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	489.03	593.9	602.37	593.62	529.62
Trading Asset Securities	121.44	166.45	315.2	754.25	27.27
Cash & Short-Term Investments	610.47	760.35	917.58	1,348	556.89
Cash Growth	-19.71%	-17.14%	-31.92%	142.04%	412.23%
Accounts Receivable	367.16	235.62	214.12	272.3	235.47
Other Receivables	1.55	0.81	1.37	1.22	4.02
Receivables	368.72	236.44	215.5	273.52	239.5
Inventory	166.55	157.9	121.79	137.57	85.92
Prepaid Expenses	0.02	0.44	0.27	0.01	0.14
Other Current Assets	68.74	59.88	36.34	53.45	20.4
Total Current Assets	1,214	1,215	1,291	1,812	902.84
Property, Plant & Equipment	1,986	1,737	1,435	965.34	417.84
Long-Term Investments	0.14	-	-	-	-
Other Intangible Assets	183.66	188.35	192.03	157.94	24.95
Long-Term Deferred Tax Assets	51.61	33.82	28.38	18.97	5.8
Long-Term Deferred Charges	26.53	30.43	2.86	3.52	1.21
Other Long-Term Assets	48.83	18.45	22.85	28.48	73.65
Total Assets	3,512	3,224	2,973	2,987	1,426
Accounts Payable	288.03	283.66	257.45	289.84	81.86
Accrued Expenses	20.82	19.08	16.82	15.47	19.85
Short-Term Debt	-	40	30.03	67.37	-
Current Portion of Long-Term Debt	129.19	94.79	118.74	102.66	2
Current Portion of Leases	14.61	9.66	16.63	4.28	2.91
Current Income Taxes Payable	0.99	0.24	1.87	23.7	13.86
Current Unearned Revenue	1.62	1.29	0.26	1.03	1.45
Other Current Liabilities	55.65	13.5	22.79	14.83	32.56
Total Current Liabilities	510.91	462.23	464.59	519.18	154.49
Long-Term Debt	643.25	358.67	174.76	138.92	18.03
Long-Term Leases	135.94	111.37	26.65	5.48	2.61
Long-Term Unearned Revenue	103.54	78.77	69.67	63.17	24.44
Long-Term Deferred Tax Liabilities	0.13	-	0.03	1.57	1.24
Total Liabilities	1,394	1,011	735.71	728.31	200.81
Common Stock	199.78	199.78	199.78	199.78	182.16
Additional Paid-In Capital	1,733	1,770	1,791	1,767	831.73
Retained Earnings	256.9	298.82	306.61	322.06	211.6
Treasury Stock	-80.21	-65.01	-59.97	-29.99	-
Comprehensive Income & Other	-1.12	-1.1	-	-	-
Total Common Equity	2,108	2,202	2,237	2,258	1,225
Minority Interest	9.65	10.32	-	-	-
Shareholders' Equity	2,118	2,213	2,237	2,258	1,225
Total Liabilities & Equity	3,512	3,224	2,973	2,987	1,426
Total Debt	922.99	614.49	366.8	318.71	25.55
Net Cash (Debt)	-312.52	145.86	550.78	1,029	531.34
Net Cash Growth	-	-73.52%	-46.48%	93.69%	454.77%
Net Cash Per Share	-1.55	0.73	2.70	5.53	3.49
Filing Date Shares Outstanding	197.97	197.97	197.97	199.78	182.16
Total Common Shares Outstanding	197.97	197.97	198.17	199.78	182.16
Working Capital	703.58	752.78	826.88	1,293	748.36
Book Value Per Share	10.65	11.12	11.29	11.30	6.73
Tangible Book Value	1,925	2,014	2,045	2,100	1,201
Tangible Book Value Per Share	9.72	10.17	10.32	10.51	6.59
Buildings	460.82	380.75	289.14	182.76	118.12
Machinery	1,164	966.52	737.75	585.43	279.46
Construction In Progress	612.16	563.75	574.09	323.06	111.51

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