SHA:688393 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	36.29	31.27	95.15	67.68	90.91	217.68
Trading Asset Securities	263.95	234.36	55.33	52.56	175.54	419.42
Cash & Short-Term Investments	300.24	265.63	150.48	120.25	266.45	637.1
Cash Growth	211.28%	76.52%	25.14%	-54.87%	-58.18%	-24.67%
Accounts Receivable	170.44	179.52	242.84	245.25	239.03	211.94
Other Receivables	2.81	2.24	4.37	4.26	4.19	4.06
Receivables	173.25	181.76	247.21	249.51	243.22	216.01
Inventory	98.49	90.12	84.44	74.97	63.07	40.57
Prepaid Expenses	-	-	2.54	1.93	2.12	3.99
Other Current Assets	14.82	74.61	207.58	120.92	20.22	11.51
Total Current Assets	586.8	612.13	692.25	567.57	595.08	909.17
Property, Plant & Equipment	231.12	238.32	298.53	314.38	327.04	276.65
Long-Term Investments	271.42	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	33.67	10.6	5.58	6.47	5.78	5.85
Long-Term Deferred Tax Assets	44.11	45.77	35.63	27.61	19.04	12.69
Long-Term Deferred Charges	15.44	37.49	40.55	32.37	15.75	4.17
Other Long-Term Assets	51.44	52.98	21.81	22.59	27.06	41.56
Total Assets	1,260	1,287	1,363	1,400	1,393	1,366
Accounts Payable	27.65	33.73	32.68	37.14	32.59	49.76
Accrued Expenses	10.97	26.57	29.39	30.63	34.31	28.14
Short-Term Debt	0.15	0.15	7.3	21.2	14.3	7
Current Portion of Long-Term Debt	1.84	2.07	-	-	-	-
Current Portion of Leases	-	-	1.49	2	3.26	2.54
Current Income Taxes Payable	4.22	4.9	0.88	3.02	2.1	2.11
Current Unearned Revenue	9.23	7.7	6.32	6.82	12.72	8.32
Other Current Liabilities	8.16	8.24	6.44	9.52	14.99	8.97
Total Current Liabilities	62.22	83.37	84.51	110.33	114.26	106.84
Long-Term Leases	0.73	0.88	1.65	5.18	7.24	2.85
Long-Term Unearned Revenue	26.75	26.94	27.54	28.19	28.94	29.89
Long-Term Deferred Tax Liabilities	11.52	15.15	13.37	14	16.08	13.34
Other Long-Term Liabilities	1.3	1.65	3.92	3.92	3.92	3.04
Total Liabilities	102.52	127.98	130.99	161.63	170.45	155.96
Common Stock	93.57	93.57	93.57	93.57	93.34	93.34
Additional Paid-In Capital	718.18	718.78	734.14	749.14	741.35	733.87
Retained Earnings	369.94	371.78	428.16	420.9	394.29	376.79
Comprehensive Income & Other	-0.21	-0.16	-0.12	-	-0.38	-
Total Common Equity	1,181	1,184	1,256	1,264	1,229	1,204
Minority Interest	-23.82	-24.53	-24	-25.31	-6.27	5.72
Shareholders' Equity	1,158	1,159	1,232	1,238	1,222	1,210
Total Liabilities & Equity	1,260	1,287	1,363	1,400	1,393	1,366
Total Debt	2.73	3.1	10.44	28.39	24.8	12.39
Net Cash (Debt)	297.51	262.53	140.04	91.86	241.64	624.71
Net Cash Growth	226.81%	87.46%	52.45%	-61.99%	-61.32%	-26.13%
Net Cash Per Share	3.17	2.79	1.51	0.96	2.55	6.66
Filing Date Shares Outstanding	91.73	93.57	93.57	93.57	93.34	93.34
Total Common Shares Outstanding	91.73	93.57	93.57	93.57	93.34	93.34
Working Capital	524.58	528.76	607.74	457.23	480.81	802.34
Book Value Per Share	12.88	12.65	13.42	13.50	13.16	12.90
Tangible Book Value	1,122	1,147	1,224	1,231	1,193	1,169
Tangible Book Value Per Share	12.23	12.26	13.08	13.15	12.78	12.52
Buildings	-	-	256.64	256.58	238.97	216.44
Machinery	-	-	168.4	151.86	141.86	116.01
Construction In Progress	-	-	0.74	0.19	10.56	10.99

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