SHA:688261 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	727.56	1,600	2,084	2,251	2,304	372.6
Trading Asset Securities	1,065	250	60	-	140.09	-
Cash & Short-Term Investments	1,792	1,850	2,144	2,251	2,444	372.6
Cash Growth	-11.51%	-13.73%	-4.73%	-7.92%	555.99%	48.84%
Accounts Receivable	205.71	223.59	278.78	136.63	207.88	108.98
Other Receivables	0.24	0.24	4.73	3.48	3.36	0.39
Receivables	205.95	223.83	283.51	140.11	211.24	109.37
Inventory	598.59	547.9	360.6	340.35	175.04	99.62
Prepaid Expenses	-	-	-	-	-	3.43
Other Current Assets	60.07	47.46	13.12	31.57	11.87	28.61
Total Current Assets	2,657	2,669	2,801	2,763	2,842	613.62
Property, Plant & Equipment	170.82	213.3	97.81	22.65	14.6	10.97
Long-Term Investments	230.73	205.11	170.29	143.74	40.34	-
Goodwill	10.03	10.03	-	-	-	-
Other Intangible Assets	3.55	3.43	4.46	1.63	2.34	0.69
Long-Term Deferred Tax Assets	17.08	14.28	9.18	4	3.63	1.09
Long-Term Deferred Charges	2.89	3.17	15.23	1.56	1.9	2.11
Other Long-Term Assets	2.1	0.83	1.49	75.49	21.26	0.09
Total Assets	3,094	3,119	3,100	3,012	2,926	628.57
Accounts Payable	61.02	73.98	132.35	91.23	33.46	42.3
Accrued Expenses	7.06	22.6	15.07	11.32	18.33	10.29
Short-Term Debt	50.03	40.03	4.76	30.02	-	-
Current Portion of Leases	1.8	1.91	6.54	2.28	-	1.25
Current Income Taxes Payable	1.1	-	-	-	13.37	-
Current Unearned Revenue	1.4	0.52	3.02	1.37	0.72	3.66
Other Current Liabilities	12.96	28.26	21.28	4.24	13.54	2.09
Total Current Liabilities	135.38	167.29	183.02	140.47	79.42	59.59
Long-Term Leases	3.04	3.02	7.87	1.03	1.93	2.69
Long-Term Unearned Revenue	4.06	4.57	7.85	7.84	10.23	0.5
Long-Term Deferred Tax Liabilities	3.81	3.51	1.41	0.28	0.35	-
Total Liabilities	146.3	178.41	200.14	149.62	91.94	62.78
Common Stock	122.57	122.57	122.53	94.33	67.38	50.53
Additional Paid-In Capital	2,301	2,315	2,315	2,316	2,343	353.15
Retained Earnings	535.13	529.57	488.19	464.76	424.18	162.07
Treasury Stock	-10.41	-10.41	-26.02	-12.93	-	-
Comprehensive Income & Other	0.07	0.07	0.08	0.08	0.07	0.04
Total Common Equity	2,948	2,957	2,900	2,862	2,834	565.79
Minority Interest	-	-15.76	-	-	-	-
Shareholders' Equity	2,948	2,941	2,900	2,862	2,834	565.79
Total Liabilities & Equity	3,094	3,119	3,100	3,012	2,926	628.57
Total Debt	54.88	44.96	19.17	33.33	1.93	3.94
Net Cash (Debt)	1,738	1,805	2,125	2,217	2,442	368.65
Net Cash Growth	-12.71%	-15.06%	-4.16%	-9.21%	562.48%	47.27%
Net Cash Per Share	14.87	14.84	17.43	18.05	20.22	4.01
Filing Date Shares Outstanding	111.16	122.3	122.1	122.32	122.62	122.62
Total Common Shares Outstanding	111.16	122.3	122.1	122.42	122.62	91.97
Working Capital	2,522	2,502	2,618	2,622	2,763	554.03
Book Value Per Share	26.52	24.18	23.75	23.38	23.12	6.15
Tangible Book Value	2,934	2,943	2,895	2,861	2,832	565.11
Tangible Book Value Per Share	26.40	24.07	23.71	23.37	23.10	6.14
Buildings	-	113.8	-	-	-	-
Machinery	-	127.37	83.34	29.15	16.2	10.48
Construction In Progress	-	1.18	18.91	-	-	-