SHA:688552 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	-	1,690	2,085	304.87	685.05
Cash & Short-Term Investments	1,431	1,690	2,085	304.87	685.05
Cash Growth	-15.36%	-18.95%	583.92%	-55.50%	-19.44%
Accounts Receivable	-	289.8	302.19	873.09	313.42
Other Receivables	-	24.58	17.08	1.72	-
Receivables	-	314.38	319.27	874.81	313.42
Inventory	-	531.53	387.26	441.73	439.92
Prepaid Expenses	-	40.49	-	-	-
Other Current Assets	-	58.12	46.32	18.45	13.33
Total Current Assets	-	2,635	2,838	1,640	1,452
Property, Plant & Equipment	-	461.93	305.69	77.2	65.1
Other Intangible Assets	-	101.5	95.87	95.34	96.7
Long-Term Deferred Tax Assets	-	35.35	8.53	6.54	3.74
Long-Term Deferred Charges	-	16.31	-	-	-
Other Long-Term Assets	-	3.16	22	32.18	-
Total Assets	-	3,253	3,270	1,851	1,617
Accounts Payable	-	398.15	450.4	612.53	636.06
Accrued Expenses	-	34.15	20.46	48.74	4.19
Current Portion of Leases	-	3.36	1.19	1.02	2.69
Current Income Taxes Payable	-	-	-	7.27	5.41
Current Unearned Revenue	-	143.6	117.9	211.98	99.04
Other Current Liabilities	-	14.91	8.58	10.95	33.07
Total Current Liabilities	-	594.16	598.52	892.48	780.46
Long-Term Leases	-	0.06	0.05	0.4	1.03
Long-Term Unearned Revenue	-	100.42	2.68	-	0.29
Long-Term Deferred Tax Liabilities	-	0.63	0.25	0.29	0.63
Other Long-Term Liabilities	-	0.31	0.32	0.33	0.3
Total Liabilities	-	695.58	601.83	893.5	782.71
Common Stock	-	337.25	337.25	252.94	252.94
Additional Paid-In Capital	-	1,628	1,628	55.72	55.72
Retained Earnings	-	572.33	681.59	626.35	507.43
Comprehensive Income & Other	-	19.59	21.3	22.6	18.47
Shareholders' Equity	2,593	2,557	2,668	957.61	834.56
Total Liabilities & Equity	-	3,253	3,270	1,851	1,617
Total Debt	4.82	3.42	1.24	1.42	3.73
Net Cash (Debt)	1,426	1,687	2,084	303.45	681.33
Net Cash Growth	-15.47%	-19.06%	586.71%	-55.46%	-19.88%
Net Cash Per Share	4.02	4.96	6.92	1.20	2.71
Filing Date Shares Outstanding	397.72	337.25	337.25	337.25	252.94
Total Common Shares Outstanding	337.25	337.25	337.25	252.94	252.94
Working Capital	-	2,040	2,239	747.37	671.27
Book Value Per Share	7.69	7.58	7.91	3.79	3.30
Tangible Book Value	2,494	2,456	2,572	862.27	737.86
Tangible Book Value Per Share	7.40	7.28	7.63	3.41	2.92
Buildings	-	335.55	45.99	45.99	45.99
Machinery	-	207.93	140.73	136.69	127.59
Construction In Progress	-	64.51	253.91	19.75	5.36

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