SHA:688627 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	704.1	508.78	740.63	216.31	409.93
Short-Term Investments	32.54	164.35	161.82	-	-
Trading Asset Securities	250.39	70.1	300.57	-	-
Cash & Short-Term Investments	987.03	743.23	1,203	216.31	409.93
Cash Growth	32.80%	-38.22%	456.16%	-47.23%	23.67%
Accounts Receivable	592.71	468.64	289.8	235.47	84.22
Other Receivables	5.44	4.67	5.34	4.52	3.82
Receivables	598.15	473.31	295.13	239.99	88.04
Inventory	210.02	142.85	237.58	259.55	200.62
Other Current Assets	44.32	28.77	25.07	13.4	15.59
Total Current Assets	1,840	1,388	1,761	729.25	714.19
Property, Plant & Equipment	128.81	47.2	33.33	27.7	18.69
Long-Term Investments	233.14	559.52	181.93	189.75	55.08
Other Intangible Assets	3.95	3.48	3.06	2.17	0.57
Long-Term Deferred Tax Assets	34.24	20.8	9.46	7.77	5.54
Long-Term Deferred Charges	50.33	4.67	3.78	5.1	2.85
Other Long-Term Assets	55.45	6.52	4.13	0.95	5.06
Total Assets	2,345	2,030	1,996	962.69	801.98
Accounts Payable	392.7	239.04	201.76	233.94	127.27
Accrued Expenses	50.62	42.47	29.3	22.12	19.47
Short-Term Debt	5.02	-	-	-	9.51
Current Portion of Leases	13.05	8.45	4.68	4.54	5.11
Current Income Taxes Payable	8.81	1.61	14.02	6.31	9.57
Current Unearned Revenue	11.32	0.47	12.94	73.26	83.32
Other Current Liabilities	74.03	1.09	1.76	3.49	2.5
Total Current Liabilities	555.55	293.13	264.47	343.66	256.76
Long-Term Leases	30.59	8.4	5.45	3.79	4.68
Long-Term Unearned Revenue	5.78	2.49	3.75	6.33	3.15
Long-Term Deferred Tax Liabilities	-	3.01	1.83	0.73	-
Total Liabilities	591.92	307.03	275.5	354.5	264.6
Common Stock	94.01	94.01	94.01	70.51	70.51
Additional Paid-In Capital	1,367	1,377	1,375	398.13	392.7
Retained Earnings	329.61	294.07	248.88	133.2	67.03
Treasury Stock	-68.23	-44.77	-	-	-
Comprehensive Income & Other	0.9	1.42	1.14	0.88	-0.32
Total Common Equity	1,723	1,722	1,719	602.71	529.92
Minority Interest	30.38	1.35	1.76	5.47	7.47
Shareholders' Equity	1,754	1,723	1,721	608.18	537.38
Total Liabilities & Equity	2,345	2,030	1,996	962.69	801.98
Total Debt	48.66	16.85	10.13	8.33	19.3
Net Cash (Debt)	938.37	726.38	1,193	207.98	390.63
Net Cash Growth	29.18%	-39.11%	473.57%	-46.76%	22.67%
Net Cash Per Share	10.06	7.76	14.85	2.96	5.68
Filing Date Shares Outstanding	93.8	92.52	94.01	70.51	70.51
Total Common Shares Outstanding	93.8	93.01	94.01	70.51	70.51
Working Capital	1,284	1,095	1,496	385.59	457.43
Book Value Per Share	18.37	18.51	18.29	8.55	7.52
Tangible Book Value	1,719	1,718	1,716	600.54	529.34
Tangible Book Value Per Share	18.33	18.48	18.25	8.52	7.51
Machinery	68.41	43.7	37.98	22.32	16.52
Construction In Progress	42.85	5.97	-	7.46	-

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