SHA:688708 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	-	1,927	591.59	336.35	331.02
Cash & Short-Term Investments	685.86	1,927	591.59	336.35	331.02
Cash Growth	-64.42%	225.80%	75.88%	1.61%	-
Accounts Receivable	-	1,093	929.36	639.97	335.22
Other Receivables	-	1.33	6.78	1.21	1.01
Receivables	-	1,094	936.14	641.18	336.23
Inventory	-	114.7	78.44	96.55	49.28
Other Current Assets	-	4.43	5.44	9.21	7.02
Total Current Assets	-	3,140	1,612	1,083	723.55
Property, Plant & Equipment	-	472.3	332.15	270.85	109.09
Other Intangible Assets	-	22.06	23.83	24.33	11.95
Long-Term Deferred Tax Assets	-	10.48	8.99	6.22	3.27
Other Long-Term Assets	-	3.91	0.42	14.03	3.78
Total Assets	-	3,649	1,977	1,399	851.64
Accounts Payable	-	305.27	161.95	101.41	23.1
Accrued Expenses	-	31.4	37	45.54	49.91
Current Portion of Leases	-	0.16	-	-	0.1
Current Income Taxes Payable	-	31.34	31.77	52.38	41.89
Current Unearned Revenue	-	2.25	2.97	4.16	2.18
Other Current Liabilities	-	33.52	12.65	13.08	16.02
Total Current Liabilities	-	403.94	246.33	216.56	133.19
Long-Term Leases	-	0.01	-	-	-
Long-Term Unearned Revenue	-	35.31	37.65	52.06	33.2
Long-Term Deferred Tax Liabilities	-	-	3.19	3.97	-
Other Long-Term Liabilities	-	-	-	-0	-
Total Liabilities	-	439.27	287.17	272.59	166.39
Common Stock	-	400.01	360	360	360
Additional Paid-In Capital	-	1,128	164.91	164.91	164.91
Retained Earnings	-	1,682	1,165	601.23	160.34
Comprehensive Income & Other	-	-	-	-	0
Total Common Equity	3,306	3,210	1,690	1,126	685.25
Shareholders' Equity	3,305	3,210	1,690	1,126	685.25
Total Liabilities & Equity	-	3,649	1,977	1,399	851.64
Total Debt	-	0.18	-	-	0.1
Net Cash (Debt)	685.86	1,927	591.59	336.35	330.92
Net Cash Growth	-64.41%	225.77%	75.88%	1.64%	-
Net Cash Per Share	1.71	5.30	1.64	0.93	0.91
Filing Date Shares Outstanding	400.01	400.01	360	361.26	363.42
Total Common Shares Outstanding	400.01	400.01	360	361.26	363.42
Working Capital	-	2,736	1,365	866.74	590.36
Book Value Per Share	8.27	8.02	4.69	3.12	1.89
Tangible Book Value	3,284	3,188	1,666	1,102	673.3
Tangible Book Value Per Share	8.21	7.97	4.63	3.05	1.85
Buildings	-	164.32	126.45	81.71	80.97
Machinery	-	186.11	142.11	78.25	56
Construction In Progress	-	228.68	134.78	157.46	2.21
Order Backlog	130	-	-	-	-

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