SHA:688290 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	215.48	212.29	8.29	400.02	486.93	210.58
Trading Asset Securities	366.21	395.61	-	334.39	293.26	40
Cash & Short-Term Investments	581.69	607.9	8.29	734.41	780.2	250.58
Cash Growth	3.95%	7233.77%	-98.87%	-5.87%	211.36%	22.30%
Accounts Receivable	182.86	141.33	36.15	243.99	273.18	212.17
Other Receivables	10.96	7.3	4.2	8.94	3.16	3.73
Receivables	193.82	148.63	40.35	252.93	276.34	215.9
Inventory	119.47	82.97	22.29	97.1	87.6	148.22
Other Current Assets	46.12	128.89	0.59	13.1	10.68	5.86
Total Current Assets	941.1	968.39	71.52	1,098	1,155	620.56
Property, Plant & Equipment	472.67	471.47	1.48	304.71	159.46	60.19
Long-Term Investments	293.64	177.74	-	101.55	-	-
Other Intangible Assets	61.42	44.1	27.26	47.65	35.56	0.93
Long-Term Accounts Receivable	15.71	-	2.29	11.85	29.47	7.75
Long-Term Deferred Tax Assets	28.51	23.17	0.69	7.91	4.28	3.24
Long-Term Deferred Charges	3.84	2.71	0.03	0.38	0.57	1.01
Other Long-Term Assets	25.49	31.18	-	-	-	0.13
Total Assets	1,921	1,719	103.28	1,572	1,384	693.81
Accounts Payable	218.79	190.03	19.05	110.24	96.47	166.78
Accrued Expenses	8.75	16.13	22.64	21.25	46.62	27.8
Short-Term Debt	111.73	127.6	-	-	-	-
Current Portion of Long-Term Debt	-	0.38	-	-	-	-
Current Portion of Leases	1.7	-	-	2.88	4.14	5.65
Current Income Taxes Payable	3.32	5.9	1.44	2.68	18.83	10.34
Current Unearned Revenue	112	98.91	13.9	88.6	117.49	156.96
Other Current Liabilities	32.7	33.08	6.84	45.07	42.53	8.69
Total Current Liabilities	488.99	472.02	63.87	270.72	326.07	376.23
Long-Term Debt	-	-	-	32.29	-	-
Long-Term Leases	1.94	-	-	1.12	0.69	1.97
Long-Term Unearned Revenue	0.51	1.6	-	4.55	1.05	6.71
Long-Term Deferred Tax Liabilities	-	0.05	-	0.1	-	-
Other Long-Term Liabilities	2.3	-	-	0.7	0.2	-
Total Liabilities	493.75	473.68	63.87	309.48	328.01	384.9
Common Stock	102.19	102.19	1	102.19	82.4	61.8
Additional Paid-In Capital	1,024	917.87	-	915.11	724.77	119.75
Retained Earnings	210.16	220.54	38.41	242.44	248.95	127.35
Treasury Stock	-24.26	-24.26	-	-	-	-
Comprehensive Income & Other	27.9	27.9	-	-	-	-
Total Common Equity	1,340	1,244	39.41	1,260	1,056	308.91
Minority Interest	86.77	0.83	-	2.37	-	-
Shareholders' Equity	1,427	1,245	39.41	1,262	1,056	308.91
Total Liabilities & Equity	1,921	1,719	103.28	1,572	1,384	693.81
Total Debt	115.37	127.98	-	36.3	4.82	7.61
Net Cash (Debt)	466.32	479.92	8.29	698.12	775.37	242.96
Net Cash Growth	-4.47%	5689.77%	-98.81%	-9.96%	219.13%	19.37%
Net Cash Per Share	4.82	4.80	0.08	7.04	8.42	3.29
Filing Date Shares Outstanding	96.84	92.52	101.36	102.19	98.88	74.16
Total Common Shares Outstanding	96.84	92.52	101.36	102.19	98.88	74.16
Working Capital	452.11	496.37	7.65	826.82	828.74	244.33
Book Value Per Share	13.84	13.45	0.39	12.33	10.68	4.17
Tangible Book Value	1,200	1,200	12.14	1,212	1,021	307.98
Tangible Book Value Per Share	12.40	12.97	0.12	11.86	10.32	4.15
Buildings	-	-	-	37.17	37.17	37.17
Machinery	-	-	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.