SHA:688273 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	367.05	816.45	461.56	991.63	1,176	272.62
Trading Asset Securities	356.03	-	433.42	105.65	40	-
Cash & Short-Term Investments	723.07	816.45	894.98	1,097	1,216	272.62
Cash Growth	-9.54%	-8.77%	-18.44%	-9.75%	345.98%	81.97%
Accounts Receivable	37.99	27.91	17.79	11.41	26.84	10.18
Other Receivables	0.65	0.74	1.16	1.47	1.46	0.3
Receivables	38.63	28.66	18.94	12.88	28.3	10.48
Inventory	81.32	71.99	73.05	55.02	68.59	38.49
Prepaid Expenses	0.11	0.11	0.16	-	-	-
Other Current Assets	22	13.61	14.52	6.67	7.9	19.69
Total Current Assets	865.13	930.81	1,002	1,172	1,321	341.28
Property, Plant & Equipment	464.47	470.73	327.42	207.59	154.73	123.82
Long-Term Investments	128.17	100.08	98.73	79.7	0.56	0.44
Goodwill	41.23	41.23	41.9	0.91	0.91	0.91
Other Intangible Assets	44.75	49.57	55.61	31.21	18.5	7.19
Long-Term Deferred Tax Assets	21.08	17.93	9.49	9.99	6.14	6.47
Long-Term Deferred Charges	17.04	17.54	8.13	5.27	6.59	8.03
Other Long-Term Assets	30.05	1.38	3.69	27.4	3.88	0.59
Total Assets	1,612	1,629	1,547	1,534	1,512	488.74

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	16.48	14.17	17.04	9.16	12.57	13.09
Accrued Expenses	18.06	33.97	37.65	23.97	26.6	32.64
Short-Term Debt	17.92	13.1	7.01	-	-	-
Current Portion of Leases	3.66	3.84	2.94	6.13	1.44	2.12
Current Income Taxes Payable	0.85	1.14	0.68	3.45	9.26	5.12
Current Unearned Revenue	43.89	51.61	51.27	45.66	47.98	33.3
Other Current Liabilities	121.12	102.94	46.38	44.86	25.7	13.85
Total Current Liabilities	221.98	220.78	162.96	133.24	123.55	100.11
Long-Term Leases	6.9	9.49	0.65	2.37	7.99	4.1
Long-Term Unearned Revenue	15.72	15.78	15.94	17.75	6.03	10.44
Long-Term Deferred Tax Liabilities	2.57	3.68	5.46	5.25	4.39	1.36
Other Long-Term Liabilities	8.32	9.94	14.64	-	-	-
Total Liabilities	255.48	259.67	199.66	158.6	141.96	116.01

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	100	100	100	100.62	100	75
Additional Paid-In Capital	986.86	984.66	984.54	999.45	982.7	92.55
Retained Earnings	301.9	314.07	279.91	276.8	267.48	195.95
Treasury Stock	-53.58	-53.58	-52.25	-31.09	-	-
Total Common Equity	1,335	1,345	1,312	1,346	1,350	363.5
Minority Interest	21.27	24.44	34.76	29.54	19.77	9.24
Shareholders' Equity	1,356	1,370	1,347	1,375	1,370	372.74
Total Liabilities & Equity	1,612	1,629	1,547	1,534	1,512	488.74

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	28.48	26.42	10.6	8.51	9.43	6.22
Net Cash (Debt)	694.59	790.03	884.38	1,089	1,206	266.4
Net Cash Growth	-10.92%	-10.67%	-18.77%	-9.75%	352.86%	86.98%
Net Cash Per Share	7.10	8.08	8.98	10.89	14.48	3.55
Filing Date Shares Outstanding	97.81	97.81	97.81	99.51	100	75
Total Common Shares Outstanding	97.81	97.81	97.86	100.62	100	75
Working Capital	643.16	710.03	838.7	1,039	1,197	241.17
Book Value Per Share	13.65	13.75	13.41	13.37	13.50	4.85
Tangible Book Value	1,249	1,254	1,215	1,314	1,331	355.4
Tangible Book Value Per Share	12.77	12.82	12.41	13.06	13.31	4.74
Buildings	348.78	348.78	112.1	112.1	112.1	112.1
Machinery	62.24	60.87	53.53	44.39	37.31	21.95
Construction In Progress	109.31	105.88	203	77.04	19.99	-