SHA:688661 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	614.97	91.6	712.37	205.92	111.52
Trading Asset Securities	-	518.95	-	701.71	204.43
Cash & Short-Term Investments	614.97	610.55	712.37	907.63	315.96
Cash Growth	0.72%	-14.29%	-21.51%	187.26%	1053.25%
Accounts Receivable	231.03	198.49	121.77	83.91	114.13
Other Receivables	1.74	2	0.61	0.01	0.01
Receivables	232.77	200.49	122.38	83.92	114.14
Inventory	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	21.35	68.71	99.02	5.34	4.6
Total Current Assets	979.05	978.89	1,004	1,060	476.14
Property, Plant & Equipment	369.22	335.28	285.19	222.96	87.09
Long-Term Investments	20.16	26.12	16.3	0.34	-
Goodwill	0.73	0.73	6.33	-	-
Other Intangible Assets	33.89	30.21	29.29	19.32	8.25
Long-Term Accounts Receivable	-	-	-	0.57	-
Long-Term Deferred Tax Assets	21.43	17.58	9.01	0.26	0.87
Long-Term Deferred Charges	8.17	13.82	14.91	14.96	8.93
Other Long-Term Assets	43.25	5.43	13.08	21.55	114.15
Total Assets	1,476	1,408	1,378	1,340	695.43
Accounts Payable	155.8	133.5	74.19	40.69	54.18
Accrued Expenses	43.45	32.52	28	21.96	19.5
Short-Term Debt	30.02	12.01	29.78	-	-
Current Portion of Long-Term Debt	-	-	-	-	5
Current Portion of Leases	2.54	3.59	2.34	0.71	-
Current Income Taxes Payable	0.06	0	0.03	-	-
Current Unearned Revenue	0.7	0.46	0.15	0.45	0.14
Other Current Liabilities	1.93	2.7	2.39	0.76	0.18
Total Current Liabilities	234.49	184.78	136.89	64.58	79
Long-Term Debt	-	-	-	-	38
Long-Term Leases	0.06	2.42	3.57	0.43	-
Long-Term Unearned Revenue	13.38	11.8	13.33	12.58	-
Long-Term Deferred Tax Liabilities	-	-	-	4.75	7.27
Other Long-Term Liabilities	0.07	0.28	-	-	-
Total Liabilities	248.01	199.28	153.79	82.34	124.27
Common Stock	151.89	116.84	89.87	89.87	80
Additional Paid-In Capital	977.66	1,015	-	1,039	359.79
Retained Earnings	97.97	77.52	93.42	128.74	131.41
Comprehensive Income & Other	0.27	-0.64	1,041	-0.32	-0.04
Total Common Equity	1,228	1,209	1,225	1,258	571.16
Minority Interest	0.1	0.1	0.03	-	-
Shareholders' Equity	1,228	1,209	1,225	1,258	571.16
Total Liabilities & Equity	1,476	1,408	1,378	1,340	695.43
Total Debt	32.62	18.02	35.69	1.14	43
Net Cash (Debt)	582.35	592.53	676.68	906.49	272.96
Net Cash Growth	-1.72%	-12.44%	-25.35%	232.10%	896.30%
Net Cash Per Share	3.83	3.90	4.45	6.50	2.15
Filing Date Shares Outstanding	151.89	151.89	151.89	151.89	135.2
Total Common Shares Outstanding	151.89	151.89	151.89	151.89	135.2
Working Capital	744.55	794.11	867.37	995.53	397.14
Book Value Per Share	8.08	7.96	8.06	8.28	4.22
Tangible Book Value	1,193	1,178	1,189	1,238	562.91
Tangible Book Value Per Share	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.