SHA:688646 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	-	295.77	367.63	120.94	198.77
Short-Term Investments	-	184.08	-	-	-
Trading Asset Securities	-	420.68	615.27	272.72	100.18
Cash & Short-Term Investments	829.55	900.52	982.9	393.66	298.95
Cash Growth	-7.88%	-8.38%	149.68%	31.68%	157.82%
Accounts Receivable	-	541.43	412.27	279.46	225.83
Other Receivables	-	3.87	3.32	5.56	3.18
Receivables	-	545.3	415.59	285.02	229.01
Inventory	-	583.42	403.68	424.53	236.05
Other Current Assets	-	77.21	41.56	76.83	63.4
Total Current Assets	-	2,106	1,844	1,180	827.41
Property, Plant & Equipment	-	323.43	163.66	99.39	87.57
Long-Term Investments	-	261.45	391.27	-	-
Goodwill	-	27.35	-	-	-
Other Intangible Assets	-	50.89	47.4	48.12	32.64
Long-Term Deferred Tax Assets	-	37.64	17.29	16.64	17.33
Long-Term Deferred Charges	-	5.91	-	-	-
Other Long-Term Assets	-	9.51	12.57	4.86	1.01
Total Assets	-	2,823	2,476	1,349	965.96
Accounts Payable	-	379.07	264.16	264.6	134.12
Accrued Expenses	-	26.09	20.81	27.79	25.98
Short-Term Debt	-	408.41	279.07	88.07	72.03
Current Portion of Long-Term Debt	-	-	-	2.04	-
Current Portion of Leases	-	2.41	0.08	-	-
Current Income Taxes Payable	-	2.96	0.01	2	0.28
Current Unearned Revenue	-	306.23	185.02	263.21	174.95
Other Current Liabilities	-	83.33	48.37	69.88	70.75
Total Current Liabilities	-	1,209	797.54	717.6	478.12
Long-Term Debt	-	-	-	47	-
Long-Term Leases	-	13.79	0.11	-	-
Long-Term Unearned Revenue	-	17.92	12.78	13.79	14
Long-Term Deferred Tax Liabilities	-	0.74	-	0.43	0.03
Other Long-Term Liabilities	-	-	-	0.42	0.41
Total Liabilities	-	1,241	810.43	779.23	492.56
Common Stock	-	95.16	95.16	71.37	71.37
Additional Paid-In Capital	-	1,368	1,366	395.07	392.56
Retained Earnings	-	185.56	204.48	103.36	9.47
Treasury Stock	-	-83.09	-	-	-
Total Common Equity	1,483	1,566	1,665	569.81	473.4
Minority Interest	-	15.72	-0	-	-
Shareholders' Equity	1,503	1,582	1,665	569.81	473.4
Total Liabilities & Equity	-	2,823	2,476	1,349	965.96
Total Debt	363.61	424.62	279.26	137.11	72.03
Net Cash (Debt)	465.94	475.9	703.63	256.55	226.92
Net Cash Growth	-2.09%	-32.37%	174.27%	13.06%	150.13%
Net Cash Per Share	5.14	5.09	8.63	3.61	3.65
Filing Date Shares Outstanding	97.77	92.01	95.16	71.37	71.37
Total Common Shares Outstanding	89.75	92.01	95.16	71.37	71.37
Working Capital	-	897.94	1,046	462.44	349.29
Book Value Per Share	16.53	17.02	17.50	7.98	6.63
Tangible Book Value	1,405	1,488	1,618	521.69	440.76
Tangible Book Value Per Share	15.66	16.17	17.00	7.31	6.18
Buildings	-	171.33	99.91	92.38	53.09
Machinery	-	63.84	24.51	15.59	9.02
Construction In Progress	-	97.56	51.84	0.35	30.61

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