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	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	220.54	294.03	211.39	133.58	202.41	214.35
Trading Asset Securities	50.11	50.12	96.17	160.25	150.59	90.4
Cash & Short-Term Investments	270.65	344.15	307.55	293.83	353.01	304.75
Cash Growth	0.71%	11.90%	4.67%	-16.76%	15.83%	-19.83%
Accounts Receivable	194.87	87.05	86.22	140.34	142.71	209.65
Other Receivables	4.28	4.38	4.75	2.22	0.93	0.22
Receivables	199.15	91.43	90.97	142.56	143.64	209.87
Inventory	57.16	42.28	53.47	35.84	22.23	22.34
Prepaid Expenses	-	0	0	0.33	0	0
Other Current Assets	52.47	66.67	14.14	11.49	8.46	5.17
Total Current Assets	579.43	544.54	466.14	484.04	527.34	542.13
Property, Plant & Equipment	370.09	339.48	321.71	274.34	222.36	132.63
Long-Term Investments	43.78	43.91	44.79	47	37.14	38.69
Goodwill	16.42	16.42	16.42	-	-	-
Other Intangible Assets	51.49	51.37	33.27	25.96	26.58	27.19
Long-Term Deferred Tax Assets	20.28	17.83	15.88	14.96	9.9	7.52
Long-Term Deferred Charges	0.2	0.23	0.51	0.81	0.53	0.78
Other Long-Term Assets	5.62	5.15	16.87	5	5.48	8.64
Total Assets	1,087	1,019	915.58	852.12	829.32	757.59
Accounts Payable	75.14	74.56	56.76	79.32	60.54	24.6
Accrued Expenses	7.49	17.72	17.02	8.97	8.9	2.86
Short-Term Debt	0.64	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	13.06	3.96	2.28	-	3.33	0.93
Current Unearned Revenue	71.98	80.59	49.21	17.45	32.52	15.64
Other Current Liabilities	-	1.24	0.91	15.37	6.72	5.48
Total Current Liabilities	169.11	196.86	158.19	121.12	112.02	49.5
Long-Term Debt	11.51	11.51	-	-	-	-
Long-Term Leases	1.42	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	1.68	1.74	0.42	0.04	0.09	0.06
Other Long-Term Liabilities	-	-	-	-	-	0.06
Total Liabilities	189.23	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	445.23	444.64	451.72	451	451	447.44
Retained Earnings	280.98	238.46	212.01	201.9	189.62	175
Treasury Stock	-	-	-10.01	-10.01	-10.01	-
Comprehensive Income & Other	7.5	6.67	4.02	2.55	1.07	-
Total Common Equity	813.11	769.18	737.76	725.45	711.7	702.45
Minority Interest	84.97	31.65	11.19	-	-	-
Shareholders' Equity	898.08	800.83	748.95	725.45	711.7	702.45
Total Liabilities & Equity	1,087	1,019	915.58	852.12	829.32	757.59
Total Debt	14.36	32.78	34.52	-	-	-
Net Cash (Debt)	256.29	311.37	273.03	293.83	353.01	304.75
Net Cash Growth	-3.49%	14.04%	-7.08%	-16.76%	15.83%	-19.83%
Net Cash Per Share	3.22	3.91	3.45	3.67	4.43	3.81
Filing Date Shares Outstanding	79.4	78.33	72.74	80.01	80.93	80.01
Total Common Shares Outstanding	79.4	78.33	72.74	80.01	80.93	80.01
Working Capital	410.32	347.67	307.94	362.92	415.32	492.63
Book Value Per Share	10.24	9.82	10.14	9.07	8.79	8.78
Tangible Book Value	745.2	701.39	688.07	699.49	685.12	675.26
Tangible Book Value Per Share	9.39	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

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