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	140.42	159.67	110.14	129.78	46.36
Short-Term Investments	-	128.67	10.45	120.77	-
Trading Asset Securities	534.51	681.61	20.19	601.44	-
Cash & Short-Term Investments	674.92	969.94	140.78	852	46.36
Cash Growth	-30.42%	588.96%	-83.48%	1737.70%	-6.37%
Accounts Receivable	358.98	275.26	231.25	108.92	175.17
Other Receivables	0.67	0.48	0.39	1.37	0.19
Receivables	359.65	275.74	231.64	110.29	175.37
Inventory	303.78	288.34	237	205.69	170.64
Other Current Assets	254.6	76.37	43.12	7.84	73.04
Total Current Assets	1,593	1,610	652.55	1,176	465.41
Property, Plant & Equipment	2,804	2,771	2,580	1,830	1,495
Long-Term Investments	388.77	50.36	50	-	-
Other Intangible Assets	50.88	46.54	25.75	17.73	17.12
Long-Term Deferred Tax Assets	16.21	3.58	3.73	17.88	-
Other Long-Term Assets	21.45	109.58	284.49	154.18	59.92
Total Assets	4,875	4,591	3,596	3,196	2,038
Accounts Payable	125.39	56.84	46.6	31.94	32.18
Accrued Expenses	19.21	19.77	27.37	18.24	12.01
Short-Term Debt	84.58	-	185.59	-	367.61
Current Portion of Long-Term Debt	1.21	-	-	-	25.03
Current Portion of Leases	-	1.84	2.36	1.89	-
Current Income Taxes Payable	4.91	-	-	-	-
Current Unearned Revenue	6.02	1.72	2.91	50.38	0.47
Other Current Liabilities	55.51	82.26	100.05	58.69	52.47
Total Current Liabilities	296.83	162.43	364.89	161.14	489.76
Long-Term Debt	930.96	1,114	-	-	53.87
Long-Term Leases	0.59	0.98	1.27	2.18	-
Long-Term Unearned Revenue	97.23	112.76	98.11	114.06	100.69
Long-Term Deferred Tax Liabilities	-	-	-	14.56	-
Total Liabilities	1,326	1,390	464.27	291.93	644.32
Common Stock	868.94	837.98	834.85	834.85	667.88
Additional Paid-In Capital	2,386	2,187	2,136	2,103	937.39
Retained Earnings	315.12	238.86	161.54	-34.44	-211.67
Treasury Stock	-51.45	-99.98	-	-	-
Comprehensive Income & Other	29.92	36.96	-	0.47	-
Total Common Equity	3,549	3,201	3,132	2,904	1,394
Minority Interest	0	-	-	-	-
Shareholders' Equity	3,549	3,201	3,132	2,904	1,394
Total Liabilities & Equity	4,875	4,591	3,596	3,196	2,038
Total Debt	1,017	1,117	189.22	4.06	446.51
Net Cash (Debt)	-342.41	-146.86	-48.44	847.93	-400.15
Net Cash Per Share	-0.40	-0.17	-0.06	1.15	-0.60
Filing Date Shares Outstanding	868.94	826.07	824.41	834.85	667.88
Total Common Shares Outstanding	868.94	826.07	834.85	834.85	667.88
Working Capital	1,296	1,448	287.66	1,015	-24.35
Book Value Per Share	4.08	3.88	3.75	3.48	2.09
Tangible Book Value	3,498	3,155	3,106	2,886	1,376
Tangible Book Value Per Share	4.03	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.