SHA:688125 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	-	776.06	1,042	1,182	281.04
Trading Asset Securities	-	342.01	493.02	361.03	106.18
Cash & Short-Term Investments	960.64	1,118	1,535	1,543	387.22
Cash Growth	-14.08%	-27.18%	-0.49%	298.48%	40.35%
Accounts Receivable	-	435.98	200.3	233.84	194.84
Other Receivables	-	4.01	3.84	1.9	2.98
Receivables	-	440	204.13	235.74	197.83
Inventory	-	263.2	195.67	150.79	177.75
Other Current Assets	-	10.25	13.98	6.25	4.35
Total Current Assets	-	1,832	1,949	1,936	767.14
Property, Plant & Equipment	-	302.35	111.2	65.77	60.11
Long-Term Investments	-	51.53	30	30	-
Other Intangible Assets	-	44.36	44.02	16.45	17.13
Long-Term Deferred Tax Assets	-	44.07	18.8	9.78	7.94
Long-Term Deferred Charges	-	3.44	1.39	0.04	0.22
Other Long-Term Assets	-	1.85	-	-	0.55
Total Assets	-	2,279	2,155	2,058	853.09
Accounts Payable	-	175.19	100.92	74.7	81.28
Accrued Expenses	-	42.65	35.99	29.39	31.18
Current Portion of Leases	-	3.75	4.84	2.75	2.36
Current Income Taxes Payable	-	0.06	0.32	3.17	10.43
Current Unearned Revenue	-	54.57	37.88	16.16	13.31
Other Current Liabilities	-	96.64	53.39	9.16	3.25
Total Current Liabilities	-	372.86	233.33	135.34	141.81
Long-Term Leases	-	6.45	8.18	4.44	0.57
Long-Term Unearned Revenue	-	1	-	-	-
Long-Term Deferred Tax Liabilities	-	0.73	1.2	0.39	0.07
Other Long-Term Liabilities	-	0.09	10.62	15.73	16.13
Total Liabilities	-	381.13	253.33	155.89	158.58
Common Stock	-	81.54	80.81	80.81	60.61
Additional Paid-In Capital	-	1,551	1,524	1,515	406.49
Retained Earnings	-	249.33	292.3	303.54	227.24
Treasury Stock	-	-11.18	-	-	-
Comprehensive Income & Other	-	28.02	4.32	1.68	-1.61
Total Common Equity	1,864	1,899	1,902	1,901	692.73
Minority Interest	-	-1.02	-0.61	0.6	1.79
Shareholders' Equity	1,863	1,898	1,901	1,902	694.51
Total Liabilities & Equity	-	2,279	2,155	2,058	853.09
Total Debt	7.11	10.21	13.03	7.19	2.93
Net Cash (Debt)	953.53	1,108	1,522	1,536	384.29
Net Cash Growth	-13.93%	-27.23%	-0.87%	299.65%	39.29%
Net Cash Per Share	11.77	13.69	18.79	20.72	6.34
Filing Date Shares Outstanding	81.67	81.54	80.81	80.81	60.61
Total Common Shares Outstanding	82.13	81.54	80.81	80.81	60.61
Working Capital	-	1,459	1,716	1,800	625.33
Book Value Per Share	22.70	23.29	23.54	23.53	11.43
Tangible Book Value	1,820	1,855	1,858	1,885	675.6
Tangible Book Value Per Share	22.16	22.75	22.99	23.33	11.15
Buildings	-	56.7	56.7	56.7	56.7
Machinery	-	61.3	52.96	48.56	41
Construction In Progress	-	236.75	43.29	1.57	-

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