SHA:688277 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	-	260.2	310.86	211.39	287.11
Trading Asset Securities	-	-	50.04	40.2	120.63
Cash & Short-Term Investments	347.77	260.2	360.9	251.59	407.74
Cash Growth	33.66%	-27.90%	43.45%	-38.30%	-43.42%
Accounts Receivable	-	70.96	49.66	35.37	37.52
Other Receivables	-	12.53	9.52	11.85	10.16
Receivables	-	83.49	59.18	47.23	47.68
Inventory	-	31.67	26.23	43.8	37.94
Prepaid Expenses	-	-	-	2.99	2.75
Other Current Assets	-	62.61	42.49	27.8	11.3
Total Current Assets	-	437.97	488.8	373.41	507.42
Property, Plant & Equipment	-	422.67	450.35	279.47	112.35
Long-Term Investments	-	596.02	454.34	467.02	265.22
Other Intangible Assets	-	16.34	10.28	6.69	7.61
Long-Term Accounts Receivable	-	8.25	1.65	-	3.41
Long-Term Deferred Tax Assets	-	54.19	77.87	86	54.16
Long-Term Deferred Charges	-	32.54	13.85	19.38	20.23
Other Long-Term Assets	-	123.73	122.34	174.98	308.64
Total Assets	-	1,692	1,619	1,407	1,279
Accounts Payable	-	27.84	27.79	22.52	9.63
Accrued Expenses	-	35.65	43.17	53.73	37.83
Short-Term Debt	-	25.78	32.81	-	-
Current Portion of Long-Term Debt	-	18.19	20.68	3.29	-
Current Portion of Leases	-	3.94	4.9	33.47	22.59
Current Unearned Revenue	-	38.66	17.61	32.11	31.56
Other Current Liabilities	-	6.53	20.08	13.26	11.62
Total Current Liabilities	-	156.6	167.04	158.38	113.23
Long-Term Debt	-	150.37	157.75	21.25	-
Long-Term Leases	-	0.26	3.75	40.41	48.17
Long-Term Unearned Revenue	-	7.21	4.31	11.8	20.7
Long-Term Deferred Tax Liabilities	-	57.89	42.25	52.37	22.56
Other Long-Term Liabilities	-	39.24	6.85	5.18	6.82
Total Liabilities	-	411.58	381.95	289.39	211.48
Common Stock	-	449.39	449.39	419.85	419.85
Additional Paid-In Capital	-	1,045	1,031	668.47	670.68
Retained Earnings	-	-551.92	-467.22	-310.83	-192.12
Comprehensive Income & Other	-	325.47	224.81	266.2	108.54
Total Common Equity	1,249	1,268	1,238	1,044	1,007
Minority Interest	-	12.29	-	73.88	60.62
Shareholders' Equity	1,292	1,280	1,238	1,118	1,068
Total Liabilities & Equity	-	1,692	1,619	1,407	1,279
Total Debt	211.66	198.54	219.89	98.42	70.76
Net Cash (Debt)	136.11	61.65	141.01	153.17	336.98
Net Cash Growth	120.77%	-56.28%	-7.94%	-54.55%	-53.24%
Net Cash Per Share	0.30	0.14	0.32	0.36	0.80
Filing Date Shares Outstanding	426.76	449.39	449.39	419.85	419.85
Total Common Shares Outstanding	455.99	449.39	449.39	419.85	419.85
Working Capital	-	281.37	321.76	215.03	394.19
Book Value Per Share	2.74	2.82	2.75	2.49	2.40
Tangible Book Value	1,204	1,252	1,227	1,037	999.34
Tangible Book Value Per Share	2.64	2.78	2.73	2.47	2.38
Buildings	-	364.64	360.55	132.86	-
Machinery	-	118.95	110.43	108.47	63.3
Construction In Progress	-	-	10.13	-	-

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