Shanghai Join Buy 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	490.09	434.23	377.8	325.09	305.19
Cash & Short-Term Investments	490.09	434.23	377.8	325.09	305.19
Cash Growth	12.86%	14.94%	16.21%	6.52%	47.89%
Accounts Receivable	6.25	7.31	5.67	7.24	9.71
Other Receivables	1.51	1.67	1.63	1.25	1.19
Receivables	7.77	8.99	7.3	8.5	10.9
Inventory	14.94	16.25	18.02	18.01	18.8
Other Current Assets	2.4	2.25	2.87	8.04	3.85
Total Current Assets	515.19	461.72	405.99	359.63	338.74
Property, Plant & Equipment	68.54	56.94	64.93	61.78	68.03
Long-Term Investments	815.67	809.56	767.34	769.44	901.1
Goodwill	0	0	0	0	0
Other Intangible Assets	63.69	67.07	70.45	73.83	77.21
Long-Term Deferred Charges	4.25	5.26	3.79	3.82	3.95
Other Long-Term Assets	254.04	265.55	278.57	288.45	299.92
Total Assets	1,721	1,666	1,591	1,557	1,689
Accounts Payable	3.13	2.18	2.89	1.78	4.62
Accrued Expenses	-	0.98	1.01	1.37	1.2
Current Portion of Long-Term Debt	5.74	-	-	-	-
Current Portion of Leases	-	6.03	7.49	6.12	6.15
Current Income Taxes Payable	1.78	0	-	-	-
Current Unearned Revenue	36.07	35.85	35.69	35.89	34.91
Other Current Liabilities	12.26	14.24	15.3	16.8	20.14
Total Current Liabilities	58.98	59.29	62.38	61.96	67.01
Long-Term Leases	21.05	7.13	13.27	16.81	20.91
Long-Term Deferred Tax Liabilities	61.87	59.57	44.32	46.56	82.6
Other Long-Term Liabilities	0.3	0.3	0.3	0.3	0.3
Total Liabilities	142.2	126.3	120.26	125.62	170.82
Common Stock	400.88	400.88	400.88	400.88	400.88
Additional Paid-In Capital	183.69	183.69	183.69	183.69	183.69
Retained Earnings	809.04	776.54	753.35	707.19	685.76
Comprehensive Income & Other	185.57	178.7	132.89	139.58	247.81
Shareholders' Equity	1,579	1,540	1,471	1,431	1,518
Total Liabilities & Equity	1,721	1,666	1,591	1,557	1,689
Total Debt	26.8	13.17	20.76	22.92	27.06
Net Cash (Debt)	463.29	421.07	357.04	302.17	278.13
Net Cash Growth	10.03%	17.93%	18.16%	8.64%	34.77%
Net Cash Per Share	1.16	1.05	0.89	0.75	0.69
Filing Date Shares Outstanding	400.47	400.88	400.88	400.88	400.88
Total Common Shares Outstanding	400.47	400.88	400.88	400.88	400.88
Working Capital	456.21	402.43	343.61	297.67	271.73
Book Value Per Share	3.94	3.84	3.67	3.57	3.79
Tangible Book Value	1,515	1,473	1,400	1,358	1,441
Tangible Book Value Per Share	3.78	3.67	3.49	3.39	3.59
Buildings	-	49.56	48.42	48.42	48.42
Machinery	-	22.08	16.98	17.7	17.55
Construction In Progress	-	-	4.88	-	-

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