SHA:688343 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	-	926.74	804.54	390.66	862.55
Trading Asset Securities	-	701	2,636	486.58	535.79
Cash & Short-Term Investments	2,618	1,628	3,440	877.24	1,398
Cash Growth	60.82%	-52.68%	292.15%	-37.27%	-15.17%
Accounts Receivable	-	753.37	504.13	448.25	237.2
Other Receivables	-	94.19	37.26	10.38	11.17
Receivables	-	847.56	541.39	458.63	248.37
Inventory	-	249.41	135.91	66.64	60.39
Prepaid Expenses	-	0.19	0	-	-
Other Current Assets	-	259.28	61.63	45.08	9.66
Total Current Assets	-	2,984	4,179	1,448	1,717
Property, Plant & Equipment	-	1,586	357.4	72.87	58.33
Long-Term Investments	-	161.96	67	-	0.1
Goodwill	-	20.37	-	-	-
Other Intangible Assets	-	35.42	2.41	2.4	2.5
Long-Term Accounts Receivable	-	73.76	144.43	94.12	112.8
Long-Term Deferred Tax Assets	-	13.03	6.43	2.64	0.16
Long-Term Deferred Charges	-	1.62	3.53	7.35	11.76
Other Long-Term Assets	-	42.46	93.33	-	0.29
Total Assets	-	4,918	4,854	1,627	1,903
Accounts Payable	-	465.31	246.18	250.72	190.5
Accrued Expenses	-	93.47	96.92	152.89	125.27
Short-Term Debt	-	66.16	-	-	-
Current Portion of Long-Term Debt	-	6.39	-	-	13.18
Current Portion of Leases	-	15.16	13.82	14.13	13.38
Current Income Taxes Payable	-	0.3	0.15	0.1	-
Current Unearned Revenue	-	63.75	44.89	33.69	31.4
Other Current Liabilities	-	76.88	16.81	23.99	34.85
Total Current Liabilities	-	787.41	418.77	475.52	408.58
Long-Term Debt	-	85.75	-	-	-
Long-Term Leases	-	14.18	22.86	2.66	13.57
Long-Term Unearned Revenue	-	75.94	27.76	53.72	75.49
Long-Term Deferred Tax Liabilities	-	9.26	5.58	2.57	-
Total Liabilities	-	972.54	474.97	534.47	497.64
Common Stock	-	355.13	355.13	266.35	266.35
Additional Paid-In Capital	-	5,805	5,617	2,036	1,901
Retained Earnings	-	-2,171	-1,592	-1,209	-761.99
Treasury Stock	-	-39.46	-	-	-
Comprehensive Income & Other	-	-12.44	0.15	0.11	-0.11
Total Common Equity	3,879	3,937	4,380	1,093	1,405
Minority Interest	-	9.28	-1.71	-0.71	-0.11
Shareholders' Equity	3,896	3,946	4,379	1,092	1,405
Total Liabilities & Equity	-	4,918	4,854	1,627	1,903
Total Debt	982.9	187.64	36.67	16.79	40.13
Net Cash (Debt)	1,635	1,440	3,403	860.44	1,358
Net Cash Growth	13.52%	-57.69%	295.55%	-36.65%	-13.47%
Net Cash Per Share	4.59	4.05	10.22	3.23	5.09
Filing Date Shares Outstanding	360.61	353.7	355.13	355.13	266.35
Total Common Shares Outstanding	357.39	353.7	355.13	266.35	266.35
Working Capital	-	2,197	3,760	972.07	1,308
Book Value Per Share	10.85	11.13	12.33	4.10	5.28
Tangible Book Value	3,830	3,881	4,378	1,091	1,403
Tangible Book Value Per Share	10.72	10.97	12.33	4.10	5.27
Machinery	-	1,757	393.84	90.48	53.49

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