SHA:688398 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	-	114.9	219.22	191.77	197.42
Trading Asset Securities	-	165.61	311.55	20.08	70.4
Cash & Short-Term Investments	214.53	280.51	530.77	211.85	267.82
Cash Growth	-23.52%	-47.15%	150.55%	-20.90%	-29.23%
Accounts Receivable	-	423.92	409.08	267.17	218.07
Other Receivables	-	10.98	22.14	8.33	6.95
Receivables	-	434.89	431.22	275.5	225.01
Inventory	-	141.49	89.03	99.98	131.08
Prepaid Expenses	-	-	0.14	1.53	-
Other Current Assets	-	57.83	31.09	36.25	41.19
Total Current Assets	-	914.72	1,082	625.1	665.11
Property, Plant & Equipment	-	947.97	685.51	424.05	396
Other Intangible Assets	-	67.91	67.85	69.46	57.68
Long-Term Deferred Tax Assets	-	31.52	17.85	12.27	10.7
Long-Term Deferred Charges	-	19.36	18.35	20.21	20.67
Other Long-Term Assets	-	16.43	10.18	14.37	12.09
Total Assets	-	1,998	1,882	1,165	1,162
Accounts Payable	-	202.17	200.92	106.29	122.64
Accrued Expenses	-	34.33	28.35	26.91	27.74
Short-Term Debt	-	-	5	-	-
Current Portion of Long-Term Debt	-	100.66	0.33	10.02	10.02
Current Portion of Leases	-	-	-	-	0.16
Current Income Taxes Payable	-	8.13	9.09	5.88	8.54
Current Unearned Revenue	-	1.05	1.69	5.12	2.01
Other Current Liabilities	-	46.24	44.04	33.79	41.43
Total Current Liabilities	-	392.58	289.42	188	212.53
Long-Term Debt	-	442.51	418.8	10	10
Long-Term Unearned Revenue	-	25.22	26.67	28.13	29.68
Long-Term Deferred Tax Liabilities	-	-	-	0.01	0.06
Total Liabilities	-	860.31	734.89	226.15	252.28
Common Stock	-	167.81	116	80	80
Additional Paid-In Capital	-	368.26	426.52	457.52	456.06
Retained Earnings	-	510.64	487.88	401.78	373.92
Treasury Stock	-	-25.79	-	-	-
Comprehensive Income & Other	-	116.67	116.68	-	-
Total Common Equity	1,146	1,138	1,147	939.31	909.98
Shareholders' Equity	1,146	1,138	1,147	939.31	909.98
Total Liabilities & Equity	-	1,998	1,882	1,165	1,162
Total Debt	625.66	543.17	424.12	20.02	20.17
Net Cash (Debt)	-411.13	-262.66	106.65	191.83	247.65
Net Cash Growth	-	-	-44.41%	-22.54%	-28.92%
Net Cash Per Share	-2.47	-1.57	0.63	1.14	1.47
Filing Date Shares Outstanding	156.45	166.95	168.2	168.2	168.2
Total Common Shares Outstanding	166.95	166.95	168.2	168.2	168.2
Working Capital	-	522.14	792.82	437.09	452.58
Book Value Per Share	6.87	6.81	6.82	5.58	5.41
Tangible Book Value	1,070	1,070	1,079	869.85	852.3
Tangible Book Value Per Share	6.41	6.41	6.42	5.17	5.07
Buildings	-	482.33	236.34	236.42	236.59
Machinery	-	415.24	315.46	269.15	193.05
Construction In Progress	-	253.83	294.86	45.29	64.28

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