SHA:688518 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	-	839.01	986.34	276.89	249.16
Trading Asset Securities	-	352.6	392.2	95.32	404.3
Cash & Short-Term Investments	1,273	1,192	1,379	372.22	653.46
Cash Growth	6.80%	-13.56%	270.36%	-43.04%	-24.43%
Accounts Receivable	-	2,241	2,062	1,674	945.91
Other Receivables	-	28.93	21.45	17.01	26.91
Receivables	-	2,270	2,084	1,691	972.82
Inventory	-	2,054	2,486	2,608	1,804
Other Current Assets	-	116	75.07	158.25	91.82
Total Current Assets	-	5,631	6,024	4,830	3,522
Property, Plant & Equipment	-	970.02	731.19	579.66	323.85
Long-Term Investments	-	245.33	44.82	45.13	30
Other Intangible Assets	-	111.37	113.06	104.57	68.09
Long-Term Accounts Receivable	-	18.46	5.37	9.23	6.42
Long-Term Deferred Tax Assets	-	49.88	38.91	39.05	31.22
Long-Term Deferred Charges	-	8.47	11.84	10.8	6.63
Other Long-Term Assets	-	10.49	6.6	42.7	24.35
Total Assets	-	7,045	6,975	5,661	4,013
Accounts Payable	-	1,515	1,670	1,546	1,068
Accrued Expenses	-	261.14	220.1	174.75	123.32
Short-Term Debt	-	595.2	222.21	184.72	17
Current Portion of Long-Term Debt	-	5.43	1.55	43.44	0.46
Current Portion of Leases	-	0.37	18.18	10.62	12.71
Current Income Taxes Payable	-	15.82	13.11	22.21	3.89
Current Unearned Revenue	-	1,325	1,663	1,720	1,169
Other Current Liabilities	-	123.39	135.14	163.23	76.91
Total Current Liabilities	-	3,841	3,943	3,865	2,471
Long-Term Debt	-	46.18	1.71	1.4	1.9
Long-Term Leases	-	-	7.41	2.39	8.02
Long-Term Unearned Revenue	-	8.54	8.7	11.77	12.6
Total Liabilities	-	3,896	3,961	3,881	2,493
Common Stock	-	341.25	339.04	300.96	299.2
Additional Paid-In Capital	-	1,788	1,774	824.23	794.68
Retained Earnings	-	1,018	903.04	657.23	426.08
Comprehensive Income & Other	-	-0.51	-2.5	-2.38	-1.04
Total Common Equity	3,202	3,147	3,014	1,780	1,519
Minority Interest	-	3.05	0.8	0.4	0.28
Shareholders' Equity	3,205	3,150	3,014	1,780	1,519
Total Liabilities & Equity	-	7,045	6,975	5,661	4,013
Total Debt	694.2	647.17	251.06	242.56	40.09
Net Cash (Debt)	578.47	544.44	1,127	129.66	613.37
Net Cash Growth	6.25%	-51.71%	769.56%	-78.86%	-28.79%
Net Cash Per Share	1.68	1.60	3.35	0.43	2.07
Filing Date Shares Outstanding	364.46	341.25	339.04	300.9	299.2
Total Common Shares Outstanding	341.33	341.25	339.04	300.9	299.2
Working Capital	-	1,791	2,081	964.87	1,051
Book Value Per Share	9.38	9.22	8.89	5.92	5.08
Tangible Book Value	3,091	3,035	2,901	1,675	1,451
Tangible Book Value Per Share	9.06	8.90	8.56	5.57	4.85
Buildings	-	569.48	561.72	494.25	221.36
Machinery	-	177.17	164.33	135.86	94.11
Construction In Progress	-	368.78	82.85	0.52	28.38
Order Backlog	-	3,500	-	-	-

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