SHA:688357 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	-	244.2	652.08	197.61	150.67
Trading Asset Securities	-	676	360	335	450
Cash & Short-Term Investments	896.27	920.2	1,012	532.61	600.67
Cash Growth	-2.60%	-9.08%	90.02%	-11.33%	17.19%
Accounts Receivable	-	198.32	240.08	251.04	174.15
Other Receivables	-	15.15	16.88	12.88	0.84
Receivables	-	213.47	256.96	263.92	174.99
Inventory	-	298.48	365.85	303.38	119.06
Prepaid Expenses	-	0.19	0.13	0.17	0.14
Other Current Assets	-	6.36	30.29	36.2	24.38
Total Current Assets	-	1,439	1,665	1,136	919.23
Property, Plant & Equipment	-	1,421	1,255	961.04	661.96
Long-Term Investments	-	-	-	1.42	-
Other Intangible Assets	-	82.75	92.11	73.43	74.8
Long-Term Deferred Tax Assets	-	1.08	0.81	4.5	4.22
Long-Term Deferred Charges	-	1.43	0.78	6.25	3.71
Other Long-Term Assets	-	3	15.19	3.15	17.73
Total Assets	-	2,948	3,029	2,186	1,682
Accounts Payable	-	208.33	253.64	320.37	212.72
Accrued Expenses	-	24.04	16.66	25.37	22.44
Short-Term Debt	-	37.02	35.03	-	-
Current Portion of Long-Term Debt	-	2.08	1.37	0.86	-
Current Portion of Leases	-	1.64	1.57	0.29	0.2
Current Income Taxes Payable	-	0	4.4	-	6.72
Current Unearned Revenue	-	21.21	38.47	40.78	52.72
Other Current Liabilities	-	168.16	246.68	198.49	134.42
Total Current Liabilities	-	462.5	597.8	586.16	429.22
Long-Term Debt	-	655.43	618.06	18.59	-
Long-Term Leases	-	1.96	3.57	0.37	0.05
Long-Term Unearned Revenue	-	9.12	9.75	10.39	11.03
Long-Term Deferred Tax Liabilities	-	23.11	21.29	21.13	17.01
Total Liabilities	-	1,152	1,250	636.63	457.31
Common Stock	-	100.06	83.38	59.45	57.99
Additional Paid-In Capital	-	881.38	903.63	918.69	709.67
Retained Earnings	-	683.94	669.22	575.63	466.62
Comprehensive Income & Other	-	130.64	122.44	-4.35	-9.94
Shareholders' Equity	1,859	1,796	1,779	1,549	1,224
Total Liabilities & Equity	-	2,948	3,029	2,186	1,682
Total Debt	686.16	698.15	659.59	20.1	0.25
Net Cash (Debt)	210.12	222.05	352.49	512.5	600.41
Net Cash Growth	-5.38%	-37.00%	-31.22%	-14.64%	24.43%
Net Cash Per Share	2.09	2.02	3.34	5.15	6.14
Filing Date Shares Outstanding	100.06	100.06	100.06	99.88	97.43
Total Common Shares Outstanding	100.06	100.06	100.06	99.88	97.43
Working Capital	-	976.19	1,068	550.12	490.01
Book Value Per Share	18.58	17.95	17.78	15.51	12.57
Tangible Book Value	1,777	1,713	1,687	1,476	1,150
Tangible Book Value Per Share	17.76	17.12	16.86	14.78	11.80
Buildings	-	565	470.96	289.19	233.32
Machinery	-	803.45	720.46	619.88	436.23
Construction In Progress	-	320.7	262	199.3	117.21

Source: S&P Global Market Intelligence. Standard template. Financial Sources.