SHA:688209 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	643.45	728.23	676.37	941.06	1,059	293.06
Short-Term Investments	65.62	161.06	-	60.03	131.54	-
Trading Asset Securities	94.19	87.63	349.22	-	-	1.57
Cash & Short-Term Investments	803.26	976.92	1,026	1,001	1,190	294.63
Cash Growth	-17.03%	-4.75%	2.45%	-15.91%	304.05%	108.34%
Accounts Receivable	194.43	173.03	159.75	143.26	92.68	63.65
Other Receivables	39.28	9.79	10.95	8.8	9.66	6.12
Receivables	233.71	182.81	170.7	152.06	102.33	69.76
Inventory	804.22	596.52	371.09	446.97	293.65	191.49
Other Current Assets	176.68	146.8	106.96	27.28	92.86	74.35
Total Current Assets	2,018	1,903	1,674	1,627	1,679	630.23
Property, Plant & Equipment	181.38	101.7	76.59	52.52	58.86	31.34
Long-Term Investments	323.77	331.6	279.1	199.41	35.44	126.62
Goodwill	15.07	15.07	1.01	1.01	1.01	1.01
Other Intangible Assets	62.54	73.14	46.45	18.38	23.4	11.83
Long-Term Deferred Tax Assets	28.78	27.74	14.38	6.47	4.24	1.61
Long-Term Deferred Charges	2.72	5.11	7.5	5.04	4.02	3.52
Other Long-Term Assets	24.52	7.03	28	73.41	65.74	0.92
Total Assets	2,657	2,464	2,127	1,984	1,872	807.07

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	116.51	9.14	5.76	12.83	6.27	6.78
Accrued Expenses	51.53	133.2	89.68	98	53.26	63.79
Short-Term Debt	70.04	70.04	-	-	-	-
Current Portion of Leases	6.69	6.5	7.09	6.81	4.8	3.7
Current Income Taxes Payable	12.09	-	-	4.25	0.07	2.68
Current Unearned Revenue	6.92	11.03	4.85	6.52	9.49	2.66
Other Current Liabilities	27.14	20.5	14.72	13.31	31.08	43.04
Total Current Liabilities	290.92	250.4	122.11	141.72	104.98	122.64
Long-Term Leases	8.76	10.51	8.31	7.26	7.83	4.45
Long-Term Unearned Revenue	3.85	6.71	7.57	3.31	2.69	0.06
Long-Term Deferred Tax Liabilities	1.95	2.11	1.4	1.2	1.56	-
Total Liabilities	305.47	269.73	139.39	153.5	117.06	127.15

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	433.78	433.78	429.24	424.77	420	378
Additional Paid-In Capital	1,311	1,306	1,238	1,155	1,001	106.27
Retained Earnings	685.78	510.64	370.95	258.48	334.11	195.16
Treasury Stock	-81.21	-56.57	-51.01	-7.88	-	-
Total Common Equity	2,349	2,193	1,987	1,830	1,755	679.43
Minority Interest	1.7	1.31	0.49	-0.25	-0.11	0.48
Shareholders' Equity	2,351	2,195	1,988	1,830	1,755	679.92
Total Liabilities & Equity	2,657	2,464	2,127	1,984	1,872	807.07

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	85.48	87.05	15.4	14.08	12.63	8.15
Net Cash (Debt)	717.78	889.87	1,010	987.02	1,178	286.48
Net Cash Growth	-19.04%	-11.91%	2.35%	-16.20%	311.14%	102.57%
Net Cash Per Share	1.64	2.05	2.36	2.35	2.89	0.76
Filing Date Shares Outstanding	423.19	429.41	425.36	420.9	420	378
Total Common Shares Outstanding	423.19	429.41	425.36	424.27	420	378
Working Capital	1,727	1,653	1,552	1,486	1,574	507.58
Book Value Per Share	5.55	5.11	4.67	4.31	4.18	1.80
Tangible Book Value	2,272	2,105	1,940	1,811	1,731	666.59
Tangible Book Value Per Share	5.37	4.90	4.56	4.27	4.12	1.76
Machinery	-	107.87	101.49	70.89	64.86	31.58
Construction In Progress	-	50.97	11.21	-	-	-