SHA:688766 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	1,037	995.02	1,107	1,211	1,463
Short-Term Investments	-	-	53	-	-
Trading Asset Securities	-	12.36	63.51	54.04	-
Cash & Short-Term Investments	1,037	1,007	1,224	1,265	1,463
Cash Growth	2.96%	-17.69%	-3.25%	-13.54%	1145.80%
Accounts Receivable	724.22	447.79	339.58	267.13	224.49
Other Receivables	1	2.28	16.42	16.82	1.03
Receivables	725.22	450.07	356	283.95	225.51
Inventory	1,256	717.95	362.6	670.27	225.46
Other Current Assets	25.58	18.07	4.61	36.36	6.81
Total Current Assets	3,044	2,193	1,947	2,256	1,921
Property, Plant & Equipment	291.17	230.89	53.71	58.01	32.97
Long-Term Investments	38.12	30.12	15.12	51.57	50.15
Goodwill	129.76	-	-	-	-
Other Intangible Assets	62.25	64.11	36.13	12.23	8.57
Long-Term Deferred Tax Assets	40.79	16.93	27.37	5.63	2.56
Long-Term Deferred Charges	50.48	42.82	35.21	23.08	9.63
Other Long-Term Assets	-	0.18	-	0.46	-
Total Assets	3,656	2,579	2,115	2,407	2,025
Accounts Payable	698.91	275.67	128.41	377.99	72.09
Accrued Expenses	79.22	50.79	31.58	16.57	10.54
Short-Term Debt	-	0.67	3.25	3.1	-
Current Portion of Long-Term Debt	2.58	-	-	-	-
Current Portion of Leases	5.08	2.29	-	-	-
Current Income Taxes Payable	34.26	-	-	-	-
Current Unearned Revenue	3.31	1.51	1.94	4.31	1.57
Other Current Liabilities	25.22	28.17	14.64	6.11	6.54
Total Current Liabilities	848.59	359.11	179.82	408.07	90.74
Long-Term Debt	97.5	-	-	-	-
Long-Term Leases	6.22	1.94	6.06	14.35	2.05
Pension & Post-Retirement Benefits	5.04	-	-	-	-
Long-Term Deferred Tax Liabilities	0.41	-	-	-	-
Total Liabilities	957.76	361.04	185.88	422.42	92.8
Common Stock	148.05	105.61	75.52	50.72	36.23
Additional Paid-In Capital	1,468	1,506	1,519	1,519	1,522
Retained Earnings	803.5	641.27	368.87	417.14	373.47
Treasury Stock	-	-35.1	-35.1	-2.45	-
Comprehensive Income & Other	-1.84	-	-	-	-
Total Common Equity	2,418	2,217	1,929	1,984	1,932
Minority Interest	281.01	-	-	-	-
Shareholders' Equity	2,699	2,217	1,929	1,984	1,932
Total Liabilities & Equity	3,656	2,579	2,115	2,407	2,025
Total Debt	111.38	4.9	9.31	17.45	2.05
Net Cash (Debt)	925.87	1,002	1,215	1,248	1,461
Net Cash Growth	-7.64%	-17.46%	-2.64%	-14.61%	1144.05%
Net Cash Per Share	6.25	6.75	8.27	8.42	11.82
Filing Date Shares Outstanding	148.05	147.46	147.46	148.06	148.12
Total Common Shares Outstanding	148.05	147.46	147.46	148.06	148.12
Working Capital	2,195	1,834	1,767	1,847	1,830
Book Value Per Share	16.33	15.04	13.08	13.40	13.04
Tangible Book Value	2,226	2,153	1,893	1,972	1,923
Tangible Book Value Per Share	15.03	14.60	12.83	13.32	12.98
Buildings	203.62	-	-	-	-
Machinery	150.49	102.42	86.91	65.92	45.54
Construction In Progress	24.6	185.4	4.99	7.49	3.66

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