SHA:688403 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	281.76	140.42	159.67	110.14	129.78	46.36
Short-Term Investments	-	176.45	128.67	10.45	120.77	-
Trading Asset Securities	375.92	534.51	681.61	20.19	601.44	-
Cash & Short-Term Investments	657.68	851.38	969.94	140.78	852	46.36
Cash Growth	-33.28%	-12.22%	588.96%	-83.48%	1737.70%	-6.37%
Accounts Receivable	339.44	358.98	275.26	231.25	108.92	175.17
Other Receivables	0.81	0.67	0.48	0.39	1.37	0.19
Receivables	340.26	359.65	275.74	231.64	110.29	175.37
Inventory	382.51	303.78	288.34	237	205.69	170.64
Other Current Assets	316.03	78.14	76.37	43.12	7.84	73.04
Total Current Assets	1,696	1,593	1,610	652.55	1,176	465.41
Property, Plant & Equipment	2,876	2,804	2,771	2,580	1,830	1,495
Long-Term Investments	340.09	388.77	50.36	50	-	-
Other Intangible Assets	51.37	50.88	46.54	25.75	17.73	17.12
Long-Term Deferred Tax Assets	16.98	16.21	3.58	3.73	17.88	-
Other Long-Term Assets	64.02	21.45	109.58	284.49	154.18	59.92
Total Assets	5,045	4,875	4,591	3,596	3,196	2,038
Accounts Payable	173.63	54.6	56.84	46.6	31.94	32.18
Accrued Expenses	15.69	20.46	19.74	27.37	18.24	12.01
Short-Term Debt	173	84.58	-	185.59	-	367.61
Current Portion of Long-Term Debt	1.28	-	-	-	-	25.03
Current Portion of Leases	-	1.21	1.84	2.36	1.89	-
Current Income Taxes Payable	5.35	3.21	-	-	-	-
Current Unearned Revenue	34.86	6.02	1.72	2.91	50.38	0.47
Other Current Liabilities	60.6	126.75	82.29	100.05	58.69	52.47
Total Current Liabilities	464.41	296.83	162.43	364.89	161.14	489.76
Long-Term Debt	461.52	930.96	1,114	-	-	53.87
Long-Term Leases	0.54	0.59	0.98	1.27	2.18	-
Long-Term Unearned Revenue	92.42	97.23	112.76	98.11	114.06	100.69
Long-Term Deferred Tax Liabilities	-	-	-	-	14.56	-
Total Liabilities	1,019	1,326	1,390	464.27	291.93	644.32
Common Stock	931.1	868.94	837.98	834.85	834.85	667.88
Additional Paid-In Capital	2,830	2,386	2,187	2,136	2,103	937.39
Retained Earnings	302.31	315.12	238.86	161.54	-34.44	-211.67
Treasury Stock	-51.45	-51.45	-99.98	-	-	-
Comprehensive Income & Other	14.7	29.92	36.96	-	0.47	-
Total Common Equity	4,026	3,549	3,201	3,132	2,904	1,394
Minority Interest	0.01	0	-	-	-	-
Shareholders' Equity	4,026	3,549	3,201	3,132	2,904	1,394
Total Liabilities & Equity	5,045	4,875	4,591	3,596	3,196	2,038
Total Debt	636.34	1,017	1,117	189.22	4.06	446.51
Net Cash (Debt)	21.34	-165.95	-146.86	-48.44	847.93	-400.15
Net Cash Per Share	0.02	-0.19	-0.17	-0.06	1.15	-0.60
Filing Date Shares Outstanding	1,281	897.84	826.07	824.41	834.85	667.88
Total Common Shares Outstanding	1,281	868.94	826.07	834.85	834.85	667.88
Working Capital	1,232	1,296	1,448	287.66	1,015	-24.35
Book Value Per Share	3.14	4.08	3.88	3.75	3.48	2.09
Tangible Book Value	3,975	3,498	3,155	3,106	2,886	1,376
Tangible Book Value Per Share	3.10	4.03	3.82	3.72	3.46	2.06
Buildings	-	523.24	398.78	387.58	368.5	342.98
Machinery	-	3,998	3,692	3,061	2,170	1,715
Construction In Progress	-	86.83	79.84	180.68	77.97	32.59