SHA:688400 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	-	2,066	2,083	2,122	542.03
Trading Asset Securities	-	40	72	-	-
Cash & Short-Term Investments	1,200	2,106	2,155	2,122	542.03
Cash Growth	-43.02%	-2.29%	1.59%	291.43%	-18.89%
Accounts Receivable	-	1,154	1,270	1,434	948
Other Receivables	-	142.42	103.4	86.71	60.92
Receivables	-	1,297	1,374	1,521	1,009
Inventory	-	372.1	403.49	470.22	387.39
Other Current Assets	-	66.36	49	51.55	93.43
Total Current Assets	-	3,841	3,982	4,164	2,032
Property, Plant & Equipment	-	661.24	527.42	475.39	376.98
Long-Term Investments	-	387.02	304.36	212.03	131.21
Goodwill	-	0.97	0.97	-	-
Other Intangible Assets	-	123.36	70.33	23.94	21.72
Long-Term Deferred Tax Assets	-	179.86	158.55	123.86	28.93
Long-Term Deferred Charges	-	28.64	41.9	14.65	8.97
Other Long-Term Assets	-	236.33	-	-	0.75
Total Assets	-	5,459	5,085	5,014	2,600
Accounts Payable	-	396.9	501.59	561.06	394.89
Accrued Expenses	-	171.67	197.44	145.71	104.66
Short-Term Debt	-	560.06	5.22	41.04	168.53
Current Portion of Long-Term Debt	-	-	-	-	9.56
Current Portion of Leases	-	14.32	25.62	20.33	10.83
Current Income Taxes Payable	-	1.56	4.15	1.34	1.12
Current Unearned Revenue	-	122.86	93.46	109.56	143.49
Other Current Liabilities	-	43	19.86	30.13	20.67
Total Current Liabilities	-	1,310	847.34	909.17	853.75
Long-Term Debt	-	54.61	26.5	-	28.5
Long-Term Leases	-	25.66	40.24	23.95	24.89
Long-Term Unearned Revenue	-	128.35	122.26	97.61	76.92
Long-Term Deferred Tax Liabilities	-	27.67	38.25	35.27	-
Other Long-Term Liabilities	-	13.87	43.45	50.77	49.79
Total Liabilities	-	1,561	1,118	1,117	1,034
Common Stock	-	463.5	463.5	463.5	360
Additional Paid-In Capital	-	2,925	2,919	2,919	886.03
Retained Earnings	-	698.57	614.48	508.48	320.77
Treasury Stock	-	-180.02	-27.45	-	-
Comprehensive Income & Other	-	1.31	1.07	0.59	-6.2
Total Common Equity	4,038	3,908	3,971	3,891	1,561
Minority Interest	-	-9.96	-3.87	6.29	5.86
Shareholders' Equity	4,024	3,898	3,967	3,897	1,566
Total Liabilities & Equity	-	5,459	5,085	5,014	2,600
Total Debt	797.37	654.66	97.58	85.32	242.3
Net Cash (Debt)	402.53	1,451	2,058	2,036	299.73
Net Cash Growth	-72.26%	-29.47%	1.05%	579.40%	-50.08%
Net Cash Per Share	0.88	3.12	4.39	4.99	0.84
Filing Date Shares Outstanding	466.05	454.93	459.64	463.5	360
Total Common Shares Outstanding	454.91	454.93	462.37	463.5	360
Working Capital	-	2,531	3,134	3,255	1,178
Book Value Per Share	8.88	8.59	8.59	8.40	4.34
Tangible Book Value	3,202	3,784	3,900	3,867	1,539
Tangible Book Value Per Share	7.04	8.32	8.43	8.34	4.27
Buildings	-	195.44	195.44	195.44	195.49
Machinery	-	389.91	369.48	348.02	149.44
Construction In Progress	-	232.05	47.64	1.15	86.71

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