SHA:688720 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	120.79	193.83	94.94	387.22	7.84	16.66
Short-Term Investments	-	97.25	41.88	54.8	68.17	-
Trading Asset Securities	53.47	0	102.07	205.22	10.05	74.41
Cash & Short-Term Investments	174.26	291.08	238.88	647.24	86.07	91.07
Cash Growth	-33.48%	21.85%	-63.09%	652.04%	-5.49%	31.43%
Accounts Receivable	302.61	222.89	227.6	184.34	123.59	144.94
Other Receivables	5.55	5.92	8.17	8.98	9.77	7.93
Receivables	308.16	228.82	235.77	193.32	133.35	152.87
Inventory	105.92	70.01	61.57	39.59	34.6	40.56
Other Current Assets	269.11	12.65	15.52	3.68	3.67	4.07
Total Current Assets	857.45	602.55	551.74	883.84	257.69	288.57
Property, Plant & Equipment	478.61	440.38	318.42	275.29	224.8	180.5
Long-Term Investments	-	290.74	318.36	92.8	54.51	51.83
Goodwill	4.86	4.86	4.86	-	-	-
Other Intangible Assets	16.37	15.86	17.08	10.84	12.2	9.48
Long-Term Deferred Tax Assets	17.4	12.65	9.26	9.26	9.34	1.78
Long-Term Deferred Charges	10	10.78	3.61	3.19	-	-
Other Long-Term Assets	63.44	13.17	20.77	4.68	3.72	3.45
Total Assets	1,448	1,391	1,244	1,280	562.26	535.61

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	128.54	48.37	61.05	77.15	52.04	74.37
Accrued Expenses	20.74	17.48	13.26	33.8	18.21	13.17
Short-Term Debt	155.43	207.34	153.65	93.93	32.69	15.81
Current Portion of Long-Term Debt	-	3.01	-	0.03	-	-
Current Portion of Leases	-	0.93	0.58	0.56	0.25	0.38
Current Income Taxes Payable	-	0.07	0.53	0.02	-	1.17
Current Unearned Revenue	4.88	3.34	3.45	0.77	0.34	1.54
Other Current Liabilities	30.05	43.78	20.69	16.21	6.58	7.23
Total Current Liabilities	339.63	324.33	253.22	222.48	110.11	113.68
Long-Term Debt	12	15	-	36.04	7.6	-
Long-Term Leases	1.96	2.48	1.34	1.54	-	0.17
Long-Term Unearned Revenue	11.36	11.39	8.33	-	-	-
Long-Term Deferred Tax Liabilities	2.8	3.16	3.12	3.58	3.36	-
Total Liabilities	367.75	356.35	266.01	263.64	121.07	113.85

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	122.64	88.13	88.13	88.13	66.1	66.1
Additional Paid-In Capital	754.86	790.26	792.47	792.47	270	270
Retained Earnings	227.96	193.4	142.17	125.82	93.16	76.49
Treasury Stock	-43.47	-55.64	-60.02	-	-	-
Comprehensive Income & Other	13.51	13.71	11.23	9.83	11.92	9.17
Total Common Equity	1,076	1,030	973.97	1,016	441.19	421.76
Minority Interest	4.86	4.76	4.13	-	-	-
Shareholders' Equity	1,080	1,035	978.1	1,016	441.19	421.76
Total Liabilities & Equity	1,448	1,391	1,244	1,280	562.26	535.61

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	169.39	228.76	155.57	132.1	40.54	16.36
Net Cash (Debt)	4.87	62.31	83.31	515.14	45.53	74.7
Net Cash Growth	-91.41%	-25.20%	-83.83%	1031.55%	-39.06%	20.66%
Net Cash Per Share	0.04	0.51	0.68	5.52	0.49	0.84
Filing Date Shares Outstanding	125.09	121.79	121.78	123.07	92.54	92.54
Total Common Shares Outstanding	125.09	121.79	121.78	123.39	92.54	92.54
Working Capital	517.82	278.22	298.53	661.36	147.58	174.89
Book Value Per Share	8.60	8.46	8.00	8.24	4.77	4.56
Tangible Book Value	1,054	1,009	952.03	1,005	428.99	412.28
Tangible Book Value Per Share	8.43	8.29	7.82	8.15	4.64	4.46
Buildings	-	209.1	201.95	138.61	99.42	69.1
Machinery	-	280.44	179.45	137.47	125.04	33.69
Construction In Progress	-	45.84	2.25	40.84	26.38	93.65