SHA:688018 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	1,292	1,025	673.88	464.01	350.68	367.15
Short-Term Investments	-	950.4	212.59	94.51	190.83	170
Trading Asset Securities	883.54	876.01	-	90.32	461.22	747.41
Cash & Short-Term Investments	2,176	2,851	886.48	648.83	1,003	1,285
Cash Growth	-18.66%	221.63%	36.63%	-35.29%	-21.94%	-5.62%
Accounts Receivable	465.09	363.64	357.03	293.72	200.64	318.42
Other Receivables	13.1	56.55	32.48	13.51	37.32	43.29
Receivables	478.19	427.09	393.89	311.95	237.95	361.72
Inventory	919.35	627.64	485.62	242.35	448.98	326.17
Other Current Assets	248.69	28.95	19.51	12.56	19.24	14.95
Total Current Assets	3,822	3,935	1,785	1,216	1,709	1,987
Property, Plant & Equipment	610.36	585.91	119.12	92.34	81.94	67.91
Long-Term Investments	579.91	294.4	478.73	823.98	267.7	56.6
Goodwill	74.65	74.65	74.65	-	-	-
Other Intangible Assets	24.5	26.66	30.85	1.63	2.41	3.19
Long-Term Deferred Tax Assets	107.47	108.49	101.16	60.81	15.27	6.37
Long-Term Deferred Charges	40.12	22.75	19.45	9.34	6.57	7.58
Other Long-Term Assets	-	-	40	-	-	-
Total Assets	5,259	5,048	2,649	2,204	2,083	2,129

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	214.24	187.53	160.74	79.84	77.92	138.57
Accrued Expenses	134.25	160.13	140.24	102.84	90.24	72.61
Short-Term Debt	-	-	0.5	-	-	-
Current Portion of Leases	8.9	6.94	11.71	8.59	9.61	8.64
Current Income Taxes Payable	9.21	0.07	5.52	0.01	0.01	0.03
Current Unearned Revenue	43.31	23.38	20.88	13.32	9.04	17.18
Other Current Liabilities	18.86	38.48	13.55	12.03	3.7	0.75
Total Current Liabilities	428.77	416.53	353.14	216.63	190.53	237.79
Long-Term Leases	25.96	23.7	14.8	8.45	12.84	12.12
Long-Term Deferred Tax Liabilities	137.05	117.01	101.53	65.09	52.75	56.13
Other Long-Term Liabilities	0.61	0.64	0.62	0.63	-	-
Total Liabilities	592.39	557.88	470.1	290.8	256.12	306.04

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	234.38	167.14	112.2	80.79	80.48	80.16
Additional Paid-In Capital	2,947	3,041	1,351	1,359	1,310	1,267
Retained Earnings	1,770	1,301	869.46	596.6	460.4	491.8
Treasury Stock	-302.43	-67.43	-208.68	-146.97	-40.97	-
Comprehensive Income & Other	-15.99	17.64	25.62	24.07	16.95	-15.71
Total Common Equity	4,633	4,459	2,150	1,913	1,827	1,823
Minority Interest	33.74	31.36	29.39	-	-	-
Shareholders' Equity	4,666	4,490	2,179	1,913	1,827	1,823
Total Liabilities & Equity	5,259	5,048	2,649	2,204	2,083	2,129

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	34.85	30.65	27.01	17.05	22.45	20.76
Net Cash (Debt)	2,141	2,821	859.47	631.79	980.29	1,264
Net Cash Growth	-12.80%	228.18%	36.04%	-35.55%	-22.43%	-7.14%
Net Cash Per Share	9.13	12.69	3.97	2.86	4.45	5.70
Filing Date Shares Outstanding	231.66	232.41	215.5	214.75	219.62	219.96
Total Common Shares Outstanding	231.66	232.41	215.5	214.75	219.62	219.96
Working Capital	3,393	3,518	1,432	999.07	1,518	1,750
Book Value Per Share	20.00	19.18	9.98	8.91	8.32	8.29
Tangible Book Value	4,534	4,357	2,044	1,911	1,824	1,820
Tangible Book Value Per Share	19.57	18.75	9.49	8.90	8.31	8.27
Buildings	-	412.66	-	-	-	-
Machinery	-	278.05	194.54	153.12	118.33	86.7