SHA:688798 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	888.87	1,004	1,365	1,682	1,976
Short-Term Investments	-	-	236.89	-	-
Trading Asset Securities	1,627	1,551	1,126	609.61	1,067
Cash & Short-Term Investments	2,515	2,554	2,728	2,291	3,043
Cash Growth	-1.52%	-6.38%	19.08%	-24.71%	1212.24%
Accounts Receivable	129.39	73.67	61.66	48.73	34.33
Other Receivables	3.98	6.71	10.94	14.01	76
Receivables	133.37	80.37	72.6	62.74	110.33
Inventory	654	591.36	674.75	879.43	481.56
Other Current Assets	181.56	47.24	82.24	101.96	30.79
Total Current Assets	3,484	3,273	3,558	3,335	3,666
Property, Plant & Equipment	1,189	1,094	801.26	798.66	619.51
Long-Term Investments	175.07	278.47	238.41	340.88	79.71
Other Intangible Assets	308.29	313.76	96.72	33.23	14.81
Long-Term Deferred Tax Assets	115.41	103.9	87.15	49.72	18.49
Long-Term Deferred Charges	10.05	20.85	33.92	50.52	41.7
Other Long-Term Assets	19.97	4.19	120.3	120.25	12.48
Total Assets	5,302	5,088	4,936	4,729	4,452
Accounts Payable	438.23	290.28	422.93	280.09	356.87
Accrued Expenses	148.91	141.16	77.55	112.66	155.21
Short-Term Debt	199.85	190.1	326.08	519.44	65.34
Current Portion of Long-Term Debt	72.14	238.06	16.15	14.77	6.59
Current Portion of Leases	-	11.06	11.07	16.4	9.38
Current Income Taxes Payable	8.26	0.08	0.01	0.44	0.96
Current Unearned Revenue	103.87	127.57	95.25	85.4	22.19
Other Current Liabilities	22.76	11.17	10.88	19.91	30.16
Total Current Liabilities	994.04	1,009	959.92	1,049	646.69
Long-Term Debt	77.99	142.18	330.08	121.7	57.37
Long-Term Leases	2.97	4.33	5.88	15.93	12.96
Long-Term Unearned Revenue	4.58	6.01	13.95	5.37	7.5
Long-Term Deferred Tax Liabilities	-	3.38	3.91	1.15	0.05
Other Long-Term Liabilities	26.21	-	-	0.03	-
Total Liabilities	1,106	1,165	1,314	1,193	724.58
Common Stock	233.13	232.67	232.01	166	166
Additional Paid-In Capital	3,119	3,088	3,125	3,163	3,084
Retained Earnings	803.21	562.98	319.69	268.68	454.86
Treasury Stock	-	-	-100.04	-94.7	-
Comprehensive Income & Other	40.78	39.27	45.84	32.28	23.33
Shareholders' Equity	4,196	3,923	3,622	3,535	3,728
Total Liabilities & Equity	5,302	5,088	4,936	4,729	4,452
Total Debt	352.95	585.73	689.26	688.24	151.63
Net Cash (Debt)	2,163	1,969	2,039	1,603	2,891
Net Cash Growth	9.85%	-3.46%	27.21%	-44.56%	6940.45%
Net Cash Per Share	9.28	8.50	8.79	6.86	14.97
Filing Date Shares Outstanding	231.38	232.67	232.01	232.4	232.4
Total Common Shares Outstanding	231.38	232.67	232.01	232.4	232.4
Working Capital	2,490	2,264	2,598	2,286	3,019
Book Value Per Share	18.14	16.86	15.61	15.21	16.04
Tangible Book Value	3,888	3,609	3,525	3,502	3,713
Tangible Book Value Per Share	16.80	15.51	15.19	15.07	15.98
Buildings	-	513.66	406.25	265.4	169.45
Machinery	-	568.12	544.42	492	346.81
Construction In Progress	-	310.94	60.02	149.22	156.62

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