SHA:688143 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	145.93	237.04	214.81	827.67	95.45
Trading Asset Securities	306.04	283.26	511.92	-	-
Cash & Short-Term Investments	451.98	520.3	726.73	827.67	95.45
Cash Growth	-13.13%	-28.41%	-12.20%	767.14%	-
Accounts Receivable	529.43	404.27	287.22	304.22	232.7
Other Receivables	1.74	9.46	1.98	16.74	0.01
Receivables	531.17	413.73	289.2	320.96	232.71
Inventory	113.53	73.59	64.02	46.89	33.04
Prepaid Expenses	-	1.2	0.41	-	-
Other Current Assets	28.37	13.55	23.16	14.82	9.21
Total Current Assets	1,125	1,022	1,104	1,210	370.41
Property, Plant & Equipment	597.57	404.56	228.03	165.13	148.51
Long-Term Investments	52.32	7.08	-	-	-
Goodwill	112.8	-	-	-	-
Other Intangible Assets	26.01	23.58	14.72	14.63	14.76
Long-Term Deferred Tax Assets	26.74	14.94	10.31	8.53	5.93
Long-Term Deferred Charges	3.52	1.87	1.47	0.95	0.29
Other Long-Term Assets	12.26	12.91	14.57	6.91	1.66
Total Assets	1,956	1,487	1,373	1,406	541.57
Accounts Payable	200.81	161.38	56.92	49.11	21.27
Accrued Expenses	38	33.24	29.35	37.3	30.69
Short-Term Debt	48.02	37.33	5	12.01	43.05
Current Portion of Long-Term Debt	27.86	9.21	-	-	-
Current Income Taxes Payable	9.77	3.28	0.11	6.06	6.8
Current Unearned Revenue	3.91	1.43	8.55	4.98	1.56
Other Current Liabilities	25.98	11.76	9.63	5.91	3.98
Total Current Liabilities	354.34	257.61	109.56	115.38	107.34
Long-Term Debt	190.38	17.41	9.61	10.01	-
Long-Term Leases	1.49	0.42	1.41	1.16	0.67
Long-Term Unearned Revenue	47.39	27.59	19.84	22.49	14.72
Long-Term Deferred Tax Liabilities	2.43	2.61	3.35	3.53	-
Total Liabilities	596.03	305.64	143.76	152.57	122.74
Common Stock	128.78	122.37	122.77	94.13	70.6
Additional Paid-In Capital	1,044	911.67	913.9	935.21	203.57
Retained Earnings	224.87	206.91	188.97	220.47	139.77
Treasury Stock	-49.27	-70.66	-6.71	-	-
Total Common Equity	1,348	1,170	1,219	1,250	413.94
Minority Interest	11.72	11.38	9.94	4.1	4.89
Shareholders' Equity	1,360	1,182	1,229	1,254	418.83
Total Liabilities & Equity	1,956	1,487	1,373	1,406	541.57
Total Debt	267.75	64.36	16.02	23.18	43.72
Net Cash (Debt)	184.23	455.94	710.71	804.49	51.73
Net Cash Growth	-59.59%	-35.85%	-11.66%	1455.28%	-
Net Cash Per Share	1.46	3.81	5.94	8.77	0.56
Filing Date Shares Outstanding	148.54	119.75	122.37	122.37	90.86
Total Common Shares Outstanding	148.54	119.75	122.37	122.37	90.86
Working Capital	770.71	764.75	993.97	1,095	263.07
Book Value Per Share	9.08	9.77	9.96	10.21	4.56
Tangible Book Value	1,210	1,147	1,204	1,235	399.18
Tangible Book Value Per Share	8.14	9.58	9.84	10.09	4.39
Buildings	-	141.82	143.35	114.51	108.63
Machinery	-	132.27	114.29	94.74	69.66
Construction In Progress	-	199.69	28.31	1.61	11.37

Source: S&P Capital IQ. Standard template. Financial Sources.