SHA:688031 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	-	583.27	352.75	282.52	53.5
Short-Term Investments	-	30.15	131.92	-	-
Trading Asset Securities	-	71.65	595.17	1,262	491.06
Cash & Short-Term Investments	461.3	685.07	1,080	1,544	544.56
Cash Growth	-32.66%	-36.56%	-30.07%	183.57%	-27.33%
Accounts Receivable	-	376.82	413.17	267.54	194.08
Other Receivables	-	17.44	8.37	8.18	6.62
Receivables	-	394.26	421.54	275.72	200.7
Inventory	-	51.61	50.25	48.78	42.88
Other Current Assets	-	7.16	7.39	4.81	15.93
Total Current Assets	-	1,138	1,559	1,874	804.07
Property, Plant & Equipment	-	169.05	136.04	54.31	46.64
Long-Term Investments	-	35.89	27.01	-	-
Other Intangible Assets	-	52.8	21.87	0.19	0.15
Long-Term Deferred Charges	-	0.42	1.08	3.01	2.93
Other Long-Term Assets	-	-	47.83	16.28	-
Total Assets	-	1,396	1,793	1,947	853.79
Accounts Payable	-	86.25	86.84	46	37.94
Accrued Expenses	-	45.61	89.77	84.98	76.16
Short-Term Debt	-	40.03	55.55	-	-
Current Portion of Leases	-	17.21	14.9	20.08	12.3
Current Unearned Revenue	-	62.57	38.45	22.58	50.53
Other Current Liabilities	-	10.41	9.06	11.1	8.71
Total Current Liabilities	-	262.08	294.56	184.74	185.64
Long-Term Leases	-	16.72	24.06	15.55	18.25
Long-Term Unearned Revenue	-	5.45	10.26	22.69	19.67
Other Long-Term Liabilities	-	17.57	24.15	15.66	13.71
Total Liabilities	-	301.82	353.03	238.64	237.27
Common Stock	-	120.84	120.84	120.84	90.63
Additional Paid-In Capital	-	2,297	2,298	2,278	943.39
Retained Earnings	-	-1,319	-975.76	-687.52	-416.17
Comprehensive Income & Other	-	-	-	-	0.31
Total Common Equity	894.46	1,099	1,443	1,711	618.16
Minority Interest	-	-4.29	-3.47	-2.54	-1.64
Shareholders' Equity	894.46	1,094	1,440	1,709	616.52
Total Liabilities & Equity	-	1,396	1,793	1,947	853.79
Total Debt	50.61	73.95	94.5	35.62	30.55
Net Cash (Debt)	410.7	611.12	985.34	1,509	514
Net Cash Growth	-32.80%	-37.98%	-34.69%	193.50%	-31.41%
Net Cash Per Share	3.40	5.05	8.17	15.79	5.67
Filing Date Shares Outstanding	119.64	120.84	120.84	120.84	90.63
Total Common Shares Outstanding	121.14	120.84	120.84	120.84	90.63
Working Capital	-	876.02	1,264	1,689	618.43
Book Value Per Share	7.38	9.09	11.94	14.16	6.82
Tangible Book Value	849.65	1,046	1,421	1,711	618.01
Tangible Book Value Per Share	7.01	8.66	11.76	14.16	6.82
Machinery	-	207.76	140.11	57.34	45.9
Construction In Progress	-	-	3.66	-	1.09

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