SHA:688636 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	-	57.99	107.25	117.64	169.36
Trading Asset Securities	-	-	-	-	90
Cash & Short-Term Investments	11.49	57.99	107.25	117.64	259.36
Cash Growth	-80.19%	-45.93%	-8.84%	-54.64%	222.99%
Accounts Receivable	-	834.2	822.84	640.5	428.68
Other Receivables	-	0.91	7.42	1.79	1.52
Receivables	-	835.1	830.26	642.29	430.2
Inventory	-	229.25	223.97	335.04	238.48
Other Current Assets	-	2.87	2.78	27.08	8.13
Total Current Assets	-	1,125	1,164	1,122	936.17
Property, Plant & Equipment	-	288.39	180.12	197.07	168.43
Long-Term Investments	-	86.6	92.82	163.57	174.51
Other Intangible Assets	-	7.3	5.45	5.56	4.81
Long-Term Deferred Tax Assets	-	21.24	17.34	16.01	12.53
Long-Term Deferred Charges	-	0.06	1.03	2.03	2.89
Other Long-Term Assets	-	0.07	72.62	1.2	0.91
Total Assets	-	1,529	1,534	1,507	1,300
Accounts Payable	-	262.86	226.74	295.46	232.39
Accrued Expenses	-	30.62	34.46	29.33	27.91
Short-Term Debt	-	45	43.73	47.54	-
Current Portion of Long-Term Debt	-	36	6	-	1
Current Portion of Leases	-	0.08	2.08	2.79	2.12
Current Income Taxes Payable	-	-	2.13	-	3.69
Current Unearned Revenue	-	13.6	9.34	0.26	0.39
Other Current Liabilities	-	3.46	6.98	118.3	125.23
Total Current Liabilities	-	391.63	331.47	493.69	392.72
Long-Term Debt	-	8	89	10	-
Long-Term Leases	-	-	0.77	1.56	1.28
Long-Term Unearned Revenue	-	3.7	4.53	1.81	1.68
Long-Term Deferred Tax Liabilities	-	1.58	2.45	2.94	-
Other Long-Term Liabilities	-	19.42	19.06	15.18	17.97
Total Liabilities	-	424.33	447.28	525.19	413.65
Common Stock	-	112.56	75.24	50.5	50.34
Additional Paid-In Capital	-	510.7	536.39	553.06	529.47
Retained Earnings	-	464.99	461.3	365.03	302.37
Treasury Stock	-	-0.93	-4.43	-4.43	-11.58
Comprehensive Income & Other	-	17.21	17.85	18.15	16
Shareholders' Equity	1,171	1,105	1,086	982.3	886.6
Total Liabilities & Equity	-	1,529	1,534	1,507	1,300
Total Debt	121.63	89.08	141.58	61.9	4.4
Net Cash (Debt)	-110.14	-31.09	-34.33	55.75	254.96
Net Cash Growth	-	-	-	-78.14%	1751.27%
Net Cash Per Share	-0.66	-0.19	-0.21	0.34	1.68
Filing Date Shares Outstanding	173.91	167.72	167.05	167.05	166.51
Total Common Shares Outstanding	173.91	167.72	167.05	167.05	166.51
Working Capital	-	733.58	832.79	628.36	543.45
Book Value Per Share	6.99	6.59	6.50	5.88	5.32
Tangible Book Value	1,165	1,097	1,081	976.74	881.79
Tangible Book Value Per Share	6.95	6.54	6.47	5.85	5.30
Buildings	-	292.31	163.82	163.28	10.13
Machinery	-	64.67	63.77	63.5	51.98
Construction In Progress	-	-	0.01	0.38	128.6
Order Backlog	-	433	-	-	-

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