SHA:688811 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	99.26	129.29	88.42	7.44
Trading Asset Securities	10	-	-	-
Cash & Short-Term Investments	109.26	129.29	88.42	7.44
Cash Growth	-15.49%	46.23%	1088.80%	-
Accounts Receivable	362.43	353.2	267.01	191.19
Other Receivables	4.77	6.8	6.11	58.04
Receivables	367.2	360	273.13	249.23
Inventory	151.4	171.42	120.68	104.39
Other Current Assets	14.19	11.75	4.63	4.68
Total Current Assets	642.05	672.45	486.86	365.74
Property, Plant & Equipment	245.9	233.81	217.32	162.76
Other Intangible Assets	162.35	39.57	37.68	41.22
Long-Term Deferred Tax Assets	7.82	8.17	7.43	2.17
Long-Term Deferred Charges	1.65	2.56	1.24	0.94
Other Long-Term Assets	0.14	131.49	4.79	3.53
Total Assets	1,060	1,088	755.33	576.36
Accounts Payable	155.2	230.39	163.66	77.54
Accrued Expenses	20.37	10.96	11.92	17.3
Short-Term Debt	27.22	33.42	62.9	17.01
Current Portion of Leases	-	6.66	5.76	4.09
Current Income Taxes Payable	-	0.84	2.58	4.33
Current Unearned Revenue	-	1.85	2.56	3.88
Other Current Liabilities	14.37	16.56	16.79	93.13
Total Current Liabilities	217.16	300.68	266.17	217.3
Long-Term Debt	1.95	-	-	-
Long-Term Leases	21.36	28.02	28.99	0.76
Long-Term Unearned Revenue	3.85	2.63	5.71	7.99
Long-Term Deferred Tax Liabilities	4.55	5.58	5.28	0.71
Other Long-Term Liabilities	-	-	-	0
Total Liabilities	248.87	336.92	306.16	226.77
Common Stock	371.24	371.24	201.03	180.93
Additional Paid-In Capital	254.07	254.03	81.25	47.95
Retained Earnings	173.72	116.82	116.93	79.01
Comprehensive Income & Other	6.95	3.9	1.17	-0
Total Common Equity	805.98	745.99	400.39	307.89
Minority Interest	5.07	5.14	48.78	41.7
Shareholders' Equity	811.05	751.13	449.17	349.59
Total Liabilities & Equity	1,060	1,088	755.33	576.36
Total Debt	50.53	68.1	97.66	21.87
Net Cash (Debt)	58.73	61.19	-9.24	-14.43
Net Cash Growth	-4.03%	-	-	-
Net Cash Per Share	0.16	0.19	-	-
Filing Date Shares Outstanding	365.1	530.34	-	-
Total Common Shares Outstanding	365.1	371.24	-	-
Working Capital	424.89	371.77	220.69	148.44
Book Value Per Share	2.21	2.01	-	-
Tangible Book Value	643.63	706.42	362.7	266.67
Tangible Book Value Per Share	1.76	1.90	-	-
Buildings	-	116.65	116.69	120.91
Machinery	-	142.92	108.69	75.53
Construction In Progress	-	4.1	7.54	3.48

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