SHA:688056 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	233.2	261.96	288.55	472.91	372.84	494.58
Trading Asset Securities	264.79	258.19	235.52	75.08	170.35	75
Cash & Short-Term Investments	497.99	520.15	524.07	548	543.19	569.58
Cash Growth	-4.44%	-0.75%	-4.37%	0.89%	-4.63%	-7.62%
Accounts Receivable	59.89	56.47	59.66	57.86	54.29	44.49
Other Receivables	1.9	1.2	1.18	2.79	2.38	4.29
Receivables	61.78	57.67	60.84	60.65	56.67	48.78
Inventory	186.84	176.57	170.42	168.44	156.21	100.83
Other Current Assets	14.48	11.21	12.19	20.66	20.36	17.92
Total Current Assets	761.1	765.6	767.51	797.75	776.42	737.11
Property, Plant & Equipment	127.18	130.23	143.2	151.44	142.25	110.87
Long-Term Investments	10	10	10	10	-	-
Goodwill	5.09	5.09	7.25	15.72	20.67	19.53
Other Intangible Assets	19.73	20.08	21.38	22.47	16.51	16.12
Long-Term Deferred Tax Assets	3.24	3.18	4.54	4.96	2.83	4.24
Long-Term Deferred Charges	1.04	1.23	1.82	2.16	2.85	4.6
Total Assets	927.37	935.4	955.71	1,004	961.53	892.47
Accounts Payable	47.66	41.74	39.6	42.29	41.16	23.94
Accrued Expenses	13.55	13.99	17.44	16.66	18.51	19.06
Current Portion of Long-Term Debt	0.81	0.88	-	-	-	-
Current Portion of Leases	-	-	1.06	0.66	0.3	0.36
Current Income Taxes Payable	2.06	3.45	1.27	1.23	1.18	1.03
Current Unearned Revenue	37.56	49.27	62.49	74.47	56.88	43.89
Other Current Liabilities	8.23	11.7	11.8	13.06	12.27	13.32
Total Current Liabilities	109.87	121.03	133.66	148.37	130.31	101.6
Long-Term Leases	0.95	0.95	1.8	2.27	0.03	0.24
Long-Term Unearned Revenue	0.57	0.58	1.23	3.1	2.66	2.67
Long-Term Deferred Tax Liabilities	1.06	1.06	1.21	1.22	1.39	0.55
Other Long-Term Liabilities	1.48	1.52	0.22	0.21	0.46	0.99
Total Liabilities	113.93	125.13	138.12	155.17	134.85	106.05
Common Stock	67.45	67.45	67.45	67.24	67.24	67
Additional Paid-In Capital	409.85	409.85	413.51	409.57	403.47	397.68
Retained Earnings	347.12	340.51	340.18	362.28	348.16	327.06
Treasury Stock	-17.01	-17.01	-17.01	-	-	-
Comprehensive Income & Other	6.03	9.47	13.46	10.24	7.8	-5.31
Total Common Equity	813.44	810.27	817.59	849.32	826.68	786.43
Shareholders' Equity	813.44	810.27	817.59	849.32	826.68	786.43
Total Liabilities & Equity	927.37	935.4	955.71	1,004	961.53	892.47
Total Debt	1.76	1.83	2.87	2.93	0.33	0.6
Net Cash (Debt)	496.23	518.33	521.2	545.06	542.86	568.98
Net Cash Growth	-4.30%	-0.55%	-4.38%	0.41%	-4.59%	-7.71%
Net Cash Per Share	7.40	7.70	7.86	8.11	8.15	8.52
Filing Date Shares Outstanding	66.12	70.04	66.78	67.24	67.24	67
Total Common Shares Outstanding	66.12	70.04	66.78	67.24	67.24	67
Working Capital	651.23	644.58	633.85	649.38	646.12	635.51
Book Value Per Share	12.30	11.57	12.24	12.63	12.30	11.74
Tangible Book Value	788.63	785.1	788.96	811.14	789.5	750.77
Tangible Book Value Per Share	11.93	11.21	11.81	12.06	11.74	11.21
Buildings	-	-	165.45	160.96	151.35	83.99
Machinery	-	-	48.55	46.11	34.84	24.8
Construction In Progress	-	-	-	1.04	3.24	41

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