SHA:688310 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

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	52.51	234.42	118.22	289.02	224.95	314.84
Trading Asset Securities	201.38	151.55	150.05	55.91	65.15	40.03
Cash & Short-Term Investments	253.88	385.97	268.28	344.93	290.1	354.87
Cash Growth	-28.45%	43.87%	-22.22%	18.90%	-18.25%	-16.59%
Accounts Receivable	86.18	125.98	162.26	213.62	128.55	137.67
Other Receivables	13.25	9.13	5.46	6.41	87.96	3.29
Receivables	99.43	135.11	167.72	220.03	216.51	140.96
Inventory	190	163.62	139.49	143.71	116.58	100.37
Other Current Assets	43.36	24.61	31.18	11.65	12.7	14.23
Total Current Assets	586.68	709.31	606.67	720.32	635.88	610.43
Property, Plant & Equipment	406.91	393.25	382.92	362.1	335.82	221.47
Long-Term Investments	0.05	0.05	0.06	0.06	0.05	-
Goodwill	-	-	-	10.42	10.42	-
Other Intangible Assets	45.19	46.15	47.24	49.08	39.98	41.11
Long-Term Accounts Receivable	10.14	12.55	4.72	-	2.44	-
Long-Term Deferred Tax Assets	4.28	5.68	7.86	7.17	4.72	5.28
Long-Term Deferred Charges	7.02	7.66	0.58	0.02	0.11	0.29
Other Long-Term Assets	15.52	10.82	3.36	0.67	8.84	0.72
Total Assets	1,076	1,185	1,053	1,150	1,038	879.31

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
Accounts Payable	49.03	48.19	28.96	69	51.99	17.16
Accrued Expenses	19.36	28.38	16.18	22.71	17.85	16.52
Current Portion of Long-Term Debt	5.63	5.17	-	-	-	-
Current Portion of Leases	1.64	1.65	0.17	0.9	0.81	1.32
Current Income Taxes Payable	-	11.24	-	5.04	8.7	2.16
Current Unearned Revenue	142.24	113.44	98.97	55.48	60.05	35.98
Other Current Liabilities	14.52	30.15	16.14	37.3	53.69	29.39
Total Current Liabilities	232.41	238.22	160.42	190.43	193.09	102.54
Long-Term Debt	47.57	45.82	30.01	-	-	-
Long-Term Leases	9.49	10.18	0.18	0.87	0.56	1.39
Long-Term Unearned Revenue	15.27	16.18	17.35	18.3	14.16	11.34
Long-Term Deferred Tax Liabilities	0.01	0.02	-	0.01	0	0.45
Other Long-Term Liabilities	-	-	-	-	0.85	0.95
Total Liabilities	304.75	310.41	207.96	209.6	208.66	116.67

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
Common Stock	164.32	166.22	166.22	118.05	83.9	83.6
Additional Paid-In Capital	427.87	456.07	454.12	492.38	511.01	491.58
Retained Earnings	212.58	269.37	204.43	283.44	223.88	188.62
Treasury Stock	-29.17	-29.17	-15.01	-	-	-
Comprehensive Income & Other	0.04	-0.42	0.28	-0.02	0.39	0.56
Total Common Equity	775.64	862.08	810.05	893.84	819.18	764.36
Minority Interest	-4.62	12.96	35.4	46.41	10.42	-1.72
Shareholders' Equity	771.02	875.04	845.45	940.26	829.6	762.64
Total Liabilities & Equity	1,076	1,185	1,053	1,150	1,038	879.31

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
Total Debt	64.33	62.82	30.36	1.77	1.37	2.72
Net Cash (Debt)	189.55	323.15	237.92	343.16	288.73	352.15
Net Cash Growth	-35.68%	35.82%	-30.67%	18.85%	-18.01%	-17.23%
Net Cash Per Share	1.12	1.99	1.43	2.10	1.75	2.15
Filing Date Shares Outstanding	161.73	163.63	163.63	165.27	164.45	163.86
Total Common Shares Outstanding	161.73	163.63	164.92	165.27	164.45	163.86
Working Capital	354.27	471.09	446.25	529.9	442.79	507.9
Book Value Per Share	4.80	5.27	4.91	5.41	4.98	4.66
Tangible Book Value	730.45	815.93	762.81	834.33	768.78	723.25
Tangible Book Value Per Share	4.52	4.99	4.63	5.05	4.67	4.41
Buildings	360.81	322.73	325.25	320.46	292.44	60.21
Machinery	181.75	143.73	121.65	103.52	87.47	33.9
Construction In Progress	13.88	59.67	50.01	24.38	16.44	175.13