SHA:688266 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	2,094	2,031	2,154	2,110	797.05	1,137
Trading Asset Securities	375.58	-	40.5	137.02	248.93	65.26
Cash & Short-Term Investments	2,470	2,031	2,194	2,247	1,046	1,202
Cash Growth	14.79%	-7.43%	-2.34%	114.79%	-12.97%	-24.86%
Accounts Receivable	204.29	154.25	143.63	101.14	88.99	62.37
Other Receivables	7.58	10.27	9.38	10.89	12.51	12.45
Receivables	211.87	164.52	153.01	112.03	101.5	74.82
Inventory	192.87	173.27	182.86	110.85	98.98	51.91
Other Current Assets	87.52	74.13	45.85	50.79	45.3	77.33
Total Current Assets	2,962	2,443	2,576	2,520	1,292	1,406
Property, Plant & Equipment	522.62	485.89	363.43	271.21	247.09	188.91
Long-Term Investments	-	-	-	5.99	10	10
Other Intangible Assets	24.46	30.59	50.01	69.27	91.03	116.29
Long-Term Deferred Charges	3.88	5.98	11.39	16.39	20.96	13.03
Other Long-Term Assets	13.32	3.63	3.88	4.02	7.48	11.78
Total Assets	3,526	2,969	3,005	2,887	1,668	1,746
Accounts Payable	293.74	244.16	197.1	137.73	151.72	118.19
Accrued Expenses	74.1	89.52	86.22	82.02	67.5	48.22
Short-Term Debt	674.86	989.05	951.86	795.16	390.79	131.81
Current Portion of Long-Term Debt	48.86	42.1	4.97	50.56	50.04	30.03
Current Portion of Leases	-	9.01	11.2	13.17	13.69	13.55
Current Income Taxes Payable	24.93	13.97	20.95	20.64	20.29	18.58
Current Unearned Revenue	39.29	1.25	-	-	0.28	0.36
Other Current Liabilities	29.38	38.88	101.15	35.89	34.88	20.16
Total Current Liabilities	1,185	1,428	1,373	1,135	729.19	380.89
Long-Term Debt	83.5	84	44.35	-	50.09	-
Long-Term Leases	5.72	8.6	26.86	29.46	43.18	48.18
Long-Term Unearned Revenue	7.68	8.07	9.2	11.55	45.04	48.05
Long-Term Deferred Tax Liabilities	-	1.64	5.7	9.58	13.32	15.77
Other Long-Term Liabilities	523.69	358.49	292.45	56.6	-	-
Total Liabilities	1,806	1,889	1,752	1,242	880.82	492.88
Common Stock	264.71	264.71	264.71	264.71	240	240
Additional Paid-In Capital	3,109	3,109	3,120	3,353	2,222	2,205
Retained Earnings	-1,640	-2,280	-2,117	-1,979	-1,700	-1,243
Comprehensive Income & Other	-14.02	-14.05	-14.47	-5.95	-2.84	-6.32
Total Common Equity	1,720	1,080	1,254	1,633	759.12	1,196
Minority Interest	-	-	-1.26	11.98	28.37	56.76
Shareholders' Equity	1,720	1,080	1,253	1,645	787.49	1,253
Total Liabilities & Equity	3,526	2,969	3,005	2,887	1,668	1,746
Total Debt	812.94	1,133	1,039	888.35	547.8	223.57
Net Cash (Debt)	1,657	898.42	1,155	1,358	498.18	978.32
Net Cash Growth	63.57%	-22.21%	-14.97%	172.65%	-49.08%	-36.78%
Net Cash Per Share	6.25	3.42	4.36	5.31	2.08	4.08
Filing Date Shares Outstanding	264.24	264.71	264.71	264.71	264.49	240
Total Common Shares Outstanding	264.24	264.71	264.71	264.71	240	240
Working Capital	1,777	1,015	1,202	1,385	562.57	1,025
Book Value Per Share	6.51	4.08	4.74	6.17	3.16	4.98
Tangible Book Value	1,696	1,050	1,204	1,564	668.09	1,080
Tangible Book Value Per Share	6.42	3.97	4.55	5.91	2.78	4.50
Buildings	-	138.34	135.26	41.93	41.93	41.21
Machinery	-	158.18	145.53	120.48	121.74	96.02
Construction In Progress	-	275.93	123.47	135.83	86.67	27.25