SHA:688210 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	-	509.42	593.66	370.86	889.28
Trading Asset Securities	-	87.51	-	351.15	-
Cash & Short-Term Investments	611.53	596.92	593.66	722	889.28
Cash Growth	2.45%	0.55%	-17.78%	-18.81%	1488.07%
Accounts Receivable	-	272.01	261.16	185.91	116.73
Other Receivables	-	9.32	14.05	10.18	15.88
Receivables	-	281.33	275.21	196.09	132.61
Inventory	-	197.81	164.6	130.94	92.44
Other Current Assets	-	43.35	29.88	16.52	12.55
Total Current Assets	-	1,119	1,063	1,066	1,127
Property, Plant & Equipment	-	818.18	736.32	441.78	278.28
Long-Term Investments	-	88.4	69.83	61.27	1.94
Goodwill	-	-	0.59	0.59	0.59
Other Intangible Assets	-	31.97	26.24	27.18	28.19
Long-Term Deferred Tax Assets	-	65.52	63.4	51.12	29.43
Long-Term Deferred Charges	-	48.74	39.3	30.85	31.24
Other Long-Term Assets	-	8.56	25.53	12.24	3.48
Total Assets	-	2,181	2,025	1,691	1,500
Accounts Payable	-	217.78	250.08	117.62	91.15
Accrued Expenses	-	24.63	16.9	18.43	10.25
Short-Term Debt	-	105.3	51.06	144.68	107.44
Current Portion of Long-Term Debt	-	102.08	75.18	-	5.01
Current Portion of Leases	-	20.21	44.81	24.2	37.14
Current Income Taxes Payable	-	6.64	2.45	4.8	0.49
Current Unearned Revenue	-	5.7	7.58	1.72	0.18
Other Current Liabilities	-	20.63	19.43	7.64	21.82
Total Current Liabilities	-	502.97	467.48	319.09	273.48
Long-Term Debt	-	276.25	231.55	40.95	-
Long-Term Leases	-	56.6	59.08	60.55	80.6
Long-Term Unearned Revenue	-	1.62	0.83	0.7	0.19
Long-Term Deferred Tax Liabilities	-	50.31	59.22	50.77	23.4
Total Liabilities	-	887.76	818.16	472.05	377.68
Common Stock	-	160.24	158.53	112	80
Additional Paid-In Capital	-	952	915.22	922.23	940.27
Retained Earnings	-	206.74	163.56	180.87	100.66
Treasury Stock	-	-43.95	-41.95	-	-
Comprehensive Income & Other	-	2.65	0.35	0.31	-0.18
Total Common Equity	1,309	1,278	1,196	1,215	1,121
Minority Interest	-	15.33	10.7	3.12	1.62
Shareholders' Equity	1,340	1,293	1,206	1,219	1,122
Total Liabilities & Equity	-	2,181	2,025	1,691	1,500
Total Debt	719.61	560.44	461.69	270.37	230.19
Net Cash (Debt)	-108.08	36.48	131.98	451.63	659.09
Net Cash Growth	-	-72.36%	-70.78%	-31.48%	2929.60%
Net Cash Per Share	-0.70	0.23	0.83	2.90	5.56
Filing Date Shares Outstanding	188.2	158.06	156.53	156.8	156.8
Total Common Shares Outstanding	159.15	158.06	156.53	156.8	156.8
Working Capital	-	616.44	595.87	746.46	853.41
Book Value Per Share	8.23	8.08	7.64	7.75	7.15
Tangible Book Value	1,278	1,246	1,169	1,188	1,092
Tangible Book Value Per Share	8.03	7.88	7.47	7.57	6.96
Buildings	-	234.09	215.11	-	-
Machinery	-	605.71	407.95	285.31	181.87
Construction In Progress	-	58.17	101.07	141.75	38.15

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