SHA:688559 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	-	1,656	1,059	1,615	921.12
Short-Term Investments	-	120.28	21.35	20	-
Trading Asset Securities	-	210.46	62.84	120.08	163.18
Cash & Short-Term Investments	3,094	1,987	1,143	1,755	1,084
Cash Growth	55.72%	73.85%	-34.90%	61.90%	8.31%
Accounts Receivable	-	2,303	2,091	1,711	911.92
Other Receivables	-	25.82	45.05	30.79	24.57
Receivables	-	2,329	2,136	1,742	936.49
Inventory	-	3,956	4,852	3,434	1,880
Prepaid Expenses	-	4.64	31.9	10.02	-
Other Current Assets	-	468.53	392.87	230.63	380.66
Total Current Assets	-	8,745	8,555	7,172	4,281
Property, Plant & Equipment	-	1,879	1,706	1,293	1,025
Long-Term Investments	-	420.79	238.91	29.89	29.49
Goodwill	-	5.25	5.25	-	-
Other Intangible Assets	-	264.65	210.38	155.41	158.1
Long-Term Deferred Tax Assets	-	121.15	89.68	66.77	40.87
Long-Term Deferred Charges	-	46.22	53.69	56.02	57.38
Other Long-Term Assets	-	17.23	25.15	96.37	0.06
Total Assets	-	11,499	10,885	8,869	5,592
Accounts Payable	-	1,770	2,581	2,523	1,559
Accrued Expenses	-	142.29	248.21	185	91.91
Short-Term Debt	-	2,936	2,001	978.84	280.16
Current Portion of Long-Term Debt	-	114.82	123.48	118	122.5
Current Portion of Leases	-	29.19	48.66	45.04	15.67
Current Income Taxes Payable	-	-	0.05	26.75	5.97
Current Unearned Revenue	-	2,229	2,843	2,517	1,472
Other Current Liabilities	-	109.66	147.5	110.95	111.43
Total Current Liabilities	-	7,331	7,993	6,504	3,659
Long-Term Debt	-	824.39	405.17	198.81	286.79
Long-Term Leases	-	14.95	41.15	70.09	33.64
Long-Term Unearned Revenue	-	72.28	60.28	13.17	57.47
Long-Term Deferred Tax Liabilities	-	0.1	0.12	7.56	0.48
Other Long-Term Liabilities	-	38.49	41.97	37.01	17.23
Total Liabilities	-	8,281	8,542	6,831	4,054
Common Stock	-	246.6	203.96	201.73	200
Additional Paid-In Capital	-	2,151	1,119	992.45	872.15
Retained Earnings	-	944.1	1,127	845.85	465.45
Treasury Stock	-	-115.27	-105.17	-	-
Comprehensive Income & Other	-	0.36	-0.15	0.04	0.22
Total Common Equity	2,362	3,226	2,345	2,040	1,538
Minority Interest	-	-8.65	-2.34	-1.34	-0.25
Shareholders' Equity	2,424	3,218	2,343	2,039	1,538
Total Liabilities & Equity	-	11,499	10,885	8,869	5,592
Total Debt	4,782	3,920	2,619	1,411	738.76
Net Cash (Debt)	-1,688	-1,933	-1,476	344.65	345.54
Net Cash Growth	-	-	-	-0.26%	40.63%
Net Cash Per Share	-6.92	-9.01	-7.30	1.68	1.71
Filing Date Shares Outstanding	244.06	243.77	201.13	201.73	200
Total Common Shares Outstanding	244.93	243.77	201.13	201.73	200
Working Capital	-	1,414	562.18	668.13	622.48
Book Value Per Share	9.65	13.24	11.66	10.11	7.69
Tangible Book Value	2,076	2,957	2,129	1,885	1,380
Tangible Book Value Per Share	8.48	12.13	10.59	9.34	6.90
Buildings	-	1,613	1,119	896.42	521
Machinery	-	401.99	334.53	262.36	166.87
Construction In Progress	-	50.04	324.89	117.16	345.04
Order Backlog	-	7,200	-	-	-

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