SHA:688286 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	-	144.61	245.94	251.22	421.94
Short-Term Investments	-	42.74	-	30	60
Trading Asset Securities	-	120.2	170.24	189	176
Cash & Short-Term Investments	418.77	307.54	416.19	470.22	657.94
Cash Growth	36.17%	-26.11%	-11.49%	-28.53%	-17.54%
Accounts Receivable	-	74.45	50.22	30.9	32.36
Other Receivables	-	0.41	0.83	0.77	0.37
Receivables	-	74.86	51.05	31.67	32.73
Inventory	-	241.44	173.7	188.52	170.24
Prepaid Expenses	-	-	-	1.08	-
Other Current Assets	-	21.73	19.61	9.74	19.47
Total Current Assets	-	645.56	660.54	701.24	880.38
Property, Plant & Equipment	-	405.6	395.91	391.02	205.94
Long-Term Investments	-	58.24	37.95	21.3	15.3
Goodwill	-	11.62	14.59	18.25	18.34
Other Intangible Assets	-	7.65	10.66	12.51	12.81
Long-Term Deferred Tax Assets	-	9.96	9.96	13	15.11
Long-Term Deferred Charges	-	18.9	22.39	5.92	9.26
Other Long-Term Assets	-	53.34	73.52	4.28	5.04
Total Assets	-	1,211	1,226	1,168	1,162
Accounts Payable	-	51.83	45.89	21.36	23.87
Accrued Expenses	-	9.5	9.79	10.23	11.21
Short-Term Debt	-	3	9.91	-	-
Current Portion of Long-Term Debt	-	20.23	0.42	-	-
Current Portion of Leases	-	2.81	2.58	5.21	4.04
Current Income Taxes Payable	-	-	-	-	0
Current Unearned Revenue	-	26.48	15.34	1.87	1.92
Other Current Liabilities	-	31.94	29.78	80.32	8.39
Total Current Liabilities	-	145.79	113.71	119	49.43
Long-Term Debt	-	19.2	19.6	-	-
Long-Term Leases	-	8.48	10.95	9.92	3.89
Long-Term Unearned Revenue	-	8.43	9.2	7.74	4.1
Long-Term Deferred Tax Liabilities	-	0.47	0.58	0.68	0.79
Other Long-Term Liabilities	-	0.12	1.22	0.59	-
Total Liabilities	-	182.49	155.26	137.93	58.2
Common Stock	-	55.99	55.89	53.59	53.43
Additional Paid-In Capital	-	1,029	1,020	896.57	892.16
Retained Earnings	-	-39.3	-4.06	97.79	156.66
Treasury Stock	-	-18.97	-2.96	-19.98	-
Total Common Equity	1,071	1,027	1,069	1,028	1,102
Minority Interest	-	1.26	1.58	1.63	1.72
Shareholders' Equity	1,073	1,028	1,070	1,030	1,104
Total Liabilities & Equity	-	1,211	1,226	1,168	1,162
Total Debt	60.59	53.72	43.46	15.14	7.92
Net Cash (Debt)	358.18	253.82	372.73	455.08	650.01
Net Cash Growth	41.12%	-31.90%	-18.10%	-29.99%	-18.53%
Net Cash Per Share	6.41	4.54	6.95	8.60	12.03
Filing Date Shares Outstanding	57.23	57.89	55.08	53.17	53.3
Total Common Shares Outstanding	57.23	57.89	55.08	53.17	53.43
Working Capital	-	499.77	546.83	582.24	830.95
Book Value Per Share	19.77	17.74	19.40	19.33	20.63
Tangible Book Value	1,053	1,008	1,043	997.2	1,071
Tangible Book Value Per Share	19.44	17.41	18.94	18.76	20.05
Buildings	-	232.9	232.78	229.01	1.59
Machinery	-	248.98	212.08	7.76	121.68
Construction In Progress	-	27.9	19.64	39.25	108.02

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