SHA:688391 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	494.72	556.27	630.7	156.81	641.22	110.58
Short-Term Investments	-	154.3	247.12	107.33	32.27	-
Trading Asset Securities	707.35	536.52	430	829	626	53
Cash & Short-Term Investments	1,202	1,247	1,308	1,093	1,299	163.58
Cash Growth	-15.78%	-4.64%	19.64%	-15.88%	694.40%	73.45%
Accounts Receivable	91.38	164.04	131.91	117.9	92.58	46.16
Other Receivables	49.42	0.17	0.13	0.3	2.11	9.76
Receivables	140.8	164.21	132.04	118.2	94.7	55.93
Inventory	209.72	248.71	158.55	161.6	168.8	63.26
Other Current Assets	22.63	10.99	6.31	12.78	38.81	9.39
Total Current Assets	1,575	1,671	1,605	1,386	1,602	292.15
Property, Plant & Equipment	220.11	222.23	203.08	110.73	116.2	96.12
Long-Term Investments	79.58	54.39	153.9	521.67	335.84	-
Other Intangible Assets	20.52	19.98	9.89	13.37	18.99	3.77
Long-Term Deferred Tax Assets	44.63	39.76	28.69	17.82	3.83	1.12
Long-Term Deferred Charges	0.2	0.39	1.02	0.68	0.98	1.59
Other Long-Term Assets	0.9	0.9	15.37	111.75	110.25	25.75
Total Assets	1,941	2,009	2,017	2,162	2,188	420.5
Accounts Payable	13.19	56.79	50.69	27.29	71.7	37.37
Accrued Expenses	12.47	50.19	65.32	70.67	91.94	52.57
Current Portion of Leases	-	0.22	0.77	0.11	0.8	1.11
Current Income Taxes Payable	3.58	-	0.39	-	-	-
Current Unearned Revenue	22.56	18.52	10	4.67	5.94	10.9
Other Current Liabilities	12.65	9.04	14.14	11.99	8.79	7.44
Total Current Liabilities	64.45	134.75	141.31	114.73	179.17	109.39
Long-Term Leases	0.13	0.2	0.09	-	0.11	1
Long-Term Unearned Revenue	6.65	6.9	7.23	4.73	4.26	4.37
Other Long-Term Liabilities	6.12	7.69	-	1.97	6.19	-
Total Liabilities	77.34	149.54	148.63	121.43	189.72	114.76
Common Stock	115.18	115.18	114.59	83.52	57.6	43.2
Additional Paid-In Capital	1,343	1,342	1,325	1,548	1,574	96.05
Retained Earnings	414.29	410.39	436.61	408.69	366.53	166.48
Comprehensive Income & Other	-8.37	-8.37	-8.57	-	-	-
Shareholders' Equity	1,864	1,859	1,868	2,040	1,998	305.73
Total Liabilities & Equity	1,941	2,009	2,017	2,162	2,188	420.5
Total Debt	0.13	0.42	0.85	0.11	0.91	2.11
Net Cash (Debt)	1,202	1,247	1,307	1,093	1,299	161.47
Net Cash Growth	-15.78%	-4.61%	19.57%	-15.83%	704.21%	71.22%
Net Cash Per Share	10.03	10.81	11.12	9.03	13.20	1.78
Filing Date Shares Outstanding	115.18	115.18	111.67	121.1	121.1	90.83
Total Common Shares Outstanding	115.18	115.18	111.67	121.1	121.1	90.83
Working Capital	1,511	1,536	1,463	1,271	1,423	182.76
Book Value Per Share	16.18	16.14	16.73	16.85	16.50	3.37
Tangible Book Value	1,843	1,839	1,858	2,027	1,979	301.97
Tangible Book Value Per Share	16.00	15.97	16.64	16.74	16.34	3.32
Buildings	-	241.63	226.46	126.88	126.88	108.25
Machinery	-	29.73	26.98	24.59	22.13	15.32
Construction In Progress	-	13.35	-	-	-	-