SHA:688239 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	734.3	613.79	768.46	322.25	326.37	159.78
Trading Asset Securities	65.74	0.05	-	-	-	-
Cash & Short-Term Investments	800.04	613.84	768.46	322.25	326.37	159.78
Cash Growth	30.08%	-20.12%	138.47%	-1.26%	104.26%	140.37%
Accounts Receivable	1,593	1,442	1,213	984.31	749.46	618.18
Other Receivables	9.43	2.33	4.48	17.4	0.21	1.12
Receivables	1,602	1,445	1,217	1,002	749.7	619.47
Inventory	1,214	1,042	889.05	875	795.1	573.61
Prepaid Expenses	-	-	-	-	-	1.57
Other Current Assets	242.41	176.27	90.26	39.63	110.91	88.32
Total Current Assets	3,859	3,277	2,965	2,239	1,982	1,443
Property, Plant & Equipment	1,552	1,352	1,013	907.08	848.19	640.89
Long-Term Investments	166.13	59.41	66.89	66.09	2.69	1.62
Goodwill	10.29	10.29	21.68	-	-	-
Other Intangible Assets	143.39	137.5	142.32	38.12	39.5	33.72
Long-Term Accounts Receivable	-	4.46	6.64	1.76	1.86	0.46
Long-Term Deferred Tax Assets	57.75	46.33	40.46	41.67	37.84	18.87
Long-Term Deferred Charges	31.84	7.55	5.55	2.32	1.51	2.03
Other Long-Term Assets	34.42	61.22	24.83	113.03	76.01	59.35
Total Assets	5,855	4,956	4,287	3,409	2,990	2,200

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	1,515	1,143	727.82	710.71	788.14	548.92
Accrued Expenses	19.83	33.53	33.01	26.23	31.93	23.52
Short-Term Debt	323.54	226.17	272.09	306.29	255.08	284.05
Current Portion of Long-Term Debt	199.62	147.68	133.6	111.79	81.03	2.02
Current Portion of Leases	-	4.51	3.03	2.09	1.63	0.56
Current Income Taxes Payable	27.74	16.89	19.1	12.48	17.81	11.92
Current Unearned Revenue	19.3	8.61	3.42	5.25	10.5	2.67
Other Current Liabilities	42.97	31.29	43.91	89.96	129.5	77.2
Total Current Liabilities	2,148	1,612	1,236	1,265	1,316	950.87
Long-Term Debt	1,133	1,039	976.4	321.64	369.89	159.16
Long-Term Leases	3	3.89	2.7	3.27	4.36	1.55
Long-Term Unearned Revenue	298.84	279.44	212.32	115.7	52.12	47.71
Long-Term Deferred Tax Liabilities	12.97	2.14	2.34	1.01	1.26	0.02
Total Liabilities	3,596	2,936	2,430	1,706	1,743	1,159

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	190.91	190.63	147.79	147.56	142.71	140
Additional Paid-In Capital	1,047	1,035	1,111	1,123	848.63	705.59
Retained Earnings	962.12	806.56	652.27	494.44	350.09	194.8
Treasury Stock	-20.82	-25.01	-63.04	-78.32	-94.98	-
Comprehensive Income & Other	50.8	-11.33	-13.99	0.6	-	-
Total Common Equity	2,230	1,995	1,834	1,687	1,246	1,040
Minority Interest	28.79	23.78	22.7	14.97	-	-
Shareholders' Equity	2,258	2,019	1,857	1,702	1,246	1,040
Total Liabilities & Equity	5,855	4,956	4,287	3,409	2,990	2,200

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	1,659	1,421	1,388	745.09	711.99	447.33
Net Cash (Debt)	-858.99	-807.23	-619.36	-422.84	-385.62	-287.56
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-4.49	-4.08	-3.22	-2.26	-2.12	-1.80
Filing Date Shares Outstanding	191.22	189.94	191.15	185.64	182.56	182
Total Common Shares Outstanding	191.22	189.94	191.15	185.64	182.56	182
Working Capital	1,711	1,665	1,729	973.94	666.47	491.88
Book Value Per Share	11.66	10.51	9.60	9.09	6.83	5.72
Tangible Book Value	2,076	1,848	1,670	1,649	1,207	1,007
Tangible Book Value Per Share	10.86	9.73	8.74	8.88	6.61	5.53
Buildings	-	540.49	531.86	525.97	388.44	153.88
Machinery	-	705.7	650.92	609.53	533.87	237.56
Construction In Progress	-	479.68	147.27	26.44	131.05	428.27
Order Backlog	-	3,529	-	-	-	-