SHA:688279 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	299.8	297.36	608.7	519.59	391.77
Short-Term Investments	2,570	298.31	73.53	27.42	-
Trading Asset Securities	1,061	824.4	1,071	1,468	-
Cash & Short-Term Investments	3,931	1,420	1,753	2,015	391.77
Cash Growth	176.85%	-18.98%	-13.00%	414.23%	43.62%
Accounts Receivable	12.49	5.64	5.77	1.43	2.76
Other Receivables	5.3	3.16	1.72	1.37	1.03
Receivables	17.79	8.8	7.49	2.8	3.8
Inventory	188.29	160.48	173	156.23	60.68
Other Current Assets	58.08	46.84	37.17	54.23	49.99
Total Current Assets	4,196	1,636	1,970	2,228	506.23
Property, Plant & Equipment	177.23	166.15	18.46	13.3	8.56
Long-Term Investments	581.13	795.06	461.01	110.94	-
Other Intangible Assets	29.08	29.7	29.69	3.02	1.82
Long-Term Deferred Tax Assets	22.69	15.6	10.1	1.75	0.83
Long-Term Deferred Charges	1.29	0.84	0.7	0.35	0.71
Other Long-Term Assets	217.04	5.71	3.28	15.69	3.62
Total Assets	5,224	2,649	2,494	2,373	521.77
Accounts Payable	13.66	0.65	6.28	4.2	0.57
Accrued Expenses	69.52	52.24	40.2	30.88	23.1
Current Portion of Long-Term Debt	0.81	1.7	2.15	0.54	-
Current Portion of Leases	3.97	3.64	3.9	3.22	1.93
Current Income Taxes Payable	0.92	0.25	-	-	0.02
Current Unearned Revenue	4.85	1.28	1.03	0.51	1.98
Other Current Liabilities	41.37	19.19	39.42	51.29	70.71
Total Current Liabilities	135.1	78.95	92.98	90.64	98.3
Long-Term Debt	0.84	-	1.65	0.57	-
Long-Term Leases	8.45	12.43	3.72	5.45	1.97
Long-Term Unearned Revenue	5.21	4.93	3.45	2.4	0.05
Long-Term Deferred Tax Liabilities	-	-	0.77	0.97	0
Other Long-Term Liabilities	-	-	-	17.84	-
Total Liabilities	149.6	96.32	102.57	117.87	100.32
Common Stock	114.83	92.36	92.36	92.36	69.27
Additional Paid-In Capital	4,240	1,888	1,872	1,865	156.65
Retained Earnings	740.6	593.55	427.46	296.95	195.59
Treasury Stock	-20.02	-20.02	-	-	-
Comprehensive Income & Other	-1.33	-0.77	-0.83	0.26	-0.06
Shareholders' Equity	5,075	2,553	2,391	2,255	421.45
Total Liabilities & Equity	5,224	2,649	2,494	2,373	521.77
Total Debt	14.07	17.77	11.41	9.78	3.9
Net Cash (Debt)	3,917	1,402	1,741	2,005	387.88
Net Cash Growth	179.36%	-19.47%	-13.14%	416.88%	50.20%
Net Cash Per Share	38.47	15.14	18.82	23.72	5.59
Filing Date Shares Outstanding	114.64	92.17	92.36	92.36	69.27
Total Common Shares Outstanding	114.64	92.17	92.36	92.36	69.27
Working Capital	4,061	1,557	1,877	2,137	407.93
Book Value Per Share	44.26	27.70	25.89	24.42	6.08
Tangible Book Value	5,045	2,523	2,361	2,252	419.64
Tangible Book Value Per Share	44.01	27.38	25.57	24.38	6.06
Buildings	134.44	134.44	-	-	-
Machinery	37.75	22.43	16.18	8.84	7.42
Construction In Progress	11.55	3.21	1	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.