SHA:688595 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	278.12	611.59	550.76	636.82	381.8
Trading Asset Securities	-	-	-	94.16	52.06
Cash & Short-Term Investments	278.12	611.59	550.76	730.98	433.87
Cash Growth	-54.52%	11.05%	-24.66%	68.48%	-30.59%
Accounts Receivable	184.02	160.3	162.74	256.23	137.67
Other Receivables	38.45	46.79	3.72	5.15	4.85
Receivables	222.47	207.08	166.46	261.38	142.51
Inventory	328.74	287.66	190.14	206.18	127.27
Prepaid Expenses	-	-	-	-	2.66
Other Current Assets	114.06	98.93	80.77	93.94	70.12
Total Current Assets	943.38	1,205	988.13	1,292	776.43
Property, Plant & Equipment	287.42	237.22	193.26	166.42	149.45
Long-Term Investments	52.99	28.86	28	28	18
Other Intangible Assets	107.39	116.14	149.98	127.94	109.01
Long-Term Deferred Tax Assets	70.65	58.18	36.9	24.25	14.78
Long-Term Deferred Charges	39.44	44.29	45.58	43.92	27.82
Other Long-Term Assets	5.09	5.3	10.26	17.93	22.69
Total Assets	1,506	1,695	1,452	1,701	1,118
Accounts Payable	30.14	32.78	10.55	10.36	1.33
Accrued Expenses	105.79	86.1	67.42	66.27	50.32
Short-Term Debt	90.05	270.11	38.03	130.36	-
Current Portion of Long-Term Debt	74.12	6.22	1.29	-	-
Current Portion of Leases	7.45	7.68	6.32	11.97	7.1
Current Income Taxes Payable	-	0.03	-	-	-
Current Unearned Revenue	0.94	2.84	2.27	1.43	3.85
Other Current Liabilities	16.33	31.84	24.88	18.34	44.28
Total Current Liabilities	324.81	437.59	150.76	238.73	106.88
Long-Term Debt	383.63	456.19	355.29	339.67	-
Long-Term Leases	23.33	12.9	2.1	6.03	13.51
Long-Term Unearned Revenue	26.2	31.72	28.04	19.22	9.48
Total Liabilities	757.97	938.41	536.19	603.66	129.88
Common Stock	144.09	142.43	142.43	142.16	100
Additional Paid-In Capital	796.72	758.46	685.66	724.24	650
Retained Earnings	-200.3	-94.86	78.02	221.47	238.38
Treasury Stock	-60.01	-120.03	-60.02	-60.02	-
Comprehensive Income & Other	63.32	69.4	69.4	69.4	-
Total Common Equity	743.82	755.4	915.49	1,097	988.38
Minority Interest	4.58	1.44	0.44	0.04	-0.08
Shareholders' Equity	748.4	756.84	915.92	1,097	988.3
Total Liabilities & Equity	1,506	1,695	1,452	1,701	1,118
Total Debt	578.57	753.1	403.02	488.03	20.62
Net Cash (Debt)	-300.45	-141.51	147.73	242.95	413.25
Net Cash Growth	-	-	-39.19%	-41.21%	-21.06%
Net Cash Per Share	-2.14	-1.01	1.04	1.72	2.94
Filing Date Shares Outstanding	142.51	108.8	141.35	141.08	140
Total Common Shares Outstanding	142.51	108.8	141.35	141.08	140
Working Capital	618.57	767.66	837.37	1,054	669.54
Book Value Per Share	5.22	6.94	6.48	7.78	7.06
Tangible Book Value	636.43	639.26	765.5	969.31	879.36
Tangible Book Value Per Share	4.47	5.88	5.42	6.87	6.28
Buildings	111.57	111.57	111.57	111.57	111.57
Machinery	96.82	92.04	82.57	68.94	40.91
Construction In Progress	130.51	75.59	36.92	4.37	-

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