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	662.28	750.58	281.92	265.17	307.89
Cash & Short-Term Investments	662.28	750.58	281.92	265.17	307.89
Cash Growth	-11.77%	166.24%	6.32%	-13.88%	-
Accounts Receivable	509.75	487.45	255.25	167.18	234.63
Other Receivables	1.44	1.26	7.9	5.57	2.24
Receivables	511.19	488.71	263.15	172.75	236.87
Inventory	305.54	266.38	176.64	172.56	115.99
Other Current Assets	27.17	14.34	4.32	4.45	1.99
Total Current Assets	1,506	1,520	726.03	614.93	662.74
Property, Plant & Equipment	584.49	373	272.09	242.44	155.27
Goodwill	8.01	-	-	-	-
Other Intangible Assets	37.1	36.46	37.25	27.15	22.42
Long-Term Deferred Tax Assets	15.26	11.94	11.17	5.61	3.86
Long-Term Deferred Charges	11.13	11	9	9.62	6.02
Other Long-Term Assets	16.42	25.11	15.01	9.51	13.26
Total Assets	2,179	1,978	1,071	909.26	863.58
Accounts Payable	341.63	354.76	243.74	164.41	173.1
Accrued Expenses	28.53	25.05	10.09	6.22	7.28
Short-Term Debt	39.02	39.03	30.03	44.04	60.57
Current Portion of Long-Term Debt	0.06	-	-	-	-
Current Portion of Leases	2.86	4.07	1.32	1.51	7.04
Current Income Taxes Payable	7.71	4.97	5.63	-	2.66
Current Unearned Revenue	0.42	0.33	0.17	0.71	19.28
Other Current Liabilities	23.24	36.94	1.88	3.5	35.68
Total Current Liabilities	443.48	465.14	292.86	220.39	305.61
Long-Term Debt	67.75	-	-	-	-
Long-Term Leases	0.68	3.77	2.55	3.15	2.9
Long-Term Unearned Revenue	23.38	26.17	29.5	32.48	33.59
Long-Term Deferred Tax Liabilities	0.03	-	2.04	2.18	-
Total Liabilities	535.32	495.08	326.95	258.2	342.1
Common Stock	202.38	202.38	151.78	151.78	63.78
Additional Paid-In Capital	953.67	941.28	466.95	454.7	336.06
Retained Earnings	487.22	338.8	124.85	44.58	121.65
Shareholders' Equity	1,643	1,482	743.59	651.06	521.49
Total Liabilities & Equity	2,179	1,978	1,071	909.26	863.58
Total Debt	110.37	46.86	33.9	48.7	70.52
Net Cash (Debt)	551.9	703.72	248.02	216.47	237.38
Net Cash Growth	-21.57%	183.74%	14.57%	-8.81%	-
Net Cash Per Share	2.72	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	1,063	1,055	433.17	394.54	357.14
Book Value Per Share	8.12	7.33	4.90	4.35	-
Tangible Book Value	1,598	1,446	706.34	623.91	499.06
Tangible Book Value Per Share	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

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