SHA:688661 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	527.1	614.97	91.6	712.37	205.92	111.52
Trading Asset Securities	-	-	518.95	-	701.71	204.43
Cash & Short-Term Investments	527.1	614.97	610.55	712.37	907.63	315.96
Cash Growth	-12.69%	0.72%	-14.29%	-21.51%	187.26%	1053.25%
Accounts Receivable	260.33	231.03	198.49	121.77	83.91	114.13
Other Receivables	30.87	1.74	2	0.61	0.01	0.01
Receivables	291.2	232.77	200.49	122.38	83.92	114.14
Inventory	128.07	104.92	98.82	70.23	60.05	39.25
Prepaid Expenses	0.54	5.03	0.32	0.27	3.17	2.19
Other Current Assets	33.17	21.35	68.71	99.02	5.34	4.6
Total Current Assets	980.08	979.05	978.89	1,004	1,060	476.14
Property, Plant & Equipment	406.97	369.22	335.28	285.19	222.96	87.09
Long-Term Investments	20.12	20.16	26.12	16.3	0.34	-
Goodwill	0.73	0.73	0.73	6.33	-	-
Other Intangible Assets	45.84	33.89	30.21	29.29	19.32	8.25
Long-Term Accounts Receivable	-	-	-	-	0.57	-
Long-Term Deferred Tax Assets	27.81	21.43	17.58	9.01	0.26	0.87
Long-Term Deferred Charges	10.3	8.17	13.82	14.91	14.96	8.93
Other Long-Term Assets	20.51	43.25	5.43	13.08	21.55	114.15
Total Assets	1,512	1,476	1,408	1,378	1,340	695.43

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	194.72	155.8	133.5	74.19	40.69	54.18
Accrued Expenses	37.47	43.45	32.52	28	21.96	19.5
Short-Term Debt	45.03	30.02	12.01	29.78	-	-
Current Portion of Long-Term Debt	0	-	-	-	-	5
Current Portion of Leases	1.64	2.54	3.59	2.34	0.71	-
Current Income Taxes Payable	0.02	0.06	0	0.03	-	-
Current Unearned Revenue	1.16	0.7	0.46	0.15	0.45	0.14
Other Current Liabilities	4.84	1.93	2.7	2.39	0.76	0.18
Total Current Liabilities	284.88	234.49	184.78	136.89	64.58	79
Long-Term Debt	5.59	-	-	-	-	38
Long-Term Leases	0.75	0.06	2.42	3.57	0.43	-
Long-Term Unearned Revenue	12.1	13.38	11.8	13.33	12.58	-
Long-Term Deferred Tax Liabilities	-	-	-	-	4.75	7.27
Other Long-Term Liabilities	0.07	0.07	0.28	-	-	-
Total Liabilities	303.4	248.01	199.28	153.79	82.34	124.27

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	151.89	151.89	116.84	89.87	89.87	80
Additional Paid-In Capital	977.79	977.66	1,015	-	1,039	359.79
Retained Earnings	79.06	97.97	77.52	93.42	128.74	131.41
Comprehensive Income & Other	0.03	0.27	-0.64	1,041	-0.32	-0.04
Total Common Equity	1,209	1,228	1,209	1,225	1,258	571.16
Minority Interest	0.18	0.1	0.1	0.03	-	-
Shareholders' Equity	1,209	1,228	1,209	1,225	1,258	571.16
Total Liabilities & Equity	1,512	1,476	1,408	1,378	1,340	695.43

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	53.01	32.62	18.02	35.69	1.14	43
Net Cash (Debt)	474.09	582.35	592.53	676.68	906.49	272.96
Net Cash Growth	-20.84%	-1.72%	-12.44%	-25.35%	232.10%	896.30%
Net Cash Per Share	3.12	3.83	3.90	4.45	6.50	2.15
Filing Date Shares Outstanding	151.89	151.89	151.89	151.89	151.89	135.2
Total Common Shares Outstanding	151.89	151.89	151.89	151.89	151.89	135.2
Working Capital	695.2	744.55	794.11	867.37	995.53	397.14
Book Value Per Share	7.96	8.08	7.96	8.06	8.28	4.22
Tangible Book Value	1,162	1,193	1,178	1,189	1,238	562.91
Tangible Book Value Per Share	7.65	7.86	7.75	7.83	8.15	4.16
Buildings	86.77	86.77	79.47	79.47	79.47	27.15
Machinery	463.28	408.32	341.92	246.5	173.15	69.97
Construction In Progress	29.03	19.42	10.43	19.07	6.98	13.17