SHA:688237 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	234.92	64.91	164.57	262.98	337.74	116.24
Short-Term Investments	-	-	216.61	31.01	56.35	-
Trading Asset Securities	120.3	268.12	18.98	70.66	111.67	-
Cash & Short-Term Investments	355.22	333.03	400.16	364.65	505.76	116.24
Cash Growth	-4.01%	-16.78%	9.74%	-27.90%	335.10%	-34.73%
Accounts Receivable	330.17	316.75	256.63	190.52	101.43	58.6
Other Receivables	4.36	2.83	3.08	2.29	2.09	0.9
Receivables	334.52	319.57	259.7	192.81	103.52	59.5
Inventory	128.76	142.4	109.73	116.57	65.99	29.24
Other Current Assets	35.33	68.77	37.87	32.27	27.01	15.76
Total Current Assets	853.83	863.77	807.46	706.3	702.27	220.74
Property, Plant & Equipment	394.6	400.26	383.75	370.32	334.86	144.66
Long-Term Investments	4.52	4.31	66.53	251.28	289.17	63.72
Goodwill	116.95	116.95	116.95	119.57	35.94	-
Other Intangible Assets	56.52	56.87	58.02	59.36	60.49	32.12
Long-Term Deferred Tax Assets	18.99	18.08	15.68	19.49	13.34	3.92
Long-Term Deferred Charges	10.55	10.01	13.47	6.69	2.35	1.15
Other Long-Term Assets	120.32	121.22	134.63	113.01	9.31	4.41
Total Assets	1,576	1,591	1,596	1,646	1,448	470.72
Accounts Payable	52.35	60.58	67.18	69.79	32.47	8.55
Accrued Expenses	3.69	8.05	13.22	14.64	7.18	2.81
Short-Term Debt	20.18	28.53	40.5	35.37	-	-
Current Portion of Long-Term Debt	6.51	6.44	-	-	-	-
Current Portion of Leases	-	-	5.09	4.43	1.31	0.79
Current Income Taxes Payable	8.77	7.75	4.39	4.03	8.47	4.95
Current Unearned Revenue	12.11	13.51	10.81	26.09	21.86	0.2
Other Current Liabilities	127.32	126.13	97.79	84.12	12.99	1.6
Total Current Liabilities	230.93	250.99	239	238.47	84.28	18.91
Long-Term Leases	12.07	13	14.58	19.19	5.7	3.58
Long-Term Unearned Revenue	44.32	42.04	42.19	43.11	44.28	22.23
Long-Term Deferred Tax Liabilities	8.91	9.5	10.35	10.81	7.39	2.52
Other Long-Term Liabilities	66.45	66.45	66.18	65.31	15.24	0.24
Total Liabilities	362.68	381.97	372.29	376.89	156.89	47.48
Common Stock	89.68	89.68	89.6	89.6	89.6	67.2
Additional Paid-In Capital	1,005	1,004	1,002	1,003	989.39	202.89
Retained Earnings	146.1	142.41	159.78	176.83	211.83	153.15
Treasury Stock	-27	-27	-27	-	-	-
Shareholders' Equity	1,214	1,210	1,224	1,269	1,291	423.24
Total Liabilities & Equity	1,576	1,591	1,596	1,646	1,448	470.72
Total Debt	38.76	47.97	60.18	58.99	7.01	4.37
Net Cash (Debt)	316.46	285.06	339.98	305.66	498.75	111.87
Net Cash Growth	3.70%	-16.15%	11.23%	-38.71%	345.84%	-37.19%
Net Cash Per Share	3.62	3.15	3.93	3.41	6.37	1.66
Filing Date Shares Outstanding	92.29	104.73	88.34	89.6	89.6	67.2
Total Common Shares Outstanding	92.29	104.73	88.34	89.6	89.6	67.2
Working Capital	622.9	612.78	568.46	467.83	617.99	201.83
Book Value Per Share	13.15	11.55	13.86	14.16	14.41	6.30
Tangible Book Value	1,040	1,036	1,049	1,090	1,194	391.12
Tangible Book Value Per Share	11.27	9.89	11.88	12.17	13.33	5.82
Buildings	-	-	137.53	128	28.83	27.37
Machinery	-	-	227.15	149.75	128.77	69.91
Construction In Progress	-	-	85.87	136.04	216.14	75.37

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