SHA:688533 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	-	531.71	472.2	543.73	327.15
Trading Asset Securities	-	34.47	44.91	3.41	160.74
Cash & Short-Term Investments	532.11	566.18	517.11	547.14	487.89
Cash Growth	-6.02%	9.49%	-5.49%	12.14%	17.78%
Accounts Receivable	-	957.15	871.41	678.41	418.17
Other Receivables	-	94.02	42.77	32.66	11.35
Receivables	-	1,051	914.18	711.06	429.52
Inventory	-	413.9	309.09	339.73	258.43
Prepaid Expenses	-	-	-	1.24	-
Other Current Assets	-	13.29	13.02	11.75	21.1
Total Current Assets	-	2,045	1,753	1,611	1,197
Property, Plant & Equipment	-	1,151	892.35	501.71	356.91
Long-Term Investments	-	11.59	-	-	-
Other Intangible Assets	-	71.47	65.64	70.27	42.04
Long-Term Deferred Tax Assets	-	25.21	13.78	8.99	4.38
Long-Term Deferred Charges	-	7.61	5.6	1.57	1.17
Other Long-Term Assets	-	18.4	153.4	41.65	20.64
Total Assets	-	3,330	2,884	2,235	1,622
Accounts Payable	-	453.02	361.94	363.91	223.88
Accrued Expenses	-	195.98	174.1	105.88	67.89
Short-Term Debt	-	304.96	327.26	433.76	254.04
Current Portion of Long-Term Debt	-	115.16	12.03	9.94	-
Current Portion of Leases	-	7.32	7.34	7.7	2.92
Current Income Taxes Payable	-	19.36	24.72	3.65	1.1
Current Unearned Revenue	-	11.67	26.17	7.24	17.54
Other Current Liabilities	-	80.93	48.89	51.93	17.67
Total Current Liabilities	-	1,188	982.46	984.01	585.03
Long-Term Debt	-	520.94	574.14	138.05	-
Long-Term Leases	-	14.05	9.02	7.15	4.03
Other Long-Term Liabilities	-	6.68	13.73	2.6	2.48
Total Liabilities	-	1,730	1,579	1,132	591.54
Common Stock	-	162.85	160	160	160
Additional Paid-In Capital	-	840.21	721.33	698.73	698.73
Retained Earnings	-	564.32	378.74	248.55	180.59
Comprehensive Income & Other	-	23.69	40.88	-5.85	-9.99
Total Common Equity	1,683	1,591	1,301	1,101	1,029
Minority Interest	-	9.11	3.87	1.86	1.21
Shareholders' Equity	1,688	1,600	1,305	1,103	1,031
Total Liabilities & Equity	-	3,330	2,884	2,235	1,622
Total Debt	993.05	962.43	929.78	596.6	260.99
Net Cash (Debt)	-460.94	-396.25	-412.67	-49.46	226.91
Net Cash Growth	-	-	-	-	162.81%
Net Cash Per Share	-2.83	-2.22	-2.57	-0.31	1.53
Filing Date Shares Outstanding	164.01	162.85	160	160	160
Total Common Shares Outstanding	162.85	162.85	160	160	160
Working Capital	-	856.15	770.95	626.91	611.9
Book Value Per Share	10.33	9.77	8.13	6.88	6.43
Tangible Book Value	1,617	1,520	1,235	1,031	987.29
Tangible Book Value Per Share	9.93	9.33	7.72	6.44	6.17
Land	-	0.9	0.96	0.93	0.88
Buildings	-	551.66	294.65	265.99	261.6
Machinery	-	917.14	603.78	380.13	322.71
Construction In Progress	-	88.68	345.17	157.86	45.27

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