SHA:688393 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	45.51	31.27	95.15	67.68	90.91	217.68
Trading Asset Securities	241.97	234.36	55.33	52.56	175.54	419.42
Cash & Short-Term Investments	287.48	265.63	150.48	120.25	266.45	637.1
Cash Growth	74.54%	76.52%	25.14%	-54.87%	-58.18%	-24.67%
Accounts Receivable	164.76	179.52	242.84	245.25	239.03	211.94
Other Receivables	2.79	2.24	4.37	4.26	4.19	4.06
Receivables	167.56	181.76	247.21	249.51	243.22	216.01
Inventory	106.1	90.12	84.44	74.97	63.07	40.57
Prepaid Expenses	-	0.35	2.54	1.93	2.12	3.99
Other Current Assets	11.63	74.26	207.58	120.92	20.22	11.51
Total Current Assets	572.76	612.13	692.25	567.57	595.08	909.17
Property, Plant & Equipment	225.26	238.32	298.53	314.38	327.04	276.65
Long-Term Investments	271.55	263.93	241.91	402.48	373.52	86.07
Goodwill	26.18	26.18	26.46	26.46	29.52	29.52
Other Intangible Assets	32.62	10.6	5.58	6.47	5.78	5.85
Long-Term Deferred Tax Assets	49.23	45.77	35.63	27.61	19.04	12.69
Long-Term Deferred Charges	20.92	37.49	40.55	32.37	15.75	4.17
Other Long-Term Assets	51.4	52.98	21.81	22.59	27.06	41.56
Total Assets	1,250	1,287	1,363	1,400	1,393	1,366

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	32.69	33.73	32.68	37.14	32.59	49.76
Accrued Expenses	11.58	31.68	29.39	30.63	34.31	28.14
Short-Term Debt	-	0.15	7.3	21.2	14.3	7
Current Portion of Leases	-	2.07	1.49	2	3.26	2.54
Current Income Taxes Payable	5.25	1.47	0.88	3.02	2.1	2.11
Current Unearned Revenue	10.05	7.7	6.32	6.82	12.72	8.32
Other Current Liabilities	8.49	6.56	6.44	9.52	14.99	8.97
Total Current Liabilities	70.04	83.37	84.51	110.33	114.26	106.84
Long-Term Leases	0.56	0.88	1.65	5.18	7.24	2.85
Long-Term Unearned Revenue	29.46	26.94	27.54	28.19	28.94	29.89
Long-Term Deferred Tax Liabilities	14.84	15.15	13.37	14	16.08	13.34
Other Long-Term Liabilities	1.65	1.65	3.92	3.92	3.92	3.04
Total Liabilities	116.55	127.98	130.99	161.63	170.45	155.96

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	93.57	93.57	93.57	93.57	93.34	93.34
Additional Paid-In Capital	680.55	718.78	734.14	749.14	741.35	733.87
Retained Earnings	363.18	371.78	428.16	420.9	394.29	376.79
Comprehensive Income & Other	-0.23	-0.16	-0.12	-	-0.38	-
Total Common Equity	1,137	1,184	1,256	1,264	1,229	1,204
Minority Interest	-3.7	-24.53	-24	-25.31	-6.27	5.72
Shareholders' Equity	1,133	1,159	1,232	1,238	1,222	1,210
Total Liabilities & Equity	1,250	1,287	1,363	1,400	1,393	1,366

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	2.53	3.1	10.44	28.39	24.8	12.39
Net Cash (Debt)	284.94	262.53	140.04	91.86	241.64	624.71
Net Cash Growth	93.39%	87.46%	52.45%	-61.99%	-61.32%	-26.13%
Net Cash Per Share	3.38	2.79	1.51	0.96	2.55	6.66
Filing Date Shares Outstanding	61.25	93.57	93.57	93.57	93.34	93.34
Total Common Shares Outstanding	61.25	93.57	93.57	93.57	93.34	93.34
Working Capital	502.72	528.76	607.74	457.23	480.81	802.34
Book Value Per Share	18.56	12.65	13.42	13.50	13.16	12.90
Tangible Book Value	1,078	1,147	1,224	1,231	1,193	1,169
Tangible Book Value Per Share	17.60	12.26	13.08	13.15	12.78	12.52
Buildings	-	216.09	256.64	256.58	238.97	216.44
Machinery	-	173.88	168.4	151.86	141.86	116.01
Construction In Progress	-	-	0.74	0.19	10.56	10.99