SHA:688198 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	54.48	39.72	56.01	295.31	128.3	156.78
Short-Term Investments	-	270.97	135.87	133.32	-	-
Trading Asset Securities	148.56	283.83	178.16	107	484.61	615.53
Cash & Short-Term Investments	203.04	594.52	370.04	535.62	612.91	772.31
Cash Growth	-39.81%	60.66%	-30.91%	-12.61%	-20.64%	1.36%
Accounts Receivable	193.79	214.99	133.44	86	59.61	40.39
Other Receivables	8.67	2.56	4.77	3.14	1.98	0.74
Receivables	202.47	217.55	138.21	89.14	61.59	41.13
Inventory	99.73	68.62	52.74	34.9	31.49	21.96
Prepaid Expenses	-	0.04	-	1.6	-	0.28
Other Current Assets	274.51	23	29.82	17.96	18.39	17.51
Total Current Assets	779.76	903.75	590.81	679.22	724.37	853.19
Property, Plant & Equipment	564.65	479.36	433.74	278.28	192.09	89.85
Long-Term Investments	0.06	20.6	122.92	182.48	170.63	6.07
Goodwill	16.18	16.89	17.27	17.01	-	-
Other Intangible Assets	153.7	161.54	112.18	92.76	44.96	43.16
Long-Term Deferred Tax Assets	16.48	17.38	14.81	24.16	28.64	34.49
Long-Term Deferred Charges	12.83	15.03	18.88	0.93	1.46	1.99
Other Long-Term Assets	10.41	8.5	120.24	52.17	17.77	2.2
Total Assets	1,554	1,623	1,431	1,327	1,180	1,031

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Accounts Payable	62.87	2.4	1.2	1.19	0.43	0.76
Accrued Expenses	25.91	74.09	50.98	29.79	24.83	17.05
Short-Term Debt	75	75	-	-	-	-
Current Portion of Leases	-	3.19	3.45	3.27	0.84	0.94
Current Income Taxes Payable	19.02	14.22	0.96	-	0.17	-
Current Unearned Revenue	5.94	14.62	1.32	0.46	0.43	0.62
Other Current Liabilities	13.25	43.85	56.38	45.88	36.56	17.24
Total Current Liabilities	207.13	227.37	114.28	80.58	63.26	36.6
Long-Term Leases	15.92	15.43	6.33	9.02	0.56	0.72
Long-Term Unearned Revenue	36.25	36.7	33.23	33.46	11.72	0.2
Long-Term Deferred Tax Liabilities	11.85	13.05	13.01	12.39	1.19	0.16
Other Long-Term Liabilities	24.49	17.28	13.41	3.01	3.76	5.05
Total Liabilities	393.69	309.83	180.28	138.47	80.49	42.73

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Common Stock	137.75	137.75	137.4	136.58	135.67	96.44
Additional Paid-In Capital	794.95	813.63	823.05	803.27	759.67	733.85
Retained Earnings	340.48	374.12	290.47	253.4	206.03	159.16
Comprehensive Income & Other	1.45	1.42	1.68	1.36	0.07	0.06
Total Common Equity	1,175	1,327	1,253	1,195	1,101	989.51
Minority Interest	-14.24	-13.72	-2.03	-6.06	-2.02	-1.28
Shareholders' Equity	1,160	1,313	1,251	1,189	1,099	988.23
Total Liabilities & Equity	1,554	1,623	1,431	1,327	1,180	1,031

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Total Debt	194.11	93.62	9.79	12.29	1.4	1.66
Net Cash (Debt)	8.93	500.91	360.26	523.33	611.51	770.65
Net Cash Growth	-96.43%	39.04%	-31.16%	-14.42%	-20.65%	1.15%
Net Cash Per Share	0.07	3.65	2.63	3.82	4.50	5.72
Filing Date Shares Outstanding	135.83	137.75	137.4	136.58	135.67	135.01
Total Common Shares Outstanding	135.83	137.75	137.4	136.58	135.67	135.01
Working Capital	572.62	676.38	476.52	598.64	661.12	816.59
Book Value Per Share	8.65	9.63	9.12	8.75	8.12	7.33
Tangible Book Value	1,005	1,149	1,123	1,085	1,056	946.35
Tangible Book Value Per Share	7.40	8.34	8.17	7.94	7.79	7.01
Buildings	-	269.54	254.99	42.88	42.88	42.88
Machinery	-	167.77	135.92	75.28	41.32	28.71
Construction In Progress	-	105.41	87.67	190.24	141.15	47