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	223.26	182.01	191.21	179.69	61.95
Trading Asset Securities	516.48	520.5	771.44	1,123	-
Cash & Short-Term Investments	739.74	702.51	962.66	1,303	61.95
Cash Growth	5.30%	-27.02%	-26.13%	2003.61%	-72.53%
Accounts Receivable	135.71	138.53	84.1	101.99	132.46
Other Receivables	1.48	23.32	17.16	3.39	7.77
Receivables	137.19	161.86	101.26	105.37	140.23
Inventory	156.67	132.69	94.33	56.27	86.05
Other Current Assets	16.41	7.67	35.65	9.44	4.16
Total Current Assets	1,050	1,005	1,194	1,474	292.39
Property, Plant & Equipment	917.54	923.52	861.2	547.62	387.99
Long-Term Investments	75.76	35.02	20	-	-
Other Intangible Assets	25.92	23.97	23.91	24.54	25.22
Long-Term Accounts Receivable	-	-	0.39	0.46	-
Long-Term Deferred Tax Assets	37.91	24.84	20.88	10.48	4.73
Long-Term Deferred Charges	9.9	9.14	9.37	13	7.33
Other Long-Term Assets	13.77	4.35	11.51	22.22	14.81
Total Assets	2,131	2,026	2,141	2,093	732.46
Accounts Payable	99.68	81.51	98.84	40.77	84.59
Accrued Expenses	22.8	25.9	19.27	35.65	26.74
Short-Term Debt	-	-	-	-	60.18
Current Portion of Long-Term Debt	2.24	-	-	-	40.06
Current Portion of Leases	-	1.78	3.42	3.88	5.39
Current Income Taxes Payable	3.1	9.94	7.77	11.43	17.15
Current Unearned Revenue	2.67	0.13	0.02	0.01	0.89
Other Current Liabilities	2.53	3.41	4.62	4.67	6.43
Total Current Liabilities	133.02	122.68	133.93	96.41	241.44
Long-Term Debt	-	-	-	-	20.69
Long-Term Leases	1.82	0.93	2.61	5.24	7.09
Long-Term Unearned Revenue	3.57	1.08	1	0.25	0.9
Long-Term Deferred Tax Liabilities	-	-	-	5.27	7.33
Other Long-Term Liabilities	16.85	0.34	0.22	0.47	0.71
Total Liabilities	155.26	125.03	137.75	107.64	278.15
Common Stock	335.47	335.47	335.47	335.47	251.6
Additional Paid-In Capital	1,715	1,716	1,714	1,654	241.52
Retained Earnings	28.08	-2.13	-47.24	-5.68	-39.01
Treasury Stock	-103.68	-150	-	-	-
Comprehensive Income & Other	0.68	0.82	0.86	0.85	0.2
Shareholders' Equity	1,976	1,901	2,003	1,985	454.32
Total Liabilities & Equity	2,131	2,026	2,141	2,093	732.46
Total Debt	4.06	2.71	6.03	9.12	133.41
Net Cash (Debt)	735.68	699.8	956.63	1,294	-71.46
Net Cash Growth	5.13%	-26.85%	-26.08%	-	-
Net Cash Per Share	2.19	2.02	2.76	4.66	-0.29
Filing Date Shares Outstanding	376.76	321.44	335.47	335.47	251.6
Total Common Shares Outstanding	376.76	321.44	335.47	335.47	251.6
Working Capital	917	882.05	1,060	1,378	50.95
Book Value Per Share	5.24	5.91	5.97	5.92	1.81
Tangible Book Value	1,950	1,877	1,979	1,960	429.1
Tangible Book Value Per Share	5.17	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.