SHA:688573 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	341.69	254.45	174.57	310.82	165.44	254.53
Short-Term Investments	-	50.1	140.19	140.41	3.28	-
Cash & Short-Term Investments	341.69	304.55	314.75	451.23	168.73	254.53
Cash Growth	110.70%	-3.24%	-30.25%	167.43%	-33.71%	267.81%
Accounts Receivable	403.56	390.09	651.45	593.59	504.11	320.04
Other Receivables	20.86	22.88	48.2	0.11	0.02	4.43
Receivables	424.42	412.97	699.65	593.7	504.13	324.46
Inventory	875.59	650.8	382.08	332.54	251.75	228.24
Other Current Assets	155.88	131.54	103.36	68.97	47.88	32.44
Total Current Assets	1,798	1,500	1,500	1,446	972.49	839.68
Property, Plant & Equipment	499.55	470.25	402.01	324.19	294.65	232.89
Long-Term Investments	21.44	21.46	19.65	-	-	-
Other Intangible Assets	44.92	45.59	29.6	26.74	27.65	27.42
Long-Term Accounts Receivable	34.39	40.64	80.01	0.41	2.73	-
Long-Term Deferred Tax Assets	32.45	32.62	38.68	16.44	13.82	12.35
Long-Term Deferred Charges	6.52	6.27	5.65	5.15	4.17	0.97
Other Long-Term Assets	2.78	3.14	29.71	30.35	5.14	3.76
Total Assets	2,440	2,120	2,105	1,850	1,321	1,117
Accounts Payable	1,061	879.14	653.05	557.35	523.47	416.86
Accrued Expenses	12.37	48.72	29.44	31.46	32.07	12.07
Short-Term Debt	316.13	238.55	160.15	62.14	35.06	19.17
Current Portion of Long-Term Debt	21.76	18.95	19.76	15.48	56.9	14.2
Current Portion of Leases	-	2.91	5.85	3.01	2.42	1.85
Current Income Taxes Payable	5.78	0.04	2.52	0.11	2.26	-
Current Unearned Revenue	511.37	367.59	105.18	53.02	77.68	116.42
Other Current Liabilities	71.31	87.52	125.3	72.33	74.77	75.67
Total Current Liabilities	2,000	1,643	1,101	794.89	804.63	656.24
Long-Term Debt	80.87	80.68	88.74	108.38	115.4	138.4
Long-Term Leases	11.11	12.01	24	2.4	4.85	5.81
Long-Term Unearned Revenue	0.17	0.17	0.37	2.95	19.86	16.55
Long-Term Deferred Tax Liabilities	2.06	2.2	5.65	0.7	1.1	-
Other Long-Term Liabilities	0.9	0.9	-	-	-	-
Total Liabilities	2,095	1,739	1,220	909.32	945.84	817
Common Stock	97.75	97.75	97.75	97.75	73.32	73.32
Additional Paid-In Capital	859.73	859.73	859.81	782.85	299.75	298.35
Retained Earnings	-549.43	-513.89	-43.16	55.67	-2.68	-69.47
Treasury Stock	-62.21	-62.21	-34.2	-	-	-
Total Common Equity	345.84	381.38	880.21	936.27	370.39	302.2
Minority Interest	-0.81	-0.93	4.93	4.11	4.41	-2.12
Shareholders' Equity	345.03	380.45	885.14	940.39	374.8	300.08
Total Liabilities & Equity	2,440	2,120	2,105	1,850	1,321	1,117
Total Debt	429.87	353.1	298.5	191.4	214.63	179.42
Net Cash (Debt)	-88.18	-48.54	16.25	259.83	-45.9	75.11
Net Cash Growth	-	-	-93.75%	-	-	-
Net Cash Per Share	-0.94	-0.51	0.17	3.21	-0.63	1.08
Filing Date Shares Outstanding	94.29	94.29	96	97.75	73.32	73.32
Total Common Shares Outstanding	94.29	94.29	96	97.75	73.32	73.32
Working Capital	-201.92	-143.56	398.6	651.54	167.86	183.44
Book Value Per Share	3.67	4.04	9.17	9.58	5.05	4.12
Tangible Book Value	300.92	335.78	850.61	909.53	342.74	274.78
Tangible Book Value Per Share	3.19	3.56	8.86	9.30	4.67	3.75
Buildings	-	-	-	258.64	127.6	78.27
Machinery	-	101.96	48.75	40.64	33.88	29.45
Construction In Progress	-	49.36	51.05	54.12	151.44	137.02