SHA:688113 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	191.06	196.52	215.07	258.28	231.11	325.79
Trading Asset Securities	60.38	67.25	30.4	33.35	173.25	70.41
Cash & Short-Term Investments	251.43	263.77	245.47	291.63	404.36	396.2
Cash Growth	20.23%	7.46%	-15.83%	-27.88%	2.06%	214.75%
Accounts Receivable	291.33	332.41	305.44	297.15	224.14	227.24
Other Receivables	11.01	6.61	5.41	7.05	6.55	4.69
Receivables	302.33	339.03	310.85	304.2	230.69	231.93
Inventory	392.6	360.53	246.3	257.21	253.74	204.24
Other Current Assets	38.44	41.46	47.91	34.5	36.89	9.3
Total Current Assets	984.8	1,005	850.52	887.54	925.68	841.67
Property, Plant & Equipment	306.94	310.17	324.52	272	143.6	97.74
Long-Term Investments	125.43	124.36	69.52	21.33	9.05	-
Goodwill	17.05	17.05	17.05	17.05	17.05	11.85
Other Intangible Assets	13.83	14	14.69	15.63	16.73	13.76
Long-Term Deferred Tax Assets	20.46	19.46	15.85	17.21	14.23	10.82
Long-Term Deferred Charges	2.84	2.13	1.57	0.04	0.26	-
Other Long-Term Assets	10.72	12.09	17.73	25.43	7.89	5.27
Total Assets	1,482	1,504	1,311	1,256	1,135	981.11
Accounts Payable	128.83	136.14	15.64	43.28	21.69	23.26
Accrued Expenses	7.41	14.49	15.04	18.14	20.75	14.75
Short-Term Debt	-	-	10	-	-	-
Current Portion of Long-Term Debt	5.49	5.46	-	-	-	-
Current Portion of Leases	-	-	5.28	2.01	1.53	0.12
Current Income Taxes Payable	8.56	9.47	1.76	4.86	12.53	4.44
Current Unearned Revenue	227.2	255.99	152.13	147.12	167.41	153.01
Other Current Liabilities	24.21	21.89	122.1	107.58	86.58	79.42
Total Current Liabilities	401.7	443.45	321.95	323	310.51	275
Long-Term Leases	9.7	10.65	13.5	8.02	0.09	0.11
Long-Term Unearned Revenue	26.19	26.46	27.54	27.74	26.37	17.27
Long-Term Deferred Tax Liabilities	0.77	0.78	0.06	0.08	0.1	0.17
Other Long-Term Liabilities	5.4	5.02	4.1	3	2.61	2.31
Total Liabilities	443.76	486.35	367.15	361.84	339.66	294.85
Common Stock	64.4	64.4	64.4	64.03	63.7	63.7
Additional Paid-In Capital	409.1	406.57	398.16	397.16	378.6	366.25
Retained Earnings	530.7	502.29	439.79	393.8	315.37	241.85
Treasury Stock	-13.78	-4	-	-	-	-
Comprehensive Income & Other	20.49	20.39	16.18	16.76	17.43	14.46
Total Common Equity	1,011	989.65	918.52	871.75	775.1	686.26
Minority Interest	27.42	28.06	25.77	22.64	19.74	-0
Shareholders' Equity	1,038	1,018	944.29	894.39	794.84	686.26
Total Liabilities & Equity	1,482	1,504	1,311	1,256	1,135	981.11
Total Debt	15.19	16.11	28.79	10.03	1.62	0.23
Net Cash (Debt)	236.24	247.66	216.68	281.6	402.74	395.97
Net Cash Growth	32.44%	14.30%	-23.05%	-30.08%	1.71%	214.58%
Net Cash Per Share	3.68	3.85	3.39	4.38	6.30	6.78
Filing Date Shares Outstanding	64.56	63.85	64.4	64.03	63.7	63.7
Total Common Shares Outstanding	64.56	63.85	64.4	64.03	63.7	63.7
Working Capital	583.11	561.34	528.57	564.54	615.18	566.67
Book Value Per Share	15.66	15.50	14.26	13.62	12.17	10.77
Tangible Book Value	980.02	958.6	886.79	839.07	741.31	660.66
Tangible Book Value Per Share	15.18	15.01	13.77	13.11	11.64	10.37
Buildings	-	-	68.19	57.29	33.07	33.52
Machinery	-	-	312.59	206.33	124.55	105.63
Construction In Progress	-	-	18.69	68.38	40.82	3.03
Order Backlog	-	-	501	-	-	-

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