SHA:688518 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	875.69	731.16	839.01	986.34	276.89	249.16
Short-Term Investments	-	234.73	-	-	-	-
Trading Asset Securities	542.84	736.28	352.6	392.2	95.32	404.3
Cash & Short-Term Investments	1,419	1,702	1,192	1,379	372.22	653.46
Cash Growth	3.29%	42.85%	-13.56%	270.36%	-43.04%	-24.43%
Accounts Receivable	2,739	2,321	2,241	2,062	1,674	945.91
Other Receivables	24.38	22.03	28.93	21.45	17.01	26.91
Receivables	2,764	2,343	2,270	2,084	1,691	972.82
Inventory	3,918	2,677	2,054	2,486	2,608	1,804
Other Current Assets	224.24	81.52	116	75.07	158.25	91.82
Total Current Assets	8,324	6,804	5,631	6,024	4,830	3,522
Property, Plant & Equipment	1,121	1,143	970.02	731.19	579.66	323.85
Long-Term Investments	64	39.13	245.33	44.82	45.13	30
Other Intangible Assets	117.22	117.25	111.37	113.06	104.57	68.09
Long-Term Accounts Receivable	-	9.52	18.46	5.37	9.23	6.42
Long-Term Deferred Tax Assets	66.66	61.08	49.88	38.91	39.05	31.22
Long-Term Deferred Charges	15.42	9.98	8.47	11.84	10.8	6.63
Other Long-Term Assets	22.44	2.76	10.49	6.6	42.7	24.35
Total Assets	9,731	8,187	7,045	6,975	5,661	4,013

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	2,934	2,183	1,515	1,670	1,546	1,068
Accrued Expenses	97.11	260.78	261.14	220.1	174.75	123.32
Short-Term Debt	145	415.18	595.2	222.21	184.72	17
Current Portion of Long-Term Debt	109.24	46.39	5.43	1.55	43.44	0.46
Current Portion of Leases	-	3.8	0.37	18.18	10.62	12.71
Current Income Taxes Payable	117.62	3.66	15.82	13.11	22.21	3.89
Current Unearned Revenue	2,854	1,729	1,325	1,663	1,720	1,169
Other Current Liabilities	126.57	148.03	123.39	135.14	163.23	76.91
Total Current Liabilities	6,383	4,789	3,841	3,943	3,865	2,471
Long-Term Debt	0.79	98.84	46.18	1.71	1.4	1.9
Long-Term Leases	9	10.31	-	7.41	2.39	8.02
Long-Term Unearned Revenue	28.94	26.07	8.54	8.7	11.77	12.6
Total Liabilities	6,422	4,924	3,896	3,961	3,881	2,493

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	341.33	341.33	341.25	339.04	300.96	299.2
Additional Paid-In Capital	1,789	1,789	1,788	1,774	824.23	794.68
Retained Earnings	1,181	1,134	1,018	903.04	657.23	426.08
Comprehensive Income & Other	-4.43	-3.49	-0.51	-2.5	-2.38	-1.04
Total Common Equity	3,307	3,260	3,147	3,014	1,780	1,519
Minority Interest	2.45	2.26	3.05	0.8	0.4	0.28
Shareholders' Equity	3,309	3,263	3,150	3,014	1,780	1,519
Total Liabilities & Equity	9,731	8,187	7,045	6,975	5,661	4,013

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	264.03	574.52	647.17	251.06	242.56	40.09
Net Cash (Debt)	1,154	1,128	544.44	1,127	129.66	613.37
Net Cash Growth	102.76%	107.12%	-51.71%	769.56%	-78.86%	-28.79%
Net Cash Per Share	3.39	3.30	1.61	3.35	0.43	2.07
Filing Date Shares Outstanding	325.09	341.33	341.25	339.04	300.9	299.2
Total Common Shares Outstanding	325.09	341.33	341.25	339.04	300.9	299.2
Working Capital	1,941	2,015	1,791	2,081	964.87	1,051
Book Value Per Share	10.17	9.55	9.22	8.89	5.92	5.08
Tangible Book Value	3,189	3,143	3,035	2,901	1,675	1,451
Tangible Book Value Per Share	9.81	9.21	8.90	8.56	5.57	4.85
Buildings	-	1,100	569.48	561.72	494.25	221.36
Machinery	-	238.72	177.17	164.33	135.86	94.11
Construction In Progress	-	-	368.78	82.85	0.52	28.38