SHA:688591 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	-	1,713	1,955	478.05	470.75
Trading Asset Securities	-	179.33	-	-	-
Cash & Short-Term Investments	2,001	1,893	1,955	478.05	470.75
Cash Growth	5.71%	-3.18%	308.96%	1.55%	-5.25%
Accounts Receivable	-	213.3	185.37	154.7	122.48
Other Receivables	-	6.71	2.02	2.16	10.31
Receivables	-	220.01	187.39	156.86	132.79
Inventory	-	137.16	153.48	246.58	229.61
Other Current Assets	-	12.9	30.75	34.77	43.82
Total Current Assets	-	2,263	2,327	916.26	876.97
Property, Plant & Equipment	-	87.59	30.95	26.39	24.42
Long-Term Investments	-	49.29	-	-	12.75
Other Intangible Assets	-	26.86	20.48	31.32	41.26
Long-Term Deferred Tax Assets	-	12.24	6.31	6.69	3.05
Long-Term Deferred Charges	-	1.81	0.27	0.18	0.39
Other Long-Term Assets	-	48.69	45.21	12.74	6.49
Total Assets	-	2,489	2,430	993.57	965.32
Accounts Payable	-	32.23	15.41	11.4	16.39
Accrued Expenses	-	60.57	50.56	26.96	32.31
Short-Term Debt	-	0.04	0.04	0.08	0
Current Portion of Leases	-	8.64	3.12	3.42	2.81
Current Income Taxes Payable	-	0.05	0.03	2.29	2.83
Current Unearned Revenue	-	6.81	3.55	7.83	11.72
Other Current Liabilities	-	9.52	9.09	4.75	11.57
Total Current Liabilities	-	117.87	81.81	56.72	77.64
Long-Term Leases	-	23.34	2.74	2.05	0.79
Long-Term Unearned Revenue	-	5	3.96	6.64	10.34
Pension & Post-Retirement Benefits	-	0.18	-	-	-
Long-Term Deferred Tax Liabilities	-	0	0	0.02	-
Total Liabilities	-	146.39	88.52	65.43	88.77
Common Stock	-	240	240	180	180
Additional Paid-In Capital	-	2,010	1,996	694.45	689.81
Retained Earnings	-	196.04	116.02	66.25	16.47
Treasury Stock	-	-92.96	-	-	-
Comprehensive Income & Other	-	-10.35	-10.92	-12.56	-9.73
Shareholders' Equity	2,476	2,343	2,341	928.14	876.55
Total Liabilities & Equity	-	2,489	2,430	993.57	965.32
Total Debt	30.83	32.02	5.91	5.54	3.61
Net Cash (Debt)	1,970	1,861	1,949	472.51	467.14
Net Cash Growth	5.88%	-4.53%	312.51%	1.15%	-5.97%
Net Cash Per Share	8.30	7.83	9.79	2.66	2.60
Filing Date Shares Outstanding	238.8	235.76	238.24	180	180
Total Common Shares Outstanding	238.8	235.76	240	180	180
Working Capital	-	2,145	2,245	859.53	799.33
Book Value Per Share	10.47	9.94	9.76	5.16	4.87
Tangible Book Value	2,450	2,316	2,321	896.82	835.29
Tangible Book Value Per Share	10.36	9.82	9.67	4.98	4.64
Machinery	-	93.02	54.73	45.62	38.29

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