SHA:688668 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	-	62.71	216.41	754.79	41.53
Short-Term Investments	-	350.49	370.26	-	50
Trading Asset Securities	-	56.04	54.02	189.15	137.75
Cash & Short-Term Investments	94.45	469.24	640.69	943.93	229.28
Cash Growth	-79.87%	-26.76%	-32.13%	311.69%	-40.91%
Accounts Receivable	-	412.95	293.73	301.3	228.62
Other Receivables	-	3.95	-	2.43	0.21
Receivables	-	416.9	293.73	303.74	228.82
Inventory	-	334.33	268.08	229.37	177.67
Other Current Assets	-	33.84	15.55	9.01	8.2
Total Current Assets	-	1,254	1,218	1,486	643.97
Property, Plant & Equipment	-	753.95	578.56	432.31	304.67
Other Intangible Assets	-	132.69	74.22	73.6	44.79
Long-Term Deferred Tax Assets	-	8.16	7.52	4.03	3.11
Long-Term Deferred Charges	-	7.85	8.51	3.14	0.79
Other Long-Term Assets	-	19.41	63.27	17.8	12.67
Total Assets	-	2,176	1,950	2,017	1,010
Accounts Payable	-	214.16	115.89	120.97	124.29
Accrued Expenses	-	48.14	33.03	30.23	27.92
Short-Term Debt	-	-	-	70.07	16.02
Current Portion of Leases	-	4.42	7.53	3.85	-
Current Income Taxes Payable	-	3.24	0.61	0.67	2.7
Current Unearned Revenue	-	1.58	2.23	1.94	0.81
Other Current Liabilities	-	6.22	4.27	5.84	1.44
Total Current Liabilities	-	277.76	163.56	233.58	173.18
Long-Term Leases	-	7.13	11.11	15.33	-
Long-Term Unearned Revenue	-	85.07	43.13	34.57	31.06
Long-Term Deferred Tax Liabilities	-	1.61	2.06	2.31	-
Other Long-Term Liabilities	-	0.36	3.37	-	-
Total Liabilities	-	371.94	223.23	285.78	204.24
Common Stock	-	138.73	98.84	98.84	85.14
Additional Paid-In Capital	-	1,258	1,282	1,283	489.21
Retained Earnings	-	406.97	346.17	348.79	231.41
Comprehensive Income & Other	-	0.98	-0.24	0.36	-
Shareholders' Equity	1,901	1,804	1,727	1,731	805.76
Total Liabilities & Equity	-	2,176	1,950	2,017	1,010
Total Debt	114.06	11.55	18.64	89.25	16.02
Net Cash (Debt)	-19.61	457.69	622.05	854.68	213.26
Net Cash Growth	-	-26.42%	-27.22%	300.76%	-39.58%
Net Cash Per Share	-0.14	3.32	4.49	7.07	1.78
Filing Date Shares Outstanding	139.27	138.73	138.37	138.37	119.2
Total Common Shares Outstanding	139.27	138.73	138.37	138.37	119.2
Working Capital	-	976.56	1,054	1,252	470.79
Book Value Per Share	13.66	13.01	12.48	12.51	6.76
Tangible Book Value	1,767	1,672	1,653	1,658	760.97
Tangible Book Value Per Share	12.70	12.05	11.94	11.98	6.38
Buildings	-	265.27	192.69	190.42	97.5
Machinery	-	545.28	418.16	335.33	237.59
Construction In Progress	-	154.59	116.49	7.78	54.01

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.