SHA:688709 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	-	1,006	165.35	196.13	220.19
Trading Asset Securities	-	150	-	-	-
Cash & Short-Term Investments	600.44	1,156	165.35	196.13	220.19
Cash Growth	-48.08%	599.34%	-15.69%	-10.92%	-14.95%
Accounts Receivable	-	1,187	1,133	846.14	482.28
Other Receivables	-	6.97	5.26	5.17	6.23
Receivables	-	1,194	1,138	851.31	488.5
Inventory	-	473.95	336.28	302.13	215.97
Other Current Assets	-	86.16	48.75	68.05	78.64
Total Current Assets	-	2,911	1,689	1,418	1,003
Property, Plant & Equipment	-	603.99	438.28	343.94	279.59
Long-Term Investments	-	19.83	23.49	23.86	-
Other Intangible Assets	-	71.65	70.79	73.76	77.82
Long-Term Deferred Tax Assets	-	46.02	35.13	26.48	20.26
Long-Term Deferred Charges	-	0.71	0.58	2.25	2.64
Other Long-Term Assets	-	16.84	17.11	27.08	10.87
Total Assets	-	3,670	2,274	1,915	1,394
Accounts Payable	-	248.69	199.72	200.34	182.96
Accrued Expenses	-	36.64	103.61	89.56	65.26
Short-Term Debt	-	200.14	330.22	272.35	160.92
Current Portion of Long-Term Debt	-	73.41	77.42	0.22	0.13
Current Portion of Leases	-	3.14	0.06	5.89	6.75
Current Income Taxes Payable	-	7.28	9.97	10.81	4.29
Current Unearned Revenue	-	3.76	7.02	12.85	18.52
Other Current Liabilities	-	5.66	7.43	6.17	5.11
Total Current Liabilities	-	578.72	735.45	598.2	443.94
Long-Term Debt	-	176.6	214.4	306.3	94.72
Long-Term Leases	-	1.56	2.51	1.75	5.75
Long-Term Unearned Revenue	-	47.1	41.04	44.63	15.26
Long-Term Deferred Tax Liabilities	-	0.73	0.6	0.95	1.38
Other Long-Term Liabilities	-	35.13	-44.91	-16.08	30.04
Total Liabilities	-	839.84	949.09	935.75	591.09
Common Stock	-	636.85	541.25	541.25	541.25
Additional Paid-In Capital	-	1,498	147.51	118.12	207.4
Retained Earnings	-	674.9	624.06	312.99	31.77
Total Common Equity	2,875	2,809	1,313	972.36	780.42
Minority Interest	-	20.39	12.31	6.89	22.97
Shareholders' Equity	2,901	2,830	1,325	979.25	803.39
Total Liabilities & Equity	-	3,670	2,274	1,915	1,394
Total Debt	492.14	454.85	624.62	586.52	268.27
Net Cash (Debt)	108.3	701.53	-459.26	-390.39	-48.08
Net Cash Growth	-84.56%	-	-	-	-
Net Cash Per Share	0.17	1.15	-0.84	-0.72	-0.09
Filing Date Shares Outstanding	636.85	636.85	636.85	541.25	540.32
Total Common Shares Outstanding	636.85	636.85	541.25	541.25	540.32
Working Capital	-	2,332	953.37	819.44	559.36
Book Value Per Share	4.51	4.41	2.43	1.80	1.44
Tangible Book Value	2,786	2,738	1,242	898.61	702.61
Tangible Book Value Per Share	4.38	4.30	2.29	1.66	1.30
Buildings	-	6.94	6.94	6.94	6.94
Machinery	-	241.37	174.53	138.13	116
Construction In Progress	-	475.23	352.15	268.38	202.07

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