SHA:688610 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	311.81	331.69	223.34	105.55	156.33
Short-Term Investments	337.65	-	-	-	-
Cash & Short-Term Investments	649.46	331.69	223.34	105.55	156.33
Cash Growth	95.80%	48.52%	111.58%	-32.48%	2456.07%
Accounts Receivable	290.32	173.76	180.71	117.8	79.22
Other Receivables	1.77	1.62	1.61	1.61	18.76
Receivables	292.1	175.38	182.32	119.41	97.98
Inventory	111.42	133.93	155.47	148.49	79.79
Other Current Assets	329.14	353.48	958.92	25.06	10.03
Total Current Assets	1,382	994.49	1,520	398.51	344.13
Property, Plant & Equipment	252.27	75.08	37.7	29.75	9.01
Long-Term Investments	114.29	428.77	-	-	-
Other Intangible Assets	21.03	21.68	22.27	22.71	0.22
Long-Term Deferred Tax Assets	9.31	7.08	4.61	2.41	1.37
Long-Term Deferred Charges	0.18	2.55	6.58	11.15	2.33
Other Long-Term Assets	-	-	0.04	7.46	0.59
Total Assets	1,779	1,530	1,591	472	357.64
Accounts Payable	19.35	10.57	37.18	30	23.05
Accrued Expenses	65.44	35.52	14.31	13.58	7.36
Short-Term Debt	40.03	-	20.21	22.35	45.05
Current Portion of Long-Term Debt	-	-	-	2.07	-
Current Portion of Leases	6.87	8.08	6.8	2.25	-
Current Income Taxes Payable	2.55	-	0.67	6.93	6.52
Current Unearned Revenue	0.2	0.16	0.12	0.03	0.04
Other Current Liabilities	121.39	10.64	6.13	7.26	1.03
Total Current Liabilities	255.83	64.97	85.41	84.47	83.05
Long-Term Debt	-	-	-	31.19	-
Long-Term Leases	1.26	8.15	1.73	11.06	1.46
Long-Term Unearned Revenue	3.15	2.96	5.18	-	0.5
Long-Term Deferred Tax Liabilities	-	-	-	-	0.03
Other Long-Term Liabilities	2.89	1.15	-	1.53	1.01
Total Liabilities	263.13	77.22	92.32	128.26	86.06
Common Stock	68	68	68	51	51
Additional Paid-In Capital	1,336	1,322	1,321	198.84	197.19
Retained Earnings	162.4	112.03	109.65	93.9	23.39
Treasury Stock	-50.57	-49.92	-	-	-
Shareholders' Equity	1,516	1,452	1,499	343.74	271.58
Total Liabilities & Equity	1,779	1,530	1,591	472	357.64
Total Debt	48.15	16.22	28.73	68.93	46.51
Net Cash (Debt)	601.31	315.47	194.61	36.63	109.82
Net Cash Growth	90.61%	62.11%	431.29%	-66.65%	-
Net Cash Per Share	9.02	4.61	3.34	0.72	2.22
Filing Date Shares Outstanding	66.56	68	67	51	49.52
Total Common Shares Outstanding	66.56	68	68	51	49.52
Working Capital	1,126	929.52	1,435	314.04	261.08
Book Value Per Share	22.78	21.36	22.04	6.74	5.48
Tangible Book Value	1,495	1,431	1,477	321.03	271.36
Tangible Book Value Per Share	22.46	21.04	21.72	6.29	5.48
Machinery	38.41	36.33	35.62	16.43	-
Construction In Progress	220.15	32.6	1.1	0.72	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.