SHA:688365 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	-	221.15	292.79	72.74	235.97
Trading Asset Securities	-	81	27	201.42	223.18
Cash & Short-Term Investments	256.29	302.15	319.79	274.16	459.15
Cash Growth	-15.18%	-5.52%	16.64%	-40.29%	-45.14%
Accounts Receivable	-	62.58	54.36	57.13	50.27
Other Receivables	-	17.16	10.94	7.73	10.99
Receivables	-	79.74	65.29	64.85	61.27
Inventory	-	8.78	9.97	18.34	15.59
Other Current Assets	-	48.77	54.33	51.02	58.33
Total Current Assets	-	439.43	449.38	408.38	594.34
Property, Plant & Equipment	-	245.46	212.17	120.01	65
Long-Term Investments	-	544.76	567.41	468.99	459.94
Goodwill	-	190.28	194.6	196.34	206.72
Other Intangible Assets	-	57.29	69.93	82.61	101.7
Long-Term Deferred Tax Assets	-	5.99	5.99	5.99	19.22
Long-Term Deferred Charges	-	118.4	68.23	33.05	10.92
Other Long-Term Assets	-	1.63	-	-	28.19
Total Assets	-	1,603	1,568	1,315	1,486
Accounts Payable	-	38.11	47.89	30.58	8.46
Accrued Expenses	-	45.16	46.33	42.21	57.8
Short-Term Debt	-	166.43	116	131.04	68
Current Portion of Leases	-	1.53	1.88	7.16	9.76
Current Income Taxes Payable	-	0.04	0.02	0.04	0.02
Current Unearned Revenue	-	191.53	159.83	135.98	131.5
Other Current Liabilities	-	42.6	40.6	25.97	47.88
Total Current Liabilities	-	485.42	412.56	372.97	323.41
Long-Term Debt	-	17.73	34.45	-	-
Long-Term Leases	-	1.49	1.89	1.06	8.69
Long-Term Unearned Revenue	-	137.97	86.21	58.69	24.71
Long-Term Deferred Tax Liabilities	-	7.3	9.41	11.53	14.1
Other Long-Term Liabilities	-	-	0	0.07	0.08
Total Liabilities	-	649.91	544.52	444.33	370.99
Common Stock	-	425.82	425.82	401	401
Additional Paid-In Capital	-	632.75	625.08	484.17	509.56
Retained Earnings	-	-83.7	-1.66	16.79	195.67
Treasury Stock	-	-18.62	-26.02	-30.02	-
Total Common Equity	947.58	956.25	1,023	871.94	1,106
Minority Interest	-	-2.9	-0.05	-0.9	8.8
Shareholders' Equity	939.73	953.35	1,023	871.04	1,115
Total Liabilities & Equity	-	1,603	1,568	1,315	1,486
Total Debt	174.91	187.18	154.22	139.26	86.45
Net Cash (Debt)	81.39	114.97	165.57	134.9	372.7
Net Cash Growth	-29.21%	-30.56%	22.74%	-63.80%	-54.66%
Net Cash Per Share	0.19	0.27	0.36	0.34	0.94
Filing Date Shares Outstanding	631.29	440.97	591.89	399.41	401
Total Common Shares Outstanding	631.29	440.97	591.89	399.41	401
Working Capital	-	-45.98	36.82	35.4	270.92
Book Value Per Share	2.96	2.17	1.73	2.18	2.76
Tangible Book Value	540.55	708.68	758.71	592.99	797.81
Tangible Book Value Per Share	1.69	1.61	1.28	1.48	1.99
Buildings	-	246.43	3.12	3.12	3.12
Machinery	-	23.66	21.29	21.15	23.98
Construction In Progress	-	-	201.62	102.6	33.37

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