SHA:688129 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	68.95	92.79	63.94	143.73	78.2	665.34
Short-Term Investments	-	545.81	338.05	297.02	78.27	-
Trading Asset Securities	573.16	455.68	540.32	560.29	662.24	-
Cash & Short-Term Investments	642.1	1,094	942.31	1,001	818.71	665.34
Cash Growth	0.90%	16.13%	-5.87%	22.27%	23.05%	7.58%
Accounts Receivable	226	243.58	185.81	146.29	148.15	170.58
Other Receivables	3.08	2.4	7.63	7.03	2.38	3.09
Receivables	229.08	245.98	193.44	153.33	150.54	173.67
Inventory	110.64	97.05	98.64	98.56	107.92	76.49
Prepaid Expenses	-	-	1.13	0.78	-	-
Other Current Assets	472.71	7.79	5.17	7.75	7.89	1.68
Total Current Assets	1,455	1,445	1,241	1,261	1,085	917.17
Property, Plant & Equipment	179.97	168.92	103.15	56.19	57.62	64.09
Long-Term Investments	-	-	188.74	182.42	80.44	-
Other Intangible Assets	54.06	54.87	56.56	60.27	10.85	10.99
Long-Term Deferred Tax Assets	5.99	5.49	4.38	4.32	5.6	5.57
Long-Term Deferred Charges	-	-	0.03	0.14	0.28	0.36
Other Long-Term Assets	27.43	11.53	0.2	6.27	1.23	-
Total Assets	1,722	1,686	1,594	1,571	1,241	998.18
Accounts Payable	76.03	110.31	84.36	53.72	49.55	60.96
Accrued Expenses	9.14	32.01	27.79	29.78	28.03	35.98
Short-Term Debt	557.45	519.47	581.41	578.88	258.68	-
Current Portion of Leases	-	3.03	3.55	2.63	2.38	2.48
Current Income Taxes Payable	3.99	3.02	1.83	2.01	2.6	5.1
Current Unearned Revenue	19.92	20.44	21.58	22.66	28.26	12.38
Other Current Liabilities	14.38	8.81	8.2	10.29	25.15	13.73
Total Current Liabilities	683.79	697.09	728.72	699.98	394.65	130.63
Long-Term Leases	2.41	2.46	3.67	3.38	2.33	3.76
Long-Term Unearned Revenue	2.4	-	-	-	-	-
Total Liabilities	688.59	699.55	732.39	703.36	396.97	134.38
Common Stock	120.48	120.48	120.48	120.48	120	120
Additional Paid-In Capital	470.45	457.37	443.46	442.71	437.94	435.87
Retained Earnings	503.61	480.76	396.86	342.75	291.07	298.41
Treasury Stock	-75.92	-86.6	-112.99	-50	-16.11	-
Comprehensive Income & Other	14.76	14.33	13.54	11.78	11.18	9.52
Shareholders' Equity	1,033	986.35	861.35	867.71	844.09	863.8
Total Liabilities & Equity	1,722	1,686	1,594	1,571	1,241	998.18
Total Debt	562.72	524.96	588.64	584.9	263.39	6.24
Net Cash (Debt)	79.38	569.32	353.67	416.14	555.32	659.1
Net Cash Growth	-	60.97%	-15.01%	-25.06%	-15.75%	6.58%
Net Cash Per Share	0.71	5.09	3.13	3.46	4.66	5.47
Filing Date Shares Outstanding	114.27	114.45	111.18	111.18	117.14	120
Total Common Shares Outstanding	114.27	113.41	111.18	117	117.14	120
Working Capital	770.74	748	511.96	561.48	690.41	786.54
Book Value Per Share	9.04	8.70	7.75	7.42	7.21	7.20
Tangible Book Value	979.32	931.48	804.79	807.44	833.24	852.81
Tangible Book Value Per Share	8.57	8.21	7.24	6.90	7.11	7.11
Buildings	-	49.83	48.47	48.02	48.02	48.02
Machinery	-	59.65	59	55.22	54.85	47.43
Construction In Progress	-	121.76	53.24	4.52	1.47	7.58

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