SHA:688733 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	-	593.9	602.37	593.62	529.62
Trading Asset Securities	-	166.45	315.2	754.25	27.27
Cash & Short-Term Investments	675.22	760.35	917.58	1,348	556.89
Cash Growth	-11.20%	-17.14%	-31.92%	142.04%	412.23%
Accounts Receivable	-	235.62	214.12	272.3	235.47
Other Receivables	-	0.81	1.37	1.22	4.02
Receivables	-	236.44	215.5	273.52	239.5
Inventory	-	157.9	121.79	137.57	85.92
Prepaid Expenses	-	0.44	0.27	0.01	0.14
Other Current Assets	-	59.88	36.34	53.45	20.4
Total Current Assets	-	1,215	1,291	1,812	902.84
Property, Plant & Equipment	-	1,737	1,435	965.34	417.84
Other Intangible Assets	-	188.35	192.03	157.94	24.95
Long-Term Deferred Tax Assets	-	33.82	28.38	18.97	5.8
Long-Term Deferred Charges	-	30.43	2.86	3.52	1.21
Other Long-Term Assets	-	18.45	22.85	28.48	73.65
Total Assets	-	3,224	2,973	2,987	1,426
Accounts Payable	-	283.66	257.45	289.84	81.86
Accrued Expenses	-	19.08	16.82	15.47	19.85
Short-Term Debt	-	40	30.03	67.37	-
Current Portion of Long-Term Debt	-	94.79	118.74	102.66	2
Current Portion of Leases	-	9.66	16.63	4.28	2.91
Current Income Taxes Payable	-	0.24	1.87	23.7	13.86
Current Unearned Revenue	-	1.29	0.26	1.03	1.45
Other Current Liabilities	-	13.5	22.79	14.83	32.56
Total Current Liabilities	-	462.23	464.59	519.18	154.49
Long-Term Debt	-	358.67	174.76	138.92	18.03
Long-Term Leases	-	111.37	26.65	5.48	2.61
Long-Term Unearned Revenue	-	78.77	69.67	63.17	24.44
Long-Term Deferred Tax Liabilities	-	-	0.03	1.57	1.24
Total Liabilities	-	1,011	735.71	728.31	200.81
Common Stock	-	199.78	199.78	199.78	182.16
Additional Paid-In Capital	-	1,770	1,791	1,767	831.73
Retained Earnings	-	298.82	306.61	322.06	211.6
Treasury Stock	-	-65.01	-59.97	-29.99	-
Comprehensive Income & Other	-	-1.1	-	-	-
Total Common Equity	2,169	2,202	2,237	2,258	1,225
Minority Interest	-	10.32	-	-	-
Shareholders' Equity	2,178	2,213	2,237	2,258	1,225
Total Liabilities & Equity	-	3,224	2,973	2,987	1,426
Total Debt	864.35	614.49	366.8	318.71	25.55
Net Cash (Debt)	-189.14	145.86	550.78	1,029	531.34
Net Cash Growth	-	-73.52%	-46.48%	93.69%	454.77%
Net Cash Per Share	-0.94	0.73	2.70	5.53	3.49
Filing Date Shares Outstanding	211.95	197.97	197.97	199.78	182.16
Total Common Shares Outstanding	197.97	197.97	198.17	199.78	182.16
Working Capital	-	752.78	826.88	1,293	748.36
Book Value Per Share	10.95	11.12	11.29	11.30	6.73
Tangible Book Value	1,984	2,014	2,045	2,100	1,201
Tangible Book Value Per Share	10.02	10.17	10.32	10.51	6.59
Buildings	-	380.75	289.14	182.76	118.12
Machinery	-	966.52	737.75	585.43	279.46
Construction In Progress	-	563.75	574.09	323.06	111.51

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