanding	133.41	137.4	136.58	135.67	135.01
Total Common Shares Outstanding	137.75	137.4	136.58	135.67	135.01
Working Capital	-	476.52	598.64	661.12	816.59
Book Value Per Share	9.04	9.12	8.75	8.12	7.33
Tangible Book Value	1,064	1,123	1,085	1,056	946.35
Tangible Book Value Per Share	7.72	8.17	7.94	7.79	7.01
Buildings	-	254.99	42.88	42.88	42.88
Machinery	-	135.92	75.28	41.32	28.71
Construction In Progress	-	87.67	190.24	141.15	47

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