SHA:688175 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	-	305.85	530.89	316.79	263.16
Trading Asset Securities	-	931.8	889.67	1,246	266.48
Cash & Short-Term Investments	940.34	1,238	1,421	1,563	529.64
Cash Growth	-24.02%	-12.88%	-9.12%	195.12%	14.21%
Accounts Receivable	-	210.04	206.7	222.41	103.01
Other Receivables	-	2.82	2.39	2.78	3.62
Receivables	-	212.86	209.09	225.19	106.62
Inventory	-	127.48	114.3	115.67	202.67
Prepaid Expenses	-	-	-	-	3.38
Other Current Assets	-	11.09	15.18	12.46	9.37
Total Current Assets	-	1,589	1,759	1,916	851.69
Property, Plant & Equipment	-	32.16	34.63	41.29	36.08
Long-Term Investments	-	-	7.81	7.26	-
Other Intangible Assets	-	7.92	8.64	8.7	6.62
Long-Term Deferred Tax Assets	-	26.24	38.9	29.62	18.46
Long-Term Deferred Charges	-	0.45	2.35	4.74	4.34
Other Long-Term Assets	-	311.52	215.5	0.32	0.52
Total Assets	-	1,967	2,067	2,008	917.7
Accounts Payable	-	68.35	64.73	59.11	33.06
Accrued Expenses	-	24.41	21.73	27.69	38.4
Current Portion of Leases	-	5.05	3.8	3.39	3.2
Current Income Taxes Payable	-	0.82	3.34	9.45	6.62
Current Unearned Revenue	-	58.34	70.15	42.77	133.1
Other Current Liabilities	-	11.49	14.83	12.38	9.83
Total Current Liabilities	-	168.45	178.59	154.79	224.21
Long-Term Leases	-	2.15	0.08	1.21	4.97
Long-Term Unearned Revenue	-	13.15	16.38	6.2	2.19
Long-Term Deferred Tax Liabilities	-	-	-	1.83	0.98
Total Liabilities	-	183.75	195.05	164.02	232.34
Common Stock	-	129.32	92.91	92.91	69.68
Additional Paid-In Capital	-	1,470	1,515	1,506	411.12
Retained Earnings	-	194.36	265.22	247.04	205.07
Comprehensive Income & Other	-	-8.5	-0.58	-0.24	-
Total Common Equity	1,740	1,785	1,873	1,845	685.87
Minority Interest	-	-1.13	-1.04	-0.92	-0.51
Shareholders' Equity	1,739	1,784	1,872	1,844	685.36
Total Liabilities & Equity	-	1,967	2,067	2,008	917.7
Total Debt	6.99	7.21	3.88	4.6	8.17
Net Cash (Debt)	933.35	1,230	1,417	1,558	521.47
Net Cash Growth	-24.14%	-13.15%	-9.10%	198.86%	12.45%
Net Cash Per Share	7.12	9.42	10.77	12.84	5.36
Filing Date Shares Outstanding	129.32	129.32	130.07	130.07	97.55
Total Common Shares Outstanding	129.32	129.32	130.07	130.07	97.55
Working Capital	-	1,421	1,581	1,762	627.49
Book Value Per Share	13.46	13.80	14.40	14.19	7.03
Tangible Book Value	1,730	1,777	1,864	1,837	679.25
Tangible Book Value Per Share	13.38	13.74	14.33	14.12	6.96
Buildings	-	43.71	43.32	43.32	43.32
Machinery	-	83.87	77.09	76.77	59

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.