SHA:688700 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	-	223.74	152.69	169.41	190.93
Trading Asset Securities	-	96.97	253.79	212.38	253.32
Cash & Short-Term Investments	234.71	320.7	406.47	381.79	444.25
Cash Growth	-26.82%	-21.10%	6.46%	-14.06%	204.45%
Accounts Receivable	-	729.1	742.67	664.02	529.72
Other Receivables	-	4.68	0.64	0.64	0.44
Receivables	-	733.78	743.31	664.66	530.16
Inventory	-	634.15	411.57	374.09	341.45
Prepaid Expenses	-	19.19	14.06	0.18	0.28
Other Current Assets	-	11.24	21.86	26.48	14.73
Total Current Assets	-	1,719	1,597	1,447	1,331
Property, Plant & Equipment	-	375.45	324.12	225.72	126.98
Long-Term Investments	-	501.81	457.18	-	-
Other Intangible Assets	-	82.39	73.24	72.21	13.81
Long-Term Deferred Tax Assets	-	34.79	26.03	17.97	14.37
Long-Term Deferred Charges	-	0.15	1.52	2.66	1
Other Long-Term Assets	-	4.32	2.54	1.93	5.37
Total Assets	-	2,718	2,482	1,768	1,492
Accounts Payable	-	453.93	363.75	386.13	361.26
Accrued Expenses	-	50.97	52.11	53.93	48.13
Current Portion of Leases	-	1.58	3.08	3.1	-
Current Income Taxes Payable	-	6.44	5.57	6.17	7.95
Current Unearned Revenue	-	368.12	216.99	262.41	215.49
Other Current Liabilities	-	45.99	55.59	74.1	60.18
Total Current Liabilities	-	927.02	697.1	785.84	693.01
Long-Term Leases	-	2.46	3.9	5.12	-
Long-Term Unearned Revenue	-	19.27	7.5	-	-
Long-Term Deferred Tax Liabilities	-	4.84	3.05	0.5	0.29
Other Long-Term Liabilities	-	30.77	34.06	38.29	30.32
Total Liabilities	-	984.36	745.61	829.75	723.61
Common Stock	-	298.4	229.63	147.2	147.2
Additional Paid-In Capital	-	910.81	979.58	350.31	350.31
Retained Earnings	-	539.07	527.11	440.45	271.29
Treasury Stock	-	-15.06	-	-	-
Comprehensive Income & Other	-	0.4	-0	-	-
Shareholders' Equity	1,796	1,734	1,736	937.96	768.8
Total Liabilities & Equity	-	2,718	2,482	1,768	1,492
Total Debt	2.91	4.04	6.98	8.22	-
Net Cash (Debt)	231.79	316.66	399.49	373.57	444.25
Net Cash Growth	-26.80%	-20.73%	6.94%	-15.91%	204.45%
Net Cash Per Share	0.77	1.05	1.37	1.32	1.79
Filing Date Shares Outstanding	320.68	298	298.52	283.21	283.21
Total Common Shares Outstanding	298	298	298.52	283.21	283.21
Working Capital	-	792.05	900.18	661.38	637.87
Book Value Per Share	6.03	5.82	5.82	3.31	2.71
Tangible Book Value	1,714	1,651	1,663	865.74	754.98
Tangible Book Value Per Share	5.75	5.54	5.57	3.06	2.67
Buildings	-	282.3	152.27	87.7	36.76
Machinery	-	85.75	79.5	70.67	36.94
Construction In Progress	-	12.42	89.61	63.7	76.15

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