SHA:688143 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	262.25	145.93	237.04	214.81	827.67	95.45
Trading Asset Securities	149.41	306.04	283.26	511.92	-	-
Cash & Short-Term Investments	411.66	451.98	520.3	726.73	827.67	95.45
Cash Growth	-17.57%	-13.13%	-28.41%	-12.20%	767.14%	-
Accounts Receivable	515.69	529.43	404.27	287.22	304.22	232.7
Other Receivables	6.47	1.74	9.46	1.98	16.74	0.01
Receivables	522.16	531.17	413.73	289.2	320.96	232.71
Inventory	134.65	113.53	73.59	64.02	46.89	33.04
Prepaid Expenses	-	-	1.2	0.41	-	-
Other Current Assets	33.84	28.37	13.55	23.16	14.82	9.21
Total Current Assets	1,102	1,125	1,022	1,104	1,210	370.41
Property, Plant & Equipment	593.5	597.57	404.56	228.03	165.13	148.51
Long-Term Investments	52.44	52.32	7.08	-	-	-
Goodwill	112.8	112.8	-	-	-	-
Other Intangible Assets	26.12	26.01	23.58	14.72	14.63	14.76
Long-Term Deferred Tax Assets	26.97	26.74	14.94	10.31	8.53	5.93
Long-Term Deferred Charges	3.22	3.52	1.87	1.47	0.95	0.29
Other Long-Term Assets	13	12.26	12.91	14.57	6.91	1.66
Total Assets	1,930	1,956	1,487	1,373	1,406	541.57
Accounts Payable	156.13	200.81	161.38	56.92	49.11	21.27
Accrued Expenses	30.81	38	33.24	29.35	37.3	30.69
Short-Term Debt	52.52	48.02	37.33	5	12.01	43.05
Current Portion of Long-Term Debt	56.73	27.86	9.21	-	-	-
Current Income Taxes Payable	7.29	9.77	3.28	0.11	6.06	6.8
Current Unearned Revenue	12.93	3.91	1.43	8.55	4.98	1.56
Other Current Liabilities	26.2	25.98	11.76	9.63	5.91	3.98
Total Current Liabilities	342.61	354.34	257.61	109.56	115.38	107.34
Long-Term Debt	167.27	190.38	17.41	9.61	10.01	-
Long-Term Leases	2.98	1.49	0.42	1.41	1.16	0.67
Long-Term Unearned Revenue	48.42	47.39	27.59	19.84	22.49	14.72
Long-Term Deferred Tax Liabilities	2.55	2.43	2.61	3.35	3.53	-
Total Liabilities	563.83	596.03	305.64	143.76	152.57	122.74
Common Stock	128.78	128.78	122.37	122.77	94.13	70.6
Additional Paid-In Capital	1,045	1,044	911.67	913.9	935.21	203.57
Retained Earnings	230.77	224.87	206.91	188.97	220.47	139.77
Treasury Stock	-49.27	-49.27	-70.66	-6.71	-	-
Total Common Equity	1,355	1,348	1,170	1,219	1,250	413.94
Minority Interest	11.2	11.72	11.38	9.94	4.1	4.89
Shareholders' Equity	1,367	1,360	1,182	1,229	1,254	418.83
Total Liabilities & Equity	1,930	1,956	1,487	1,373	1,406	541.57
Total Debt	279.5	267.75	64.36	16.02	23.18	43.72
Net Cash (Debt)	132.16	184.23	455.94	710.71	804.49	51.73
Net Cash Growth	-64.45%	-59.59%	-35.85%	-11.66%	1455.28%	-
Net Cash Per Share	1.05	1.46	3.81	5.94	8.77	0.56
Filing Date Shares Outstanding	117.97	148.54	119.75	122.37	122.37	90.86
Total Common Shares Outstanding	117.97	148.54	119.75	122.37	122.37	90.86
Working Capital	759.7	770.71	764.75	993.97	1,095	263.07
Book Value Per Share	11.49	9.08	9.77	9.96	10.21	4.56
Tangible Book Value	1,216	1,210	1,147	1,204	1,235	399.18
Tangible Book Value Per Share	10.31	8.14	9.58	9.84	10.09	4.39
Buildings	-	-	141.82	143.35	114.51	108.63
Machinery	-	-	132.27	114.29	94.74	69.66
Construction In Progress	-	-	199.69	28.31	1.61	11.37