SHA:688255 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	245.71	270.1	174.32	382.02	234.66	126.8
Short-Term Investments	-	-	408.63	317.96	542.28	746.16
Trading Asset Securities	-	-	10.04	-	-	-
Cash & Short-Term Investments	245.71	270.1	592.99	699.98	776.94	872.95
Cash Growth	30.65%	-54.45%	-15.28%	-9.91%	-11.00%	1781.31%
Accounts Receivable	235.77	188.32	153.44	157.67	84.96	85.65
Other Receivables	0.3	0.48	0.68	0.12	0.86	1.58
Receivables	236.07	188.8	154.12	157.79	85.82	87.22
Inventory	136.32	163.38	203.49	176.26	202.94	154.8
Other Current Assets	157.42	170.75	3.27	4.12	11.86	6.49
Total Current Assets	775.52	793.03	953.87	1,038	1,078	1,121
Property, Plant & Equipment	174.75	171.72	163.36	154.85	92.26	83.84
Long-Term Investments	57.55	29.35	32.52	-	-	-
Goodwill	18.15	9.85	-	-	-	-
Other Intangible Assets	25.91	26.32	22.19	22.33	19.48	19.39
Long-Term Deferred Tax Assets	12.74	13.46	9.4	3.66	1.65	1
Other Long-Term Assets	224.31	218.68	0.09	0.7	19.46	0.6
Total Assets	1,289	1,262	1,181	1,220	1,210	1,226
Accounts Payable	92.96	84.83	68.08	115.85	46.06	48.53
Accrued Expenses	9.85	9.22	9.67	10.73	9.44	9.67
Current Income Taxes Payable	5.16	3.37	2.43	1.07	0.96	1.29
Current Unearned Revenue	6.55	9.63	4.76	5.75	7.7	7.98
Other Current Liabilities	70.19	66.51	43.83	20.74	29.44	39
Total Current Liabilities	184.71	173.56	128.77	154.13	93.61	106.47
Long-Term Unearned Revenue	15.69	15.82	7.72	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	0.04	0.05	-
Other Long-Term Liabilities	-	-	-	0.48	0.31	0.51
Total Liabilities	200.4	189.38	136.48	154.66	93.97	106.98
Common Stock	109.86	109.86	109.86	109.86	78.41	78.41
Additional Paid-In Capital	805.56	806.39	813.87	796.05	827.5	827.5
Retained Earnings	236.33	225.31	230.54	215.01	210.53	213.4
Treasury Stock	-72.23	-72.23	-108.84	-55.9	-	-
Comprehensive Income & Other	-10.45	-8.65	-0.48	-	-	-
Total Common Equity	1,069	1,061	1,045	1,065	1,116	1,119
Minority Interest	19.45	12.37	-	-	-	-
Shareholders' Equity	1,089	1,073	1,045	1,065	1,116	1,119
Total Liabilities & Equity	1,289	1,262	1,181	1,220	1,210	1,226
Net Cash (Debt)	245.71	270.1	592.99	699.98	776.94	872.95
Net Cash Growth	30.65%	-54.45%	-15.28%	-9.91%	-11.00%	1781.31%
Net Cash Per Share	2.29	2.58	5.50	6.47	7.12	9.99
Filing Date Shares Outstanding	110.28	99.94	104.71	107.71	109.86	109.86
Total Common Shares Outstanding	110.28	99.94	104.71	107.71	109.86	109.86
Working Capital	590.8	619.47	825.11	884.01	983.94	1,015
Book Value Per Share	9.69	10.61	9.98	9.89	10.16	10.19
Tangible Book Value	1,025	1,025	1,023	1,043	1,097	1,100
Tangible Book Value Per Share	9.29	10.25	9.77	9.68	9.99	10.01
Buildings	-	-	133.58	123.34	97.37	97.37
Machinery	-	-	106.11	90.51	44.19	42.67
Construction In Progress	-	-	0.92	8.34	12.8	-

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