SHA:688700 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	229.56	-	223.74	152.69	169.41	190.93
Trading Asset Securities	268.6	-	96.97	253.79	212.38	253.32
Cash & Short-Term Investments	498.16	234.71	320.7	406.47	381.79	444.25
Cash Growth	67.19%	-26.82%	-21.10%	6.46%	-14.06%	204.45%
Accounts Receivable	799.25	-	729.1	742.67	664.02	529.72
Other Receivables	4.75	-	4.68	0.64	0.64	0.44
Receivables	804	-	733.78	743.31	664.66	530.16
Inventory	1,184	-	634.15	411.57	374.09	341.45
Prepaid Expenses	-	-	19.19	14.06	0.18	0.28
Other Current Assets	483.03	-	11.24	21.86	26.48	14.73
Total Current Assets	2,969	-	1,719	1,597	1,447	1,331
Property, Plant & Equipment	516.7	-	375.45	324.12	225.72	126.98
Long-Term Investments	71.42	-	501.81	457.18	-	-
Other Intangible Assets	80.5	-	82.39	73.24	72.21	13.81
Long-Term Deferred Tax Assets	37.62	-	34.79	26.03	17.97	14.37
Long-Term Deferred Charges	1.75	-	0.15	1.52	2.66	1
Other Long-Term Assets	15.31	-	4.32	2.54	1.93	5.37
Total Assets	3,693	-	2,718	2,482	1,768	1,492
Accounts Payable	740.48	-	453.93	363.75	386.13	361.26
Accrued Expenses	44.12	-	50.97	52.11	53.93	48.13
Current Portion of Leases	-	-	1.58	3.08	3.1	-
Current Income Taxes Payable	15.53	-	6.44	5.57	6.17	7.95
Current Unearned Revenue	871.96	-	368.12	216.99	262.41	215.49
Other Current Liabilities	73.35	-	45.99	55.59	74.1	60.18
Total Current Liabilities	1,748	-	927.02	697.1	785.84	693.01
Long-Term Leases	8.46	-	2.46	3.9	5.12	-
Long-Term Unearned Revenue	27.01	-	19.27	7.5	-	-
Long-Term Deferred Tax Liabilities	-	-	4.84	3.05	0.5	0.29
Other Long-Term Liabilities	32.62	-	30.77	34.06	38.29	30.32
Total Liabilities	1,816	-	984.36	745.61	829.75	723.61
Common Stock	298.4	-	298.4	229.63	147.2	147.2
Additional Paid-In Capital	919.86	-	910.81	979.58	350.31	350.31
Retained Earnings	674.53	-	539.07	527.11	440.45	271.29
Treasury Stock	-15.06	-	-15.06	-	-	-
Comprehensive Income & Other	-0.75	-	0.4	-0	-	-
Shareholders' Equity	1,877	1,796	1,734	1,736	937.96	768.8
Total Liabilities & Equity	3,693	-	2,718	2,482	1,768	1,492
Total Debt	10.62	2.91	4.04	6.98	8.22	-
Net Cash (Debt)	487.54	231.79	316.66	399.49	373.57	444.25
Net Cash Growth	65.64%	-26.80%	-20.73%	6.94%	-15.91%	204.45%
Net Cash Per Share	1.60	0.77	1.05	1.37	1.32	1.79
Filing Date Shares Outstanding	295.44	320.68	298	298.52	283.21	283.21
Total Common Shares Outstanding	295.44	298	298	298.52	283.21	283.21
Working Capital	1,222	-	792.05	900.18	661.38	637.87
Book Value Per Share	6.35	6.03	5.82	5.82	3.31	2.71
Tangible Book Value	1,796	1,714	1,651	1,663	865.74	754.98
Tangible Book Value Per Share	6.08	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.