SHA:688070 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	167.19	191.01	187.58	207.02	301.74
Trading Asset Securities	10.21	45.31	30.18	40.04	67.05
Cash & Short-Term Investments	177.41	236.32	217.76	247.06	368.78
Cash Growth	-24.93%	8.52%	-11.86%	-33.01%	123.35%
Accounts Receivable	309.68	171.97	122.4	122.91	111.28
Other Receivables	4.21	5.07	6.18	10.3	8.32
Receivables	313.88	177.04	128.58	133.2	119.6
Inventory	189.12	202.25	132.86	126.12	71.9
Other Current Assets	50.23	42.18	46.16	50.86	29.42
Total Current Assets	730.64	657.79	525.37	557.24	589.7
Property, Plant & Equipment	258.53	268.02	300.03	308.23	216.32
Long-Term Investments	17.5	11.79	13.65	7.73	4.85
Other Intangible Assets	67.68	82.28	25.13	19.69	14.85
Long-Term Deferred Tax Assets	22.57	25.97	29.29	29.99	19.94
Long-Term Deferred Charges	57.79	10.63	42.65	18.4	10.81
Other Long-Term Assets	12.42	0.97	4.59	9.72	9.15
Total Assets	1,167	1,057	940.71	951.01	865.62
Accounts Payable	149.49	149.97	58.73	85.8	49.13
Accrued Expenses	56.29	27.49	26.46	22.51	20.66
Short-Term Debt	27.02	86.72	102.08	49.81	7.01
Current Portion of Long-Term Debt	42.54	17.97	40.55	0.5	-
Current Portion of Leases	5.59	2.28	2.33	4.28	6.5
Current Income Taxes Payable	1.44	0.49	1.44	1.68	1.38
Current Unearned Revenue	75.19	106.04	43.51	24.35	16.71
Other Current Liabilities	30.28	40.36	21.38	56.05	43.93
Total Current Liabilities	387.83	431.32	296.48	244.98	145.32
Long-Term Debt	19	40	19	9.5	-
Long-Term Leases	7.67	2.4	1.96	6.05	8.48
Long-Term Unearned Revenue	14.46	12.65	12.68	15.18	12.05
Long-Term Deferred Tax Liabilities	1.82	0.75	0.66	1.29	0.01
Other Long-Term Liabilities	137.28	-	2.87	1.67	2.08
Total Liabilities	568.05	487.11	333.65	278.67	167.93
Common Stock	87.58	87.58	87.58	87.58	87.58
Additional Paid-In Capital	584.16	567.68	567.68	567.68	566.7
Retained Earnings	-74.84	-85.52	-49.73	14.77	40.96
Comprehensive Income & Other	-2.45	-	-	-	-
Total Common Equity	594.45	569.75	605.54	670.04	695.24
Minority Interest	4.64	0.57	1.52	2.3	2.44
Shareholders' Equity	599.09	570.32	607.06	672.34	697.69
Total Liabilities & Equity	1,167	1,057	940.71	951.01	865.62
Total Debt	101.82	149.36	165.93	70.14	21.99
Net Cash (Debt)	75.59	86.95	51.84	176.92	346.8
Net Cash Growth	-13.07%	67.75%	-70.70%	-48.98%	177.21%
Net Cash Per Share	0.85	1.00	0.59	2.04	4.08
Filing Date Shares Outstanding	87.58	87.58	87.58	87.58	87.58
Total Common Shares Outstanding	87.58	87.58	87.58	87.58	87.58
Working Capital	342.82	226.47	228.89	312.26	444.38
Book Value Per Share	6.79	6.51	6.91	7.65	7.94
Tangible Book Value	526.77	487.47	580.41	650.35	680.4
Tangible Book Value Per Share	6.01	5.57	6.63	7.43	7.77
Buildings	232.97	232.97	232.97	142.7	0.6
Machinery	118.81	114.97	125.43	105.32	78.52
Construction In Progress	-	0.05	0.05	90.85	148.6

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