SHA:688380 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	-	215.88	917.26	1,062	318.7
Short-Term Investments	-	1,309	787.94	111.69	10.1
Trading Asset Securities	-	889.83	427.01	1,139	588.07
Cash & Short-Term Investments	1,374	2,414	2,132	2,313	916.87
Cash Growth	-43.10%	13.24%	-7.82%	152.29%	241.55%
Accounts Receivable	-	219.39	202.94	165.83	68.37
Other Receivables	-	1.47	3.03	4.7	3.66
Receivables	-	220.86	205.97	170.53	72.03
Inventory	-	376.08	469.22	534.63	256.14
Prepaid Expenses	-	-	0.14	-	-
Other Current Assets	-	67.55	93.74	117.45	67.61
Total Current Assets	-	3,079	2,901	3,136	1,313
Property, Plant & Equipment	-	139.48	152.84	145.96	114.85
Long-Term Investments	-	5	5	-	-
Other Intangible Assets	-	27.77	29.97	31.63	32.97
Long-Term Deferred Tax Assets	-	18.34	21.22	7.94	1.84
Long-Term Deferred Charges	-	37.59	38.58	41.28	16.3
Other Long-Term Assets	-	2.15	2.21	9.61	33.89
Total Assets	-	3,309	3,151	3,372	1,512
Accounts Payable	-	120.39	97.71	91.78	82.55
Accrued Expenses	-	39.43	30.15	39.78	42.63
Short-Term Debt	-	99.4	-	-	10.01
Current Portion of Leases	-	6.92	7.86	6.79	4.35
Current Income Taxes Payable	-	0.44	0.21	1.24	2.5
Current Unearned Revenue	-	7.64	3.27	2.67	18.25
Other Current Liabilities	-	18.32	13.84	11.39	11.38
Total Current Liabilities	-	292.54	153.04	153.64	171.66
Long-Term Leases	-	5.15	8.14	11.79	6.57
Long-Term Unearned Revenue	-	3.01	0.37	0.74	4.85
Long-Term Deferred Tax Liabilities	-	15.24	17.88	17.77	18.74
Total Liabilities	-	315.93	179.44	183.94	201.82
Common Stock	-	400.37	400.37	400.37	337.37
Additional Paid-In Capital	-	1,862	1,862	1,862	108.48
Retained Earnings	-	759.48	722.55	924.66	865.22
Treasury Stock	-	-30.45	-14.89	-	-
Comprehensive Income & Other	-	1.99	1.64	1.25	-0.39
Total Common Equity	3,046	2,993	2,972	3,188	1,311
Shareholders' Equity	3,046	2,993	2,972	3,188	1,311
Total Liabilities & Equity	-	3,309	3,151	3,372	1,512
Total Debt	204.59	111.46	16.01	18.58	20.93
Net Cash (Debt)	1,169	2,303	2,116	2,295	895.94
Net Cash Growth	-49.23%	8.83%	-7.77%	156.11%	233.76%
Net Cash Per Share	2.92	5.72	4.82	6.57	2.66
Filing Date Shares Outstanding	401.57	398.86	399.6	400.37	337.37
Total Common Shares Outstanding	398.86	398.86	399.75	400.37	337.37
Working Capital	-	2,786	2,748	2,982	1,141
Book Value Per Share	7.64	7.50	7.43	7.96	3.89
Tangible Book Value	3,017	2,966	2,942	3,157	1,278
Tangible Book Value Per Share	7.57	7.44	7.36	7.88	3.79
Buildings	-	112.88	113.76	3.33	3.33
Machinery	-	53.37	53.69	49.83	40.49
Construction In Progress	-	0.93	-	97.29	77.05

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