SHA:688078 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	43.65	66.51	83.18	99.42	150.57	249.46
Trading Asset Securities	151.17	151.1	100.88	91.31	63.74	-
Cash & Short-Term Investments	194.82	217.61	184.06	190.73	214.31	249.46
Cash Growth	20.97%	18.22%	-3.50%	-11.00%	-14.09%	-18.52%
Accounts Receivable	407.04	426.25	587.1	594.44	473.41	331.53
Other Receivables	10.21	8.56	0.08	-	-	-
Receivables	417.25	434.81	594.17	594.44	473.41	331.53
Inventory	82.1	54.74	45.1	18.53	22.76	31.22
Other Current Assets	12.62	16.84	22.44	20.24	19.94	16.36
Total Current Assets	706.8	723.99	845.77	823.93	730.42	628.57
Property, Plant & Equipment	62.14	66.05	50.89	48.03	50.44	47.88
Long-Term Investments	9.22	9.13	9.56	3.27	2.75	2.61
Goodwill	-	-	9.7	9.7	-	-
Other Intangible Assets	0.58	0.67	0.38	0.67	0.7	0.39
Long-Term Deferred Tax Assets	38.9	38.27	14.34	12.55	10.79	10.55
Long-Term Deferred Charges	2.71	0.68	1.6	1.79	1.3	0.35
Other Long-Term Assets	6.43	3.96	2.4	2.45	2.61	-
Total Assets	826.79	842.75	939.87	902.39	799	690.36
Accounts Payable	73.4	74.31	92.34	88.39	71.36	39.68
Accrued Expenses	14.74	20.41	66.07	58.36	44.33	41.71
Short-Term Debt	8.55	9.15	5	5	-	14.52
Current Portion of Long-Term Debt	-	3.15	-	-	-	-
Current Portion of Leases	-	-	2.56	2.18	2.09	0.62
Current Income Taxes Payable	-	5.64	0.66	4.34	8.46	9.47
Current Unearned Revenue	25.36	13.45	5.94	2.2	9.24	9.58
Other Current Liabilities	9.33	12.05	12.67	11.66	15.79	7.47
Total Current Liabilities	131.38	138.17	185.25	172.12	151.27	123.05
Long-Term Debt	8.6	8.6	-	-	-	-
Long-Term Leases	2.09	1.39	0.37	1.04	1.19	0.22
Long-Term Unearned Revenue	3.46	3.46	0.66	0.38	-	-
Long-Term Deferred Tax Liabilities	2.31	2.39	0.76	0.8	0.47	-
Other Long-Term Liabilities	7.89	8.98	5.4	5.4	-	-
Total Liabilities	155.73	163	192.43	179.75	152.94	123.27
Common Stock	72.89	72.89	72.89	72.05	71.41	70.75
Additional Paid-In Capital	-	376.19	377.18	363.86	351.16	333.9
Retained Earnings	219.25	227.19	290.62	283.53	223.49	162.44
Total Common Equity	668.34	676.27	740.69	719.44	646.06	567.09
Minority Interest	2.72	3.49	6.75	3.2	-	-
Shareholders' Equity	671.05	679.76	747.44	722.64	646.06	567.09
Total Liabilities & Equity	826.79	842.75	939.87	902.39	799	690.36
Total Debt	19.24	22.29	7.93	8.22	3.28	15.36
Net Cash (Debt)	175.58	195.31	176.13	182.51	211.03	234.09
Net Cash Growth	14.04%	10.89%	-3.49%	-13.52%	-9.85%	-23.54%
Net Cash Per Share	2.42	2.66	2.45	2.51	2.90	3.19
Filing Date Shares Outstanding	72.12	72.89	72.89	72.05	71.41	70.75
Total Common Shares Outstanding	72.12	72.89	72.89	72.05	71.41	70.75
Working Capital	575.42	585.82	660.52	651.81	579.15	505.53
Book Value Per Share	9.27	9.28	10.16	9.99	9.05	8.02
Tangible Book Value	667.75	675.6	730.62	709.07	645.37	566.7
Tangible Book Value Per Share	9.26	9.27	10.02	9.84	9.04	8.01
Buildings	-	-	43.85	42.28	43.63	51.27
Machinery	-	-	20.28	17.19	11.29	10.85
Construction In Progress	-	-	-	-	4.57	-

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