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	353.96	583.27	352.75	282.52	53.5
Short-Term Investments	30.36	30.15	131.92	-	-
Trading Asset Securities	71.59	71.65	595.17	1,262	491.06
Cash & Short-Term Investments	455.91	685.07	1,080	1,544	544.56
Cash Growth	-33.45%	-36.56%	-30.07%	183.57%	-27.33%
Accounts Receivable	325.23	376.82	413.17	267.54	194.08
Other Receivables	16.78	17.44	8.37	8.18	6.62
Receivables	342.01	394.26	421.54	275.72	200.7
Inventory	51.79	51.61	50.25	48.78	42.88
Other Current Assets	23.44	7.16	7.39	4.81	15.93
Total Current Assets	873.14	1,138	1,559	1,874	804.07
Property, Plant & Equipment	115.35	169.05	136.04	54.31	46.64
Long-Term Investments	97.22	35.89	27.01	-	-
Other Intangible Assets	88.39	52.8	21.87	0.19	0.15
Long-Term Deferred Charges	3.94	0.42	1.08	3.01	2.93
Other Long-Term Assets	-	-	47.83	16.28	-
Total Assets	1,178	1,396	1,793	1,947	853.79
Accounts Payable	99.13	86.25	86.84	46	37.94
Accrued Expenses	68.67	45.61	89.77	84.98	76.16
Short-Term Debt	30.04	40.03	55.55	-	-
Current Portion of Leases	15.29	17.21	14.9	20.08	12.3
Current Unearned Revenue	57.27	62.57	38.45	22.58	50.53
Other Current Liabilities	33.46	10.41	9.06	11.1	8.71
Total Current Liabilities	303.86	262.08	294.56	184.74	185.64
Long-Term Leases	1.26	16.72	24.06	15.55	18.25
Long-Term Unearned Revenue	10.41	5.45	10.26	22.69	19.67
Other Long-Term Liabilities	-	17.57	24.15	15.66	13.71
Total Liabilities	315.54	301.82	353.03	238.64	237.27
Common Stock	121.14	120.84	120.84	120.84	90.63
Additional Paid-In Capital	2,306	2,297	2,298	2,278	943.39
Retained Earnings	-1,564	-1,319	-975.76	-687.52	-416.17
Comprehensive Income & Other	-	-	-	-	0.31
Total Common Equity	862.51	1,099	1,443	1,711	618.16
Minority Interest	-	-4.29	-3.47	-2.54	-1.64
Shareholders' Equity	862.51	1,094	1,440	1,709	616.52
Total Liabilities & Equity	1,178	1,396	1,793	1,947	853.79
Total Debt	46.59	73.95	94.5	35.62	30.55
Net Cash (Debt)	409.31	611.12	985.34	1,509	514
Net Cash Growth	-33.02%	-37.98%	-34.69%	193.50%	-31.41%
Net Cash Per Share	3.39	5.05	8.17	15.79	5.67
Filing Date Shares Outstanding	121.14	120.84	120.84	120.84	90.63
Total Common Shares Outstanding	121.14	120.84	120.84	120.84	90.63
Working Capital	569.28	876.02	1,264	1,689	618.43
Book Value Per Share	7.12	9.09	11.94	14.16	6.82
Tangible Book Value	774.13	1,046	1,421	1,711	618.01
Tangible Book Value Per Share	6.39	8.66	11.76	14.16	6.82
Machinery	209.79	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.