SHA:688573 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	-	174.81	310.82	165.44	254.53
Short-Term Investments	-	140.19	140.41	3.28	-
Cash & Short-Term Investments	205.92	315	451.23	168.73	254.53
Cash Growth	-34.63%	-30.19%	167.43%	-33.71%	267.81%
Accounts Receivable	-	591.95	593.59	504.11	320.04
Other Receivables	-	0.41	0.11	0.02	4.43
Receivables	-	592.36	593.7	504.13	324.46
Inventory	-	382.08	332.54	251.75	228.24
Other Current Assets	-	119.61	68.97	47.88	32.44
Total Current Assets	-	1,409	1,446	972.49	839.68
Property, Plant & Equipment	-	426.72	324.19	294.65	232.89
Long-Term Investments	-	19.65	-	-	-
Other Intangible Assets	-	34.81	26.74	27.65	27.42
Long-Term Accounts Receivable	-	80.01	0.41	2.73	-
Long-Term Deferred Tax Assets	-	35.48	16.44	13.82	12.35
Long-Term Deferred Charges	-	5.65	5.15	4.17	0.97
Other Long-Term Assets	-	30.87	30.35	5.14	3.76
Total Assets	-	2,042	1,850	1,321	1,117
Accounts Payable	-	653.05	557.35	523.47	416.86
Accrued Expenses	-	26.43	31.46	32.07	12.07
Short-Term Debt	-	160.15	62.14	35.06	19.17
Current Portion of Long-Term Debt	-	19.76	15.48	56.9	14.2
Current Portion of Leases	-	5.85	3.01	2.42	1.85
Current Income Taxes Payable	-	2.52	0.11	2.26	-
Current Unearned Revenue	-	105.18	53.02	77.68	116.42
Other Current Liabilities	-	125.3	72.33	74.77	75.67
Total Current Liabilities	-	1,098	794.89	804.63	656.24
Long-Term Debt	-	88.74	108.38	115.4	138.4
Long-Term Leases	-	24	2.4	4.85	5.81
Long-Term Unearned Revenue	-	0.37	2.95	19.86	16.55
Long-Term Deferred Tax Liabilities	-	5.65	0.7	1.1	-
Total Liabilities	-	1,217	909.32	945.84	817
Common Stock	-	97.75	97.75	73.32	73.32
Additional Paid-In Capital	-	783.71	782.85	299.75	298.35
Retained Earnings	-	-26.96	55.67	-2.68	-69.47
Treasury Stock	-	-34.2	-	-	-
Total Common Equity	635.12	820.31	936.27	370.39	302.2
Minority Interest	-	4.93	4.11	4.41	-2.12
Shareholders' Equity	634.05	825.24	940.39	374.8	300.08
Total Liabilities & Equity	-	2,042	1,850	1,321	1,117
Total Debt	274.58	298.5	191.4	214.63	179.42
Net Cash (Debt)	-68.66	16.49	259.83	-45.9	75.11
Net Cash Growth	-	-93.65%	-	-	-
Net Cash Per Share	-0.73	0.17	3.21	-0.63	1.08
Filing Date Shares Outstanding	92.5	96	97.75	73.32	73.32
Total Common Shares Outstanding	94.29	96	97.75	73.32	73.32
Working Capital	-	310.81	651.54	167.86	183.44
Book Value Per Share	6.74	8.54	9.58	5.05	4.12
Tangible Book Value	582.56	785.5	909.53	342.74	274.78
Tangible Book Value Per Share	6.18	8.18	9.30	4.67	3.75
Buildings	-	328.11	258.64	127.6	78.27
Machinery	-	52.02	40.64	33.88	29.45
Construction In Progress	-	64.61	54.12	151.44	137.02

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.