SHA:688373 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	-	386.26	166.31	151.09	145.52
Trading Asset Securities	-	207.36	786.98	1,119	326.36
Cash & Short-Term Investments	483.71	593.62	953.3	1,270	471.88
Cash Growth	-18.52%	-37.73%	-24.95%	169.17%	-25.92%
Accounts Receivable	-	31.88	21.98	11.1	1.42
Other Receivables	-	21.02	0.19	0.34	0
Receivables	-	52.9	22.17	11.44	1.42
Inventory	-	52.94	37.52	21.89	11.01
Other Current Assets	-	49.21	41.27	67.01	25.29
Total Current Assets	-	748.66	1,054	1,371	509.59
Property, Plant & Equipment	-	75.8	86.21	97.46	122.8
Other Intangible Assets	-	1.68	1.93	2.19	0.84
Long-Term Deferred Charges	-	19.1	21.75	22.68	1.83
Other Long-Term Assets	-	3.89	4.42	4.54	13.48
Total Assets	-	849.13	1,169	1,497	648.54
Accounts Payable	-	26.21	11.13	10.85	1.91
Accrued Expenses	-	78.63	94.51	37.41	29.45
Short-Term Debt	-	5	-	48.75	50.08
Current Portion of Long-Term Debt	-	89.23	14.15	10.1	-
Current Portion of Leases	-	11.51	10.38	6.47	11.04
Current Income Taxes Payable	-	-	4.41	-	-
Current Unearned Revenue	-	-	0.13	-	-
Other Current Liabilities	-	1.71	1.93	1.52	1.71
Total Current Liabilities	-	212.3	136.65	115.11	94.19
Long-Term Debt	-	122.94	114.96	70	-
Long-Term Leases	-	73.18	81.7	94.89	99.87
Long-Term Unearned Revenue	-	1.75	1.25	3.1	16.1
Total Liabilities	-	410.16	334.56	283.1	210.17
Common Stock	-	655.61	655.21	655.21	525.21
Additional Paid-In Capital	-	1,571	1,532	1,495	636.77
Retained Earnings	-	-1,805	-1,364	-942.85	-722.55
Comprehensive Income & Other	-	17.08	10.91	7.19	-1.06
Shareholders' Equity	257.55	438.96	834	1,214	438.37
Total Liabilities & Equity	-	849.13	1,169	1,497	648.54
Total Debt	364.82	301.86	221.19	230.21	160.99
Net Cash (Debt)	118.89	291.76	732.11	1,040	310.88
Net Cash Growth	-59.25%	-60.15%	-29.60%	234.52%	-50.69%
Net Cash Per Share	0.18	0.45	1.12	1.79	0.59
Filing Date Shares Outstanding	676.66	655.61	655.21	655.21	525.21
Total Common Shares Outstanding	655.61	655.61	655.21	655.21	525.21
Working Capital	-	536.37	917.61	1,255	415.39
Book Value Per Share	0.39	0.67	1.27	1.85	0.83
Tangible Book Value	256.46	437.28	832.07	1,212	437.53
Tangible Book Value Per Share	0.39	0.67	1.27	1.85	0.83
Machinery	-	14.41	14.18	11.75	6.01
Construction In Progress	-	-	-	-	15.65

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