SHA:688809 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,710	2,739	222.18	146.58	333.19	60.36
Trading Asset Securities	80.12	160.08	50.07	100.12	68.02	20.05
Cash & Short-Term Investments	2,790	2,900	272.25	246.71	401.21	80.41
Cash Growth	924.92%	965.01%	10.36%	-38.51%	398.97%	-
Accounts Receivable	351.7	338.2	233.79	180.92	125.7	46.21
Other Receivables	8.66	8.64	9.86	2.57	0.84	0.52
Receivables	360.35	346.84	243.65	183.49	126.53	46.72
Inventory	239.92	177	84.87	73.14	72.47	36.63
Prepaid Expenses	-	0.02	-	-	0.02	0
Other Current Assets	64.6	52.63	24.42	14.83	17.57	11.47
Total Current Assets	3,455	3,476	625.19	518.17	617.8	175.23
Property, Plant & Equipment	934.47	863.33	525.33	381.25	268.53	119.96
Other Intangible Assets	26.96	25.52	26.29	28.29	0.67	0.41
Long-Term Deferred Tax Assets	24.04	22.59	14.6	5.19	3.44	3.47
Long-Term Deferred Charges	23.25	26.32	6.5	16.2	16.86	3.7
Other Long-Term Assets	98.56	47.69	78.75	10.92	26.61	29.9
Total Assets	4,563	4,461	1,277	960.01	933.9	332.68
Accounts Payable	127.99	125.21	57.88	37.25	43.07	14.49
Accrued Expenses	39.15	60.85	30.27	18.54	10.26	6.42
Short-Term Debt	94.06	100.07	-	-	-	-
Current Portion of Leases	10.64	9.65	10.77	4.05	5.65	4.51
Current Income Taxes Payable	28.91	25.19	9.41	0.06	0.94	-
Current Unearned Revenue	5.95	5.28	0.88	-	0.13	0.04
Other Current Liabilities	55.15	46.98	1.12	1.34	1.07	1
Total Current Liabilities	361.87	373.22	110.33	61.24	61.13	26.45
Long-Term Leases	13.01	14.49	16.33	0.27	2.8	5.17
Long-Term Unearned Revenue	7.52	7.71	8	-	-	-
Long-Term Deferred Tax Liabilities	-	-	0.04	0.01	0.02	0.03
Other Long-Term Liabilities	-	-	19.36	14.79	11.35	6.4
Total Liabilities	382.4	395.42	154.06	76.31	75.3	38.06
Common Stock	129.56	129.56	97.17	97.17	97.17	78.98
Additional Paid-In Capital	3,329	3,327	811.06	805.26	798.77	297.24
Retained Earnings	721.3	609.29	214.37	-18.73	-37.39	-81.6
Comprehensive Income & Other	-	-	-	0.01	0.05	-
Shareholders' Equity	4,180	4,066	1,123	883.71	858.6	294.61
Total Liabilities & Equity	4,563	4,461	1,277	960.01	933.9	332.68
Total Debt	117.72	124.21	27.11	4.32	8.46	9.68
Net Cash (Debt)	2,673	2,775	245.15	242.38	392.75	70.72
Net Cash Growth	990.23%	1032.11%	1.14%	-38.29%	455.35%	-
Net Cash Per Share	25.51	28.53	2.52	2.47	4.02	-
Filing Date Shares Outstanding	129.56	129.56	97.17	97.17	97.64	-
Total Common Shares Outstanding	129.56	129.56	97.17	97.17	97.64	-
Working Capital	3,093	3,103	514.86	456.93	556.67	148.78
Book Value Per Share	32.26	31.38	11.55	9.09	8.79	-
Tangible Book Value	4,153	4,041	1,096	855.42	857.93	294.21
Tangible Book Value Per Share	32.06	31.19	11.28	8.80	8.79	-
Machinery	-	678.4	427.41	372.56	220.81	94.19
Construction In Progress	-	296.2	160.09	56.44	63	27.14

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