SHA:688205 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	-	1,048	1,112	213.93	102.34
Trading Asset Securities	-	260.83	250.49	1,054	-
Cash & Short-Term Investments	1,217	1,308	1,362	1,268	102.34
Cash Growth	-6.97%	-3.96%	7.45%	1139.10%	139.78%
Accounts Receivable	-	514.38	575.12	353.73	365.71
Other Receivables	-	2.26	3.4	1.73	1.3
Receivables	-	516.64	578.52	355.47	367.01
Inventory	-	354.06	347.3	340.96	307.44
Other Current Assets	-	5.98	5.38	18.44	3.68
Total Current Assets	-	2,185	2,294	1,983	780.46
Property, Plant & Equipment	-	320.81	180.34	116.14	112.83
Long-Term Investments	-	84.43	61.83	11.09	11.38
Other Intangible Assets	-	1.98	2.26	2.64	2.73
Long-Term Deferred Tax Assets	-	22.17	10.48	15.05	10.69
Long-Term Deferred Charges	-	-	1.6	3.34	4.26
Other Long-Term Assets	-	5.94	9.45	5.41	0.74
Total Assets	-	2,620	2,560	2,137	923.1
Accounts Payable	-	295.97	279.71	176.18	173.96
Accrued Expenses	-	30.96	30.6	24.36	22.2
Short-Term Debt	-	-	47.82	20.02	29.51
Current Portion of Leases	-	1.11	0.69	1.4	1.25
Current Income Taxes Payable	-	5.66	7.79	2.99	10.68
Current Unearned Revenue	-	30.31	15.74	11.18	3.53
Other Current Liabilities	-	3.42	1.3	0.69	6.79
Total Current Liabilities	-	367.43	383.66	236.81	247.93
Long-Term Leases	-	1.74	-	0.69	1.86
Long-Term Unearned Revenue	-	7.59	5.45	7.48	8.75
Long-Term Deferred Tax Liabilities	-	0.03	0	0.88	-
Other Long-Term Liabilities	-	1.39	1.14	1.38	1.69
Total Liabilities	-	378.18	390.24	247.24	260.22
Common Stock	-	120.89	100.74	97.28	72.96
Additional Paid-In Capital	-	1,812	1,808	1,572	471.21
Retained Earnings	-	307.05	261	220.17	118.5
Comprehensive Income & Other	-	2.38	-0	0.12	0.21
Shareholders' Equity	2,280	2,242	2,169	1,889	662.87
Total Liabilities & Equity	-	2,620	2,560	2,137	923.1
Total Debt	2.02	2.85	48.52	22.12	32.62
Net Cash (Debt)	1,215	1,306	1,314	1,246	69.72
Net Cash Growth	-6.93%	-0.64%	5.46%	1687.03%	316.40%
Net Cash Per Share	7.64	8.20	8.56	9.82	0.61
Filing Date Shares Outstanding	158.29	157.16	157.16	151.76	113.82
Total Common Shares Outstanding	158.29	157.16	157.16	151.76	113.82
Working Capital	-	1,818	1,910	1,746	532.54
Book Value Per Share	14.40	14.27	13.80	12.45	5.82
Tangible Book Value	2,278	2,240	2,167	1,887	660.15
Tangible Book Value Per Share	14.39	14.25	13.79	12.43	5.80
Buildings	-	151.06	94.14	84.07	82.43
Machinery	-	227.44	175.25	139.82	127.51
Construction In Progress	-	57.28	46.16	4.34	0.03

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