SHA:688369 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	575.94	708.85	789.07	1,031	1,220	1,273
Trading Asset Securities	6	55.53	20	3.09	24.76	245.33
Cash & Short-Term Investments	581.94	764.38	809.07	1,035	1,245	1,519
Cash Growth	-7.98%	-5.52%	-21.79%	-16.90%	-18.02%	-4.81%
Accounts Receivable	342.31	348.39	394.03	422.78	315.63	214.75
Other Receivables	27.65	26.72	21.23	19.21	19.28	13.32
Receivables	369.96	375.11	415.25	441.99	334.91	228.07
Inventory	48.31	32.36	27.19	25.6	14.8	6.59
Prepaid Expenses	-	-	-	0.18	-	0.86
Other Current Assets	22.24	22.67	21.11	16.94	18.14	9.59
Total Current Assets	1,022	1,195	1,273	1,519	1,613	1,764
Property, Plant & Equipment	126.59	132.3	142.41	156.88	175.48	162.42
Long-Term Investments	173.14	171.43	153.96	181.76	120.97	108.33
Goodwill	-	-	2.72	-	-	-
Other Intangible Assets	2.25	2.3	3.38	4.1	0.82	0.47
Long-Term Deferred Tax Assets	21.21	20.44	16.6	8.22	11.2	4.84
Long-Term Deferred Charges	2.77	2.76	4.14	5.75	11.23	7.83
Other Long-Term Assets	13.54	13.38	14.08	14.87	17.97	22.38
Total Assets	1,362	1,537	1,610	1,891	1,950	2,070

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	210.92	239.82	178.64	161.45	128.64	117.35
Accrued Expenses	54.19	101.98	81.57	88.36	125.55	213.31
Current Portion of Leases	-	21.23	22.97	20.71	32.19	26.84
Current Income Taxes Payable	29.23	0.64	1.19	2.04	2.37	3.85
Current Unearned Revenue	257.65	274.53	210.61	157.2	145.52	194.03
Other Current Liabilities	37.53	44.4	29.72	19.27	19.36	25.46
Total Current Liabilities	604.15	682.6	524.7	449.04	453.62	580.83
Long-Term Leases	14.05	15.71	14.99	21.81	29.21	39.41
Long-Term Unearned Revenue	0.14	0.07	0.06	-	-	-
Long-Term Deferred Tax Liabilities	6.6	6.46	6.48	5.68	0.81	3.14
Total Liabilities	624.93	704.84	546.23	476.53	483.65	623.38

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	115.22	115.22	115.16	115.16	77.27	76.99
Additional Paid-In Capital	951.42	942.15	970.73	969.15	1,008	987.18
Retained Earnings	-262.86	-150.21	81.63	333.41	408.27	355.68
Treasury Stock	-81.49	-93.86	-130.21	-50.2	-50.2	-
Comprehensive Income & Other	10.22	10.2	10.49	23.34	5.47	10.57
Total Common Equity	732.51	823.5	1,048	1,391	1,448	1,430
Minority Interest	4.51	8.8	15.88	23.44	18.35	16.22
Shareholders' Equity	737.02	832.3	1,064	1,414	1,467	1,447
Total Liabilities & Equity	1,362	1,537	1,610	1,891	1,950	2,070

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	28.68	36.94	37.96	42.52	61.4	66.24
Net Cash (Debt)	553.26	727.44	771.11	992.02	1,184	1,452
Net Cash Growth	-5.67%	-5.66%	-22.27%	-16.18%	-18.51%	-8.97%
Net Cash Per Share	4.79	6.31	6.71	8.73	10.32	12.56
Filing Date Shares Outstanding	113.84	111.2	110.38	114.34	113.91	114.71
Total Common Shares Outstanding	113.84	111.2	110.32	114.34	113.91	114.71
Working Capital	418.31	511.93	747.93	1,070	1,159	1,183
Book Value Per Share	6.43	7.41	9.50	12.16	12.72	12.47
Tangible Book Value	730.26	821.2	1,042	1,387	1,448	1,430
Tangible Book Value Per Share	6.41	7.38	9.44	12.13	12.71	12.47
Buildings	-	80.12	80.12	80.12	78.41	78.41
Machinery	-	39.2	36.53	36.51	35.95	28.64
Construction In Progress	-	20.25	21.43	21.43	21.43	-