SHA:688309 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	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	221.97	294.03	211.39	133.58	202.41	214.35
Trading Asset Securities	30.04	50.12	96.17	160.25	150.59	90.4
Cash & Short-Term Investments	252.01	344.15	307.55	293.83	353.01	304.75
Cash Growth	-9.62%	11.90%	4.67%	-16.76%	15.83%	-19.83%
Accounts Receivable	157.54	87.05	86.22	140.34	142.71	209.65
Other Receivables	0.99	4.38	4.75	2.22	0.93	0.22
Receivables	158.52	91.43	90.97	142.56	143.64	209.87
Inventory	89.62	42.28	53.47	35.84	22.23	22.34
Prepaid Expenses	-	0	0	0.33	0	0
Other Current Assets	51.41	66.67	14.14	11.49	8.46	5.17
Total Current Assets	551.57	544.54	466.14	484.04	527.34	542.13
Property, Plant & Equipment	382.13	339.48	321.71	274.34	222.36	132.63
Long-Term Investments	43.68	43.91	44.79	47	37.14	38.69
Goodwill	16.42	16.42	16.42	-	-	-
Other Intangible Assets	54.99	51.37	33.27	25.96	26.58	27.19
Long-Term Deferred Tax Assets	17.59	17.83	15.88	14.96	9.9	7.52
Long-Term Deferred Charges	0.19	0.23	0.51	0.81	0.53	0.78
Other Long-Term Assets	30.77	5.15	16.87	5	5.48	8.64
Total Assets	1,097	1,019	915.58	852.12	829.32	757.59
Accounts Payable	77.03	74.56	56.76	79.32	60.54	24.6
Accrued Expenses	3.72	17.72	17.02	8.97	8.9	2.86
Short-Term Debt	-	18	31.38	-	-	-
Current Portion of Long-Term Debt	0.8	0.01	-	-	-	-
Current Portion of Leases	-	0.78	0.64	-	-	-
Current Income Taxes Payable	10.96	3.96	2.28	-	3.33	0.93
Current Unearned Revenue	27.9	80.59	49.21	17.45	32.52	15.64
Other Current Liabilities	5.72	1.24	0.91	15.37	6.72	5.48
Total Current Liabilities	126.12	196.86	158.19	121.12	112.02	49.5
Long-Term Debt	11.51	11.51	-	-	-	-
Long-Term Leases	1.29	2.48	2.5	-	-	-
Long-Term Unearned Revenue	5.51	5.51	5.51	5.51	5.51	5.51
Long-Term Deferred Tax Liabilities	2.85	1.74	0.42	0.04	0.09	0.06
Other Long-Term Liabilities	-	-	-	-	-	0.06
Total Liabilities	147.27	218.1	166.63	126.67	117.62	55.14
Common Stock	79.4	79.4	80.01	80.01	80.01	80.01
Additional Paid-In Capital	445.82	444.64	451.72	451	451	447.44
Retained Earnings	306.04	238.46	212.01	201.9	189.62	175
Treasury Stock	-	-	-10.01	-10.01	-10.01	-
Comprehensive Income & Other	8.32	6.67	4.02	2.55	1.07	-
Total Common Equity	839.58	769.18	737.76	725.45	711.7	702.45
Minority Interest	110.49	31.65	11.19	-	-	-
Shareholders' Equity	950.07	800.83	748.95	725.45	711.7	702.45
Total Liabilities & Equity	1,097	1,019	915.58	852.12	829.32	757.59
Total Debt	13.59	32.78	34.52	-	-	-
Net Cash (Debt)	238.42	311.37	273.03	293.83	353.01	304.75
Net Cash Growth	-11.74%	14.04%	-7.08%	-16.76%	15.83%	-19.83%
Net Cash Per Share	3.07	3.91	3.45	3.67	4.43	3.81
Filing Date Shares Outstanding	79.58	78.33	72.74	80.01	80.93	80.01
Total Common Shares Outstanding	79.58	78.33	72.74	80.01	80.93	80.01
Working Capital	425.45	347.67	307.94	362.92	415.32	492.63
Book Value Per Share	10.55	9.82	10.14	9.07	8.79	8.78
Tangible Book Value	768.17	701.39	688.07	699.49	685.12	675.26
Tangible Book Value Per Share	9.65	8.95	9.46	8.74	8.47	8.44
Buildings	-	298.02	285.41	246.77	183.47	101.67
Machinery	-	65.85	61.2	28.26	28.53	24.9
Construction In Progress	-	47.42	26.42	44.84	43.71	30.49