SHA:688570 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	2,537	2,914	2,817	461.1	191.69
Trading Asset Securities	0.25	0.28	0.29	-	-
Cash & Short-Term Investments	2,538	2,914	2,817	461.1	191.69
Cash Growth	-12.92%	3.45%	510.88%	140.55%	574748.51%
Accounts Receivable	1,580	1,743	1,651	1,336	1,179
Other Receivables	11.88	22.34	10.14	10.94	11.07
Receivables	1,592	1,766	1,661	1,347	1,191
Inventory	581.2	533.35	550.89	475.83	393.61
Prepaid Expenses	-	1.11	-	3.36	0.82
Other Current Assets	54.32	45.96	18.7	22.17	21.77
Total Current Assets	4,765	5,260	5,047	2,309	1,798
Property, Plant & Equipment	442.45	377.26	303.98	282.95	230.85
Long-Term Investments	452.21	46.51	-	-	8.17
Other Intangible Assets	91.51	82.96	77.43	60.17	59.53
Long-Term Deferred Tax Assets	32.08	22.21	22.27	17.51	13.34
Long-Term Deferred Charges	12.02	5.41	2.64	2.27	-
Other Long-Term Assets	55.33	34.67	15.79	8.47	13.26
Total Assets	5,850	5,829	5,470	2,681	2,124
Accounts Payable	1,129	920.68	812.76	566.74	443.73
Accrued Expenses	52.25	166.25	157.44	141.25	154.27
Current Portion of Long-Term Debt	33.67	-	-	-	-
Current Portion of Leases	-	11.63	4.91	4.11	1.61
Current Income Taxes Payable	10.77	-	9.27	11.35	15.26
Current Unearned Revenue	26.75	55.7	12.79	43.82	47.32
Other Current Liabilities	229.97	266.06	241.65	266.99	249.05
Total Current Liabilities	1,482	1,420	1,239	1,034	911.23
Long-Term Leases	11.81	18.55	2.35	3.72	1.21
Long-Term Unearned Revenue	54.89	11.3	9.74	11.94	13.04
Long-Term Deferred Tax Liabilities	-	-	1.2	1.11	-
Other Long-Term Liabilities	-	34.53	40.9	36.72	59.12
Total Liabilities	1,549	1,485	1,293	1,088	984.6
Common Stock	433	433	433	360	360
Additional Paid-In Capital	2,787	2,787	2,787	701.05	642.45
Retained Earnings	1,068	1,113	946.88	522.37	125.8
Comprehensive Income & Other	13.53	11.44	9.97	9.5	10.77
Shareholders' Equity	4,302	4,344	4,177	1,593	1,139
Total Liabilities & Equity	5,850	5,829	5,470	2,681	2,124
Total Debt	45.48	30.18	7.26	7.83	2.82
Net Cash (Debt)	2,492	2,884	2,810	453.27	188.87
Net Cash Growth	-13.58%	2.65%	519.83%	139.99%	-
Net Cash Per Share	5.86	6.62	7.08	1.26	0.52
Filing Date Shares Outstanding	433	433	433	360	360.37
Total Common Shares Outstanding	433	433	433	360	360.37
Working Capital	3,283	3,840	3,809	1,275	887.23
Book Value Per Share	9.93	10.03	9.65	4.42	3.16
Tangible Book Value	4,210	4,262	4,099	1,533	1,079
Tangible Book Value Per Share	9.72	9.84	9.47	4.26	3.00
Buildings	-	173.42	171.67	168.71	167.44
Machinery	-	260.35	213.17	158.05	112.61
Construction In Progress	-	35.84	10.13	24.5	7.43

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