SHA:688118 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	58.36	109.04	345.96	350.23	309.86	549.93
Short-Term Investments	-	-	-	93.24	-	-
Trading Asset Securities	250.77	237.71	191.54	120.16	270.46	175.31
Cash & Short-Term Investments	309.13	346.74	537.5	563.64	580.31	725.24
Cash Growth	-36.89%	-35.49%	-4.64%	-2.87%	-19.98%	-11.91%
Accounts Receivable	167.71	182.41	206.77	217.35	177.41	196.92
Other Receivables	4.56	4.45	2.58	3.11	3.55	4.12
Receivables	172.27	186.85	209.34	220.46	180.96	201.04
Inventory	23.94	15.19	20.83	29.24	42.7	25.67
Other Current Assets	110.49	108.94	0.45	4.28	0.62	4.1
Total Current Assets	615.82	657.73	768.14	817.61	804.59	956.05
Property, Plant & Equipment	98.81	98.74	99.83	102.84	98.06	16.63
Long-Term Investments	1	37.01	78.17	38.41	99.05	37.24
Other Intangible Assets	1.78	2.02	0.25	0.53	0.62	0.93
Long-Term Deferred Tax Assets	41.87	37.39	32.9	27.26	17.29	7.2
Long-Term Deferred Charges	0.7	0.81	0.57	0.91	1.21	1.18
Other Long-Term Assets	179.43	142.76	-	0.59	-	60.25
Total Assets	939.42	976.46	979.86	988.16	1,021	1,079
Accounts Payable	25.21	31.23	28.42	27.71	29.94	29.38
Accrued Expenses	31.59	30.04	55.61	63.76	59.31	77.68
Current Portion of Long-Term Debt	-	0.31	-	-	-	-
Current Portion of Leases	-	-	2.05	1.44	3.83	3.97
Current Income Taxes Payable	-	11.47	-	0	0	3.25
Current Unearned Revenue	22.91	15.5	25.06	25.14	47.64	30.87
Other Current Liabilities	4.82	5.36	2.15	2.81	3.77	2.35
Total Current Liabilities	84.53	93.91	113.29	120.87	144.49	147.5
Long-Term Leases	0.43	0.49	0.18	0.16	0.67	5.04
Long-Term Unearned Revenue	7.24	7.24	7.79	7.46	3.68	0.81
Long-Term Deferred Tax Liabilities	2.51	2.3	1.68	1.77	1.37	0.87
Total Liabilities	94.72	103.94	122.94	130.26	150.2	154.22
Common Stock	93.32	93.32	93.97	95.4	95.4	95.4
Additional Paid-In Capital	-	631.93	659.27	686.17	683.22	680.62
Retained Earnings	118.73	147.28	153.95	156.59	172.25	216.94
Treasury Stock	-	-	-50.27	-80.26	-80.26	-67.7
Shareholders' Equity	844.7	872.52	856.92	857.9	870.61	925.26
Total Liabilities & Equity	939.42	976.46	979.86	988.16	1,021	1,079
Total Debt	0.43	0.79	2.23	1.6	4.5	9.01
Net Cash (Debt)	308.69	345.95	535.28	562.04	575.81	716.23
Net Cash Growth	-36.70%	-35.37%	-4.76%	-2.39%	-19.61%	-13.00%
Net Cash Per Share	3.29	3.70	5.81	6.14	6.15	7.62
Filing Date Shares Outstanding	93.29	93.32	91.82	91.82	91.82	91.82
Total Common Shares Outstanding	93.29	93.32	91.82	91.82	91.82	91.82
Working Capital	531.29	563.82	654.85	696.74	660.1	808.55
Book Value Per Share	9.05	9.35	9.33	9.34	9.48	10.08
Tangible Book Value	842.92	870.5	856.67	857.37	869.99	924.33
Tangible Book Value Per Share	9.04	9.33	9.33	9.34	9.48	10.07
Buildings	-	-	103.08	102.96	9.16	9.16
Machinery	-	-	11.95	11.76	14.21	15.41
Construction In Progress	-	-	-	-	84.3	-

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