SHA:688290 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	28.06	8.29	400.02	486.93	210.58
Trading Asset Securities	20.14	-	334.39	293.26	40
Cash & Short-Term Investments	48.19	8.29	734.41	780.2	250.58
Cash Growth	481.40%	-98.87%	-5.87%	211.36%	22.30%
Accounts Receivable	67.44	36.15	243.99	273.18	212.17
Other Receivables	2.59	4.2	8.94	3.16	3.73
Receivables	70.04	40.35	252.93	276.34	215.9
Inventory	31.18	22.29	97.1	87.6	148.22
Other Current Assets	0.36	0.59	13.1	10.68	5.86
Total Current Assets	149.77	71.52	1,098	1,155	620.56
Property, Plant & Equipment	5.19	1.48	304.71	159.46	60.19
Long-Term Investments	-	-	101.55	-	-
Other Intangible Assets	21.21	27.26	47.65	35.56	0.93
Long-Term Accounts Receivable	5.72	2.29	11.85	29.47	7.75
Long-Term Deferred Tax Assets	1.13	0.69	7.91	4.28	3.24
Long-Term Deferred Charges	1.17	0.03	0.38	0.57	1.01
Other Long-Term Assets	-	-	-	-	0.13
Total Assets	184.2	103.28	1,572	1,384	693.81
Accounts Payable	73.03	19.05	110.24	96.47	166.78
Accrued Expenses	4.98	22.64	21.25	46.62	27.8
Short-Term Debt	27.02	-	-	-	-
Current Portion of Leases	1.3	-	2.88	4.14	5.65
Current Income Taxes Payable	0.61	1.44	2.68	18.83	10.34
Current Unearned Revenue	11.64	13.9	88.6	117.49	156.96
Other Current Liabilities	4.4	6.84	45.07	42.53	8.69
Total Current Liabilities	122.99	63.87	270.72	326.07	376.23
Long-Term Debt	-	-	32.29	-	-
Long-Term Leases	2.33	-	1.12	0.69	1.97
Long-Term Unearned Revenue	-	-	4.55	1.05	6.71
Long-Term Deferred Tax Liabilities	-	-	0.1	-	-
Other Long-Term Liabilities	-	-	0.7	0.2	-
Total Liabilities	125.32	63.87	309.48	328.01	384.9
Common Stock	10	1	102.19	82.4	61.8
Additional Paid-In Capital	-	-	915.11	724.77	119.75
Retained Earnings	48.88	38.41	242.44	248.95	127.35
Total Common Equity	58.88	39.41	1,260	1,056	308.91
Minority Interest	-	-	2.37	-	-
Shareholders' Equity	58.88	39.41	1,262	1,056	308.91
Total Liabilities & Equity	184.2	103.28	1,572	1,384	693.81
Total Debt	30.66	-	36.3	4.82	7.61
Net Cash (Debt)	17.54	8.29	698.12	775.37	242.96
Net Cash Growth	111.55%	-98.81%	-9.96%	219.13%	19.37%
Net Cash Per Share	-	0.08	7.04	8.42	3.29
Filing Date Shares Outstanding	-	101.36	102.19	98.88	74.16
Total Common Shares Outstanding	-	101.36	102.19	98.88	74.16
Working Capital	26.78	7.65	826.82	828.74	244.33
Book Value Per Share	-	0.39	12.33	10.68	4.17
Tangible Book Value	37.66	12.14	1,212	1,021	307.98
Tangible Book Value Per Share	-	0.12	11.86	10.32	4.15
Buildings	-	-	37.17	37.17	37.17
Machinery	2.58	2.24	27.41	27.28	26.22
Construction In Progress	-	-	253.34	106.02	0.7

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