SHA:688190 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	71.08	120.51	87.67	86.27	99.21
Short-Term Investments	-	121.34	200.16	-	200.35
Trading Asset Securities	50.05	270.1	502.98	1,143	1,067
Cash & Short-Term Investments	121.13	511.95	790.81	1,229	1,366
Cash Growth	-76.34%	-35.26%	-35.65%	-10.06%	1715.20%
Accounts Receivable	1,003	803.11	658.41	542.09	366.48
Other Receivables	2.38	3.18	2.65	1.38	1.39
Receivables	1,005	806.29	661.06	543.47	367.87
Inventory	247.42	125.77	139.01	123.65	86.82
Other Current Assets	1,233	150.56	68.9	79.23	54.74
Total Current Assets	2,606	1,595	1,660	1,975	1,876
Property, Plant & Equipment	637.6	588.98	466.51	488.35	362.89
Other Intangible Assets	73.97	72.18	69.47	40.22	40.63
Long-Term Deferred Tax Assets	36.94	32.31	28.07	20.76	9.13
Long-Term Deferred Charges	2.18	-	-	-	-
Other Long-Term Assets	71.52	853.37	567.74	5.03	9.78
Total Assets	3,428	3,141	2,792	2,530	2,298
Accounts Payable	421.3	370.33	228.84	231.34	382.87
Accrued Expenses	22.75	38.2	39.68	39.46	27.88
Short-Term Debt	-	-	-	2	-
Current Portion of Long-Term Debt	6.89	-	-	-	-
Current Portion of Leases	-	5.25	8.01	2.49	0.13
Current Income Taxes Payable	16.45	21.22	16.26	20.1	7.19
Current Unearned Revenue	13.01	5.38	24.97	51.06	10.72
Other Current Liabilities	160.76	52.24	76.45	74.85	2.34
Total Current Liabilities	641.15	492.61	394.2	421.31	431.13
Long-Term Leases	38.3	35.89	43.6	28.06	0.03
Long-Term Unearned Revenue	90.59	85.51	56.91	53.89	34.76
Long-Term Deferred Tax Liabilities	30.53	22.29	14.74	7.77	0.26
Total Liabilities	800.56	636.29	509.46	511.04	466.19
Common Stock	120	120	120	120	120
Additional Paid-In Capital	1,403	1,403	1,403	1,403	1,403
Retained Earnings	1,104	981.62	758.64	495.03	308.19
Comprehensive Income & Other	-	-	-	-	0.3
Shareholders' Equity	2,628	2,505	2,282	2,019	1,832
Total Liabilities & Equity	3,428	3,141	2,792	2,530	2,298
Total Debt	45.19	41.14	51.61	32.55	0.17
Net Cash (Debt)	75.94	470.81	739.2	1,196	1,366
Net Cash Growth	-83.87%	-36.31%	-38.21%	-12.43%	2370.75%
Net Cash Per Share	0.63	3.92	6.16	9.98	14.72
Filing Date Shares Outstanding	120	120	120	120	120
Total Common Shares Outstanding	120	120	120	120	120
Working Capital	1,965	1,102	1,266	1,554	1,445
Book Value Per Share	21.90	20.88	19.02	16.82	15.27
Tangible Book Value	2,554	2,433	2,213	1,978	1,791
Tangible Book Value Per Share	21.28	20.27	18.44	16.49	14.93
Buildings	-	294.46	251.59	249.27	190.92
Machinery	-	474.01	365.91	366.83	235.34
Construction In Progress	-	55.28	16.06	14.25	73.48

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