SHA:688308 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	-	300.01	574.75	551.04	189.12
Trading Asset Securities	-	371.78	589.99	536.68	256.38
Cash & Short-Term Investments	361.34	671.79	1,165	1,088	445.5
Cash Growth	-46.21%	-42.32%	7.08%	144.16%	-32.14%
Accounts Receivable	-	659.69	541.78	398.75	380.37
Other Receivables	-	3.56	4.33	3.16	0.27
Receivables	-	663.25	546.11	401.91	380.64
Inventory	-	631.13	494.23	373.42	272.13
Prepaid Expenses	-	5.88	5.37	3.1	0
Other Current Assets	-	104.31	91.27	40.14	38.49
Total Current Assets	-	2,076	2,302	1,906	1,137
Property, Plant & Equipment	-	1,720	1,401	1,082	642.2
Other Intangible Assets	-	101.68	104.04	106.34	108.61
Long-Term Deferred Tax Assets	-	23.53	7.76	12.24	4.52
Long-Term Deferred Charges	-	15.73	10.09	9.35	10.94
Other Long-Term Assets	-	22.16	56.03	56.75	29.93
Total Assets	-	3,960	3,880	3,173	1,933
Accounts Payable	-	527.11	445.32	422.74	124.31
Accrued Expenses	-	40.59	35.68	25.7	33.69
Short-Term Debt	-	466.28	665.03	87.02	5.01
Current Portion of Long-Term Debt	-	62.01	-	3	2.01
Current Portion of Leases	-	0.42	-	-	-
Current Income Taxes Payable	-	5.21	0.09	5.06	20.71
Current Unearned Revenue	-	14.46	9.82	8.63	6.75
Other Current Liabilities	-	93.51	117.45	87.07	194.01
Total Current Liabilities	-	1,210	1,273	639.24	386.48
Long-Term Debt	-	87.22	-	-	3
Long-Term Leases	-	6.52	-	-	-
Long-Term Unearned Revenue	-	105.72	43.46	55.65	44.74
Long-Term Deferred Tax Liabilities	-	-	-	10.11	4.26
Total Liabilities	-	1,409	1,317	705	438.48
Common Stock	-	158.78	158.78	112.62	100
Additional Paid-In Capital	-	1,695	1,695	1,719	930.13
Retained Earnings	-	723.38	721.31	634.61	462.53
Treasury Stock	-	-30.13	-11.93	-	-
Comprehensive Income & Other	-	1.19	0.28	1.47	1.83
Total Common Equity	2,578	2,548	2,563	2,468	1,494
Minority Interest	-	2.44	-	-	-
Shareholders' Equity	2,578	2,551	2,563	2,468	1,494
Total Liabilities & Equity	-	3,960	3,880	3,173	1,933
Total Debt	717.21	622.46	665.03	90.03	10.01
Net Cash (Debt)	-355.87	49.34	499.7	997.7	435.49
Net Cash Growth	-	-90.13%	-49.91%	129.10%	-31.21%
Net Cash Per Share	-2.26	0.31	3.16	7.05	3.11
Filing Date Shares Outstanding	149.91	157.53	157.97	157.66	140
Total Common Shares Outstanding	157.53	157.53	158.39	157.66	140
Working Capital	-	866.77	1,028	1,267	750.29
Book Value Per Share	16.37	16.18	16.18	15.65	10.67
Tangible Book Value	2,477	2,446	2,459	2,361	1,386
Tangible Book Value Per Share	15.73	15.53	15.53	14.98	9.90
Buildings	-	678.36	582.03	233.09	140.53
Machinery	-	1,422	963.3	918.77	612.79
Construction In Progress	-	151.41	278.35	266.41	166.95

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