SHA:688503 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	-	622.08	748.8	773.19	107.42
Trading Asset Securities	-	1,139	1,394	1,999	-
Cash & Short-Term Investments	2,104	1,761	2,143	2,772	107.42
Cash Growth	19.51%	-17.85%	-22.70%	2480.75%	162.07%
Accounts Receivable	-	3,826	3,220	2,015	1,862
Other Receivables	-	108.18	61.8	31.14	54.66
Receivables	-	3,935	3,282	2,046	1,916
Inventory	-	929.46	1,327	604.6	533.47
Other Current Assets	-	166.66	41.77	98.05	154.99
Total Current Assets	-	6,791	6,794	5,521	2,712
Property, Plant & Equipment	-	321.25	218.91	137.25	65.52
Long-Term Investments	-	644.73	284.52	-	-
Goodwill	-	-	23.45	-	-
Other Intangible Assets	-	108.79	115.3	126.71	68.98
Long-Term Deferred Tax Assets	-	56.33	34.36	19.52	11.76
Long-Term Deferred Charges	-	7.83	16.8	2.45	3.32
Other Long-Term Assets	-	45.75	8.39	4.78	2.84
Total Assets	-	7,976	7,496	5,811	2,865
Accounts Payable	-	528.79	476.21	338.13	237.14
Accrued Expenses	-	91.71	72.64	87.11	101.72
Short-Term Debt	-	2,597	1,930	765.58	1,265
Current Portion of Leases	-	5.01	5.51	3.49	2.36
Current Income Taxes Payable	-	20.42	21.7	9.27	3.11
Current Unearned Revenue	-	40.68	35.58	32.42	1.94
Other Current Liabilities	-	13.65	10.58	9.64	6.74
Total Current Liabilities	-	3,297	2,552	1,246	1,618
Long-Term Leases	-	10.19	9.96	9.11	-
Long-Term Unearned Revenue	-	20.95	8.96	9.44	9.6
Long-Term Deferred Tax Liabilities	-	5.59	4.49	-	1.69
Total Liabilities	-	3,334	2,576	1,264	1,629
Common Stock	-	242.03	165.63	111.91	83.91
Additional Paid-In Capital	-	3,452	3,526	3,597	704.94
Retained Earnings	-	1,458	1,220	838.1	446.89
Treasury Stock	-	-520.02	-	-	-
Comprehensive Income & Other	-	12.38	8.02	-	-
Total Common Equity	4,847	4,644	4,920	4,547	1,236
Minority Interest	-	-2.12	-	-	-
Shareholders' Equity	4,840	4,642	4,920	4,547	1,236
Total Liabilities & Equity	-	7,976	7,496	5,811	2,865
Total Debt	5,254	2,612	1,946	778.18	1,267
Net Cash (Debt)	-3,149	-851.32	197.28	1,994	-1,160
Net Cash Growth	-	-	-90.11%	-	-
Net Cash Per Share	-13.63	-3.58	0.81	10.85	-6.31
Filing Date Shares Outstanding	200.09	230.17	245.13	245.13	183.8
Total Common Shares Outstanding	231.48	230.17	245.13	245.13	183.8
Working Capital	-	3,494	4,242	4,275	1,095
Book Value Per Share	20.94	20.18	20.07	18.55	6.72
Tangible Book Value	4,756	4,536	4,781	4,420	1,167
Tangible Book Value Per Share	20.55	19.71	19.50	18.03	6.35
Buildings	-	53.18	53.18	53.18	-
Machinery	-	184.07	132.85	74.21	31.69
Construction In Progress	-	123.41	43.31	2.1	42.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.