SHA:688628 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	-	222.89	340.93	40.79	191.36
Short-Term Investments	-	-	-	-	61.08
Trading Asset Securities	-	100.02	15.07	377.3	183.12
Cash & Short-Term Investments	173.13	322.91	356	418.09	435.56
Cash Growth	-46.39%	-9.29%	-14.85%	-4.01%	133.55%
Accounts Receivable	-	141.4	97.46	95.14	66.44
Other Receivables	-	5.78	1.62	2.99	5.09
Receivables	-	147.18	99.08	98.13	71.52
Inventory	-	370.29	291.15	238.71	311.9
Prepaid Expenses	-	0.35	0.19	0.35	0.18
Other Current Assets	-	36.08	17.89	30.68	23.02
Total Current Assets	-	876.82	764.3	785.97	842.18
Property, Plant & Equipment	-	592.94	460.03	382.16	363.39
Long-Term Investments	-	173.73	160	2.66	3.74
Other Intangible Assets	-	37.97	38.3	39.71	21.78
Long-Term Deferred Tax Assets	-	7.74	9.11	6.49	3.41
Long-Term Deferred Charges	-	2.2	0.5	-	-
Other Long-Term Assets	-	13.63	8.51	0.66	6.11
Total Assets	-	1,705	1,441	1,218	1,241
Accounts Payable	-	198.58	122.33	81.86	126.49
Accrued Expenses	-	30.09	22.69	21.02	19.98
Short-Term Debt	-	19.62	11.45	8.35	-
Current Portion of Long-Term Debt	-	5.79	0.26	0.26	0.24
Current Portion of Leases	-	7.38	0.98	0.26	0.56
Current Income Taxes Payable	-	2.98	0.92	-	0.67
Current Unearned Revenue	-	47.17	31.2	27.44	87.2
Other Current Liabilities	-	55.48	20.75	13.16	51.42
Total Current Liabilities	-	367.07	210.6	152.35	286.56
Long-Term Debt	-	79.2	37.63	3.61	3.55
Long-Term Leases	-	25.38	1.46	-	0.14
Long-Term Unearned Revenue	-	0.47	0.31	0.65	1
Long-Term Deferred Tax Liabilities	-	-	1.54	1.96	-
Total Liabilities	-	472.12	251.54	158.57	291.25
Common Stock	-	111.28	110.84	110.42	110
Additional Paid-In Capital	-	608.03	593.58	577.84	557.36
Retained Earnings	-	537.63	487.17	367.7	283.42
Treasury Stock	-	-26.08	-4.59	-	-
Comprehensive Income & Other	-	4.25	3.33	2.72	-1.06
Total Common Equity	1,276	1,235	1,190	1,059	949.73
Minority Interest	-	-2.19	-1.1	0.4	-0.37
Shareholders' Equity	1,275	1,233	1,189	1,059	949.36
Total Liabilities & Equity	-	1,705	1,441	1,218	1,241
Total Debt	100.49	137.36	51.79	12.48	4.49
Net Cash (Debt)	72.64	185.55	304.21	405.61	431.07
Net Cash Growth	-60.85%	-39.01%	-25.00%	-5.91%	136.39%
Net Cash Per Share	0.65	1.68	2.75	3.66	4.00
Filing Date Shares Outstanding	111.77	110.54	110.55	110.42	110
Total Common Shares Outstanding	111.77	110.54	110.55	110.42	110
Working Capital	-	509.75	553.7	633.62	555.62
Book Value Per Share	11.41	11.17	10.77	9.59	8.63
Tangible Book Value	1,239	1,197	1,152	1,019	927.95
Tangible Book Value Per Share	11.08	10.83	10.42	9.23	8.44
Buildings	-	428.93	373.89	356.88	166.93
Machinery	-	175.16	151.52	145.75	98.15
Construction In Progress	-	145.76	87.42	4.05	195.9

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