SHA:688171 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	305.3	417.46	548.38	584.29	598.85	145.3
Cash & Short-Term Investments	375.45	417.46	548.38	584.29	598.85	145.3
Cash Growth	-30.72%	-23.87%	-6.15%	-2.43%	312.16%	7.91%
Accounts Receivable	180.46	196.05	131.71	121.42	145.24	160.81
Other Receivables	4.56	3.82	1.13	1.05	1.09	1.22
Receivables	185.02	199.86	132.83	122.48	146.34	162.03
Inventory	22.52	21.01	18.95	19.16	16.68	18.44
Other Current Assets	15.8	11.55	6.54	11.7	14.76	6.74
Total Current Assets	598.78	649.89	706.71	737.63	776.64	332.51
Property, Plant & Equipment	210.77	197.09	128.17	73.88	1.33	1.65
Long-Term Investments	45.96	30	20	22.03	21.18	-
Goodwill	63.29	63.27	-	-	-	-
Other Intangible Assets	41.79	43.46	11.58	11.84	12.12	0.11
Long-Term Deferred Tax Assets	9.09	7.44	3.27	2.73	1.95	1.52
Long-Term Deferred Charges	0.21	0.22	-	-	-	0.03
Other Long-Term Assets	15.22	24.16	-	19.02	55.91	11.77
Total Assets	985.12	1,016	869.73	867.14	869.13	347.59
Accounts Payable	48.82	67.49	9.21	12.5	18.42	34.66
Accrued Expenses	3.93	2.98	19.72	11.57	15.04	21.44
Short-Term Debt	-	-	14.24	-	-	-
Current Portion of Long-Term Debt	1.41	1.12	-	-	-	-
Current Portion of Leases	-	-	0.93	1.88	0.72	0.72
Current Income Taxes Payable	5.27	4.97	1.55	2.08	2.27	2.8
Current Unearned Revenue	10.78	9.06	3.25	1.53	0.25	0.2
Other Current Liabilities	0.69	0.56	0.42	0.28	2.34	0.1
Total Current Liabilities	70.9	86.17	49.31	29.84	39.03	59.92
Long-Term Leases	3.04	2.86	-	0.93	-	-
Long-Term Deferred Tax Liabilities	3.65	3.85	-	-	-	-
Total Liabilities	77.59	92.88	49.31	30.77	39.03	59.92
Common Stock	83.77	83.77	83.77	83.77	83.77	62.83
Additional Paid-In Capital	592.54	598.31	594.66	594.66	594.66	95
Retained Earnings	170.57	170.72	162.3	157.93	151.66	129.84
Treasury Stock	-20.32	-20.32	-20.32	-	-	-
Total Common Equity	826.57	832.49	820.42	836.37	830.09	287.67
Minority Interest	80.96	90.15	-	-	-	-
Shareholders' Equity	907.52	922.64	820.42	836.37	830.09	287.67
Total Liabilities & Equity	985.12	1,016	869.73	867.14	869.13	347.59
Total Debt	4.44	3.99	15.17	2.8	0.72	0.72
Net Cash (Debt)	371	413.48	533.22	581.49	598.13	144.58
Net Cash Growth	-29.63%	-22.46%	-8.30%	-2.78%	313.71%	13.27%
Net Cash Per Share	4.54	4.87	6.45	6.78	7.29	2.29
Filing Date Shares Outstanding	82.78	82.69	82.69	83.77	83.77	83.77
Total Common Shares Outstanding	82.78	82.69	82.69	83.77	83.77	62.83
Working Capital	527.88	563.71	657.4	707.79	737.6	272.59
Book Value Per Share	9.98	10.07	9.92	9.98	9.91	4.58
Tangible Book Value	721.49	725.76	808.84	824.52	817.97	287.56
Tangible Book Value Per Share	8.72	8.78	9.78	9.84	9.76	4.58
Buildings	-	-	9.57	8.56	-	-
Machinery	-	-	3.72	3.08	3.09	2.94
Construction In Progress	-	-	117.43	62.3	-	-

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