SHA:688365 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	117.17	162.31	221.15	292.79	72.74	235.97
Trading Asset Securities	50.87	65	81	27	201.42	223.18
Cash & Short-Term Investments	168.04	227.31	302.15	319.79	274.16	459.15
Cash Growth	-37.98%	-24.77%	-5.52%	16.64%	-40.29%	-45.14%
Accounts Receivable	113.48	72.21	62.58	54.36	57.13	50.27
Other Receivables	2.69	9.97	17.16	10.94	7.73	10.99
Receivables	116.17	82.19	79.74	65.29	64.85	61.27
Inventory	11.04	7.78	8.78	9.97	18.34	15.59
Prepaid Expenses	-	0.9	-	-	-	-
Other Current Assets	68.27	62.19	48.77	54.33	51.02	58.33
Total Current Assets	363.52	380.37	439.43	449.38	408.38	594.34
Property, Plant & Equipment	234.17	241.01	245.46	212.17	120.01	65
Long-Term Investments	567.72	570.58	544.76	567.41	468.99	459.94
Goodwill	335.15	335.15	190.28	194.6	196.34	206.72
Other Intangible Assets	39.21	44.68	57.29	69.93	82.61	101.7
Long-Term Deferred Tax Assets	5.99	5.99	5.99	5.99	5.99	19.22
Long-Term Deferred Charges	142.24	170.07	118.4	68.23	33.05	10.92
Other Long-Term Assets	52.08	-	1.63	-	-	28.19
Total Assets	1,740	1,748	1,603	1,568	1,315	1,486

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	24.37	28.06	43.66	47.89	30.58	8.46
Accrued Expenses	41.37	54.43	39.65	46.33	42.21	57.8
Short-Term Debt	135.42	104.5	166.43	116	131.04	68
Current Portion of Leases	-	1.34	1.53	1.88	7.16	9.76
Current Income Taxes Payable	7.53	1.18	-	0.02	0.04	0.02
Current Unearned Revenue	284.73	216.27	191.53	159.83	135.98	131.5
Other Current Liabilities	57.87	135.1	42.6	40.6	25.97	47.88
Total Current Liabilities	551.68	540.88	485.42	412.56	372.97	323.41
Long-Term Debt	45.96	51.61	17.73	34.45	-	-
Long-Term Leases	2.18	1.77	1.49	1.89	1.06	8.69
Long-Term Unearned Revenue	-	206.38	137.97	86.21	58.69	24.71
Long-Term Deferred Tax Liabilities	4.35	5.2	7.3	9.41	11.53	14.1
Other Long-Term Liabilities	177.63	-	-	0	0.07	0.08
Total Liabilities	781.8	805.84	649.91	544.52	444.33	370.99

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	425.82	425.82	425.82	425.82	401	401
Additional Paid-In Capital	647.6	641.27	632.75	625.08	484.17	509.56
Retained Earnings	-98.14	-109.78	-83.7	-1.66	16.79	195.67
Treasury Stock	-11.17	-11.9	-18.62	-26.02	-30.02	-
Total Common Equity	964.11	945.41	956.25	1,023	871.94	1,106
Minority Interest	-5.83	-3.38	-2.9	-0.05	-0.9	8.8
Shareholders' Equity	958.29	942.03	953.35	1,023	871.04	1,115
Total Liabilities & Equity	1,740	1,748	1,603	1,568	1,315	1,486

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	183.95	159.22	187.18	154.22	139.26	86.45
Net Cash (Debt)	-15.91	68.09	114.97	165.57	134.9	372.7
Net Cash Growth	-	-40.77%	-30.56%	22.74%	-63.80%	-54.66%
Net Cash Per Share	-0.04	0.16	0.27	0.36	0.34	0.94
Filing Date Shares Outstanding	173.89	566.63	403.69	591.89	399.41	401
Total Common Shares Outstanding	173.89	566.63	403.69	591.89	399.41	401
Working Capital	-188.16	-160.51	-45.98	36.82	35.4	270.92
Book Value Per Share	5.54	1.67	2.37	1.73	2.18	2.76
Tangible Book Value	589.75	565.57	708.68	758.71	592.99	797.81
Tangible Book Value Per Share	3.39	1.00	1.76	1.28	1.48	1.99
Buildings	-	252.87	246.43	3.12	3.12	3.12
Machinery	-	24.39	23.66	21.29	21.15	23.98
Construction In Progress	-	-	-	201.62	102.6	33.37