SHA:688717 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	-	3,176	3,039	791.43	200.4
Cash & Short-Term Investments	3,073	3,176	3,039	791.43	200.4
Cash Growth	-3.25%	4.52%	283.95%	294.92%	18.85%
Accounts Receivable	-	463.57	357.44	460.47	55.92
Other Receivables	-	17.94	26.26	52.91	18.14
Receivables	-	481.52	383.7	513.38	74.06
Inventory	-	1,036	1,033	1,303	412.75
Prepaid Expenses	-	9.35	0.75	-	-
Other Current Assets	-	124.32	92.11	154.36	30.34
Total Current Assets	-	4,827	4,549	2,762	717.56
Property, Plant & Equipment	-	811.44	570.73	336.82	102.81
Long-Term Investments	-	0.27	0.27	0.25	0.26
Other Intangible Assets	-	74.25	111.22	62.65	13.27
Long-Term Deferred Tax Assets	-	93.04	64.09	57.57	14.82
Long-Term Deferred Charges	-	51.73	49.89	4.32	5.26
Other Long-Term Assets	-	278.55	10.39	6.29	7.14
Total Assets	-	6,136	5,355	3,230	861.11
Accounts Payable	-	1,125	354.84	1,201	367.76
Accrued Expenses	-	211.21	271.16	191.56	58.72
Short-Term Debt	-	-	-	69.1	126.78
Current Portion of Leases	-	25.21	21.61	12.92	8.57
Current Income Taxes Payable	-	8.15	22.02	147.87	7.68
Current Unearned Revenue	-	103.13	95.58	102.8	74.29
Other Current Liabilities	-	103.29	68.67	64.86	11.8
Total Current Liabilities	-	1,576	833.88	1,790	655.6
Long-Term Leases	-	33.92	46.65	25.05	14.38
Long-Term Unearned Revenue	-	27.3	8.01	-	-
Long-Term Deferred Tax Liabilities	-	0.53	0.09	0.08	1.2
Other Long-Term Liabilities	-	99.98	126.11	131.82	40.59
Total Liabilities	-	1,737	1,015	1,947	711.77
Common Stock	-	160	160	120	60
Additional Paid-In Capital	-	1,978	1,978	29.9	89.9
Retained Earnings	-	2,250	2,196	1,132	-2.31
Comprehensive Income & Other	-	10.92	6.16	1.83	1.75
Shareholders' Equity	4,551	4,399	4,340	1,283	149.34
Total Liabilities & Equity	-	6,136	5,355	3,230	861.11
Total Debt	41.84	59.13	68.25	107.06	149.73
Net Cash (Debt)	3,031	3,117	2,970	684.36	50.67
Net Cash Growth	-2.76%	4.93%	334.05%	1250.54%	24.75%
Net Cash Per Share	18.86	19.44	24.75	5.70	0.42
Filing Date Shares Outstanding	160	160	160	120	60
Total Common Shares Outstanding	160	160	160	120	60
Working Capital	-	3,251	3,715	972.47	61.96
Book Value Per Share	28.45	27.49	27.13	10.70	2.49
Tangible Book Value	4,395	4,325	4,229	1,221	136.07
Tangible Book Value Per Share	27.47	27.03	26.43	10.17	2.27
Buildings	-	424.99	158.76	109.23	-
Machinery	-	378.58	251.75	181.02	41.97
Construction In Progress	-	54.32	148.39	39.93	60.47

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