SHA:688403 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	-	159.67	110.14	129.78	46.36
Short-Term Investments	-	128.67	10.45	120.77	-
Trading Asset Securities	-	681.61	20.19	601.44	-
Cash & Short-Term Investments	887.61	969.94	140.78	852	46.36
Cash Growth	-8.49%	588.96%	-83.48%	1737.70%	-6.37%
Accounts Receivable	-	275.26	231.25	108.92	175.17
Other Receivables	-	0.48	0.39	1.37	0.19
Receivables	-	275.74	231.64	110.29	175.37
Inventory	-	288.34	237	205.69	170.64
Other Current Assets	-	76.37	43.12	7.84	73.04
Total Current Assets	-	1,610	652.55	1,176	465.41
Property, Plant & Equipment	-	2,771	2,580	1,830	1,495
Long-Term Investments	-	50.36	50	-	-
Other Intangible Assets	-	46.54	25.75	17.73	17.12
Long-Term Deferred Tax Assets	-	3.58	3.73	17.88	-
Other Long-Term Assets	-	109.58	284.49	154.18	59.92
Total Assets	-	4,591	3,596	3,196	2,038
Accounts Payable	-	56.84	46.6	31.94	32.18
Accrued Expenses	-	19.77	27.37	18.24	12.01
Short-Term Debt	-	-	185.59	-	367.61
Current Portion of Long-Term Debt	-	-	-	-	25.03
Current Portion of Leases	-	1.84	2.36	1.89	-
Current Unearned Revenue	-	1.72	2.91	50.38	0.47
Other Current Liabilities	-	82.26	100.05	58.69	52.47
Total Current Liabilities	-	162.43	364.89	161.14	489.76
Long-Term Debt	-	1,114	-	-	53.87
Long-Term Leases	-	0.98	1.27	2.18	-
Long-Term Unearned Revenue	-	112.76	98.11	114.06	100.69
Long-Term Deferred Tax Liabilities	-	-	-	14.56	-
Total Liabilities	-	1,390	464.27	291.93	644.32
Common Stock	-	837.98	834.85	834.85	667.88
Additional Paid-In Capital	-	2,187	2,136	2,103	937.39
Retained Earnings	-	238.86	161.54	-34.44	-211.67
Treasury Stock	-	-99.98	-	-	-
Comprehensive Income & Other	-	36.96	-	0.47	-
Shareholders' Equity	3,475	3,201	3,132	2,904	1,394
Total Liabilities & Equity	-	4,591	3,596	3,196	2,038
Total Debt	1,026	1,117	189.22	4.06	446.51
Net Cash (Debt)	-138.44	-146.86	-48.44	847.93	-400.15
Net Cash Per Share	-0.17	-0.17	-0.06	1.15	-0.60
Filing Date Shares Outstanding	784.55	826.07	824.41	834.85	667.88
Total Common Shares Outstanding	857.96	826.07	834.85	834.85	667.88
Working Capital	-	1,448	287.66	1,015	-24.35
Book Value Per Share	4.05	3.88	3.75	3.48	2.09
Tangible Book Value	3,424	3,155	3,106	2,886	1,376
Tangible Book Value Per Share	3.99	3.82	3.72	3.46	2.06
Buildings	-	398.78	387.58	368.5	342.98
Machinery	-	3,692	3,061	2,170	1,715
Construction In Progress	-	79.84	180.68	77.97	32.59

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