SHA:688256 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	1,317	1,986	3,954	2,467	2,921
Short-Term Investments	-	-	-	620.99	2,286
Trading Asset Securities	4,261	760.18	700.27	-	-
Cash & Short-Term Investments	5,579	2,747	4,654	3,088	5,207
Cash Growth	103.10%	-40.98%	50.70%	-40.69%	6.80%
Accounts Receivable	676.84	334.03	683.57	811.2	514.04
Other Receivables	16.15	19.25	26.14	33.54	0.03
Receivables	692.99	353.29	709.72	844.74	514.08
Inventory	4,944	1,774	99.4	287.12	287.03
Prepaid Expenses	-	-	-	-	12.83
Other Current Assets	865.41	926.38	184.42	35	149.98
Total Current Assets	12,080	5,800	5,648	4,255	6,171
Property, Plant & Equipment	553.47	397.36	291.77	365.07	378.38
Long-Term Investments	391	297.05	310.3	836.55	137.6
Other Intangible Assets	189.11	182.76	149.93	291.15	261.03
Long-Term Deferred Tax Assets	0.37	0.04	0.29	0.46	0
Long-Term Deferred Charges	28.23	15.02	5.6	15.76	12.38
Other Long-Term Assets	195.09	25.25	12.63	6.67	28.93
Total Assets	13,438	6,718	6,418	5,771	6,989
Accounts Payable	943.29	413.07	153.74	166.4	176.58
Accrued Expenses	174.91	160.02	162.31	213.99	199.83
Short-Term Debt	-	100.09	-	-	-
Current Portion of Leases	14.22	12.45	35.18	62.94	53.39
Current Income Taxes Payable	1.35	1.01	3.3	2.33	4.99
Current Unearned Revenue	0.61	0.89	0.26	0.14	0.23
Other Current Liabilities	198.58	130.6	108.39	96.34	67.57
Total Current Liabilities	1,333	818.14	463.18	542.14	502.6
Long-Term Leases	2.49	1.77	5.14	41.69	41.72
Long-Term Unearned Revenue	258.86	467.16	219.82	246.76	464.62
Long-Term Deferred Tax Liabilities	0.14	0.27	0.37	0.5	-
Total Liabilities	1,594	1,287	688.51	831.1	1,009
Common Stock	421.69	417.46	416.59	400.81	400.1
Additional Paid-In Capital	11,270	9,809	9,577	7,874	7,607
Retained Earnings	164.25	-4,673	-4,221	-3,373	-2,116
Treasury Stock	-20.06	-130.29	-123.08	-47.61	-
Total Common Equity	11,836	5,423	5,650	4,855	5,891
Minority Interest	7.08	7.82	79.69	84.83	89.25
Shareholders' Equity	11,843	5,430	5,730	4,940	5,980
Total Liabilities & Equity	13,438	6,718	6,418	5,771	6,989
Total Debt	16.71	114.31	40.31	104.64	95.11
Net Cash (Debt)	5,562	2,632	4,614	2,984	5,112
Net Cash Growth	111.28%	-42.94%	54.63%	-41.63%	4.85%
Net Cash Per Share	13.18	6.34	11.26	7.46	12.76
Filing Date Shares Outstanding	421.65	417.22	416.41	399.95	400.1
Total Common Shares Outstanding	421.65	417.22	416.41	399.95	400.1
Working Capital	10,747	4,982	5,184	3,713	5,668
Book Value Per Share	28.07	13.00	13.57	12.14	14.72
Tangible Book Value	11,647	5,240	5,500	4,564	5,630
Tangible Book Value Per Share	27.62	12.56	13.21	11.41	14.07
Machinery	901.38	645.12	470.37	469.95	415.92
Construction In Progress	163.5	150.23	109.16	26.16	1.06

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