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	1,518	1,323	1,828	340.93	377.36
Trading Asset Securities	-	30.18	-	-	-
Cash & Short-Term Investments	1,518	1,353	1,828	340.93	377.36
Cash Growth	12.20%	-25.96%	436.06%	-9.65%	110.88%
Accounts Receivable	568.53	612.7	268.43	252.49	167.38
Other Receivables	0.73	0.91	2.4	1.52	0.19
Receivables	569.26	613.61	270.83	254.01	167.57
Inventory	200.66	202.77	232.06	263.83	165.27
Prepaid Expenses	-	-	0.7	-	0
Other Current Assets	34.09	52.14	37.97	51.52	11.67
Total Current Assets	2,322	2,222	2,369	910.3	721.86
Property, Plant & Equipment	784.26	767.7	757.36	748.58	657.3
Goodwill	1.31	1.31	1.31	1.31	1.31
Other Intangible Assets	143.02	145.53	92.16	94.3	92.58
Long-Term Deferred Tax Assets	28.66	19.62	15.75	14.68	11.57
Long-Term Deferred Charges	0.38	0.47	1.29	1.66	2.06
Other Long-Term Assets	36.03	2.92	10.01	2.85	2.15
Total Assets	3,316	3,159	3,247	1,774	1,489
Accounts Payable	683.54	641.03	539.28	440.48	330.3
Accrued Expenses	105.2	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	1.19	0.5	0.15	0.27	1.78
Current Income Taxes Payable	26.07	17.69	11.46	11.06	3.61
Current Unearned Revenue	16.89	19.54	185.55	105.91	93.58
Other Current Liabilities	19.12	15.56	12.07	63.54	16.8
Total Current Liabilities	852.02	816.25	880.15	772.54	645.23
Long-Term Debt	-	20	60	300.75	264.91
Long-Term Leases	2.86	1.03	1.32	1.03	-
Long-Term Unearned Revenue	28.01	19.85	20.57	11.15	8.72
Long-Term Deferred Tax Liabilities	3.16	3.08	3.43	3.84	-
Other Long-Term Liabilities	0.03	0.94	1.04	1.07	3.03
Total Liabilities	886.08	861.16	966.51	1,090	921.89
Common Stock	208.84	175.7	146.67	110	110
Additional Paid-In Capital	1,578	1,645	1,671	264.49	264.49
Retained Earnings	593.21	503.24	420.64	279.96	169.48
Treasury Stock	-	-76.15	-	-	-
Comprehensive Income & Other	34.84	31.72	28.92	21.92	18.64
Total Common Equity	2,414	2,279	2,267	676.36	562.61
Minority Interest	15.24	18.76	13.54	6.93	4.33
Shareholders' Equity	2,430	2,298	2,281	683.29	566.94
Total Liabilities & Equity	3,316	3,159	3,247	1,774	1,489
Total Debt	4.05	61.61	111.61	409.14	435.66
Net Cash (Debt)	1,514	1,291	1,716	-68.21	-58.3
Net Cash Growth	17.23%	-24.74%	-	-	-
Net Cash Per Share	7.24	6.17	9.25	-0.43	-0.40
Filing Date Shares Outstanding	208.84	208.84	211.2	158.4	144.84
Total Common Shares Outstanding	208.84	208.84	211.2	158.4	144.84
Working Capital	1,470	1,405	1,489	137.76	76.63
Book Value Per Share	11.56	10.91	10.73	4.27	3.88
Tangible Book Value	2,270	2,132	2,173	580.75	468.72
Tangible Book Value Per Share	10.87	10.21	10.29	3.67	3.24
Buildings	605.59	573.66	567.88	524.6	358.88
Machinery	455.47	416.38	342.88	309.92	235.04
Construction In Progress	18.64	31.23	50.87	75.06	191.85

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