SHA:688281 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	-	1,059	1,085	879.55	131.39
Trading Asset Securities	-	1,992	1,820	2,070	-
Cash & Short-Term Investments	3,065	3,051	2,905	2,950	131.39
Cash Growth	0.44%	5.04%	-1.54%	2145.20%	421.43%
Accounts Receivable	-	870.6	957.92	644.25	416.49
Other Receivables	-	4.24	2.42	5.65	9.61
Receivables	-	874.85	960.34	649.9	426.1
Inventory	-	219.89	125.12	43.76	34.16
Other Current Assets	-	53.92	20.49	2.82	15.46
Total Current Assets	-	4,200	4,011	3,646	607.11
Property, Plant & Equipment	-	1,488	756.34	325.74	108.38
Long-Term Investments	-	39.1	42.54	13.5	-
Other Intangible Assets	-	139.91	110.8	45.84	46.69
Long-Term Deferred Tax Assets	-	81.77	63.8	6.5	3.91
Long-Term Deferred Charges	-	33.26	2.05	0.4	0.62
Other Long-Term Assets	-	64.53	175.59	181.05	1.68
Total Assets	-	6,047	5,162	4,219	768.39
Accounts Payable	-	476.87	394.83	255.79	75.79
Accrued Expenses	-	43.26	34.35	28.51	20.22
Short-Term Debt	-	73.23	133.93	-	-
Current Portion of Long-Term Debt	-	13.54	0.12	-	5
Current Portion of Leases	-	5.99	3.79	-	0.21
Current Income Taxes Payable	-	16.57	25.98	17.61	16.17
Current Unearned Revenue	-	20.98	14.72	3.8	1.41
Other Current Liabilities	-	11.82	5.57	2.47	3.88
Total Current Liabilities	-	662.26	613.3	308.18	122.68
Long-Term Debt	-	544.53	178.92	-	64
Long-Term Leases	-	108.1	6.25	-	0.22
Long-Term Unearned Revenue	-	55.3	49.78	45.97	45.55
Long-Term Deferred Tax Liabilities	-	3.1	4.36	3.45	-
Total Liabilities	-	1,373	852.6	357.59	232.45
Common Stock	-	194.69	139.07	93.33	50
Additional Paid-In Capital	-	3,061	3,113	3,062	147.16
Retained Earnings	-	1,317	950.28	648.87	338.79
Total Common Equity	4,658	4,573	4,203	3,804	535.94
Minority Interest	-	100.66	106.45	57.57	-
Shareholders' Equity	4,922	4,674	4,309	3,862	535.94
Total Liabilities & Equity	-	6,047	5,162	4,219	768.39
Total Debt	1,124	745.38	323.02	-	69.43
Net Cash (Debt)	1,940	2,306	2,582	2,950	61.96
Net Cash Growth	-15.86%	-10.69%	-12.48%	4661.24%	-
Net Cash Per Share	7.12	8.47	9.47	13.63	0.30
Filing Date Shares Outstanding	272.57	272.57	272.57	272.57	204.43
Total Common Shares Outstanding	272.57	272.57	272.57	272.57	204.43
Working Capital	-	3,538	3,397	3,338	484.43
Book Value Per Share	17.09	16.78	15.42	13.96	2.62
Tangible Book Value	4,392	4,433	4,092	3,758	489.26
Tangible Book Value Per Share	16.11	16.26	15.01	13.79	2.39
Buildings	-	233.33	137.79	78.25	77.32
Machinery	-	424.71	192.57	77.31	47.47
Construction In Progress	-	796.82	456.59	195.55	0.12

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