SHA:688244 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	120.41	425.33	489.87	617	669.06	361.63
Short-Term Investments	-	-	70	80	150	-
Trading Asset Securities	376.1	100.18	-	20	10	-
Cash & Short-Term Investments	496.51	525.51	559.87	717	829.06	361.63
Cash Growth	138.63%	-6.14%	-21.92%	-13.52%	129.26%	-11.37%
Accounts Receivable	315.09	319.66	371.29	313	215.55	123.45
Other Receivables	3.31	3.29	3.36	3.78	3.77	5.11
Receivables	318.4	322.95	374.64	316.78	219.32	128.56
Inventory	14.64	24.87	36.61	16.45	8.55	17.16
Prepaid Expenses	-	-	-	-	-	0.09
Other Current Assets	21.81	21.75	2.08	2.49	1.1	6.43
Total Current Assets	851.36	895.08	973.2	1,053	1,058	513.87
Property, Plant & Equipment	66.98	68.61	71.08	68.74	70.45	78.05
Long-Term Investments	50.11	50.22	89.24	53.06	2.43	2.73
Other Intangible Assets	81.11	87.17	64.36	53.2	33.41	5.76
Long-Term Accounts Receivable	-	-	6.36	9.93	-	4
Long-Term Deferred Tax Assets	10.86	10.87	10.91	8.53	5.31	3.32
Long-Term Deferred Charges	3.12	3.46	4.37	1.69	2.57	4.07
Other Long-Term Assets	5.99	3.82	-	-	7.91	-
Total Assets	1,070	1,119	1,220	1,248	1,180	611.8
Accounts Payable	84.32	102.09	137.9	119.58	66.98	42.67
Accrued Expenses	2.3	1.49	12.25	15.25	11	12.29
Short-Term Debt	-	-	9.51	4	7.51	9.94
Current Portion of Long-Term Debt	2.11	2.22	-	-	-	-
Current Portion of Leases	-	-	2.9	1.68	0.91	1.1
Current Income Taxes Payable	1.03	8.26	0.76	8	8.73	7.57
Current Unearned Revenue	4.39	3.68	5.45	2.67	8.12	18.27
Other Current Liabilities	4.4	6.47	12.03	18.04	12.43	8.87
Total Current Liabilities	98.56	124.21	180.8	169.23	115.67	100.7
Long-Term Leases	2.24	2.41	4.4	1.9	2.04	1.73
Long-Term Unearned Revenue	23.4	23.13	9.32	9.5	9.83	15.98
Total Liabilities	124.2	149.75	194.52	180.62	127.55	118.42
Common Stock	150.96	150.96	102.23	69.31	46.83	35.12
Additional Paid-In Capital	755.05	755.05	803.78	836.7	859.18	364.83
Retained Earnings	75.96	99.43	153.49	160.51	144.86	94.05
Treasury Stock	-33.01	-33.01	-33.01	-	-	-
Comprehensive Income & Other	-0.95	-0.5	0.03	-	-	-
Total Common Equity	948.01	971.93	1,027	1,067	1,051	494.01
Minority Interest	-2.67	-2.45	-1.51	0.72	1.69	-0.62
Shareholders' Equity	945.34	969.48	1,025	1,067	1,053	493.39
Total Liabilities & Equity	1,070	1,119	1,220	1,248	1,180	611.8
Total Debt	4.35	4.63	16.8	7.58	10.46	12.77
Net Cash (Debt)	492.15	520.88	543.07	709.42	818.61	348.86
Net Cash Growth	153.24%	-4.09%	-23.45%	-13.34%	134.65%	-1.73%
Net Cash Per Share	3.23	3.40	3.46	4.62	6.84	3.06
Filing Date Shares Outstanding	146.69	155.23	150.24	150.24	151.82	113.86
Total Common Shares Outstanding	146.69	155.23	150.24	151.82	151.82	113.86
Working Capital	752.81	770.87	792.4	883.49	942.36	413.17
Book Value Per Share	6.46	6.26	6.83	7.03	6.92	4.34
Tangible Book Value	866.89	884.76	962.16	1,013	1,017	488.25
Tangible Book Value Per Share	5.91	5.70	6.40	6.67	6.70	4.29
Buildings	-	-	69.93	69.93	68.99	68.99
Machinery	-	-	14.36	13.5	32.21	31.49

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