SHA:688443 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	-	2,035	2,892	49.28	14.15
Trading Asset Securities	-	412.58	27.71	237.36	427.11
Cash & Short-Term Investments	2,316	2,448	2,920	286.64	441.25
Cash Growth	-5.39%	-16.16%	918.65%	-35.04%	684.19%
Accounts Receivable	-	12.01	-	-	-
Other Receivables	-	1.38	0	-	1.53
Receivables	-	13.38	0	-	1.53
Inventory	-	50.15	55.45	56.33	33.66
Other Current Assets	-	110.59	56.56	56.03	52.76
Total Current Assets	-	2,622	3,032	399	529.2
Property, Plant & Equipment	-	441.55	487.82	487.75	327.83
Other Intangible Assets	-	43.59	43.54	45.08	45.92
Long-Term Deferred Charges	-	25.16	27.92	25.51	23.51
Other Long-Term Assets	-	13.26	3.46	4.77	76.36
Total Assets	-	3,146	3,595	962.11	1,003
Accounts Payable	-	67.06	83.04	67.84	46.61
Accrued Expenses	-	63.03	37.74	29.71	24.29
Short-Term Debt	-	-	0.63	-	-
Current Portion of Long-Term Debt	-	26.24	-	5.3	0.9
Current Portion of Leases	-	12.13	10.07	7.64	6.51
Other Current Liabilities	-	5.82	5.4	15.87	7.7
Total Current Liabilities	-	174.29	136.87	126.37	86.01
Long-Term Debt	-	786.13	608.48	738.59	535.55
Long-Term Leases	-	12.63	21.82	30.37	28.65
Long-Term Unearned Revenue	-	46.62	43.2	37.69	35.55
Other Long-Term Liabilities	-	-	-	-	5.08
Total Liabilities	-	1,020	810.36	933.03	690.84
Common Stock	-	366.68	366.68	275	275
Additional Paid-In Capital	-	4,192	4,038	573.29	279.82
Retained Earnings	-	-2,418	-1,621	-819.21	-242.84
Treasury Stock	-	-14.67	-	-	-
Shareholders' Equity	1,788	2,126	2,784	29.08	311.98
Total Liabilities & Equity	-	3,146	3,595	962.11	1,003
Total Debt	1,047	837.13	640.99	781.91	571.6
Net Cash (Debt)	1,269	1,611	2,279	-495.27	-130.35
Net Cash Growth	-21.23%	-29.31%	-	-	-
Net Cash Per Share	3.48	4.38	7.11	-1.80	-0.47
Filing Date Shares Outstanding	362.65	366.68	366.68	275	275
Total Common Shares Outstanding	366.68	366.68	366.68	275	275
Working Capital	-	2,448	2,895	272.63	443.19
Book Value Per Share	4.88	5.80	7.59	0.11	1.13
Tangible Book Value	1,745	2,082	2,741	-15.99	266.06
Tangible Book Value Per Share	4.76	5.68	7.47	-0.06	0.97
Buildings	-	115.03	114.98	105.89	99.77
Machinery	-	516.53	457.63	302.65	261.93
Construction In Progress	-	6.74	52.18	164.82	18.27

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