SHA:688578 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	-	586.99	1,862	470.49	615.36
Short-Term Investments	-	280	230	-	20
Trading Asset Securities	-	2,759	419.6	1,567	1,625
Cash & Short-Term Investments	3,279	3,626	2,512	2,037	2,260
Cash Growth	-9.59%	44.37%	23.29%	-9.86%	-12.78%
Accounts Receivable	-	389	260.17	150.85	14.83
Other Receivables	-	29.26	29.07	6.82	3.58
Receivables	-	418.26	289.24	157.68	18.42
Inventory	-	30.56	62.95	32.07	20.8
Prepaid Expenses	-	2.15	3.18	2.5	-
Other Current Assets	-	103.21	40.79	56.69	75.42
Total Current Assets	-	4,180	2,908	2,286	2,375
Property, Plant & Equipment	-	516.37	526.64	539.94	404.03
Long-Term Investments	-	244.4	145.26	52.73	38.37
Other Intangible Assets	-	65.38	66.49	68.45	67.29
Long-Term Deferred Tax Assets	-	0	-	11.5	-
Long-Term Deferred Charges	-	168.12	0.71	0.57	2.11
Other Long-Term Assets	-	741.45	729.5	482.76	243.79
Total Assets	-	5,916	4,376	3,442	3,130
Accounts Payable	-	27.39	13.25	5.15	1.75
Accrued Expenses	-	482.4	314.33	152.68	96.96
Current Portion of Leases	-	0.99	1.43	1.66	4.72
Current Income Taxes Payable	-	67.45	5.4	6.98	-
Current Unearned Revenue	-	-	-	0.1	0.18
Other Current Liabilities	-	22.37	55.62	88.04	52.51
Total Current Liabilities	-	600.6	390.03	254.62	156.12
Long-Term Leases	-	0.3	0.39	0.3	0.68
Long-Term Deferred Tax Liabilities	-	28.77	0.14	-	-
Other Long-Term Liabilities	-	3.65	3.65	0.2	0.2
Total Liabilities	-	633.32	394.22	255.12	156.99
Common Stock	-	450	450	450	450
Additional Paid-In Capital	-	3,254	3,175	3,100	3,031
Retained Earnings	-	1,401	264.02	-380.16	-510.68
Comprehensive Income & Other	-	177.89	93.63	17.61	3.25
Shareholders' Equity	6,499	5,283	3,982	3,187	2,973
Total Liabilities & Equity	-	5,916	4,376	3,442	3,130
Total Debt	3.75	1.3	1.82	1.96	5.39
Net Cash (Debt)	3,275	3,625	2,510	2,035	2,255
Net Cash Growth	-9.66%	44.42%	23.32%	-9.73%	-12.99%
Net Cash Per Share	7.28	8.06	5.57	4.52	4.94
Filing Date Shares Outstanding	450	450	450	450	450
Total Common Shares Outstanding	450	450	450	450	450
Working Capital	-	3,580	2,518	2,032	2,219
Book Value Per Share	14.44	11.74	8.85	7.08	6.61
Tangible Book Value	6,321	5,217	3,916	3,119	2,906
Tangible Book Value Per Share	14.05	11.59	8.70	6.93	6.46
Buildings	-	508.81	494.91	470.35	116.73
Machinery	-	156.45	132.04	140.27	88.34
Construction In Progress	-	5.19	18.58	13.8	266.57

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