SHA:688318 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	532.43	512.2	717.43	608.83	557.22
Short-Term Investments	-	165.49	940.61	2,079	1,975
Trading Asset Securities	1,568	1,566	1,616	167.16	182.22
Cash & Short-Term Investments	2,100	2,243	3,274	2,855	2,714
Cash Growth	-6.39%	-31.49%	14.69%	5.19%	13.90%
Accounts Receivable	43.43	45.21	49.39	33.16	16.37
Other Receivables	5.38	1.15	3.25	39.64	23.86
Receivables	48.81	46.37	52.64	72.81	40.23
Inventory	0.37	0.72	1.86	5.29	0.38
Other Current Assets	318.9	11.18	9.9	8.41	4.85
Total Current Assets	2,468	2,302	3,339	2,942	2,760
Property, Plant & Equipment	155.76	102.33	48.87	22.51	13.93
Long-Term Investments	784.33	1,376	207.57	366.56	490.76
Other Intangible Assets	11.77	12.08	12.17	12.16	-
Long-Term Deferred Tax Assets	22.18	23.29	21.54	16.94	0.24
Long-Term Deferred Charges	0.03	0.26	0.49	0.86	1.21
Other Long-Term Assets	613.35	5.51	6.56	7.15	8.28
Total Assets	4,055	3,821	3,636	3,368	3,274
Accounts Payable	43.03	33.4	13.13	-	0.89
Accrued Expenses	15.91	18.25	19.99	26.3	22.26
Current Portion of Long-Term Debt	0.53	-	-	-	-
Current Portion of Leases	-	0.55	1.26	1.15	1.21
Current Income Taxes Payable	18.62	21.99	19.15	13.9	12.81
Current Unearned Revenue	126.25	119.98	134.48	147.23	125.09
Other Current Liabilities	0.29	9.33	8.65	0.62	0.5
Total Current Liabilities	204.62	203.5	196.66	189.2	162.74
Long-Term Leases	0.73	0.11	0.97	1.87	3.01
Long-Term Unearned Revenue	-	-	-	4.09	-
Long-Term Deferred Tax Liabilities	8.6	2.9	3.35	2.72	1.55
Other Long-Term Liabilities	1.08	1.49	1.92	1.16	1.3
Total Liabilities	215.03	208	202.9	199.03	168.61
Common Stock	256.12	182.94	130.67	93.34	66.67
Additional Paid-In Capital	1,580	1,653	1,705	1,743	1,769
Retained Earnings	1,996	1,773	1,593	1,329	1,269
Comprehensive Income & Other	7.17	3.73	2.94	2.44	0.35
Total Common Equity	3,840	3,612	3,432	3,168	3,105
Minority Interest	0.73	0.73	0.71	0.93	-
Shareholders' Equity	3,840	3,613	3,433	3,169	3,105
Total Liabilities & Equity	4,055	3,821	3,636	3,368	3,274
Total Debt	1.26	0.67	2.24	3.01	4.22
Net Cash (Debt)	2,099	2,243	3,272	2,852	2,710
Net Cash Growth	-6.42%	-31.46%	14.73%	5.24%	13.72%
Net Cash Per Share	8.18	8.75	12.79	11.18	10.59
Filing Date Shares Outstanding	256.12	256.12	256.12	256.12	256.12
Total Common Shares Outstanding	256.12	256.12	256.12	256.12	256.12
Working Capital	2,263	2,098	3,142	2,752	2,597
Book Value Per Share	14.99	14.10	13.40	12.37	12.12
Tangible Book Value	3,828	3,600	3,420	3,156	3,105
Tangible Book Value Per Share	14.95	14.06	13.35	12.32	12.12
Buildings	-	24.84	19.22	19.22	17.74
Machinery	-	13.13	12.33	12.17	8.51
Construction In Progress	-	92.42	36.45	7.99	-

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