SHA:688639 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	-	422.64	352.98	147.46	121.79
Trading Asset Securities	-	-	-	200.31	341.06
Cash & Short-Term Investments	492.95	422.64	352.98	347.78	462.85
Cash Growth	16.64%	19.73%	1.50%	-24.86%	644.14%
Accounts Receivable	-	374.28	318.43	326.39	222.79
Other Receivables	-	16.83	10.47	13.56	12.03
Receivables	-	391.11	328.89	339.95	234.82
Inventory	-	406.92	226.46	135.51	106.21
Other Current Assets	-	131.08	141.7	39.81	48.62
Total Current Assets	-	1,352	1,050	863.06	852.5
Property, Plant & Equipment	-	3,213	2,620	951.83	528.43
Long-Term Investments	-	123.45	112.4	40	7
Other Intangible Assets	-	137.73	86.28	73.17	43.98
Long-Term Deferred Tax Assets	-	86.54	49.39	40.48	14.39
Long-Term Deferred Charges	-	5.79	-	-	-
Other Long-Term Assets	-	71.17	51.9	58.54	27.8
Total Assets	-	4,989	3,970	2,027	1,474
Accounts Payable	-	564.03	589.01	221.64	99.87
Accrued Expenses	-	44	36.87	35.06	17.95
Short-Term Debt	-	681.98	915.12	79.23	18.5
Current Portion of Long-Term Debt	-	225.75	26.6	-	-
Current Income Taxes Payable	-	4.92	25.5	5.32	6.67
Current Unearned Revenue	-	17.4	12.77	19.61	17.57
Other Current Liabilities	-	65.45	70.61	27.9	22.34
Total Current Liabilities	-	1,604	1,676	388.75	182.89
Long-Term Debt	-	637.81	304.93	-	-
Long-Term Unearned Revenue	-	87.62	91.53	102.63	86.23
Long-Term Deferred Tax Liabilities	-	102.07	71.64	54.05	21.85
Total Liabilities	-	2,431	2,145	545.44	290.98
Common Stock	-	249.72	157.54	108.4	108.4
Additional Paid-In Capital	-	1,209	603.46	624.47	588.04
Retained Earnings	-	1,158	1,110	758.99	498.69
Treasury Stock	-	-53.61	-45.24	-12	-12
Comprehensive Income & Other	-	0.96	0.72	0.64	-
Total Common Equity	2,682	2,565	1,827	1,480	1,183
Minority Interest	-	-6.27	-1.31	1.15	-
Shareholders' Equity	2,668	2,558	1,826	1,482	1,183
Total Liabilities & Equity	-	4,989	3,970	2,027	1,474
Total Debt	2,092	1,546	1,247	79.23	18.5
Net Cash (Debt)	-1,599	-1,123	-893.67	268.55	444.35
Net Cash Growth	-	-	-	-39.56%	6128.38%
Net Cash Per Share	-6.36	-4.86	-3.90	1.18	2.14
Filing Date Shares Outstanding	255.73	235.72	227.71	227.91	227.91
Total Common Shares Outstanding	255.73	235.72	227.71	227.91	227.91
Working Capital	-	-251.78	-626.43	474.3	669.61
Book Value Per Share	10.69	10.88	8.02	6.50	5.19
Tangible Book Value	2,531	2,427	1,741	1,407	1,139
Tangible Book Value Per Share	10.08	10.30	7.64	6.17	5.00
Buildings	-	755.99	462.42	290.67	200.66
Machinery	-	1,307	952.21	703.78	439.11
Construction In Progress	-	1,606	1,529	188.91	65.33

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