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	Mar '26 Mar 31, 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	2,218	2,031	2,154	2,110	797.05	1,137
Trading Asset Securities	465.53	-	40.5	137.02	248.93	65.26
Cash & Short-Term Investments	2,684	2,031	2,194	2,247	1,046	1,202
Cash Growth	25.61%	-7.43%	-2.34%	114.79%	-12.97%	-24.86%
Accounts Receivable	190.58	154.25	143.63	101.14	88.99	62.37
Other Receivables	10.53	10.27	9.38	10.89	12.51	12.45
Receivables	201.11	164.52	153.01	112.03	101.5	74.82
Inventory	178.26	173.27	182.86	110.85	98.98	51.91
Other Current Assets	95.91	74.13	45.85	50.79	45.3	77.33
Total Current Assets	3,159	2,443	2,576	2,520	1,292	1,406
Property, Plant & Equipment	495.2	485.89	363.43	271.21	247.09	188.91
Long-Term Investments	-	-	-	5.99	10	10
Other Intangible Assets	26.92	30.59	50.01	69.27	91.03	116.29
Long-Term Deferred Charges	4.9	5.98	11.39	16.39	20.96	13.03
Other Long-Term Assets	2.45	3.63	3.88	4.02	7.48	11.78
Total Assets	3,688	2,969	3,005	2,887	1,668	1,746
Accounts Payable	265.1	244.16	197.1	137.73	151.72	118.19
Accrued Expenses	55.76	89.52	86.22	82.02	67.5	48.22
Short-Term Debt	842.99	989.05	951.86	795.16	390.79	131.81
Current Portion of Long-Term Debt	51.11	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	37.43	13.97	20.95	20.64	20.29	18.58
Current Unearned Revenue	46.79	1.25	-	-	0.28	0.36
Other Current Liabilities	39.34	38.88	101.15	35.89	34.88	20.16
Total Current Liabilities	1,339	1,428	1,373	1,135	729.19	380.89
Long-Term Debt	84	84	44.35	-	50.09	-
Long-Term Leases	7.51	8.6	26.86	29.46	43.18	48.18
Long-Term Unearned Revenue	8.07	8.07	9.2	11.55	45.04	48.05
Long-Term Deferred Tax Liabilities	0.65	1.64	5.7	9.58	13.32	15.77
Other Long-Term Liabilities	536.58	358.49	292.45	56.6	-	-
Total Liabilities	1,975	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	-1,647	-2,280	-2,117	-1,979	-1,700	-1,243
Comprehensive Income & Other	-14.05	-14.05	-14.47	-5.95	-2.84	-6.32
Total Common Equity	1,713	1,080	1,254	1,633	759.12	1,196
Minority Interest	-	-	-1.26	11.98	28.37	56.76
Shareholders' Equity	1,713	1,080	1,253	1,645	787.49	1,253
Total Liabilities & Equity	3,688	2,969	3,005	2,887	1,668	1,746
Total Debt	985.61	1,133	1,039	888.35	547.8	223.57
Net Cash (Debt)	1,698	898.42	1,155	1,358	498.18	978.32
Net Cash Growth	49.98%	-22.21%	-14.97%	172.65%	-49.08%	-36.78%
Net Cash Per Share	6.41	3.42	4.36	5.31	2.08	4.08
Filing Date Shares Outstanding	264.69	264.71	264.71	264.71	264.49	240
Total Common Shares Outstanding	264.69	264.71	264.71	264.71	240	240
Working Capital	1,820	1,015	1,202	1,385	562.57	1,025
Book Value Per Share	6.47	4.08	4.74	6.17	3.16	4.98
Tangible Book Value	1,686	1,050	1,204	1,564	668.09	1,080
Tangible Book Value Per Share	6.37	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