SHA:688663 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	1,140	861.05	691.94	414.83	298.08
Short-Term Investments	-	-	81.24	130	130
Trading Asset Securities	-	-	-	146.11	172.74
Cash & Short-Term Investments	1,140	861.05	773.18	690.94	600.81
Cash Growth	32.39%	11.37%	11.90%	15.00%	201.81%
Accounts Receivable	1,417	1,277	1,109	1,027	750.74
Other Receivables	19.55	44.04	41.59	37.95	17.01
Receivables	1,437	1,321	1,151	1,065	767.75
Inventory	850.79	469.44	474.39	377.99	235.18
Other Current Assets	15.65	79.59	102.75	98.91	40.57
Total Current Assets	3,443	2,731	2,501	2,233	1,644
Property, Plant & Equipment	241.83	228.87	187.86	133.73	122.16
Other Intangible Assets	32.14	32.22	32.22	33.93	27.97
Long-Term Deferred Tax Assets	28.43	21.02	16.07	12.51	7.71
Long-Term Deferred Charges	1.79	0.66	1.47	1.86	-
Other Long-Term Assets	0.55	0.9	16.26	5.03	3.19
Total Assets	3,748	3,015	2,755	2,420	1,805
Accounts Payable	1,599	1,161	974.31	829.65	428.56
Accrued Expenses	76.89	117.06	127.56	66.77	33.17
Short-Term Debt	-	-	1.66	9.01	-
Current Portion of Leases	7.06	1.58	-	-	-
Current Income Taxes Payable	24.22	9.62	8.3	9.02	5.77
Current Unearned Revenue	371.99	113.84	139.61	105.28	81.27
Other Current Liabilities	191.84	207.34	210.27	248.56	185.83
Total Current Liabilities	2,271	1,610	1,462	1,268	734.61
Long-Term Leases	10.16	1.64	-	-	-
Long-Term Unearned Revenue	4.42	5.74	5.51	6.88	6.12
Long-Term Deferred Tax Liabilities	0.11	-	-	-	-
Other Long-Term Liabilities	2.35	-	-	-	-
Total Liabilities	2,288	1,617	1,467	1,275	740.73
Common Stock	141.38	139.95	139.95	139.95	139.95
Additional Paid-In Capital	612.34	587.38	585.27	570.17	562.89
Retained Earnings	662.74	648.49	544.12	434.48	361.77
Treasury Stock	-45	-	-	-	-
Comprehensive Income & Other	8.19	5.76	3.63	-	-
Total Common Equity	1,380	1,382	1,273	1,145	1,065
Minority Interest	80.02	16.07	14.82	0.24	-
Shareholders' Equity	1,460	1,398	1,288	1,145	1,065
Total Liabilities & Equity	3,748	3,015	2,755	2,420	1,805
Total Debt	17.22	3.22	1.66	9.01	-
Net Cash (Debt)	1,123	857.83	771.52	681.93	600.81
Net Cash Growth	30.88%	11.19%	13.14%	13.50%	235.56%
Net Cash Per Share	8.12	6.15	5.50	4.82	4.66
Filing Date Shares Outstanding	137.97	139.95	139.95	139.95	139.95
Total Common Shares Outstanding	137.97	139.95	139.95	139.95	139.95
Working Capital	1,172	1,121	1,039	964.67	909.71
Book Value Per Share	10.00	9.87	9.10	8.18	7.61
Tangible Book Value	1,348	1,349	1,241	1,111	1,037
Tangible Book Value Per Share	9.77	9.64	8.87	7.94	7.41
Buildings	-	214.76	140.89	125.92	122.88
Machinery	-	104.4	73.7	70.71	59.83
Construction In Progress	-	5.04	59.28	11.78	3.99

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