SHA:688508 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	212.06	568.04	392.62	1,099	519.6	709.75
Short-Term Investments	-	-	171.91	-	-	-
Trading Asset Securities	2,568	1,538	1,306	740.66	380.74	428.32
Cash & Short-Term Investments	2,780	2,106	1,871	1,839	900.33	1,138
Cash Growth	26.26%	12.57%	1.72%	104.28%	-20.89%	15.20%
Accounts Receivable	364.01	281.61	260.81	207.21	139.2	129.82
Other Receivables	2.14	1	1.04	1.52	1.57	1.4
Receivables	366.15	282.61	261.85	208.73	140.78	131.22
Inventory	336.56	364.44	309.41	213.3	196.26	101.98
Other Current Assets	34.93	17.77	19.28	42.85	93.26	34.8
Total Current Assets	3,518	2,771	2,461	2,304	1,331	1,406
Property, Plant & Equipment	228.2	227.89	172.29	174.6	169.01	151.51
Long-Term Investments	372.14	219.14	237.06	227.98	168.65	34.82
Goodwill	16.92	16.92	16.92	16.92	16.92	16.92
Other Intangible Assets	27.11	13.07	19.44	23.11	16.22	15.74
Long-Term Deferred Tax Assets	58.05	46.57	37.26	28.94	15.87	6.09
Long-Term Deferred Charges	10.38	8.79	4.45	1.01	1.38	1.59
Other Long-Term Assets	17.31	5.4	0.7	2.12	1.46	1.69
Total Assets	4,248	3,308	2,949	2,779	1,720	1,634

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Accounts Payable	247.07	79.97	91.04	70.51	106.14	46.79
Accrued Expenses	27.34	45.35	36.2	29.17	42.03	22.06
Short-Term Debt	465.92	345.2	233.13	119.1	40.01	-
Current Portion of Leases	2.52	2.39	2.45	4.44	3.82	3.03
Current Income Taxes Payable	0.93	0.24	0.4	0.31	0.87	1.23
Current Unearned Revenue	4.75	3.73	5.29	6.83	4.77	4.87
Other Current Liabilities	55.58	83.48	77.65	41.72	18.57	28.72
Total Current Liabilities	804.11	560.37	446.16	272.07	216.22	106.7
Long-Term Leases	0.71	-	1.58	5.05	7.28	7.09
Long-Term Unearned Revenue	13.16	13.66	14.29	15.31	25.04	3.87
Long-Term Deferred Tax Liabilities	-	8.72	0.78	1	1.22	1.45
Total Liabilities	1,419	582.74	462.81	293.43	249.77	119.1

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Common Stock	132.42	131.31	131.31	131.29	113.32	113.1
Additional Paid-In Capital	1,934	1,893	1,899	1,900	963.69	919.95
Retained Earnings	824.96	797.84	627.29	535.08	503.51	481.52
Treasury Stock	-62.71	-96.77	-166.01	-77.56	-109.94	-
Comprehensive Income & Other	-0.06	0.16	0.17	0.16	0.15	0.11
Total Common Equity	2,829	2,726	2,492	2,489	1,471	1,515
Minority Interest	-	-	-5.67	-3.59	-0.35	0.66
Shareholders' Equity	2,829	2,726	2,487	2,485	1,470	1,515
Total Liabilities & Equity	4,248	3,308	2,949	2,779	1,720	1,634

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Total Debt	1,070	347.6	237.16	128.59	51.12	10.11
Net Cash (Debt)	1,710	1,758	1,634	1,711	849.21	1,128
Net Cash Growth	-7.79%	7.63%	-4.50%	101.43%	-24.71%	14.18%
Net Cash Per Share	13.12	13.68	12.77	14.38	7.47	9.97
Filing Date Shares Outstanding	130.96	129.05	127.44	127.99	111.62	113.1
Total Common Shares Outstanding	130.96	129.05	127.44	130.1	111.62	113.1
Working Capital	2,714	2,210	2,015	2,032	1,114	1,299
Book Value Per Share	21.60	21.12	19.56	19.13	13.18	13.39
Tangible Book Value	2,785	2,696	2,456	2,449	1,438	1,482
Tangible Book Value Per Share	21.26	20.89	19.27	18.82	12.88	13.10
Buildings	-	189.62	137.9	137.93	95.77	53.19
Machinery	-	119.53	94.59	78.16	60.01	40.68
Construction In Progress	-	4.11	0.38	0.36	36.99	72.51