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	1,211	1,713	1,955	478.05	470.75
Trading Asset Securities	791.95	179.33	-	-	-
Cash & Short-Term Investments	2,003	1,893	1,955	478.05	470.75
Cash Growth	5.81%	-3.18%	308.96%	1.55%	-5.25%
Accounts Receivable	205.27	213.3	185.37	154.7	122.48
Other Receivables	0.39	6.71	2.02	2.16	10.31
Receivables	205.66	220.01	187.39	156.86	132.79
Inventory	170.3	137.16	153.48	246.58	229.61
Other Current Assets	37.95	12.9	30.75	34.77	43.82
Total Current Assets	2,417	2,263	2,327	916.26	876.97
Property, Plant & Equipment	96.2	87.59	30.95	26.39	24.42
Long-Term Investments	10.22	49.29	-	-	12.75
Other Intangible Assets	35.45	26.86	20.48	31.32	41.26
Long-Term Deferred Tax Assets	14.82	12.24	6.31	6.69	3.05
Long-Term Deferred Charges	1.56	1.81	0.27	0.18	0.39
Other Long-Term Assets	39.04	48.69	45.21	12.74	6.49
Total Assets	2,614	2,489	2,430	993.57	965.32
Accounts Payable	30.45	32.23	15.41	11.4	16.39
Accrued Expenses	48.87	60.57	50.56	26.96	32.31
Short-Term Debt	-	0.04	0.04	0.08	0
Current Portion of Long-Term Debt	11.22	-	-	-	-
Current Portion of Leases	-	8.64	3.12	3.42	2.81
Current Income Taxes Payable	15.54	0.05	0.03	2.29	2.83
Current Unearned Revenue	7.13	6.81	3.55	7.83	11.72
Other Current Liabilities	34.74	9.52	9.09	4.75	11.57
Total Current Liabilities	147.96	117.87	81.81	56.72	77.64
Long-Term Leases	15.52	23.34	2.74	2.05	0.79
Long-Term Unearned Revenue	9.19	5	3.96	6.64	10.34
Pension & Post-Retirement Benefits	-	0.18	-	-	-
Long-Term Deferred Tax Liabilities	0.02	0	0	0.02	-
Other Long-Term Liabilities	6.57	-	-	-	-
Total Liabilities	179.26	146.39	88.52	65.43	88.77
Common Stock	240.74	240	240	180	180
Additional Paid-In Capital	2,062	2,010	1,996	694.45	689.81
Retained Earnings	274.84	196.04	116.02	66.25	16.47
Treasury Stock	-92.96	-92.96	-	-	-
Comprehensive Income & Other	-50.26	-10.35	-10.92	-12.56	-9.73
Shareholders' Equity	2,435	2,343	2,341	928.14	876.55
Total Liabilities & Equity	2,614	2,489	2,430	993.57	965.32
Total Debt	26.74	32.02	5.91	5.54	3.61
Net Cash (Debt)	1,976	1,861	1,949	472.51	467.14
Net Cash Growth	6.19%	-4.53%	312.51%	1.15%	-5.97%
Net Cash Per Share	8.23	7.83	9.79	2.66	2.60
Filing Date Shares Outstanding	232.52	235.76	238.24	180	180
Total Common Shares Outstanding	232.52	235.76	240	180	180
Working Capital	2,269	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	2,399	2,316	2,321	896.82	835.29
Tangible Book Value Per Share	10.32	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.