SHA:688320 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	159.68	43.02	91.33	192.92	416.02	86.27
Trading Asset Securities	19.29	8	-	-	-	-
Cash & Short-Term Investments	178.97	51.02	91.33	192.92	416.02	86.27
Cash Growth	142.47%	-44.13%	-52.66%	-53.63%	382.24%	-3.09%
Accounts Receivable	1,002	802.68	671.29	716.74	619.54	376.69
Other Receivables	9.16	4.92	4.64	9.27	3.17	2.31
Receivables	1,011	807.6	675.93	726.01	622.71	379
Inventory	553.93	308.36	394.65	457.33	477.65	234.23
Prepaid Expenses	-	0.54	0.52	3.59	-	-
Other Current Assets	55.09	39.43	74.65	70.39	94.44	40.06
Total Current Assets	1,799	1,207	1,237	1,450	1,611	739.56
Property, Plant & Equipment	560.69	597.73	600.98	569.89	393.69	157.21
Long-Term Investments	55.89	34.41	31.92	27.66	28.54	1.5
Goodwill	-	-	-	3.26	3.26	3.26
Other Intangible Assets	82.12	85.85	63.89	70.94	50.57	49.79
Long-Term Deferred Tax Assets	30.95	31.14	25.58	14.62	10.98	10.81
Long-Term Deferred Charges	3.7	4.59	7.2	11.69	13.81	6.49
Other Long-Term Assets	24.14	5.29	3.82	8.14	9.07	3.63
Total Assets	2,557	1,966	1,970	2,156	2,121	972.24

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Accounts Payable	732.59	370.88	224.16	318.88	412.59	219.28
Accrued Expenses	41.68	53.53	47.21	45.43	40.05	38.37
Short-Term Debt	290.07	161.16	201.52	161.08	60.53	21.11
Current Portion of Long-Term Debt	-	29.99	60.05	-	-	-
Current Portion of Leases	-	7.56	8.01	7.56	3.98	1.32
Current Income Taxes Payable	5.85	0.05	0.04	0.03	0.11	3.56
Current Unearned Revenue	18.69	10.65	9.45	4.88	17.02	6.29
Other Current Liabilities	119.12	25.19	23.68	2.9	3.49	2.41
Total Current Liabilities	1,208	659.02	574.13	540.76	537.77	292.34
Long-Term Debt	24.37	49.88	49.99	-	-	-
Long-Term Leases	6.11	4.32	3.58	7.18	5.27	2.07
Long-Term Unearned Revenue	29.43	30.81	32.61	21.34	23.07	24
Long-Term Deferred Tax Liabilities	5.62	5.29	0.02	0.03	-	-
Other Long-Term Liabilities	-	-	-	22.55	20.56	20.22
Total Liabilities	1,274	749.33	660.34	591.87	586.66	338.63

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Common Stock	151.01	151.01	151.01	151.01	151.01	113.25
Additional Paid-In Capital	1,028	975.23	944.94	952.55	947.02	172.29
Retained Earnings	176.48	153.43	283.47	465.16	438.79	348.41
Treasury Stock	-66.88	-62.13	-62.13	-	-	-
Comprehensive Income & Other	-4.12	-3.78	-0.18	-	-	-
Total Common Equity	1,285	1,214	1,317	1,569	1,537	633.96
Minority Interest	-1.37	2.89	-6.99	-4.16	-2.74	-0.34
Shareholders' Equity	1,283	1,217	1,310	1,565	1,534	633.62
Total Liabilities & Equity	2,557	1,966	1,970	2,156	2,121	972.24

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Total Debt	320.55	252.91	323.16	175.82	69.78	24.49
Net Cash (Debt)	-141.58	-201.89	-231.83	17.1	346.24	61.78
Net Cash Growth	-	-	-	-95.06%	460.48%	-24.25%
Net Cash Per Share	-	-1.37	-1.54	0.11	2.49	0.54
Filing Date Shares Outstanding	-	148.41	148.41	151.01	151.01	113.25
Total Common Shares Outstanding	-	148.41	148.41	151.01	151.01	113.25
Working Capital	591.18	547.93	662.94	909.46	1,073	447.22
Book Value Per Share	-	8.18	8.87	10.39	10.18	5.60
Tangible Book Value	1,202	1,128	1,253	1,495	1,483	580.9
Tangible Book Value Per Share	-	7.60	8.44	9.90	9.82	5.13
Buildings	-	416.89	403.17	284.89	111.96	64.55
Machinery	-	333.03	320.03	275.16	206.79	131.46
Construction In Progress	-	32.01	5.52	109.73	147.08	18.39