SHA:688069 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	132.18	506.37	266.75	219.59	529.39	232.61
Short-Term Investments	-	85.78	75.46	10.12	0.67	-
Trading Asset Securities	355.7	5.01	389.48	480.28	342.02	561.7
Cash & Short-Term Investments	487.88	597.16	731.69	709.98	872.08	794.31
Cash Growth	-8.89%	-18.39%	3.06%	-18.59%	9.79%	-13.58%
Accounts Receivable	714.22	778.95	568.19	555.77	619.32	784.79
Other Receivables	2.08	1.9	3.56	6.28	5.28	7.85
Receivables	716.3	780.85	571.74	562.04	624.6	792.64
Inventory	81.06	54.55	16.46	48.21	91.95	65.6
Other Current Assets	97.63	7.14	8.08	15.36	9.77	10.08
Total Current Assets	1,383	1,440	1,328	1,336	1,598	1,663
Property, Plant & Equipment	115.9	119.45	104.73	87.8	78.08	121.27
Long-Term Investments	3.55	84.86	96.3	166.45	-	-
Other Intangible Assets	10.59	10.72	38.8	47.58	54.91	8.81
Long-Term Deferred Tax Assets	63.56	60.89	42.43	31.83	26.02	11.48
Long-Term Deferred Charges	1.2	6.64	13.01	13.41	26.64	34.45
Other Long-Term Assets	86.55	-	-	-	-	-
Total Assets	1,664	1,722	1,623	1,683	1,784	1,839
Accounts Payable	298.94	344.48	266.75	164.84	218.08	245.7
Accrued Expenses	3.8	34.56	33.25	30.34	19.67	26.2
Short-Term Debt	14.01	-	-	16.01	23.02	20.03
Current Portion of Leases	0.06	0.06	-	1.16	0.69	0.26
Current Income Taxes Payable	20.37	18.2	12.42	0.46	15.38	21
Current Unearned Revenue	14.47	12.23	3.87	26.25	10.98	22.6
Other Current Liabilities	10.66	8.2	6.54	5.04	10.18	16.2
Total Current Liabilities	362.3	417.73	322.83	244.1	298.01	351.99
Long-Term Leases	-	0.05	-	0.67	0.47	0.02
Long-Term Unearned Revenue	-	-	-	6	6	-
Long-Term Deferred Tax Liabilities	0.16	0.06	0.18	0.87	0.41	0.26
Other Long-Term Liabilities	0.97	0.97	58.11	0.93	-	-
Total Liabilities	363.44	418.81	381.12	252.57	304.89	352.26
Common Stock	113	113	113	115.81	83.2	59.47
Additional Paid-In Capital	881.97	877.46	871.32	938.25	970.88	995.03
Retained Earnings	363.72	370.85	315.78	425.95	454.88	431.77
Treasury Stock	-61.7	-61.7	-61.7	-53.36	-29.9	-
Total Common Equity	1,297	1,300	1,238	1,427	1,479	1,486
Minority Interest	3.8	3.84	3.71	3.43	0.09	0.1
Shareholders' Equity	1,301	1,303	1,242	1,430	1,479	1,486
Total Liabilities & Equity	1,664	1,722	1,623	1,683	1,784	1,839
Total Debt	14.06	0.11	-	17.84	24.18	20.3
Net Cash (Debt)	473.82	597.05	731.69	692.15	847.89	774.01
Net Cash Growth	-11.36%	-18.40%	5.71%	-18.37%	9.55%	-15.79%
Net Cash Per Share	4.48	5.44	6.62	6.18	7.36	6.64
Filing Date Shares Outstanding	109.08	109.08	109.08	114.02	114.12	116.56
Total Common Shares Outstanding	109.08	109.08	109.08	114.02	115.2	116.56
Working Capital	1,021	1,022	1,005	1,091	1,300	1,311
Book Value Per Share	11.89	11.91	11.35	12.51	12.84	12.75
Tangible Book Value	1,286	1,289	1,200	1,379	1,424	1,477
Tangible Book Value Per Share	11.79	11.82	11.00	12.09	12.36	12.68
Buildings	-	-	-	60.55	61.16	63.28
Machinery	-	89.7	64.88	41.07	34.14	21.57
Construction In Progress	-	3.29	-	11.85	-	46.47

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