SHA:688163 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	52.64	33.28	182.11	150.92	515.73	115.88
Short-Term Investments	-	10.63	9.26	-	-	-
Trading Asset Securities	712.15	764.91	641.21	722.59	417.62	65.15
Cash & Short-Term Investments	764.79	808.82	832.58	873.51	933.35	181.03
Cash Growth	-4.39%	-2.85%	-4.69%	-6.41%	415.59%	53.10%
Accounts Receivable	55.44	46.1	36.68	22.63	7.68	9.59
Other Receivables	1.24	0.9	0.86	0.8	0.98	6.25
Receivables	56.68	47	37.54	23.43	8.66	15.84
Inventory	46.05	43.03	43.28	44.75	54.53	49.18
Prepaid Expenses	-	0.09	0.49	-	-	-
Other Current Assets	23.86	13.22	2.48	7.24	0.51	1.89
Total Current Assets	891.37	912.16	916.36	948.93	997.05	247.93
Property, Plant & Equipment	218.09	200.96	157.34	127.82	117.42	103.67
Long-Term Investments	-	-	-	16.59	17.35	19.81
Other Intangible Assets	22.28	22.47	23.03	23.79	24.24	23.97
Long-Term Deferred Tax Assets	7.38	6.89	8	9.91	9.29	5.09
Long-Term Deferred Charges	0.33	0.39	0.63	0.87	1.11	1.35
Other Long-Term Assets	14.91	14.34	14.66	0.55	0.02	1.06
Total Assets	1,154	1,157	1,120	1,128	1,166	402.89
Accounts Payable	17.06	16.49	1.31	3.64	4.28	2.47
Accrued Expenses	8.15	15.13	14.57	16.92	17.05	11.48
Current Portion of Leases	0.77	0.77	0.29	0.76	1.37	1.33
Current Income Taxes Payable	1.05	-	-	-	1.51	0.4
Current Unearned Revenue	3.52	3.18	2.2	2.93	1.99	1.44
Other Current Liabilities	3.21	1.33	1.24	0.75	0.68	0.53
Total Current Liabilities	33.77	36.91	19.62	24.99	26.87	17.65
Long-Term Leases	4.18	4.33	4	12.2	12.31	13.02
Long-Term Deferred Tax Liabilities	1.16	1.28	0.91	5.45	5.67	2.59
Other Long-Term Liabilities	2.04	2.04	-	-	-	-
Total Liabilities	41.15	44.55	24.53	42.63	44.86	33.26
Common Stock	108.22	108.22	108.22	108.22	108.22	81.16
Additional Paid-In Capital	878.09	878.09	878.09	878.09	871.49	113.62
Retained Earnings	126.92	126.35	109.19	99.53	141.92	174.84
Total Common Equity	1,113	1,113	1,096	1,086	1,122	369.63
Shareholders' Equity	1,113	1,113	1,096	1,086	1,122	369.63
Total Liabilities & Equity	1,154	1,157	1,120	1,128	1,166	402.89
Total Debt	4.94	5.1	4.3	12.96	13.68	14.35
Net Cash (Debt)	759.85	803.73	828.28	860.55	919.66	166.68
Net Cash Growth	-4.49%	-2.96%	-3.75%	-6.43%	451.75%	40.97%
Net Cash Per Share	8.37	7.45	7.67	7.99	9.02	2.05
Filing Date Shares Outstanding	108.22	108.22	108.22	108.22	108.22	81.16
Total Common Shares Outstanding	108.22	108.22	108.22	108.22	108.22	81.16
Working Capital	857.6	875.25	896.74	923.94	970.18	230.29
Book Value Per Share	10.29	10.28	10.12	10.03	10.36	4.55
Tangible Book Value	1,091	1,090	1,072	1,062	1,097	345.66
Tangible Book Value Per Share	10.08	10.07	9.91	9.81	10.14	4.26
Buildings	-	127.63	121.51	64.9	60.97	58.87
Machinery	-	79.32	71.64	67.04	62.65	55.95
Construction In Progress	-	80.99	41.84	54.6	43.14	29.52