SHA:688371 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	-	182.01	191.21	179.69	61.95
Trading Asset Securities	-	520.5	771.44	1,123	-
Cash & Short-Term Investments	724.91	702.51	962.66	1,303	61.95
Cash Growth	3.19%	-27.02%	-26.13%	2003.61%	-72.53%
Accounts Receivable	-	138.53	84.1	101.99	132.46
Other Receivables	-	23.32	17.16	3.39	7.77
Receivables	-	161.86	101.26	105.37	140.23
Inventory	-	132.69	94.33	56.27	86.05
Other Current Assets	-	7.67	35.65	9.44	4.16
Total Current Assets	-	1,005	1,194	1,474	292.39
Property, Plant & Equipment	-	923.52	861.2	547.62	387.99
Long-Term Investments	-	35.02	20	-	-
Other Intangible Assets	-	23.97	23.91	24.54	25.22
Long-Term Accounts Receivable	-	-	0.39	0.46	-
Long-Term Deferred Tax Assets	-	24.84	20.88	10.48	4.73
Long-Term Deferred Charges	-	9.14	9.37	13	7.33
Other Long-Term Assets	-	4.35	11.51	22.22	14.81
Total Assets	-	2,026	2,141	2,093	732.46
Accounts Payable	-	81.51	98.84	40.77	84.59
Accrued Expenses	-	25.9	19.27	35.65	26.74
Short-Term Debt	-	-	-	-	60.18
Current Portion of Long-Term Debt	-	-	-	-	40.06
Current Portion of Leases	-	1.78	3.42	3.88	5.39
Current Income Taxes Payable	-	9.94	7.77	11.43	17.15
Current Unearned Revenue	-	0.13	0.02	0.01	0.89
Other Current Liabilities	-	3.41	4.62	4.67	6.43
Total Current Liabilities	-	122.68	133.93	96.41	241.44
Long-Term Debt	-	-	-	-	20.69
Long-Term Leases	-	0.93	2.61	5.24	7.09
Long-Term Unearned Revenue	-	1.08	1	0.25	0.9
Long-Term Deferred Tax Liabilities	-	-	-	5.27	7.33
Other Long-Term Liabilities	-	0.34	0.22	0.47	0.71
Total Liabilities	-	125.03	137.75	107.64	278.15
Common Stock	-	335.47	335.47	335.47	251.6
Additional Paid-In Capital	-	1,716	1,714	1,654	241.52
Retained Earnings	-	-2.13	-47.24	-5.68	-39.01
Treasury Stock	-	-150	-	-	-
Comprehensive Income & Other	-	0.82	0.86	0.85	0.2
Shareholders' Equity	1,969	1,901	2,003	1,985	454.32
Total Liabilities & Equity	-	2,026	2,141	2,093	732.46
Total Debt	3.92	2.71	6.03	9.12	133.41
Net Cash (Debt)	720.99	699.8	956.63	1,294	-71.46
Net Cash Growth	3.03%	-26.85%	-26.08%	-	-
Net Cash Per Share	2.14	2.02	2.76	4.66	-0.29
Filing Date Shares Outstanding	381.87	321.44	335.47	335.47	251.6
Total Common Shares Outstanding	325.79	321.44	335.47	335.47	251.6
Working Capital	-	882.05	1,060	1,378	50.95
Book Value Per Share	6.04	5.91	5.97	5.92	1.81
Tangible Book Value	1,946	1,877	1,979	1,960	429.1
Tangible Book Value Per Share	5.97	5.84	5.90	5.84	1.71
Buildings	-	651.85	635.8	182.55	155.52
Machinery	-	424.93	357.88	298.94	233.37
Construction In Progress	-	92.77	43.21	191.82	68.5

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