SHA:688389 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	-	1,724	1,310	931.64	808.71
Trading Asset Securities	-	73.25	-	-	-
Cash & Short-Term Investments	1,418	1,797	1,310	931.64	808.71
Cash Growth	-21.06%	37.21%	40.57%	15.20%	-4.27%
Accounts Receivable	-	185.15	165.24	95.12	51.1
Other Receivables	-	2.76	3.7	3.8	10.21
Receivables	-	187.91	168.94	98.92	61.31
Inventory	-	172.77	143.72	142.43	112.76
Other Current Assets	-	25.09	33.77	21.05	27.52
Total Current Assets	-	2,183	1,656	1,194	1,010
Property, Plant & Equipment	-	484.58	456.69	428.01	298.15
Long-Term Investments	-	60.84	22.5	-	-
Goodwill	-	36.2	50.55	65.66	51.51
Other Intangible Assets	-	100.56	95.74	99.54	96.36
Long-Term Deferred Tax Assets	-	14.04	20.7	2.87	0.27
Long-Term Deferred Charges	-	1.35	2.29	2.41	2.03
Other Long-Term Assets	-	12	24.03	25.82	15.85
Total Assets	-	2,895	2,331	1,821	1,474
Accounts Payable	-	106.17	98.81	70.94	79.06
Accrued Expenses	-	89.05	112.39	86.8	45.71
Short-Term Debt	-	600	240	132	-
Current Portion of Leases	-	-	0.98	0.61	3.52
Current Income Taxes Payable	-	2.21	21.26	-	12.67
Current Unearned Revenue	-	23.29	42.07	58.94	21.58
Other Current Liabilities	-	21.35	9.75	18.76	41.39
Total Current Liabilities	-	842.08	525.26	368.05	203.93
Long-Term Leases	-	-	2.5	-	0.61
Long-Term Unearned Revenue	-	3.05	6	8.75	11.96
Long-Term Deferred Tax Liabilities	-	-	-	0.22	-
Total Liabilities	-	845.13	533.76	377.02	216.5
Common Stock	-	428.49	428.08	422.2	422.2
Additional Paid-In Capital	-	627.85	613.16	489.81	481.77
Retained Earnings	-	980.61	755.51	527.81	351.46
Comprehensive Income & Other	-	14.03	-	-	-
Total Common Equity	2,101	2,051	1,797	1,440	1,255
Minority Interest	-	-1.56	0.88	3.68	2.52
Shareholders' Equity	2,096	2,049	1,798	1,443	1,258
Total Liabilities & Equity	-	2,895	2,331	1,821	1,474
Total Debt	342.94	600	243.48	132.61	4.13
Net Cash (Debt)	1,075	1,197	1,066	799.03	804.58
Net Cash Growth	-10.14%	12.26%	33.43%	-0.69%	-4.52%
Net Cash Per Share	2.48	2.81	2.50	1.91	1.90
Filing Date Shares Outstanding	443.95	428.49	428.08	425.58	422.2
Total Common Shares Outstanding	428.49	428.49	428.08	422.2	422.2
Working Capital	-	1,341	1,131	825.99	806.37
Book Value Per Share	4.90	4.79	4.20	3.41	2.97
Tangible Book Value	1,964	1,914	1,650	1,275	1,108
Tangible Book Value Per Share	4.58	4.47	3.86	3.02	2.62
Buildings	-	415.17	210.85	172.58	155.78
Machinery	-	144.97	126.91	116.02	105.82
Construction In Progress	-	45.43	208.34	212.86	86.95

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