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	363.95	244.2	652.08	197.61	150.67
Trading Asset Securities	509.6	676	360	335	450
Cash & Short-Term Investments	873.55	920.2	1,012	532.61	600.67
Cash Growth	-5.07%	-9.08%	90.02%	-11.33%	17.19%
Accounts Receivable	263.39	198.32	240.08	251.04	174.15
Other Receivables	6.77	15.15	16.88	12.88	0.84
Receivables	270.16	213.47	256.96	263.92	174.99
Inventory	289.45	298.48	365.85	303.38	119.06
Prepaid Expenses	-	0.19	0.13	0.17	0.14
Other Current Assets	10.42	6.36	30.29	36.2	24.38
Total Current Assets	1,444	1,439	1,665	1,136	919.23
Property, Plant & Equipment	1,473	1,421	1,255	961.04	661.96
Long-Term Investments	80	-	-	1.42	-
Other Intangible Assets	86.08	82.75	92.11	73.43	74.8
Long-Term Deferred Tax Assets	1.24	1.08	0.81	4.5	4.22
Long-Term Deferred Charges	1.26	1.43	0.78	6.25	3.71
Other Long-Term Assets	0.92	3	15.19	3.15	17.73
Total Assets	3,086	2,948	3,029	2,186	1,682
Accounts Payable	362.04	208.33	253.64	320.37	212.72
Accrued Expenses	14.47	24.04	16.66	25.37	22.44
Short-Term Debt	29.02	37.02	35.03	-	-
Current Portion of Long-Term Debt	1.67	2.08	1.37	0.86	-
Current Portion of Leases	-	1.64	1.57	0.29	0.2
Current Income Taxes Payable	12.28	0	4.4	-	6.72
Current Unearned Revenue	28.08	21.21	38.47	40.78	52.72
Other Current Liabilities	39.53	168.16	246.68	198.49	134.42
Total Current Liabilities	487.1	462.5	597.8	586.16	429.22
Long-Term Debt	681.19	655.43	618.06	18.59	-
Long-Term Leases	0.67	1.96	3.57	0.37	0.05
Long-Term Unearned Revenue	13.04	9.12	9.75	10.39	11.03
Long-Term Deferred Tax Liabilities	36.62	23.11	21.29	21.13	17.01
Total Liabilities	1,219	1,152	1,250	636.63	457.31
Common Stock	100.06	100.06	83.38	59.45	57.99
Additional Paid-In Capital	881.5	881.38	903.63	918.69	709.67
Retained Earnings	762.45	683.94	669.22	575.63	466.62
Comprehensive Income & Other	123.66	130.64	122.44	-4.35	-9.94
Shareholders' Equity	1,868	1,796	1,779	1,549	1,224
Total Liabilities & Equity	3,086	2,948	3,029	2,186	1,682
Total Debt	712.55	698.15	659.59	20.1	0.25
Net Cash (Debt)	161	222.05	352.49	512.5	600.41
Net Cash Growth	-27.49%	-37.00%	-31.22%	-14.64%	24.43%
Net Cash Per Share	1.47	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	956.48	976.19	1,068	550.12	490.01
Book Value Per Share	18.67	17.95	17.78	15.51	12.57
Tangible Book Value	1,782	1,713	1,687	1,476	1,150
Tangible Book Value Per Share	17.81	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.