SHA:688582 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	151.91	680.43	633.2	913.53	123.28	8.64
Short-Term Investments	-	-	509.2	201.29	-	-
Trading Asset Securities	1,697	1,189	551.33	472.56	137.71	226.63
Cash & Short-Term Investments	1,849	1,869	1,694	1,587	261	235.27
Cash Growth	38.69%	10.35%	6.70%	508.20%	10.94%	7.13%
Accounts Receivable	400.01	393.14	433.8	363.87	214.79	165.54
Other Receivables	1.94	2.7	3.18	2.16	1.31	1.29
Receivables	401.95	395.85	436.97	366.04	216.1	166.84
Inventory	188.71	167.76	91.64	68.32	49.94	28.64
Prepaid Expenses	-	0.17	0.26	0.21	0.2	0.17
Other Current Assets	23.65	23.03	22.57	27.43	23.99	17.46
Total Current Assets	2,463	2,456	2,245	2,049	551.24	448.38
Property, Plant & Equipment	53.3	53.46	53.93	50.58	24	13.59
Long-Term Investments	1.89	2.17	-	-	-	-
Other Intangible Assets	42.17	43.85	50.85	54.96	60.57	66.85
Long-Term Deferred Tax Assets	0.53	1.15	-	-	-	-
Long-Term Deferred Charges	28.12	30.46	26.65	18.48	8.52	9.21
Other Long-Term Assets	11.84	11.72	5.59	1.31	17.71	4.46
Total Assets	2,601	2,599	2,382	2,175	662.03	542.48
Accounts Payable	16.4	9.89	5.25	5.41	3.08	2.2
Accrued Expenses	8.75	21.61	22.21	21.03	23.67	7.54
Current Portion of Leases	-	7.87	9.31	7.52	5.43	4.05
Current Unearned Revenue	1.18	1.38	0.66	0.14	0.09	0.03
Other Current Liabilities	60.15	1.95	7.31	6.27	6.91	10.29
Total Current Liabilities	97.94	42.69	44.74	40.35	39.19	24.1
Long-Term Leases	8.06	11.81	11.08	16.71	6.94	3.05
Long-Term Unearned Revenue	14.11	14.16	3.68	0.88	1	0.5
Other Long-Term Liabilities	1.15	1.15	4.05	3.14	-	-
Total Liabilities	121.25	69.81	63.55	61.1	47.13	27.65
Common Stock	401.74	401.74	400.61	400.01	344.8	344.8
Additional Paid-In Capital	1,453	1,445	1,387	1,354	51.74	51.74
Retained Earnings	624.98	681.88	530.72	359.75	218.35	118.3
Comprehensive Income & Other	-0	-0	-0	-0	-0	-0.01
Shareholders' Equity	2,480	2,529	2,319	2,114	614.89	514.83
Total Liabilities & Equity	2,601	2,599	2,382	2,175	662.03	542.48
Total Debt	17.01	19.68	20.39	24.23	12.37	7.1
Net Cash (Debt)	1,832	1,849	1,673	1,563	248.62	228.17
Net Cash Growth	39.26%	10.51%	7.05%	528.72%	8.97%	3.90%
Net Cash Per Share	4.98	4.57	4.14	4.16	0.72	0.66
Filing Date Shares Outstanding	255.33	400.72	400.61	400.01	344.8	344.8
Total Common Shares Outstanding	255.33	400.72	400.61	400.01	344.8	344.8
Working Capital	2,365	2,413	2,200	2,009	512.04	424.28
Book Value Per Share	9.71	6.31	5.79	5.28	1.78	1.49
Tangible Book Value	2,438	2,485	2,268	2,059	554.33	447.99
Tangible Book Value Per Share	9.55	6.20	5.66	5.15	1.61	1.30
Machinery	-	54.73	46.36	32.8	11.32	-
Construction In Progress	-	-	-	-	4.11	-

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