SHA:688638 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	-	381.8	240.55	188.91	234.56
Short-Term Investments	-	130.98	312.1	-	-
Trading Asset Securities	-	170.05	170.31	-	-
Cash & Short-Term Investments	758.14	682.83	722.96	188.91	234.56
Cash Growth	11.03%	-5.55%	282.70%	-19.46%	200.31%
Accounts Receivable	-	489.65	496.52	415.78	204.92
Other Receivables	-	5.42	9.1	6.58	47.28
Receivables	-	495.07	505.62	422.36	252.2
Inventory	-	534.69	609.08	1,093	564.97
Prepaid Expenses	-	-	-	-	0.54
Other Current Assets	-	29.7	14.16	17.78	20.91
Total Current Assets	-	1,742	1,852	1,722	1,073
Property, Plant & Equipment	-	252.89	151.31	26.35	26.43
Goodwill	-	73.94	-	-	-
Other Intangible Assets	-	50.81	38.17	37.62	0.29
Long-Term Deferred Tax Assets	-	37.22	11.32	9.59	5.41
Long-Term Deferred Charges	-	3.45	1.68	1.8	1.21
Other Long-Term Assets	-	1.02	-	0.04	0.63
Total Assets	-	2,162	2,054	1,798	1,107
Accounts Payable	-	416.31	422.37	767.68	382.2
Accrued Expenses	-	27.96	32.01	32.66	15.22
Short-Term Debt	-	291.76	113.12	11.36	28.11
Current Portion of Long-Term Debt	-	14.91	-	-	-
Current Portion of Leases	-	9.43	8.21	12.19	9.88
Current Income Taxes Payable	-	4.02	5.57	6.15	5.75
Current Unearned Revenue	-	282.27	321.48	624.89	385.96
Other Current Liabilities	-	67.89	23.49	31.15	44.43
Total Current Liabilities	-	1,115	926.25	1,486	871.55
Long-Term Leases	-	15.41	6.48	5.65	13.74
Long-Term Unearned Revenue	-	2	2	1	-
Long-Term Deferred Tax Liabilities	-	7.18	2.62	3.28	-
Total Liabilities	-	1,139	937.35	1,496	885.29
Common Stock	-	56	40	30	30
Additional Paid-In Capital	-	903.49	913.16	163.21	158.06
Retained Earnings	-	32.13	165.72	109.58	33.97
Treasury Stock	-	-13.72	-	-	-
Comprehensive Income & Other	-	-6.85	-	-	-
Total Common Equity	854.3	971.05	1,119	302.78	222.03
Minority Interest	-	51.44	-1.93	-1.17	-0.18
Shareholders' Equity	902.22	1,022	1,117	301.62	221.85
Total Liabilities & Equity	-	2,162	2,054	1,798	1,107
Total Debt	407.43	331.52	127.81	29.2	51.73
Net Cash (Debt)	350.71	351.31	595.14	159.71	182.84
Net Cash Growth	-0.17%	-40.97%	272.63%	-12.65%	134.09%
Net Cash Per Share	6.34	6.29	17.39	3.80	4.43
Filing Date Shares Outstanding	54.94	55.5	56	42	42
Total Common Shares Outstanding	54.95	55.5	56	42	42
Working Capital	-	627.75	925.56	236.15	201.63
Book Value Per Share	15.55	17.50	19.98	7.21	5.29
Tangible Book Value	730.72	846.3	1,081	265.17	221.74
Tangible Book Value Per Share	13.30	15.25	19.30	6.31	5.28
Buildings	-	205.4	-	-	-
Machinery	-	41.27	16.11	10.96	7.12
Construction In Progress	-	1.25	128.41	3.5	-
Order Backlog	-	-	-	-	1,192

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