SHA:688269 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	-	304.2	316.25	460.32	415.21
Trading Asset Securities	-	-	-	-	100.56
Cash & Short-Term Investments	155.77	304.2	316.25	460.32	515.76
Cash Growth	-48.79%	-3.81%	-31.30%	-10.75%	332.93%
Accounts Receivable	-	268.93	223.97	205.56	208.72
Other Receivables	-	6.44	6.28	6.63	7.07
Receivables	-	275.37	230.25	212.19	215.79
Inventory	-	332.66	196.09	352.77	193.14
Other Current Assets	-	70.94	48.49	16.19	12.04
Total Current Assets	-	983.18	791.07	1,041	936.73
Property, Plant & Equipment	-	840.85	618.82	376.03	160.38
Long-Term Investments	-	42.29	44.89	46.95	5.75
Other Intangible Assets	-	152.06	37.75	38.02	38.57
Long-Term Deferred Tax Assets	-	3.99	2.15	1.38	1.16
Other Long-Term Assets	-	28.97	37.82	25.37	12.99
Total Assets	-	2,051	1,532	1,529	1,156
Accounts Payable	-	185.49	106.05	95.52	58.04
Accrued Expenses	-	16.93	19.05	32.71	26.95
Short-Term Debt	-	463.45	204.13	240.48	69.62
Current Portion of Long-Term Debt	-	14.13	8.11	-	-
Current Portion of Leases	-	-	-	-	5.97
Current Income Taxes Payable	-	0.7	0.01	7.04	4.02
Current Unearned Revenue	-	35.26	7.52	48.03	23.16
Other Current Liabilities	-	58.78	29.59	36.3	34.73
Total Current Liabilities	-	774.73	374.46	460.09	222.49
Long-Term Debt	-	115	84	50.07	50.07
Long-Term Unearned Revenue	-	109.33	79.39	48.88	40.86
Long-Term Deferred Tax Liabilities	-	0.26	0.21	0.34	0.11
Total Liabilities	-	999.32	538.06	559.37	313.54
Common Stock	-	130.7	130.7	130.7	93.36
Additional Paid-In Capital	-	449.73	449.73	449.73	487.07
Retained Earnings	-	437.36	410.09	388.71	260.96
Comprehensive Income & Other	-	-4.31	-2.1	0.7	0.64
Total Common Equity	1,029	1,013	988.43	969.84	842.03
Minority Interest	-	38.53	6	-	-
Shareholders' Equity	1,071	1,052	994.43	969.84	842.03
Total Liabilities & Equity	-	2,051	1,532	1,529	1,156
Total Debt	666.19	592.57	296.24	290.55	125.67
Net Cash (Debt)	-510.41	-288.37	20.01	169.77	390.1
Net Cash Growth	-	-	-88.21%	-56.48%	562.44%
Net Cash Per Share	-3.89	-2.21	0.15	1.30	3.41
Filing Date Shares Outstanding	135.69	130.7	130.7	130.7	130.7
Total Common Shares Outstanding	130.7	130.7	130.7	130.7	130.7
Working Capital	-	208.45	416.61	581.38	714.23
Book Value Per Share	7.87	7.75	7.56	7.42	6.44
Tangible Book Value	878.63	861.43	950.68	931.82	803.47
Tangible Book Value Per Share	6.72	6.59	7.27	7.13	6.15
Buildings	-	554.63	480.3	78.47	78.47
Machinery	-	203.12	113.35	57.02	20
Construction In Progress	-	145.15	65.92	271.87	61.82

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