SHA:688605 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	-	750.58	281.92	265.17	307.89
Cash & Short-Term Investments	697.84	750.58	281.92	265.17	307.89
Cash Growth	-7.03%	166.24%	6.32%	-13.88%	-
Accounts Receivable	-	487.45	255.25	167.18	234.63
Other Receivables	-	12.11	7.9	5.57	2.24
Receivables	-	499.57	263.15	172.75	236.87
Inventory	-	266.38	176.64	172.56	115.99
Other Current Assets	-	3.49	4.32	4.45	1.99
Total Current Assets	-	1,520	726.03	614.93	662.74
Property, Plant & Equipment	-	373	272.09	242.44	155.27
Other Intangible Assets	-	36.46	37.25	27.15	22.42
Long-Term Deferred Tax Assets	-	11.94	11.17	5.61	3.86
Long-Term Deferred Charges	-	11	9	9.62	6.02
Other Long-Term Assets	-	25.11	15.01	9.51	13.26
Total Assets	-	1,978	1,071	909.26	863.58
Accounts Payable	-	354.76	243.74	164.41	173.1
Accrued Expenses	-	25.05	10.09	6.22	7.28
Short-Term Debt	-	39.03	30.03	44.04	60.57
Current Portion of Leases	-	4.07	1.32	1.51	7.04
Current Income Taxes Payable	-	4.97	5.63	-	2.66
Current Unearned Revenue	-	0.33	0.17	0.71	19.28
Other Current Liabilities	-	36.94	1.88	3.5	35.68
Total Current Liabilities	-	465.14	292.86	220.39	305.61
Long-Term Leases	-	3.77	2.55	3.15	2.9
Long-Term Unearned Revenue	-	26.17	29.5	32.48	33.59
Long-Term Deferred Tax Liabilities	-	-	2.04	2.18	-
Total Liabilities	-	495.08	326.95	258.2	342.1
Common Stock	-	202.38	151.78	151.78	63.78
Additional Paid-In Capital	-	941.28	466.95	454.7	336.06
Retained Earnings	-	338.8	124.85	44.58	121.65
Shareholders' Equity	1,613	1,482	743.59	651.06	521.49
Total Liabilities & Equity	-	1,978	1,071	909.26	863.58
Total Debt	110.28	46.86	33.9	48.7	70.52
Net Cash (Debt)	587.56	703.72	248.02	216.47	237.38
Net Cash Growth	-16.51%	183.74%	14.57%	-8.81%	-
Net Cash Per Share	2.90	4.54	1.64	1.45	-
Filing Date Shares Outstanding	202.38	202.38	151.78	149.61	-
Total Common Shares Outstanding	202.38	202.38	151.78	149.61	-
Working Capital	-	1,055	433.17	394.54	357.14
Book Value Per Share	7.97	7.33	4.90	4.35	-
Tangible Book Value	1,569	1,446	706.34	623.91	499.06
Tangible Book Value Per Share	7.75	7.14	4.65	4.17	-
Buildings	-	93.55	90.95	87.51	48
Machinery	-	325.44	246.85	189.57	112.25
Construction In Progress	-	61.49	15.4	20.11	17.79

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