SHA:688498 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	822.27	1,121	1,344	1,420	143.17
Trading Asset Securities	-	-	-	50.3	58.74
Cash & Short-Term Investments	822.27	1,121	1,344	1,470	201.91
Cash Growth	-26.66%	-16.54%	-8.60%	627.97%	-26.18%
Accounts Receivable	294.02	143.86	124.3	168.76	109.26
Other Receivables	1.14	16.48	18.09	10.98	0.12
Receivables	295.16	160.33	142.39	179.74	109.39
Inventory	133.7	122.71	140.82	95.92	56.4
Prepaid Expenses	-	-	-	0.13	-
Other Current Assets	11.04	6.93	4.12	2.87	4.02
Total Current Assets	1,262	1,411	1,631	1,749	371.71
Property, Plant & Equipment	892.33	579.52	553.64	522.18	289.19
Long-Term Investments	165.66	118.31	30	-	-
Other Intangible Assets	14.32	16.4	16.96	14.54	13.31
Long-Term Deferred Tax Assets	40.76	4.66	-	-	4.25
Long-Term Deferred Charges	0.24	0.66	0.53	1.09	3.68
Other Long-Term Assets	201.99	16.77	4.71	9.35	54.7
Total Assets	2,577	2,148	2,237	2,296	736.85
Accounts Payable	115.74	34.51	84.28	137.48	75.41
Accrued Expenses	23.55	11.14	7.28	16.27	11.89
Current Portion of Leases	4.81	0.94	0.91	0.83	1.11
Current Income Taxes Payable	-	-	-	-	7.8
Current Unearned Revenue	1.86	1.45	2.1	7.58	3.48
Other Current Liabilities	24.97	5.91	0.7	2.78	6.38
Total Current Liabilities	170.94	53.95	95.27	164.94	106.06
Long-Term Leases	62.52	3.41	0.98	1.89	2.72
Long-Term Unearned Revenue	10.6	17.13	15.48	14.22	6.29
Long-Term Deferred Tax Liabilities	-	-	4.52	5.87	0.11
Other Long-Term Liabilities	1.14	0.28	3.75	6.3	7.19
Total Liabilities	245.2	74.78	119.99	193.21	122.37
Common Stock	85.95	85.46	84.84	60	45
Additional Paid-In Capital	1,969	1,870	1,845	1,835	462.5
Retained Earnings	320.96	172.73	187.37	207.29	106.98
Treasury Stock	-33.73	-55.42	-	-	-
Comprehensive Income & Other	-10.32	-0.01	-0.03	-	-
Shareholders' Equity	2,332	2,073	2,117	2,102	614.48
Total Liabilities & Equity	2,577	2,148	2,237	2,296	736.85
Total Debt	67.33	4.35	1.89	2.72	3.82
Net Cash (Debt)	754.94	1,117	1,342	1,467	198.09
Net Cash Growth	-32.41%	-16.75%	-8.55%	640.65%	-27.57%
Net Cash Per Share	8.82	12.75	18.60	23.30	3.15
Filing Date Shares Outstanding	85.67	85.5	84.84	84.84	63
Total Common Shares Outstanding	85.67	85.01	84.84	84	63
Working Capital	1,091	1,357	1,536	1,584	265.65
Book Value Per Share	27.22	24.38	24.95	25.03	9.75
Tangible Book Value	2,318	2,056	2,100	2,088	601.17
Tangible Book Value Per Share	27.06	24.19	24.75	24.86	9.54
Buildings	258.99	235.53	222.85	214.84	-
Machinery	656.82	482.45	361.92	282.93	216.16
Construction In Progress	156.39	43.65	106.86	122.55	143.97

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