SHA:688790 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	2,478	370.99	333.05	398.61
Trading Asset Securities	10.02	110.36	287.94	222.28
Cash & Short-Term Investments	2,488	481.35	620.99	620.89
Cash Growth	416.96%	-22.49%	0.02%	-
Accounts Receivable	126.09	83.17	94.35	50.96
Other Receivables	18.55	6.57	25.61	11.78
Receivables	144.65	89.74	119.95	62.75
Inventory	621.71	786.54	526.97	459.18
Other Current Assets	38.25	65.98	108.72	48.61
Total Current Assets	3,293	1,424	1,377	1,191
Property, Plant & Equipment	154.9	194.55	204.57	205.46
Other Intangible Assets	13.13	21.48	29.24	8.31
Long-Term Deferred Tax Assets	6.94	10.15	12.07	9.47
Long-Term Deferred Charges	59.88	65.43	76.98	44.07
Other Long-Term Assets	1.86	5.98	14.66	53.81
Total Assets	3,530	1,721	1,714	1,513
Accounts Payable	258.07	253.07	255.32	70.15
Accrued Expenses	42.82	50.01	63.9	58.55
Short-Term Debt	267.72	261.98	173.13	20.02
Current Portion of Long-Term Debt	21.03	-	-	-
Current Portion of Leases	-	9.87	11.72	12.39
Current Income Taxes Payable	8.62	0.08	0.22	0.09
Current Unearned Revenue	12.18	10.76	46.96	33.02
Other Current Liabilities	28.45	61.76	11.53	11.26
Total Current Liabilities	638.89	647.54	562.79	205.48
Long-Term Debt	-	10	-	-
Long-Term Leases	36.44	42.59	51.03	40.03
Long-Term Unearned Revenue	60.68	33.66	48.1	12.83
Long-Term Deferred Tax Liabilities	6.94	10.15	12.07	9.47
Other Long-Term Liabilities	-	-	0.14	0.1
Total Liabilities	742.95	743.95	674.12	267.91
Common Stock	99.53	74.65	74.65	74.65
Additional Paid-In Capital	4,027	2,120	2,120	1,877
Retained Earnings	-1,358	-1,239	-1,174	-723.78
Comprehensive Income & Other	17.59	21.29	19.36	17.11
Shareholders' Equity	2,787	977.26	1,040	1,245
Total Liabilities & Equity	3,530	1,721	1,714	1,513
Total Debt	325.18	324.45	235.88	72.44
Net Cash (Debt)	2,163	156.9	385.1	548.45
Net Cash Growth	1278.69%	-59.26%	-29.78%	-
Net Cash Per Share	28.15	2.11	5.16	7.34
Filing Date Shares Outstanding	99.53	74.65	74.65	74.71
Total Common Shares Outstanding	99.53	74.65	74.65	74.71
Working Capital	2,654	776.07	813.84	985.94
Book Value Per Share	28.00	13.09	13.93	16.66
Tangible Book Value	2,774	955.78	1,011	1,236
Tangible Book Value Per Share	27.87	12.80	13.54	16.55
Machinery	-	275.31	235.24	123.86
Construction In Progress	-	0.97	0.94	90.12

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