SHA:688238 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	-	439.44	657.05	1,244	619.01
Trading Asset Securities	-	30.26	-	9.99	-
Cash & Short-Term Investments	288.7	469.7	657.05	1,254	619.01
Cash Growth	-38.54%	-28.51%	-47.60%	102.56%	-9.70%
Accounts Receivable	-	99.15	88.97	95.28	42.79
Other Receivables	-	0.41	1.89	2.34	3.14
Receivables	-	99.56	90.86	97.62	45.94
Inventory	-	73.75	80.85	65.65	44.04
Other Current Assets	-	47.41	98.7	47.62	35.52
Total Current Assets	-	690.43	927.45	1,465	744.5
Property, Plant & Equipment	-	1,390	1,425	810.1	344.84
Long-Term Investments	-	114.84	107.49	42.34	15.85
Other Intangible Assets	-	54.99	55.49	51.29	52.22
Long-Term Deferred Tax Assets	-	29.75	47.82	20.47	13.69
Long-Term Deferred Charges	-	4.91	40.22	58.4	68.34
Other Long-Term Assets	-	-	-	49.14	24
Total Assets	-	2,285	2,603	2,496	1,263
Accounts Payable	-	44.41	51.1	24.81	19.64
Accrued Expenses	-	18.84	19.33	20.17	13.38
Short-Term Debt	-	70.05	-	-	-
Current Portion of Long-Term Debt	-	17.58	11.33	4.97	-
Current Portion of Leases	-	0.24	7.01	8.27	11.5
Current Income Taxes Payable	-	0.01	3.74	7.11	14.21
Current Unearned Revenue	-	30.09	35.04	19.57	38.48
Other Current Liabilities	-	148.67	186.62	102.02	39.31
Total Current Liabilities	-	329.89	314.17	186.93	136.52
Long-Term Debt	-	126.79	144.22	44.41	101.4
Long-Term Leases	-	0.78	28.57	34.35	52.44
Long-Term Unearned Revenue	-	60.71	50.45	53.19	55.41
Long-Term Deferred Tax Liabilities	-	0.24	5.04	5.89	-
Other Long-Term Liabilities	-	26.79	2.67	-	-
Total Liabilities	-	545.19	545.12	324.77	345.77
Common Stock	-	649.04	647.43	493.19	393.19
Additional Paid-In Capital	-	1,448	1,445	1,585	470.97
Retained Earnings	-	-356.71	-34.9	93.04	53.51
Comprehensive Income & Other	-	-0.93	0.37	-0	-
Total Common Equity	1,481	1,740	2,058	2,172	917.67
Minority Interest	-	-0.24	0.12	-	-
Shareholders' Equity	1,481	1,740	2,058	2,172	917.67
Total Liabilities & Equity	-	2,285	2,603	2,496	1,263
Total Debt	386.07	215.44	191.13	92	165.34
Net Cash (Debt)	-97.37	254.27	465.92	1,162	453.67
Net Cash Growth	-	-45.43%	-59.90%	156.10%	-33.82%
Net Cash Per Share	-0.15	0.39	0.72	1.92	0.89
Filing Date Shares Outstanding	629.55	649.04	647.43	641.15	511.15
Total Common Shares Outstanding	630.31	649.04	647.43	641.15	511.15
Working Capital	-	360.54	613.28	1,278	607.98
Book Value Per Share	2.35	2.68	3.18	3.39	1.80
Tangible Book Value	1,428	1,685	2,003	2,120	865.45
Tangible Book Value Per Share	2.26	2.60	3.09	3.31	1.69
Buildings	-	976.37	747.18	98.14	-
Machinery	-	486.18	365.01	140.93	119.02
Construction In Progress	-	71.19	346.32	573.01	191.78

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