SHA:688449 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	-	1,182	198.87	69.48	37.75
Trading Asset Securities	-	-	42.01	52.05	113.91
Cash & Short-Term Investments	1,184	1,182	240.88	121.53	151.67
Cash Growth	0.16%	390.56%	98.21%	-19.87%	12.54%
Accounts Receivable	-	443.77	272.75	156.91	115.91
Other Receivables	-	0.05	0.05	0	0.02
Receivables	-	443.82	272.8	156.91	115.93
Inventory	-	308.94	182.59	403.45	220.4
Other Current Assets	-	8.04	37.72	53.74	23.24
Total Current Assets	-	1,942	734	735.63	511.24
Property, Plant & Equipment	-	91.47	61.86	50.84	51.91
Long-Term Investments	-	5.1	-	-	-
Other Intangible Assets	-	24.87	37.44	8.76	2.39
Long-Term Deferred Charges	-	1.92	1.96	2.16	45.82
Other Long-Term Assets	-	20.65	20.03	5.64	0.16
Total Assets	-	2,086	855.29	803.03	611.52
Accounts Payable	-	97.14	40.21	60.68	47.51
Accrued Expenses	-	84.63	60.73	51.03	40.23
Short-Term Debt	-	83.07	80.07	40.04	20.03
Current Income Taxes Payable	-	11.07	4.38	5.48	2.04
Current Unearned Revenue	-	23.43	25.52	103.42	0.24
Other Current Liabilities	-	21.42	19.24	17.57	6.84
Total Current Liabilities	-	320.77	230.15	278.22	116.89
Long-Term Leases	-	12.09	0.78	4.52	6.83
Long-Term Unearned Revenue	-	33.6	92.77	92.96	39.55
Other Long-Term Liabilities	-	10.17	13.02	5.79	1.93
Total Liabilities	-	376.63	336.72	381.49	165.2
Common Stock	-	460	360	360	44.4
Additional Paid-In Capital	-	1,173	200.7	156.34	476.97
Retained Earnings	-	74.33	-43.72	-95.95	-73.97
Comprehensive Income & Other	-	2.13	1.6	1.15	-1.08
Shareholders' Equity	1,840	1,710	518.58	421.54	446.32
Total Liabilities & Equity	-	2,086	855.29	803.03	611.52
Total Debt	107.56	95.16	80.85	44.55	26.86
Net Cash (Debt)	1,076	1,087	160.03	76.98	124.81
Net Cash Growth	-0.97%	578.94%	107.90%	-38.33%	-7.39%
Net Cash Per Share	2.35	2.94	0.46	0.21	2.81
Filing Date Shares Outstanding	460	460	360	359.82	44.4
Total Common Shares Outstanding	460	460	360	359.82	44.4
Working Capital	-	1,622	503.85	457.41	394.35
Book Value Per Share	4.00	3.72	1.44	1.17	10.05
Tangible Book Value	1,824	1,685	481.14	412.78	443.93
Tangible Book Value Per Share	3.97	3.66	1.34	1.15	10.00
Machinery	-	165.53	115.76	76.15	62.57
Construction In Progress	-	-	-	0.03	0.5

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