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	Jun '26 Jun 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	152.43	568.04	392.62	1,099	519.6	709.75
Short-Term Investments	-	-	171.91	-	-	-
Trading Asset Securities	2,124	1,538	1,306	740.66	380.74	428.32
Cash & Short-Term Investments	2,276	2,106	1,871	1,839	900.33	1,138
Cash Growth	19.25%	12.57%	1.72%	104.28%	-20.89%	15.20%
Accounts Receivable	338.1	281.61	260.81	207.21	139.2	129.82
Other Receivables	2.09	1	1.04	1.52	1.57	1.4
Receivables	340.19	282.61	261.85	208.73	140.78	131.22
Inventory	337.67	364.44	309.41	213.3	196.26	101.98
Other Current Assets	20.52	17.77	19.28	42.85	93.26	34.8
Total Current Assets	2,975	2,771	2,461	2,304	1,331	1,406
Property, Plant & Equipment	230.66	227.89	172.29	174.6	169.01	151.51
Long-Term Investments	191.4	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	15.18	13.07	19.44	23.11	16.22	15.74
Long-Term Deferred Tax Assets	64.8	46.57	37.26	28.94	15.87	6.09
Long-Term Deferred Charges	8.74	8.79	4.45	1.01	1.38	1.59
Other Long-Term Assets	188.8	5.4	0.7	2.12	1.46	1.69
Total Assets	3,691	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	Jun '26 Jun 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	207.34	79.97	91.04	70.51	106.14	46.79
Accrued Expenses	27.12	45.35	36.2	29.17	42.03	22.06
Short-Term Debt	481.07	345.2	233.13	119.1	40.01	-
Current Portion of Leases	-	2.39	2.45	4.44	3.82	3.03
Current Income Taxes Payable	-	0.24	0.4	0.31	0.87	1.23
Current Unearned Revenue	3.67	3.73	5.29	6.83	4.77	4.87
Other Current Liabilities	41.98	83.48	77.65	41.72	18.57	28.72
Total Current Liabilities	761.18	560.37	446.16	272.07	216.22	106.7
Long-Term Leases	0.85	-	1.58	5.05	7.28	7.09
Long-Term Unearned Revenue	12.29	13.66	14.29	15.31	25.04	3.87
Long-Term Deferred Tax Liabilities	22.47	8.72	0.78	1	1.22	1.45
Total Liabilities	796.79	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	Jun '26 Jun 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	1,928	1,893	1,899	1,900	963.69	919.95
Retained Earnings	896.48	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	0.04	0.16	0.17	0.16	0.15	0.11
Total Common Equity	2,894	2,726	2,492	2,489	1,471	1,515
Minority Interest	-	-	-5.67	-3.59	-0.35	0.66
Shareholders' Equity	2,894	2,726	2,487	2,485	1,470	1,515
Total Liabilities & Equity	3,691	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	Jun '26 Jun 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	481.93	347.6	237.16	128.59	51.12	10.11
Net Cash (Debt)	1,794	1,758	1,634	1,711	849.21	1,128
Net Cash Growth	11.06%	7.63%	-4.50%	101.43%	-24.71%	14.18%
Net Cash Per Share	13.87	13.68	12.77	14.38	7.47	9.97
Filing Date Shares Outstanding	121.08	129.05	127.44	127.99	111.62	113.1
Total Common Shares Outstanding	121.08	129.05	127.44	130.1	111.62	113.1
Working Capital	2,213	2,210	2,015	2,032	1,114	1,299
Book Value Per Share	23.90	21.12	19.56	19.13	13.18	13.39
Tangible Book Value	2,862	2,696	2,456	2,449	1,438	1,482
Tangible Book Value Per Share	23.64	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