SHA:688726 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	-	1,074	970.21	1,379	85.97
Short-Term Investments	-	367.85	53.25	-	-
Trading Asset Securities	-	715.62	541	284.73	71.8
Cash & Short-Term Investments	2,541	2,157	1,564	1,663	157.77
Cash Growth	17.77%	37.89%	-5.95%	954.34%	-
Accounts Receivable	-	1,784	1,731	698.52	320.33
Other Receivables	-	12.26	21.03	-3.42	0.32
Receivables	-	1,796	1,752	695.1	320.66
Inventory	-	4,335	6,053	2,103	372.54
Other Current Assets	-	188.31	440.74	260.76	64.7
Total Current Assets	-	8,476	9,810	4,722	915.67
Property, Plant & Equipment	-	339.44	285.99	162.05	112.66
Long-Term Investments	-	979.59	844.88	151.45	30.24
Other Intangible Assets	-	152.63	128.51	32.02	32.46
Long-Term Deferred Tax Assets	-	123.04	101.96	43.41	40.57
Long-Term Deferred Charges	-	26.4	42.46	11.38	3.02
Other Long-Term Assets	-	12.37	10.15	7.88	1.64
Total Assets	-	10,109	11,224	5,131	1,136
Accounts Payable	-	1,841	2,607	1,361	239.44
Accrued Expenses	-	124.32	140.58	81.67	15.52
Short-Term Debt	-	70.05	170.09	-	15.02
Current Portion of Long-Term Debt	-	67.29	31.7	12.91	5.44
Current Income Taxes Payable	-	63.59	60.26	1.56	-
Current Unearned Revenue	-	3,932	5,678	1,783	380.96
Other Current Liabilities	-	175.38	296.84	166.67	74.39
Total Current Liabilities	-	6,274	8,985	3,407	730.78
Long-Term Debt	-	165.22	61.47	-	-
Long-Term Leases	-	57.4	31.47	74.49	55.08
Long-Term Unearned Revenue	-	2.74	-	-	-
Other Long-Term Liabilities	-	70.03	35.55	17.22	22.11
Total Liabilities	-	6,569	9,113	3,499	807.96
Common Stock	-	405.33	364.79	364.79	12.63
Additional Paid-In Capital	-	1,782	1,127	1,071	555.71
Retained Earnings	-	1,336	606.4	195.59	-240.15
Comprehensive Income & Other	-	0.05	-0.05	0	0.09
Total Common Equity	4,020	3,524	2,098	1,631	328.28
Minority Interest	-	16.5	13.27	0.76	-
Shareholders' Equity	4,038	3,540	2,111	1,632	328.28
Total Liabilities & Equity	-	10,109	11,224	5,131	1,136
Total Debt	281.15	359.95	294.72	87.4	75.54
Net Cash (Debt)	2,259	1,797	1,270	1,576	82.23
Net Cash Growth	25.72%	41.54%	-19.43%	1816.61%	-
Net Cash Per Share	5.57	4.83	3.49	4.40	-
Filing Date Shares Outstanding	405.54	405.33	364.79	358.25	-
Total Common Shares Outstanding	405.33	405.33	364.79	358.25	-
Working Capital	-	2,202	825.57	1,316	184.89
Book Value Per Share	9.92	8.69	5.75	4.55	-
Tangible Book Value	3,876	3,371	1,969	1,599	295.82
Tangible Book Value Per Share	9.56	8.32	5.40	4.46	-
Buildings	-	167.28	70.3	33.9	33.9
Machinery	-	115.16	78.24	36.9	14.6
Construction In Progress	-	34.05	112.96	19.6	8.84

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