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	1,598	622.08	748.8	773.19	107.42
Trading Asset Securities	1,064	1,139	1,394	1,999	-
Cash & Short-Term Investments	2,662	1,761	2,143	2,772	107.42
Cash Growth	51.23%	-17.85%	-22.70%	2480.75%	162.07%
Accounts Receivable	6,082	3,826	3,220	2,015	1,862
Other Receivables	185.02	108.18	61.8	31.14	54.66
Receivables	6,267	3,935	3,282	2,046	1,916
Inventory	1,110	929.46	1,327	604.6	533.47
Other Current Assets	255.13	166.66	41.77	98.05	154.99
Total Current Assets	10,294	6,791	6,794	5,521	2,712
Property, Plant & Equipment	508.91	321.25	218.91	137.25	65.52
Long-Term Investments	941.25	644.73	284.52	-	-
Goodwill	-	-	23.45	-	-
Other Intangible Assets	84.21	108.79	115.3	126.71	68.98
Long-Term Deferred Tax Assets	91.49	56.33	34.36	19.52	11.76
Long-Term Deferred Charges	17.34	7.83	16.8	2.45	3.32
Other Long-Term Assets	40.67	45.75	8.39	4.78	2.84
Total Assets	11,978	7,976	7,496	5,811	2,865
Accounts Payable	534.72	528.79	476.21	338.13	237.14
Accrued Expenses	79.38	91.71	72.64	87.11	101.72
Short-Term Debt	5,776	2,597	1,930	765.58	1,265
Current Portion of Leases	5.45	5.01	5.51	3.49	2.36
Current Income Taxes Payable	49.67	20.42	21.7	9.27	3.11
Current Unearned Revenue	11.89	40.68	35.58	32.42	1.94
Other Current Liabilities	478.58	13.65	10.58	9.64	6.74
Total Current Liabilities	6,936	3,297	2,552	1,246	1,618
Long-Term Leases	5.72	10.19	9.96	9.11	-
Long-Term Unearned Revenue	27.47	20.95	8.96	9.44	9.6
Long-Term Deferred Tax Liabilities	9.28	5.59	4.49	-	1.69
Total Liabilities	6,978	3,334	2,576	1,264	1,629
Common Stock	242.03	242.03	165.63	111.91	83.91
Additional Paid-In Capital	3,410	3,452	3,526	3,597	704.94
Retained Earnings	1,778	1,458	1,220	838.1	446.89
Treasury Stock	-444.56	-520.02	-	-	-
Comprehensive Income & Other	24.47	12.38	8.02	-	-
Total Common Equity	5,010	4,644	4,920	4,547	1,236
Minority Interest	-9.44	-2.12	-	-	-
Shareholders' Equity	5,000	4,642	4,920	4,547	1,236
Total Liabilities & Equity	11,978	7,976	7,496	5,811	2,865
Total Debt	5,787	2,612	1,946	778.18	1,267
Net Cash (Debt)	-3,125	-851.32	197.28	1,994	-1,160
Net Cash Growth	-	-	-90.11%	-	-
Net Cash Per Share	-13.55	-3.58	0.81	10.85	-6.31
Filing Date Shares Outstanding	220.93	230.17	245.13	245.13	183.8
Total Common Shares Outstanding	220.93	230.17	245.13	245.13	183.8
Working Capital	3,359	3,494	4,242	4,275	1,095
Book Value Per Share	22.67	20.18	20.07	18.55	6.72
Tangible Book Value	4,925	4,536	4,781	4,420	1,167
Tangible Book Value Per Share	22.29	19.71	19.50	18.03	6.35
Buildings	251.96	53.18	53.18	53.18	-
Machinery	333.59	184.07	132.85	74.21	31.69
Construction In Progress	5.81	123.41	43.31	2.1	42.6

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