SHA:688038 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	-	75.91	89.1	114.39	134.17
Trading Asset Securities	-	23.52	94.34	74.02	120.8
Cash & Short-Term Investments	38.48	99.42	183.44	188.41	254.97
Cash Growth	-61.30%	-45.80%	-2.64%	-26.11%	57.70%
Accounts Receivable	-	699.24	532.1	553.9	424.64
Other Receivables	-	114.35	121.4	106.89	92.23
Receivables	-	813.59	653.5	660.78	516.87
Inventory	-	20.92	24.12	27.19	27.99
Other Current Assets	-	22.26	33.6	31.38	38.57
Total Current Assets	-	956.19	894.67	907.77	838.4
Property, Plant & Equipment	-	19.17	15.27	16.44	10.97
Long-Term Investments	-	0.01	0.03	0.86	-
Other Intangible Assets	-	1.75	2.08	2.67	1.43
Long-Term Accounts Receivable	-	16.85	128.7	128.4	185.13
Long-Term Deferred Tax Assets	-	38.21	31.94	11.48	5.46
Long-Term Deferred Charges	-	4.89	6.9	2.72	2.18
Other Long-Term Assets	-	166.29	184.88	241.16	157.81
Total Assets	-	1,203	1,264	1,311	1,201
Accounts Payable	-	256.82	188.79	231.6	200.42
Accrued Expenses	-	41.67	29.46	27.3	31.19
Short-Term Debt	-	145.52	131.16	120.14	126.21
Current Portion of Long-Term Debt	-	110.6	148.15	17.5	15.11
Current Portion of Leases	-	2.02	1.82	3.15	1.32
Current Income Taxes Payable	-	1.96	1.97	2.13	4.54
Current Unearned Revenue	-	19.76	25.59	25.74	25.73
Other Current Liabilities	-	3.31	5.96	9.88	2.6
Total Current Liabilities	-	581.64	532.9	437.44	407.12
Long-Term Debt	-	20	110.45	147.55	51.48
Long-Term Leases	-	2.51	3.13	4.76	1.68
Long-Term Unearned Revenue	-	0.62	-	0.51	0.69
Long-Term Deferred Tax Liabilities	-	0.03	0.34	0.21	0.06
Total Liabilities	-	604.81	646.82	590.46	461.02
Common Stock	-	116.37	116.37	116.37	116.37
Additional Paid-In Capital	-	391.44	391.44	391.44	390.68
Retained Earnings	-	92.61	110.71	213.22	233.3
Total Common Equity	591.59	600.42	618.53	721.03	740.36
Minority Interest	-	-1.85	-0.87	-	-
Shareholders' Equity	591.59	598.57	617.66	721.03	740.36
Total Liabilities & Equity	-	1,203	1,264	1,311	1,201
Total Debt	191.71	280.65	394.7	293.1	195.8
Net Cash (Debt)	-153.23	-181.22	-211.26	-104.69	59.16
Net Cash Growth	-	-	-	-	107.24%
Net Cash Per Share	-1.15	-1.60	-1.81	-0.87	0.60
Filing Date Shares Outstanding	181.75	116.37	116.37	116.37	116.37
Total Common Shares Outstanding	116.37	116.37	116.37	116.37	116.37
Working Capital	-	374.55	361.77	470.33	431.28
Book Value Per Share	5.08	5.16	5.32	6.20	6.36
Tangible Book Value	590.07	598.67	616.44	718.37	738.93
Tangible Book Value Per Share	5.07	5.14	5.30	6.17	6.35
Buildings	-	15.41	8	8	8
Machinery	-	18.22	18.95	17.23	15.15

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.