SHA:688325 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	-	327.93	367.46	1,069	197.41
Short-Term Investments	-	62.26	20.71	50.17	-
Trading Asset Securities	-	200.61	210.33	357.98	-
Cash & Short-Term Investments	1,451	590.8	598.5	1,477	197.41
Cash Growth	145.53%	-1.29%	-59.48%	648.19%	162.88%
Accounts Receivable	-	40.12	33.74	31.32	19.44
Other Receivables	-	17.88	13.2	4.63	0.54
Receivables	-	58	46.94	35.95	19.99
Inventory	-	105.49	80.01	81.67	44.11
Other Current Assets	-	6.72	10.62	8.7	13.16
Total Current Assets	-	761.01	736.07	1,603	274.66
Property, Plant & Equipment	-	32.49	29.26	20.35	17.05
Long-Term Investments	-	978.44	980.21	74.24	-
Long-Term Deferred Tax Assets	-	9.18	7.2	2.14	0.73
Long-Term Deferred Charges	-	1.54	0.96	1.59	1.67
Other Long-Term Assets	-	-	0.49	0.23	0.42
Total Assets	-	1,783	1,754	1,702	294.52
Accounts Payable	-	25.1	15.43	6.58	16.66
Accrued Expenses	-	30.69	16.4	17.78	24.96
Short-Term Debt	-	-	27.45	22.81	14.94
Current Portion of Leases	-	1.76	2.5	2.06	-
Current Income Taxes Payable	-	0.2	0.43	-	-
Current Unearned Revenue	-	1.51	0.59	0.55	1.29
Other Current Liabilities	-	5.36	4.4	2.78	4.8
Total Current Liabilities	-	64.62	67.21	52.57	62.65
Long-Term Leases	-	4.8	1.61	2.33	6.21
Long-Term Unearned Revenue	-	0.24	0.23	-	-
Long-Term Deferred Tax Liabilities	-	1.03	0.71	1.11	-
Total Liabilities	-	70.68	69.75	56.01	68.86
Common Stock	-	84.95	83.33	80	60
Additional Paid-In Capital	-	1,452	1,438	1,427	78.03
Retained Earnings	-	261.59	199.22	139.45	87.59
Treasury Stock	-	-83.44	-34.53	-	-
Comprehensive Income & Other	-	-3.3	-1.78	-1.1	0.04
Shareholders' Equity	1,720	1,712	1,684	1,646	225.66
Total Liabilities & Equity	-	1,783	1,754	1,702	294.52
Total Debt	74.02	6.56	31.56	27.21	21.15
Net Cash (Debt)	1,377	584.24	566.95	1,450	176.25
Net Cash Growth	135.61%	3.05%	-60.89%	722.54%	170.15%
Net Cash Per Share	16.49	6.81	6.60	18.52	2.79
Filing Date Shares Outstanding	84.14	82.25	80.71	80	80
Total Common Shares Outstanding	84.15	82.25	82.44	80	60
Working Capital	-	696.4	668.86	1,551	212.01
Book Value Per Share	20.43	20.81	20.43	20.57	3.76
Tangible Book Value	1,720	1,712	1,684	1,646	225.66
Tangible Book Value Per Share	20.43	20.81	20.43	20.57	3.76
Machinery	-	48.14	40.5	26.68	17.61

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