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

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.