SHA:688512 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	458.88	452.36	830.61	897.71	676.23	912.07
Short-Term Investments	-	-	-	-	-	252.84
Trading Asset Securities	371.04	368.35	10.5	50.06	-	25.06
Cash & Short-Term Investments	829.92	820.72	841.11	947.78	676.23	1,190
Cash Growth	5.82%	-2.43%	-11.25%	40.16%	-43.17%	792.94%
Accounts Receivable	139.23	147.64	106.49	23.5	7.26	1.01
Other Receivables	2.35	1.93	2.92	3.56	1.56	1.72
Receivables	141.58	149.57	109.41	27.06	8.82	2.73
Inventory	539.59	475.8	430.84	451.53	489.64	334.1
Other Current Assets	148.03	146.55	104.61	102.57	120	59.11
Total Current Assets	1,659	1,593	1,486	1,529	1,295	1,586
Property, Plant & Equipment	169.1	171.63	157.82	101.92	43.57	46.92
Long-Term Investments	2	32	410.42	509.68	2	2
Other Intangible Assets	128.01	129.17	131.21	135.29	141.33	7.44
Long-Term Deferred Tax Assets	2.09	2.23	2.25	61.2	62.27	29.95
Long-Term Deferred Charges	4.58	4.14	5.51	0.59	2.82	3.83
Other Long-Term Assets	30	1.72	18.5	55.29	44.85	56.82
Total Assets	1,995	1,934	2,212	2,393	1,592	1,733
Accounts Payable	136.5	99.73	65.6	21.85	7.37	19.68
Accrued Expenses	29.03	31.67	64.04	61.52	50.41	39.42
Short-Term Debt	113.98	39.55	83.65	-	-	-
Current Portion of Long-Term Debt	-	6.07	-	-	-	-
Current Portion of Leases	-	-	8.62	5.85	6.54	9.98
Current Income Taxes Payable	-	2.02	-	-	-	0.01
Current Unearned Revenue	0.03	0.2	0.02	4.28	6.97	2.85
Other Current Liabilities	6.77	1.19	29.92	13.47	9.31	11.16
Total Current Liabilities	286.31	180.43	251.85	106.98	80.61	83.12
Long-Term Debt	95.18	86.87	52.27	-	-	-
Long-Term Leases	20.06	21.68	26.43	33.91	3.02	7.6
Long-Term Unearned Revenue	3.97	3.99	74.82	80.27	82.37	81.39
Total Liabilities	405.52	292.96	405.37	221.17	166	172.11
Common Stock	466.84	466.84	460.76	455.2	398.21	398.21
Additional Paid-In Capital	2,817	2,802	2,745	2,677	1,580	1,410
Retained Earnings	-1,695	-1,628	-1,399	-960.95	-552.44	-247.53
Shareholders' Equity	1,589	1,641	1,806	2,172	1,426	1,561
Total Liabilities & Equity	1,995	1,934	2,212	2,393	1,592	1,733
Total Debt	229.21	154.17	170.96	39.77	9.56	17.59
Net Cash (Debt)	600.7	666.55	670.15	908.01	666.67	1,172
Net Cash Growth	0.89%	-0.54%	-26.20%	36.20%	-43.13%	779.75%
Net Cash Per Share	1.21	1.43	1.47	2.11	1.68	3.04
Filing Date Shares Outstanding	474.6	457.32	460.76	455.2	398.21	386.05
Total Common Shares Outstanding	474.6	457.32	460.76	455.2	398.21	386.05
Working Capital	1,373	1,412	1,234	1,422	1,214	1,503
Book Value Per Share	3.35	3.59	3.92	4.77	3.58	4.04
Tangible Book Value	1,461	1,511	1,675	2,036	1,284	1,553
Tangible Book Value Per Share	3.08	3.30	3.64	4.47	3.22	4.02
Machinery	-	-	109.79	87.11	61.8	45.8
Construction In Progress	-	-	78.23	16.79	0.29	-

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