SHA:688499 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	-	838.93	809.68	1,750	963.93
Trading Asset Securities	-	10.58	115.45	90.89	199
Cash & Short-Term Investments	576.79	849.51	925.13	1,841	1,163
Cash Growth	-32.10%	-8.17%	-49.74%	58.27%	187.11%
Accounts Receivable	-	2,113	2,728	1,799	1,324
Other Receivables	-	16.42	25.84	37.53	28.5
Receivables	-	2,130	2,754	1,836	1,353
Inventory	-	2,574	3,049	3,048	1,656
Other Current Assets	-	143.49	228.47	312.42	148.84
Total Current Assets	-	5,697	6,956	7,037	4,321
Property, Plant & Equipment	-	2,465	2,232	1,687	1,035
Long-Term Investments	-	85.61	122.1	274.15	7.19
Goodwill	-	-	5.45	5.45	-
Other Intangible Assets	-	193.02	203.63	155.65	60.39
Long-Term Deferred Tax Assets	-	289.86	173.84	81.74	17.81
Long-Term Deferred Charges	-	52.88	121.51	158.12	130.37
Other Long-Term Assets	-	9.77	137.08	76.98	4.31
Total Assets	-	8,794	9,952	9,476	5,576
Accounts Payable	-	1,892	2,492	2,258	974.76
Accrued Expenses	-	68.99	92.85	142.65	81.66
Short-Term Debt	-	728.38	378.02	182.51	538.65
Current Portion of Long-Term Debt	-	569.85	538.15	128.87	39.62
Current Portion of Leases	-	23.62	58.63	71.44	31.2
Current Income Taxes Payable	-	5.47	5.47	3.99	0
Current Unearned Revenue	-	1,955	1,605	2,066	1,360
Other Current Liabilities	-	469.1	395.75	399.03	285.85
Total Current Liabilities	-	5,713	5,566	5,253	3,311
Long-Term Debt	-	643.11	1,718	1,427	161.19
Long-Term Leases	-	74.81	128.89	145.9	101.95
Long-Term Unearned Revenue	-	94.47	72.03	2.86	3
Long-Term Deferred Tax Liabilities	-	-	36.66	38.28	0.51
Other Long-Term Liabilities	-	-	4.05	4.05	-
Total Liabilities	-	6,525	7,525	6,871	3,578
Common Stock	-	168.73	123.63	88	88
Additional Paid-In Capital	-	2,615	1,604	1,598	1,450
Retained Earnings	-	-544.43	499.7	723.04	457.28
Comprehensive Income & Other	-	29.47	198.3	194.87	2.85
Total Common Equity	2,291	2,269	2,426	2,604	1,998
Minority Interest	-	-0.68	0.03	1.31	-
Shareholders' Equity	2,290	2,269	2,426	2,605	1,998
Total Liabilities & Equity	-	8,794	9,952	9,476	5,576
Total Debt	1,385	2,040	2,821	1,956	872.62
Net Cash (Debt)	-807.97	-1,190	-1,896	-115.53	290.31
Net Cash Growth	-	-	-	-	1639.39%
Net Cash Per Share	-4.76	-9.26	-17.15	-0.94	2.68
Filing Date Shares Outstanding	170.71	168.73	123.63	123.2	123.2
Total Common Shares Outstanding	167.32	168.73	123.63	123.2	123.2
Working Capital	-	-15.66	1,390	1,785	1,010
Book Value Per Share	13.69	13.45	19.62	21.14	16.22
Tangible Book Value	2,103	2,076	2,217	2,443	1,937
Tangible Book Value Per Share	12.57	12.31	17.93	19.83	15.73
Buildings	-	1,564	1,305	468.91	476.82
Machinery	-	829.13	658.49	568.53	365.49
Construction In Progress	-	377.41	380.02	631.03	172.98

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