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	256.95	327.93	367.46	1,069	197.41
Short-Term Investments	938.81	62.26	20.71	50.17	-
Trading Asset Securities	140.14	200.61	210.33	357.98	-
Cash & Short-Term Investments	1,336	590.8	598.5	1,477	197.41
Cash Growth	126.12%	-1.29%	-59.48%	648.19%	162.88%
Accounts Receivable	61.61	40.12	33.74	31.32	19.44
Other Receivables	25.29	17.88	13.2	4.63	0.54
Receivables	86.9	58	46.94	35.95	19.99
Inventory	181.4	105.49	80.01	81.67	44.11
Other Current Assets	15.6	6.72	10.62	8.7	13.16
Total Current Assets	1,620	761.01	736.07	1,603	274.66
Property, Plant & Equipment	35.45	32.49	29.26	20.35	17.05
Long-Term Investments	131.42	978.44	980.21	74.24	-
Long-Term Deferred Tax Assets	5.57	9.18	7.2	2.14	0.73
Long-Term Deferred Charges	4.4	1.54	0.96	1.59	1.67
Other Long-Term Assets	154.39	-	0.49	0.23	0.42
Total Assets	1,951	1,783	1,754	1,702	294.52
Accounts Payable	31.86	25.1	15.43	6.58	16.66
Accrued Expenses	37.8	30.69	16.4	17.78	24.96
Short-Term Debt	100.21	-	27.45	22.81	14.94
Current Portion of Long-Term Debt	1.25	-	-	-	-
Current Portion of Leases	0.97	1.76	2.5	2.06	-
Current Income Taxes Payable	-	0.2	0.43	-	-
Current Unearned Revenue	0.23	1.51	0.59	0.55	1.29
Other Current Liabilities	6.45	5.36	4.4	2.78	4.8
Total Current Liabilities	178.79	64.62	67.21	52.57	62.65
Long-Term Debt	8.2	-	-	-	-
Long-Term Leases	3.83	4.8	1.61	2.33	6.21
Long-Term Unearned Revenue	0.23	0.24	0.23	-	-
Long-Term Deferred Tax Liabilities	0.81	1.03	0.71	1.11	-
Total Liabilities	191.85	70.68	69.75	56.01	68.86
Common Stock	86.14	84.95	83.33	80	60
Additional Paid-In Capital	1,464	1,452	1,438	1,427	78.03
Retained Earnings	274.79	261.59	199.22	139.45	87.59
Treasury Stock	-61.62	-83.44	-34.53	-	-
Comprehensive Income & Other	-3.78	-3.3	-1.78	-1.1	0.04
Shareholders' Equity	1,759	1,712	1,684	1,646	225.66
Total Liabilities & Equity	1,951	1,783	1,754	1,702	294.52
Total Debt	114.47	6.56	31.56	27.21	21.15
Net Cash (Debt)	1,221	584.24	566.95	1,450	176.25
Net Cash Growth	109.06%	3.05%	-60.89%	722.54%	170.15%
Net Cash Per Share	14.10	6.81	6.60	18.52	2.79
Filing Date Shares Outstanding	84.15	82.25	80.71	80	80
Total Common Shares Outstanding	84.15	82.25	82.44	80	60
Working Capital	1,441	696.4	668.86	1,551	212.01
Book Value Per Share	20.91	20.81	20.43	20.57	3.76
Tangible Book Value	1,759	1,712	1,684	1,646	225.66
Tangible Book Value Per Share	20.91	20.81	20.43	20.57	3.76
Machinery	59.11	48.14	40.5	26.68	17.61

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