SHA:688576 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	-	558.45	712.25	332.89	304.24
Trading Asset Securities	-	434.57	874.13	-	-
Cash & Short-Term Investments	730.1	993.02	1,586	332.89	304.24
Cash Growth	-26.48%	-37.40%	376.55%	9.42%	177.67%
Accounts Receivable	-	78.43	64.59	4.42	6.03
Other Receivables	-	0.71	0.71	1.13	3.07
Receivables	-	79.14	65.3	5.56	9.1
Inventory	-	75.33	59.51	62.73	50.13
Other Current Assets	-	7.67	4.9	7.12	1.47
Total Current Assets	-	1,155	1,716	408.29	364.93
Property, Plant & Equipment	-	372.25	214.79	85.21	26.48
Other Intangible Assets	-	22.32	20.75	18.65	0.22
Long-Term Deferred Tax Assets	-	6.58	5.01	3.87	2.1
Long-Term Deferred Charges	-	1.95	3.55	4.42	6.17
Other Long-Term Assets	-	367.52	357.89	2.22	3.67
Total Assets	-	1,926	2,318	522.66	403.58
Accounts Payable	-	34.8	32.65	18.64	16.84
Accrued Expenses	-	28.29	40.36	36.66	21.06
Current Portion of Leases	-	0.13	3.01	3.88	3.88
Current Income Taxes Payable	-	8.51	8.15	-	-
Current Unearned Revenue	-	7.87	4.6	12.89	19.34
Other Current Liabilities	-	70.46	61.69	36.78	7.38
Total Current Liabilities	-	150.05	150.45	108.84	68.5
Long-Term Leases	-	-	0.09	2.29	5.55
Long-Term Unearned Revenue	-	0.95	0.97	0.47	0.28
Long-Term Deferred Tax Liabilities	-	0.83	1.34	1	-
Other Long-Term Liabilities	-	8.92	4.56	3.57	3.6
Total Liabilities	-	160.75	157.41	116.17	77.93
Common Stock	-	49.63	53	39.75	39.75
Additional Paid-In Capital	-	1,721	1,913	289.9	284.52
Retained Earnings	-	243.97	194.19	76.84	1.38
Treasury Stock	-	-250.06	-	-	-
Shareholders' Equity	1,718	1,765	2,161	406.49	325.65
Total Liabilities & Equity	-	1,926	2,318	522.66	403.58
Total Debt	0.03	0.13	3.09	6.17	9.43
Net Cash (Debt)	730.07	992.89	1,583	326.72	294.8
Net Cash Growth	-26.47%	-37.29%	384.60%	10.82%	194.20%
Net Cash Per Share	16.07	19.82	34.14	8.24	8.00
Filing Date Shares Outstanding	46.16	45.96	53	39.75	39.75
Total Common Shares Outstanding	45.19	45.96	53	39.75	39.75
Working Capital	-	1,005	1,566	299.45	296.44
Book Value Per Share	38.02	38.40	40.77	10.23	8.19
Tangible Book Value	1,696	1,743	2,140	387.84	325.43
Tangible Book Value Per Share	37.53	37.92	40.37	9.76	8.19
Buildings	-	304.36	-	-	-
Machinery	-	83.02	51.24	42.1	34.34
Construction In Progress	-	14.34	185.85	58.89	1

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