SHA:688702 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	-	671.28	1,031	365.03	376.26
Trading Asset Securities	-	643.85	600.69	-	-
Cash & Short-Term Investments	1,502	1,315	1,632	365.03	376.26
Cash Growth	14.20%	-19.41%	347.02%	-2.98%	142.67%
Accounts Receivable	-	196.42	103.8	168.56	103.45
Other Receivables	-	0.58	0.43	0.98	1.25
Receivables	-	196.99	104.23	169.54	104.69
Inventory	-	735.39	716.26	281.31	141.93
Prepaid Expenses	-	-	-	4.57	0.67
Other Current Assets	-	101.37	411.13	202.18	206.41
Total Current Assets	-	2,349	2,863	1,023	829.96
Property, Plant & Equipment	-	194.44	218.21	227.12	158.46
Other Intangible Assets	-	10.6	28.22	53.41	65.89
Long-Term Deferred Charges	-	6.84	11.28	11.12	5.6
Other Long-Term Assets	-	101.35	23.79	2.47	41.74
Total Assets	-	2,662	3,145	1,317	1,102
Accounts Payable	-	66.86	53.15	76.8	148.75
Accrued Expenses	-	64.42	46.25	40.14	32.07
Short-Term Debt	-	-	376.16	690.8	384.49
Current Portion of Long-Term Debt	-	-	-	16.18	20.08
Current Portion of Leases	-	0.32	2.38	1.87	-
Current Unearned Revenue	-	130.73	242.36	4.06	9.16
Other Current Liabilities	-	20.55	33.88	6.96	5.28
Total Current Liabilities	-	282.87	754.17	836.82	599.81
Long-Term Debt	-	-	-	56.53	45.93
Long-Term Leases	-	-	0.17	2.05	-
Long-Term Unearned Revenue	-	45.95	21.54	51.72	61.79
Other Long-Term Liabilities	-	-	-	7.18	9.35
Total Liabilities	-	328.83	775.88	954.29	716.88
Common Stock	-	410	410	360	360
Additional Paid-In Capital	-	2,039	2,007	30.6	23.49
Retained Earnings	-	-115.94	-47.67	-28.14	1.28
Shareholders' Equity	2,376	2,333	2,369	362.46	384.77
Total Liabilities & Equity	-	2,662	3,145	1,317	1,102
Total Debt	-	0.32	378.7	767.42	450.49
Net Cash (Debt)	1,502	1,315	1,253	-402.39	-74.23
Net Cash Growth	14.23%	4.93%	-	-	-
Net Cash Per Share	3.71	3.27	3.21	-1.09	-0.21
Filing Date Shares Outstanding	410	410	410	360	345.65
Total Common Shares Outstanding	410	410	410	360	345.65
Working Capital	-	2,066	2,109	185.82	230.15
Book Value Per Share	5.79	5.69	5.78	1.01	1.11
Tangible Book Value	2,364	2,323	2,341	309.05	318.88
Tangible Book Value Per Share	5.76	5.67	5.71	0.86	0.92
Buildings	-	163.22	163.22	163.22	-
Machinery	-	137.03	133.35	109.06	71.79
Construction In Progress	-	-	-	-	117.93

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