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	Sep '26 Sep 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	519.67	614.97	91.6	712.37	205.92	111.52
Trading Asset Securities	-	-	518.95	-	701.71	204.43
Cash & Short-Term Investments	519.67	614.97	610.55	712.37	907.63	315.96
Cash Growth	-20.60%	0.72%	-14.29%	-21.51%	187.26%	1053.25%
Accounts Receivable	264.33	231.03	198.49	121.77	83.91	114.13
Other Receivables	1.36	1.74	2	0.61	0.01	0.01
Receivables	265.69	232.77	200.49	122.38	83.92	114.14
Inventory	137.42	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	41.43	21.35	68.71	99.02	5.34	4.6
Total Current Assets	964.21	979.05	978.89	1,004	1,060	476.14
Property, Plant & Equipment	422.31	369.22	335.28	285.19	222.96	87.09
Long-Term Investments	23.97	20.16	26.12	16.3	0.34	-
Goodwill	0.73	0.73	0.73	6.33	-	-
Other Intangible Assets	45.19	33.89	30.21	29.29	19.32	8.25
Long-Term Accounts Receivable	-	-	-	-	0.57	-
Long-Term Deferred Tax Assets	30.67	21.43	17.58	9.01	0.26	0.87
Long-Term Deferred Charges	9.33	8.17	13.82	14.91	14.96	8.93
Other Long-Term Assets	59.66	43.25	5.43	13.08	21.55	114.15
Total Assets	1,556	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	Sep '26 Sep 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	207.81	155.8	133.5	74.19	40.69	54.18
Accrued Expenses	24.84	43.45	32.52	28	21.96	19.5
Short-Term Debt	74.59	30.02	12.01	29.78	-	-
Current Portion of Long-Term Debt	1.49	-	-	-	-	5
Current Portion of Leases	-	2.54	3.59	2.34	0.71	-
Current Income Taxes Payable	3.06	0.06	0	0.03	-	-
Current Unearned Revenue	1.22	0.72	0.47	0.15	0.45	0.14
Other Current Liabilities	14.46	1.92	2.69	2.39	0.76	0.18
Total Current Liabilities	327.46	234.49	184.78	136.89	64.58	79
Long-Term Debt	7.22	-	-	-	-	38
Long-Term Leases	1.24	0.06	2.42	3.57	0.43	-
Long-Term Unearned Revenue	11.47	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	347.46	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	Sep '26 Sep 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	78.73	97.97	77.52	93.42	128.74	131.41
Comprehensive Income & Other	-0.08	0.27	-0.64	1,041	-0.32	-0.04
Total Common Equity	1,208	1,228	1,209	1,225	1,258	571.16
Minority Interest	0.26	0.1	0.1	0.03	-	-
Shareholders' Equity	1,209	1,228	1,209	1,225	1,258	571.16
Total Liabilities & Equity	1,556	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	Sep '26 Sep 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	84.53	32.62	18.02	35.69	1.14	43
Net Cash (Debt)	435.13	582.35	592.53	676.68	906.49	272.96
Net Cash Growth	-31.47%	-1.72%	-12.44%	-25.35%	232.10%	896.30%
Net Cash Per Share	2.86	3.83	3.90	4.45	6.50	2.15
Filing Date Shares Outstanding	152.48	151.89	151.89	151.89	151.89	135.2
Total Common Shares Outstanding	152.48	151.89	151.89	151.89	151.89	135.2
Working Capital	636.74	744.55	794.11	867.37	995.53	397.14
Book Value Per Share	7.92	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	7.62	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