SHA:688576 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	298.96	289.08	558.45	712.25	332.89	304.24
Trading Asset Securities	395.94	436.02	434.57	874.13	-	-
Cash & Short-Term Investments	694.9	725.1	993.02	1,586	332.89	304.24
Cash Growth	-22.94%	-26.98%	-37.40%	376.55%	9.42%	177.67%
Accounts Receivable	43.57	54.3	78.43	64.59	4.42	6.03
Other Receivables	0.88	0.79	0.71	0.71	1.13	3.07
Receivables	44.45	55.09	79.14	65.3	5.56	9.1
Inventory	138.9	134.39	75.33	59.51	62.73	50.13
Other Current Assets	544.37	538.43	7.67	4.9	7.12	1.47
Total Current Assets	1,423	1,453	1,155	1,716	408.29	364.93
Property, Plant & Equipment	420.42	408.91	372.25	214.79	85.21	26.48
Other Intangible Assets	21.13	21.77	22.32	20.75	18.65	0.22
Long-Term Deferred Tax Assets	8.3	8.02	6.58	5.01	3.87	2.1
Long-Term Deferred Charges	2.78	2.15	1.95	3.55	4.42	6.17
Other Long-Term Assets	3.38	4.79	367.52	357.89	2.22	3.67
Total Assets	1,879	1,899	1,926	2,318	522.66	403.58
Accounts Payable	105.4	121.42	34.8	32.65	18.64	16.84
Accrued Expenses	9.59	16.07	28.29	40.36	36.66	21.06
Current Portion of Leases	-	-	0.13	3.01	3.88	3.88
Current Income Taxes Payable	4.51	5.79	8.51	8.15	-	-
Current Unearned Revenue	9.1	12.41	7.87	4.6	12.89	19.34
Other Current Liabilities	5.75	7.34	70.46	61.69	36.78	7.38
Total Current Liabilities	134.36	163.04	150.05	150.45	108.84	68.5
Long-Term Leases	-	-	-	0.09	2.29	5.55
Long-Term Unearned Revenue	0.63	0.63	0.95	0.97	0.47	0.28
Long-Term Deferred Tax Liabilities	0.38	0.4	0.83	1.34	1	-
Other Long-Term Liabilities	6.97	6.68	8.92	4.56	3.57	3.6
Total Liabilities	142.34	170.74	160.75	157.41	116.17	77.93
Common Stock	45.5	45.5	49.63	53	39.75	39.75
Additional Paid-In Capital	1,456	1,455	1,721	1,913	289.9	284.52
Retained Earnings	257.98	250.69	243.97	194.19	76.84	1.38
Treasury Stock	-23.61	-23.61	-250.06	-	-	-
Shareholders' Equity	1,736	1,728	1,765	2,161	406.49	325.65
Total Liabilities & Equity	1,879	1,899	1,926	2,318	522.66	403.58
Total Debt	-	-	0.13	3.09	6.17	9.43
Net Cash (Debt)	694.9	725.1	992.89	1,583	326.72	294.8
Net Cash Growth	-22.93%	-26.97%	-37.29%	384.60%	10.82%	194.20%
Net Cash Per Share	15.77	16.06	19.82	34.14	8.24	8.00
Filing Date Shares Outstanding	45.57	44.94	45.96	53	39.75	39.75
Total Common Shares Outstanding	45.57	44.94	45.96	53	39.75	39.75
Working Capital	1,288	1,290	1,005	1,566	299.45	296.44
Book Value Per Share	38.11	38.45	38.40	40.77	10.23	8.19
Tangible Book Value	1,715	1,706	1,743	2,140	387.84	325.43
Tangible Book Value Per Share	37.64	37.96	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.