SHA:688333 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	Jan '22 Jan 1, 2022
Cash & Equivalents	-	1,186	3,161	262.11	186.12
Trading Asset Securities	-	1,005	-	30.01	-
Cash & Short-Term Investments	1,693	2,190	3,161	292.12	186.12
Cash Growth	-22.69%	-30.70%	982.01%	56.95%	-53.67%
Accounts Receivable	-	1,146	974.45	704.2	388.83
Other Receivables	-	22.6	38.35	41.79	20.78
Receivables	-	1,169	1,013	745.98	409.62
Inventory	-	827.39	557.04	539.01	390.52
Other Current Assets	-	86.23	33.33	31.54	33.91
Total Current Assets	-	4,273	4,764	1,609	1,020
Property, Plant & Equipment	-	2,550	1,434	1,188	926.16
Long-Term Investments	-	33.26	25.87	22.48	22.5
Other Intangible Assets	-	248.59	174.81	91.22	47.26
Long-Term Accounts Receivable	-	-	0.12	8.12	15.08
Long-Term Deferred Tax Assets	-	95.9	79.58	72.12	37.06
Long-Term Deferred Charges	-	7.08	3.42	6.65	1.51
Other Long-Term Assets	-	77.71	43.7	34.66	37.97
Total Assets	-	7,286	6,526	3,032	2,108
Accounts Payable	-	676.14	314.47	372.32	205.59
Accrued Expenses	-	93	119.13	142.63	49.16
Short-Term Debt	-	504.16	609.92	412.17	86.95
Current Portion of Long-Term Debt	-	103.03	46.33	15.16	8.77
Current Portion of Leases	-	6.4	7.24	5.35	4.25
Current Income Taxes Payable	-	0.85	0.15	0.01	0.25
Current Unearned Revenue	-	68.06	24.99	55.11	38.08
Other Current Liabilities	-	401.29	260.4	162.3	118.35
Total Current Liabilities	-	1,853	1,383	1,165	511.4
Long-Term Debt	-	386.32	175.47	107.96	91.42
Long-Term Leases	-	6.87	7.57	5.59	7.96
Long-Term Unearned Revenue	-	131.19	149.67	83.14	75.37
Long-Term Deferred Tax Liabilities	-	11.87	13.26	14.37	1.98
Other Long-Term Liabilities	-	78.58	58.82	126.08	132.18
Total Liabilities	-	2,468	1,787	1,502	820.32
Common Stock	-	271.77	192.29	113.11	80.79
Additional Paid-In Capital	-	4,174	4,188	1,163	1,032
Retained Earnings	-	428.98	352.88	250.64	171.14
Treasury Stock	-	-62.66	-	-	-
Comprehensive Income & Other	-	5.87	4.95	3.01	3.04
Total Common Equity	4,932	4,818	4,738	1,529	1,287
Shareholders' Equity	4,932	4,818	4,738	1,529	1,287
Total Liabilities & Equity	-	7,286	6,526	3,032	2,108
Total Debt	1,610	1,007	846.52	546.23	199.36
Net Cash (Debt)	83.85	1,184	2,314	-254.12	-13.24
Net Cash Growth	-92.92%	-48.85%	-	-	-
Net Cash Per Share	0.31	4.33	14.29	-1.11	-0.06
Filing Date Shares Outstanding	267.84	269.48	269.2	221.69	221.69
Total Common Shares Outstanding	267.84	269.48	269.2	221.69	221.69
Working Capital	-	2,420	3,381	443.59	508.76
Book Value Per Share	18.36	17.88	17.60	6.90	5.81
Tangible Book Value	4,619	4,569	4,563	1,438	1,240
Tangible Book Value Per Share	17.19	16.96	16.95	6.49	5.59
Buildings	-	528.47	421.04	421.04	419.25
Machinery	-	1,368	948.71	756.03	422
Construction In Progress	-	1,042	340.25	164.73	191.07

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