SHA:688011 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	34.36	42	119.96	425.93	318.66	353.44
Trading Asset Securities	584.21	594.05	564.32	262.53	384.55	394.3
Cash & Short-Term Investments	618.57	636.05	684.28	688.47	703.21	747.74
Cash Growth	-4.98%	-7.05%	-0.61%	-2.10%	-5.96%	-10.38%
Accounts Receivable	165	159.51	175.97	182.22	210.16	209.14
Other Receivables	7.99	6.21	4.89	2.9	3.4	2.38
Receivables	172.99	165.73	180.87	185.11	213.56	211.53
Inventory	125.75	107.03	82.04	118.58	123.95	128.58
Prepaid Expenses	-	-	-	0.01	0.03	0.02
Other Current Assets	23.09	29.1	35.79	22.27	26.98	49.08
Total Current Assets	940.4	937.9	982.98	1,014	1,068	1,137
Property, Plant & Equipment	217.42	220.52	217.32	220.83	213.12	173.7
Long-Term Investments	15.05	15.88	21.24	-	-	-
Other Intangible Assets	26.27	26.5	26.82	24.28	22.04	23.23
Long-Term Deferred Tax Assets	8.99	8.89	8.99	22.99	16.84	9.59
Long-Term Deferred Charges	0.08	0.1	0.2	0.5	0.98	1.96
Other Long-Term Assets	13.67	12.45	11.93	23.98	36.17	30.79
Total Assets	1,222	1,222	1,269	1,307	1,357	1,376
Accounts Payable	48.6	44.68	56.63	40.74	49.24	37.18
Accrued Expenses	4.38	13.3	16.2	9.63	15.24	13.04
Current Portion of Leases	0.61	0.6	1.28	1.75	0.48	1.3
Current Income Taxes Payable	5.36	-	-	-	-	0.29
Current Unearned Revenue	57.83	70.01	61.17	62.36	50.06	47.55
Other Current Liabilities	11.88	8.03	8.45	8.54	6.82	4.07
Total Current Liabilities	128.66	136.62	143.73	123.01	121.84	103.41
Long-Term Leases	-	-	-	1.06	0.5	0.55
Long-Term Unearned Revenue	45.67	30.5	33.38	37.41	38.49	35.52
Long-Term Deferred Tax Liabilities	0.23	0.27	0.36	1.47	0.08	0.09
Other Long-Term Liabilities	0.1	0.1	0.43	-	-	-
Total Liabilities	174.65	167.48	177.91	162.95	160.91	139.56
Common Stock	100	100	100	100	100	100
Additional Paid-In Capital	1,048	1,041	1,041	1,023	1,029	1,030
Retained Earnings	-84.52	-69.11	-31.45	36.51	75.68	100.35
Treasury Stock	-20.24	-20.24	-20.24	-20.24	-13.6	-
Comprehensive Income & Other	5.07	4.68	3.06	1.77	0.24	-
Total Common Equity	1,049	1,056	1,092	1,141	1,192	1,231
Minority Interest	-1.37	-1.38	-0.59	2.57	4.38	5.92
Shareholders' Equity	1,047	1,055	1,092	1,144	1,196	1,237
Total Liabilities & Equity	1,222	1,222	1,269	1,307	1,357	1,376
Total Debt	0.61	0.6	1.28	2.81	0.98	1.84
Net Cash (Debt)	617.96	635.45	683	685.65	702.23	745.9
Net Cash Growth	-4.96%	-6.96%	-0.39%	-2.36%	-5.85%	-7.84%
Net Cash Per Share	6.18	6.36	6.83	6.86	7.03	7.35
Filing Date Shares Outstanding	99.16	99.16	99.16	99.16	100	100
Total Common Shares Outstanding	99.16	99.16	99.16	99.16	100	100
Working Capital	811.74	801.28	839.24	891.42	945.88	1,034
Book Value Per Share	10.57	10.65	11.01	11.51	11.92	12.31
Tangible Book Value	1,022	1,030	1,065	1,117	1,170	1,207
Tangible Book Value Per Share	10.31	10.38	10.74	11.27	11.70	12.07
Buildings	-	205.05	206.48	187.56	77.97	82.54
Machinery	-	107.49	101.87	92.95	77.69	60.93
Construction In Progress	-	21.25	4.42	7.24	112.02	79.26