SHA:688605 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	482.31	662.28	750.58	281.92	265.17	307.89
Cash & Short-Term Investments	482.31	662.28	750.58	281.92	265.17	307.89
Cash Growth	-26.65%	-11.77%	166.24%	6.32%	-13.88%	-
Accounts Receivable	573.95	509.75	487.45	255.25	167.18	234.63
Other Receivables	2.76	1.44	1.26	7.9	5.57	2.24
Receivables	576.7	511.19	488.71	263.15	172.75	236.87
Inventory	347.79	305.54	266.38	176.64	172.56	115.99
Other Current Assets	31.53	27.17	14.34	4.32	4.45	1.99
Total Current Assets	1,438	1,506	1,520	726.03	614.93	662.74
Property, Plant & Equipment	665.49	584.49	373	272.09	242.44	155.27
Goodwill	8.01	8.01	-	-	-	-
Other Intangible Assets	47	37.1	36.46	37.25	27.15	22.42
Long-Term Deferred Tax Assets	17.29	15.26	11.94	11.17	5.61	3.86
Long-Term Deferred Charges	9.35	11.13	11	9	9.62	6.02
Other Long-Term Assets	34.74	16.42	25.11	15.01	9.51	13.26
Total Assets	2,220	2,179	1,978	1,071	909.26	863.58
Accounts Payable	332.93	341.63	354.76	243.74	164.41	173.1
Accrued Expenses	14.1	28.53	25.05	10.09	6.22	7.28
Short-Term Debt	39.02	39.02	39.03	30.03	44.04	60.57
Current Portion of Long-Term Debt	11.78	0.06	-	-	-	-
Current Portion of Leases	-	2.86	4.07	1.32	1.51	7.04
Current Income Taxes Payable	10.83	7.71	4.97	5.63	-	2.66
Current Unearned Revenue	1.32	0.42	0.33	0.17	0.71	19.28
Other Current Liabilities	32.31	23.24	36.94	1.88	3.5	35.68
Total Current Liabilities	442.29	443.48	465.14	292.86	220.39	305.61
Long-Term Debt	82.12	67.75	-	-	-	-
Long-Term Leases	0.65	0.68	3.77	2.55	3.15	2.9
Long-Term Unearned Revenue	25.28	23.38	26.17	29.5	32.48	33.59
Long-Term Deferred Tax Liabilities	0.02	0.03	-	2.04	2.18	-
Total Liabilities	550.36	535.32	495.08	326.95	258.2	342.1
Common Stock	202.38	202.38	202.38	151.78	151.78	63.78
Additional Paid-In Capital	955.47	953.67	941.28	466.95	454.7	336.06
Retained Earnings	511.99	487.22	338.8	124.85	44.58	121.65
Shareholders' Equity	1,670	1,643	1,482	743.59	651.06	521.49
Total Liabilities & Equity	2,220	2,179	1,978	1,071	909.26	863.58
Total Debt	133.57	110.37	46.86	33.9	48.7	70.52
Net Cash (Debt)	348.74	551.9	703.72	248.02	216.47	237.38
Net Cash Growth	-37.42%	-21.57%	183.74%	14.57%	-8.81%	-
Net Cash Per Share	1.70	2.72	4.54	1.64	1.45	-
Filing Date Shares Outstanding	206.43	202.38	202.38	151.78	149.61	-
Total Common Shares Outstanding	206.43	202.38	202.38	151.78	149.61	-
Working Capital	996.04	1,063	1,055	433.17	394.54	357.14
Book Value Per Share	8.09	8.12	7.33	4.90	4.35	-
Tangible Book Value	1,615	1,598	1,446	706.34	623.91	499.06
Tangible Book Value Per Share	7.82	7.90	7.14	4.65	4.17	-
Buildings	-	170.56	93.55	90.95	87.51	48
Machinery	-	426.22	325.44	246.85	189.57	112.25
Construction In Progress	-	145.24	61.49	15.4	20.11	17.79