SHA:688191 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	165.99	330.49	194.59	290.86	361.29	373.13
Trading Asset Securities	273.27	12.5	58.71	90.31	-	-
Cash & Short-Term Investments	439.26	342.99	253.3	381.17	361.29	373.13
Cash Growth	52.22%	35.41%	-33.55%	5.50%	-3.17%	81.78%
Accounts Receivable	703.45	801.45	596.57	468.48	412.1	426.23
Other Receivables	53.04	3.25	3.25	2.08	7.64	1.93
Receivables	756.49	804.7	599.82	470.57	419.74	428.16
Inventory	297.27	257.28	298.38	258.97	244.76	283.6
Other Current Assets	23.04	23.78	15.17	14.05	15.29	19.85
Total Current Assets	1,516	1,429	1,167	1,125	1,041	1,105
Property, Plant & Equipment	183.96	184.52	99.05	104.03	112.51	118.07
Long-Term Investments	-	-	160.55	103.55	30.39	-
Other Intangible Assets	61.94	62.42	58.1	28.33	3.93	2.32
Long-Term Deferred Tax Assets	35.77	35.91	29.07	24.55	19.26	14.84
Long-Term Deferred Charges	2.33	2.51	4.06	7.82	10.48	8.87
Other Long-Term Assets	2.22	78.65	3.99	14.94	-	-
Total Assets	1,802	1,793	1,521	1,408	1,218	1,249
Accounts Payable	505.87	592.91	312.58	211.27	130.66	162.89
Accrued Expenses	9.92	27.55	139.66	113.29	77.57	74.49
Short-Term Debt	50.03	50.03	4.41	50.04	30.03	-
Current Portion of Long-Term Debt	7.93	6.41	-	-	-	-
Current Portion of Leases	-	-	2.22	3.58	0.53	0.53
Current Income Taxes Payable	2.3	31.21	3.05	8.28	-	9.01
Current Unearned Revenue	147.57	98.36	89.6	69.97	83.33	130.34
Other Current Liabilities	13.2	27.34	64.59	61.04	43.82	38.17
Total Current Liabilities	736.82	833.8	616.11	517.47	365.94	415.43
Long-Term Debt	157.6	58.56	-	-	-	-
Long-Term Leases	8.69	7.19	0.5	1.73	0.68	0.65
Long-Term Unearned Revenue	20.65	20.87	17.47	18.36	19.23	16.04
Long-Term Deferred Tax Liabilities	0	0	0.01	-	0.56	0.22
Total Liabilities	923.75	920.43	634.09	537.55	386.41	432.34
Common Stock	231.65	231.65	154.13	153.51	153.51	153.05
Additional Paid-In Capital	375.57	374.72	431.21	419.37	402.87	395.46
Retained Earnings	251.57	262.75	301.39	296.15	273.04	268
Total Common Equity	858.79	869.12	886.73	869.03	829.41	816.5
Minority Interest	19.73	3.2	0.67	1.39	1.82	-
Shareholders' Equity	878.52	872.32	887.4	870.42	831.24	816.5
Total Liabilities & Equity	1,802	1,793	1,521	1,408	1,218	1,249
Total Debt	224.24	122.19	7.13	55.34	31.24	1.18
Net Cash (Debt)	215.01	220.8	246.17	325.83	330.04	371.94
Net Cash Growth	-4.70%	-10.31%	-24.45%	-1.28%	-11.27%	103.28%
Net Cash Per Share	0.93	0.96	1.09	1.42	1.42	1.77
Filing Date Shares Outstanding	223.57	229.79	229.66	228.73	228.73	228.04
Total Common Shares Outstanding	223.57	229.79	229.66	228.73	228.73	228.04
Working Capital	779.24	594.94	550.56	607.3	675.15	689.32
Book Value Per Share	3.84	3.78	3.86	3.80	3.63	3.58
Tangible Book Value	796.85	806.7	828.64	840.7	825.49	814.19
Tangible Book Value Per Share	3.56	3.51	3.61	3.68	3.61	3.57
Buildings	-	-	98.49	98.49	102.2	100.73
Machinery	-	-	48.68	42.87	38.57	30.08
Construction In Progress	-	-	-	-	-	3.13

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