SHA:688543 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	-	1,323	1,828	340.93	377.36
Trading Asset Securities	-	30.18	-	-	-
Cash & Short-Term Investments	963.02	1,353	1,828	340.93	377.36
Cash Growth	-28.82%	-25.97%	436.06%	-9.65%	110.88%
Accounts Receivable	-	612.7	268.43	252.49	167.38
Other Receivables	-	4.94	2.4	1.52	0.19
Receivables	-	617.64	270.83	254.01	167.57
Inventory	-	202.77	232.06	263.83	165.27
Prepaid Expenses	-	0.01	0.7	-	0
Other Current Assets	-	48.16	37.97	51.52	11.67
Total Current Assets	-	2,222	2,369	910.3	721.86
Property, Plant & Equipment	-	767.7	757.36	748.58	657.3
Goodwill	-	1.31	1.31	1.31	1.31
Other Intangible Assets	-	145.53	92.16	94.3	92.58
Long-Term Deferred Tax Assets	-	19.62	15.75	14.68	11.57
Long-Term Deferred Charges	-	0.47	1.29	1.66	2.06
Other Long-Term Assets	-	2.92	10.01	2.85	2.15
Total Assets	-	3,159	3,247	1,774	1,489
Accounts Payable	-	641.03	539.28	440.48	330.3
Accrued Expenses	-	81.86	81.49	44.19	30.2
Short-Term Debt	-	-	10.01	44.6	119.13
Current Portion of Long-Term Debt	-	40.08	40.13	62.49	49.83
Current Portion of Leases	-	0.5	0.15	0.27	1.78
Current Income Taxes Payable	-	17.69	11.46	11.06	3.61
Current Unearned Revenue	-	19.54	185.55	105.91	93.58
Other Current Liabilities	-	15.56	12.07	63.54	16.8
Total Current Liabilities	-	816.25	880.15	772.54	645.23
Long-Term Debt	-	20	60	300.75	264.91
Long-Term Leases	-	1.03	1.32	1.03	-
Long-Term Unearned Revenue	-	19.85	20.57	11.15	8.72
Long-Term Deferred Tax Liabilities	-	3.08	3.43	3.84	-
Other Long-Term Liabilities	-	0.94	1.04	1.07	3.03
Total Liabilities	-	861.16	966.51	1,090	921.89
Common Stock	-	175.7	146.67	110	110
Additional Paid-In Capital	-	1,645	1,671	264.49	264.49
Retained Earnings	-	503.24	420.64	279.96	169.48
Treasury Stock	-	-76.15	-	-	-
Comprehensive Income & Other	-	31.72	28.92	21.92	18.64
Total Common Equity	2,297	2,279	2,267	676.36	562.61
Minority Interest	-	18.76	13.54	6.93	4.33
Shareholders' Equity	2,311	2,298	2,281	683.29	566.94
Total Liabilities & Equity	-	3,159	3,247	1,774	1,489
Total Debt	1.66	61.61	111.61	409.14	435.66
Net Cash (Debt)	961.36	1,291	1,716	-68.21	-58.3
Net Cash Growth	-25.56%	-24.74%	-	-	-
Net Cash Per Share	4.62	6.17	9.25	-0.43	-0.40
Filing Date Shares Outstanding	201.27	208.84	211.2	158.4	144.84
Total Common Shares Outstanding	208.84	208.84	211.2	158.4	144.84
Working Capital	-	1,405	1,489	137.76	76.63
Book Value Per Share	11.00	10.91	10.73	4.27	3.88
Tangible Book Value	2,152	2,132	2,173	580.75	468.72
Tangible Book Value Per Share	10.30	10.21	10.29	3.67	3.24
Buildings	-	573.66	567.88	524.6	358.88
Machinery	-	416.38	342.88	309.92	235.04
Construction In Progress	-	31.23	50.87	75.06	191.85

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