SHA:688292 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	294.64	244.39	309.16	446.54	470.02	77.85
Trading Asset Securities	595.25	751.16	446.54	305.17	162.01	158.13
Cash & Short-Term Investments	889.89	995.55	755.7	751.72	632.03	235.98
Cash Growth	-16.84%	31.74%	0.53%	18.94%	167.83%	11.11%
Accounts Receivable	228	215.19	213.85	242.42	235.78	156.02
Other Receivables	6.08	5.62	6.62	4.46	6.5	3.39
Receivables	234.08	220.81	220.48	246.88	242.28	159.41
Inventory	133.83	120.13	131.42	204.17	273.92	181.02
Other Current Assets	14.66	13.59	13.51	3.94	12.76	10.42
Total Current Assets	1,272	1,350	1,121	1,207	1,161	586.83
Property, Plant & Equipment	43.02	33.58	49.86	39.6	48.81	4.27
Long-Term Investments	48.61	27.88	30	30	-	-
Goodwill	174.89	97.51	97.51	-	-	-
Other Intangible Assets	65.6	49.68	29.83	0.24	0.02	0.13
Long-Term Deferred Tax Assets	58.45	37.31	39	14.16	13.64	5.73
Long-Term Deferred Charges	5.86	3.76	18.95	7.59	-	0.05
Other Long-Term Assets	11.8	6.36	6.81	0.72	1.51	-
Total Assets	1,681	1,606	1,393	1,299	1,225	597.01
Accounts Payable	84.14	83.84	91.48	110.24	115.74	125.47
Accrued Expenses	15.29	14.79	91.32	34.87	22.77	35.09
Current Portion of Long-Term Debt	15.91	11.63	-	-	-	-
Current Portion of Leases	-	-	10.26	7.11	6.52	1.04
Current Income Taxes Payable	0.78	5.26	0.03	-	0.81	2.84
Current Unearned Revenue	49.87	33.2	32.86	78.48	57.03	52.67
Other Current Liabilities	67.07	10.9	1.89	0.91	0.64	1.69
Total Current Liabilities	233.06	159.62	227.84	231.61	203.52	218.79
Long-Term Debt	315.98	313.34	-	-	-	-
Long-Term Leases	7.86	8.39	19.49	23.02	30.37	0.45
Long-Term Unearned Revenue	1.35	1.4	0.53	-	-	-
Long-Term Deferred Tax Liabilities	12.09	3.31	9.21	4.67	5.54	0.18
Total Liabilities	570.34	486.06	257.07	259.3	239.43	219.41
Common Stock	158.35	158.35	158.35	157.15	157.15	117.86
Additional Paid-In Capital	620.85	614.39	663.63	650.25	643.27	110.25
Retained Earnings	199.5	227.46	249.59	232.31	185.12	149.4
Treasury Stock	-	-	-30.19	-	-	-
Comprehensive Income & Other	29.12	29.12	-	-	-	-
Total Common Equity	1,008	1,029	1,041	1,040	985.53	377.51
Minority Interest	102.54	90.78	94.62	-0	0.01	0.08
Shareholders' Equity	1,110	1,120	1,136	1,040	985.54	377.59
Total Liabilities & Equity	1,681	1,606	1,393	1,299	1,225	597.01
Total Debt	339.76	333.36	29.76	30.13	36.89	1.48
Net Cash (Debt)	550.13	662.19	725.94	721.59	595.14	234.5
Net Cash Growth	-25.42%	-8.78%	0.60%	21.25%	153.79%	11.33%
Net Cash Per Share	3.30	3.97	4.62	4.59	4.51	2.01
Filing Date Shares Outstanding	155.02	208.04	156.62	157.15	157.15	117.86
Total Common Shares Outstanding	155.02	208.04	156.62	157.15	157.15	117.86
Working Capital	1,039	1,190	893.27	975.08	957.47	368.04
Book Value Per Share	6.50	4.95	6.65	6.62	6.27	3.20
Tangible Book Value	767.32	882.13	914.03	1,039	985.51	377.38
Tangible Book Value Per Share	4.95	4.24	5.84	6.61	6.27	3.20
Machinery	-	-	60.87	36.83	37.47	34.09
Construction In Progress	-	-	-	-	5.78	-

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