SHA:688399 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	-	810.63	1,769	1,792	1,287
Short-Term Investments	-	30.56	-	-	-
Trading Asset Securities	-	1,138	694.81	1,015	623.33
Cash & Short-Term Investments	1,653	1,979	2,464	2,807	1,911
Cash Growth	-16.46%	-19.69%	-12.22%	46.90%	32.97%
Accounts Receivable	-	53.89	108.71	610	343.63
Other Receivables	-	21.33	26.03	26.31	9.62
Receivables	-	75.23	134.74	636.31	353.25
Inventory	-	67.04	93.86	236.26	250.35
Prepaid Expenses	-	-	-	-	0.27
Other Current Assets	-	17.98	17	29.5	24.19
Total Current Assets	-	2,139	2,710	3,709	2,539
Property, Plant & Equipment	-	577.23	614.61	731.7	714.97
Long-Term Investments	-	224.15	112.64	116.28	122.9
Other Intangible Assets	-	27.45	29.88	27.41	26.82
Long-Term Deferred Tax Assets	-	75.01	80.39	91.63	19.27
Long-Term Deferred Charges	-	34.58	55.12	74.23	54.32
Other Long-Term Assets	-	662.23	303.99	140.6	22.18
Total Assets	-	3,740	3,906	4,891	3,499
Accounts Payable	-	17.56	29.17	327.8	132.5
Accrued Expenses	-	54.9	89.57	242.53	197.69
Short-Term Debt	-	227.69	156.94	84.89	150
Current Portion of Leases	-	5.64	7.82	8.38	7.32
Current Income Taxes Payable	-	0	0	85.37	32.51
Current Unearned Revenue	-	38.76	14.46	38.39	66.21
Other Current Liabilities	-	23.27	65.9	145.24	269.4
Total Current Liabilities	-	367.82	363.87	932.6	855.63
Long-Term Leases	-	7.22	8.7	10.52	6.9
Long-Term Unearned Revenue	-	64.28	78.24	90.82	86.82
Long-Term Deferred Tax Liabilities	-	-	0	16.24	3.53
Other Long-Term Liabilities	-	50	50.5	62.68	10
Total Liabilities	-	489.32	501.31	1,113	962.89
Common Stock	-	56.67	58.62	58.62	58.62
Additional Paid-In Capital	-	661.06	806.6	805.83	805.83
Retained Earnings	-	2,538	2,540	2,914	1,672
Comprehensive Income & Other	-	-4.98	-	-	-
Shareholders' Equity	2,968	3,251	3,405	3,778	2,536
Total Liabilities & Equity	-	3,740	3,906	4,891	3,499
Total Debt	454.93	240.55	173.46	103.79	164.23
Net Cash (Debt)	1,198	1,738	2,291	2,703	1,747
Net Cash Growth	-31.07%	-24.11%	-15.26%	54.77%	25.93%
Net Cash Per Share	14.18	17.63	26.42	31.16	20.14
Filing Date Shares Outstanding	83.87	83.87	86.76	86.76	86.76
Total Common Shares Outstanding	83.87	83.87	86.76	86.76	86.76
Working Capital	-	1,771	2,346	2,777	1,683
Book Value Per Share	35.38	38.76	39.25	43.55	29.24
Tangible Book Value	2,942	3,223	3,375	3,751	2,510
Tangible Book Value Per Share	35.08	38.43	38.90	43.23	28.93
Buildings	-	553.68	551.68	537.05	506.36
Machinery	-	237.44	236.62	313.41	263.97
Construction In Progress	-	4.94	1.53	16.99	20.72

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