SHA:688287 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	-	320.36	188.22	278.03	377.15
Short-Term Investments	-	0.82	1.36	-	-
Trading Asset Securities	-	-	-	10	8
Cash & Short-Term Investments	141.05	321.18	189.58	288.03	385.15
Cash Growth	-56.09%	69.42%	-34.18%	-25.21%	-18.86%
Accounts Receivable	-	148.42	176.33	118.96	92.18
Other Receivables	-	-	-	140.29	-
Receivables	-	148.42	176.33	259.25	92.18
Inventory	-	42.6	48.04	36.58	31.35
Prepaid Expenses	-	0.09	0.16	0.02	0.07
Other Current Assets	-	16.9	244.07	17.69	32.16
Total Current Assets	-	529.19	658.18	601.58	540.91
Property, Plant & Equipment	-	307.13	254.41	277.72	318.15
Other Intangible Assets	-	38.36	117.34	108.96	71.47
Long-Term Accounts Receivable	-	0.11	-	-	-
Long-Term Deferred Tax Assets	-	12.89	4.77	2.14	0.76
Long-Term Deferred Charges	-	1.34	12.62	41.28	13.99
Other Long-Term Assets	-	10.14	26.68	3.33	9.76
Total Assets	-	899.17	1,074	1,035	955.04
Accounts Payable	-	25.8	18.62	14.85	6.76
Accrued Expenses	-	12.09	13.81	13.04	8.43
Short-Term Debt	-	-	21.7	-	-
Current Income Taxes Payable	-	-	0.14	10.95	3.67
Current Unearned Revenue	-	0.95	19.21	0.9	11.81
Other Current Liabilities	-	9.5	2.71	0.75	0.27
Total Current Liabilities	-	48.34	76.19	40.49	30.95
Long-Term Debt	-	6.2	-	-	-
Long-Term Leases	-	-	0.72	0.18	0.21
Long-Term Deferred Tax Liabilities	-	-	0.11	0	0
Other Long-Term Liabilities	-	5.81	0.07	-	-
Total Liabilities	-	60.35	77.09	40.67	31.16
Common Stock	-	370.52	370.52	308.76	237.51
Additional Paid-In Capital	-	312.73	312.73	374.48	445.73
Retained Earnings	-	155.57	313.66	311.09	240.64
Shareholders' Equity	766.75	838.81	996.9	994.33	923.88
Total Liabilities & Equity	-	899.17	1,074	1,035	955.04
Total Debt	5.78	6.2	22.42	0.18	0.21
Net Cash (Debt)	135.26	314.98	167.16	287.86	384.94
Net Cash Growth	-57.06%	88.43%	-41.93%	-25.22%	-18.90%
Net Cash Per Share	0.37	0.86	0.48	0.79	1.02
Filing Date Shares Outstanding	337.4	370.52	370.52	370.52	370.52
Total Common Shares Outstanding	370.52	370.52	370.52	370.52	370.52
Working Capital	-	480.85	581.99	561.08	509.96
Book Value Per Share	2.07	2.26	2.69	2.68	2.49
Tangible Book Value	738.98	800.45	879.56	885.37	852.41
Tangible Book Value Per Share	1.99	2.16	2.37	2.39	2.30
Buildings	-	187.69	172.9	169.74	169.74
Machinery	-	187.53	158.18	131.87	78.31
Construction In Progress	-	22.6	-	44.9	126.68

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