SHA:688661 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	244.33	614.97	91.6	712.37	205.92	111.52
Trading Asset Securities	300.43	-	518.95	-	701.71	204.43
Cash & Short-Term Investments	544.77	614.97	610.55	712.37	907.63	315.96
Cash Growth	-7.37%	0.72%	-14.29%	-21.51%	187.26%	1053.25%
Accounts Receivable	224.2	231.03	198.49	121.77	83.91	114.13
Other Receivables	1.46	1.74	2	0.61	0.01	0.01
Receivables	225.66	232.77	200.49	122.38	83.92	114.14
Inventory	121.61	104.92	98.82	70.23	60.05	39.25
Prepaid Expenses	-	5.03	0.32	0.27	3.17	2.19
Other Current Assets	33.02	21.35	68.71	99.02	5.34	4.6
Total Current Assets	925.05	979.05	978.89	1,004	1,060	476.14
Property, Plant & Equipment	394.34	369.22	335.28	285.19	222.96	87.09
Long-Term Investments	20.09	20.16	26.12	16.3	0.34	-
Goodwill	0.73	0.73	0.73	6.33	-	-
Other Intangible Assets	45.92	33.89	30.21	29.29	19.32	8.25
Long-Term Accounts Receivable	-	-	-	-	0.57	-
Long-Term Deferred Tax Assets	26.22	21.43	17.58	9.01	0.26	0.87
Long-Term Deferred Charges	7.65	8.17	13.82	14.91	14.96	8.93
Other Long-Term Assets	15.7	43.25	5.43	13.08	21.55	114.15
Total Assets	1,436	1,476	1,408	1,378	1,340	695.43
Accounts Payable	151.38	155.8	133.5	74.19	40.69	54.18
Accrued Expenses	16.2	43.45	32.52	28	21.96	19.5
Short-Term Debt	30.02	30.02	12.01	29.78	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	5
Current Portion of Leases	1.87	2.54	3.59	2.34	0.71	-
Current Income Taxes Payable	2.29	0.06	0	0.03	-	-
Current Unearned Revenue	0.99	0.7	0.46	0.15	0.45	0.14
Other Current Liabilities	5.04	1.93	2.7	2.39	0.76	0.18
Total Current Liabilities	207.79	234.49	184.78	136.89	64.58	79
Long-Term Debt	-	-	-	-	-	38
Long-Term Leases	0.1	0.06	2.42	3.57	0.43	-
Long-Term Unearned Revenue	12.74	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	220.7	248.01	199.28	153.79	82.34	124.27
Common Stock	151.89	151.89	116.84	89.87	89.87	80
Additional Paid-In Capital	977.66	977.66	1,015	-	1,039	359.79
Retained Earnings	85.14	97.97	77.52	93.42	128.74	131.41
Comprehensive Income & Other	0.19	0.27	-0.64	1,041	-0.32	-0.04
Total Common Equity	1,215	1,228	1,209	1,225	1,258	571.16
Minority Interest	0.11	0.1	0.1	0.03	-	-
Shareholders' Equity	1,215	1,228	1,209	1,225	1,258	571.16
Total Liabilities & Equity	1,436	1,476	1,408	1,378	1,340	695.43
Total Debt	31.99	32.62	18.02	35.69	1.14	43
Net Cash (Debt)	512.78	582.35	592.53	676.68	906.49	272.96
Net Cash Growth	-12.03%	-1.72%	-12.44%	-25.35%	232.10%	896.30%
Net Cash Per Share	3.38	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	717.26	744.55	794.11	867.37	995.53	397.14
Book Value Per Share	8.00	8.08	7.96	8.06	8.28	4.22
Tangible Book Value	1,168	1,193	1,178	1,189	1,238	562.91
Tangible Book Value Per Share	7.69	7.86	7.75	7.83	8.15	4.16
Buildings	-	86.77	79.47	79.47	79.47	27.15
Machinery	-	408.32	341.92	246.5	173.15	69.97
Construction In Progress	-	19.42	10.43	19.07	6.98	13.17

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