SHA:688198 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	80.85	39.72	56.01	295.31	128.3	156.78
Short-Term Investments	-	-	135.87	133.32	-	-
Trading Asset Securities	174.6	283.83	178.16	107	484.61	615.53
Cash & Short-Term Investments	255.45	323.55	370.04	535.62	612.91	772.31
Cash Growth	-31.90%	-12.56%	-30.91%	-12.61%	-20.64%	1.36%
Accounts Receivable	213.24	214.99	133.44	86	59.61	40.39
Other Receivables	6.18	2.56	4.77	3.14	1.98	0.74
Receivables	219.41	217.55	138.21	89.14	61.59	41.13
Inventory	76.28	68.62	52.74	34.9	31.49	21.96
Prepaid Expenses	-	-	-	1.6	-	0.28
Other Current Assets	299.03	294.02	29.82	17.96	18.39	17.51
Total Current Assets	850.17	903.75	590.81	679.22	724.37	853.19
Property, Plant & Equipment	491.45	479.36	433.74	278.28	192.09	89.85
Long-Term Investments	-	-	122.92	182.48	170.63	6.07
Goodwill	16.51	16.89	17.27	17.01	-	-
Other Intangible Assets	158.25	161.54	112.18	92.76	44.96	43.16
Long-Term Deferred Tax Assets	17.33	17.38	14.81	24.16	28.64	34.49
Long-Term Deferred Charges	14.23	15.03	18.88	0.93	1.46	1.99
Other Long-Term Assets	46.03	29.1	120.24	52.17	17.77	2.2
Total Assets	1,594	1,623	1,431	1,327	1,180	1,031
Accounts Payable	39.83	54.42	1.2	1.19	0.43	0.76
Accrued Expenses	20.23	24.65	50.98	29.79	24.83	17.05
Short-Term Debt	50	75	-	-	-	-
Current Portion of Long-Term Debt	2.89	3.19	-	-	-	-
Current Portion of Leases	-	-	3.45	3.27	0.84	0.94
Current Income Taxes Payable	14.26	44.93	0.96	-	0.17	-
Current Unearned Revenue	21.17	14.62	1.32	0.46	0.43	0.62
Other Current Liabilities	9.13	10.56	56.38	45.88	36.56	17.24
Total Current Liabilities	157.51	227.37	114.28	80.58	63.26	36.6
Long-Term Leases	15.31	15.43	6.33	9.02	0.56	0.72
Long-Term Unearned Revenue	35.91	36.7	33.23	33.46	11.72	0.2
Long-Term Deferred Tax Liabilities	12.33	13.05	13.01	12.39	1.19	0.16
Other Long-Term Liabilities	16	17.28	13.41	3.01	3.76	5.05
Total Liabilities	237.05	309.83	180.28	138.47	80.49	42.73
Common Stock	137.75	137.75	137.4	136.58	135.67	96.44
Additional Paid-In Capital	814.17	813.63	823.05	803.27	759.67	733.85
Retained Earnings	415.5	374.12	290.47	253.4	206.03	159.16
Comprehensive Income & Other	1.23	1.42	1.68	1.36	0.07	0.06
Total Common Equity	1,369	1,327	1,253	1,195	1,101	989.51
Minority Interest	-11.71	-13.72	-2.03	-6.06	-2.02	-1.28
Shareholders' Equity	1,357	1,313	1,251	1,189	1,099	988.23
Total Liabilities & Equity	1,594	1,623	1,431	1,327	1,180	1,031
Total Debt	68.19	93.62	9.79	12.29	1.4	1.66
Net Cash (Debt)	187.25	229.93	360.26	523.33	611.51	770.65
Net Cash Growth	-44.19%	-36.18%	-31.16%	-14.42%	-20.65%	1.15%
Net Cash Per Share	1.36	1.67	2.63	3.82	4.50	5.72
Filing Date Shares Outstanding	137.92	137.75	137.4	136.58	135.67	135.01
Total Common Shares Outstanding	137.92	137.75	137.4	136.58	135.67	135.01
Working Capital	692.66	676.38	476.52	598.64	661.12	816.59
Book Value Per Share	9.92	9.63	9.12	8.75	8.12	7.33
Tangible Book Value	1,194	1,149	1,123	1,085	1,056	946.35
Tangible Book Value Per Share	8.66	8.34	8.17	7.94	7.79	7.01
Buildings	-	-	254.99	42.88	42.88	42.88
Machinery	-	-	135.92	75.28	41.32	28.71
Construction In Progress	-	-	87.67	190.24	141.15	47

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