SHA:688420 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	698.34	749.45	949.12	1,118	103.57
Cash & Short-Term Investments	698.34	749.45	949.12	1,118	103.57
Cash Growth	-6.82%	-21.04%	-15.07%	979.05%	14.95%
Accounts Receivable	615.22	626.44	480.07	330.29	314.59
Other Receivables	11.81	10.48	7.51	6.97	1.04
Receivables	627.03	636.92	487.59	337.26	315.63
Inventory	225.58	219.46	210.77	222.67	187.12
Prepaid Expenses	-	-	-	2.14	1.23
Other Current Assets	53.54	38.87	35.24	51.43	53
Total Current Assets	1,604	1,645	1,683	1,731	660.56
Property, Plant & Equipment	180.53	120.25	64.84	10.07	14.37
Long-Term Investments	42.61	30.77	23.3	0.96	1.12
Other Intangible Assets	21.67	22.79	22.78	24.23	1.43
Long-Term Accounts Receivable	-	10.22	4.48	5.21	0.32
Long-Term Deferred Tax Assets	41.85	30.54	20.65	19.49	17.83
Long-Term Deferred Charges	2.84	1.18	2	3.54	5.14
Other Long-Term Assets	6.2	0.95	1.39	-	5.8
Total Assets	1,900	1,861	1,822	1,795	706.57
Accounts Payable	246.76	76.03	80.04	120.18	91.9
Accrued Expenses	16.73	173.74	113.42	61.93	45.6
Current Portion of Long-Term Debt	12.17	-	-	-	-
Current Portion of Leases	-	4.88	4.06	1.99	4.41
Current Income Taxes Payable	3.2	1.85	2.51	3.71	3.5
Current Unearned Revenue	102.88	83.96	92.7	119.51	174.09
Other Current Liabilities	43.98	19.55	20.45	28.35	29.54
Total Current Liabilities	425.72	360	313.18	335.67	349.04
Long-Term Leases	1.21	3.5	4.54	0.62	2.41
Long-Term Unearned Revenue	4.5	4.6	0.5	0.64	0.78
Other Long-Term Liabilities	13.59	15.74	14.36	12.98	9.63
Total Liabilities	445.01	383.84	332.57	349.9	361.86
Common Stock	88.43	88.43	88.43	88.43	66.32
Additional Paid-In Capital	1,072	1,075	1,073	1,071	117.78
Retained Earnings	324.79	343.42	328.44	285.15	160.6
Treasury Stock	-62.07	-62.07	-	-	-
Comprehensive Income & Other	0.16	-	-	-	-
Total Common Equity	1,423	1,444	1,490	1,445	344.7
Minority Interest	32.01	33.1	-	0.01	-
Shareholders' Equity	1,455	1,478	1,490	1,445	344.7
Total Liabilities & Equity	1,900	1,861	1,822	1,795	706.57
Total Debt	13.38	8.38	8.61	2.6	6.83
Net Cash (Debt)	684.96	741.08	940.52	1,115	96.74
Net Cash Growth	-7.57%	-21.20%	-15.65%	1052.50%	7.37%
Net Cash Per Share	8.06	8.56	10.64	16.83	1.46
Filing Date Shares Outstanding	65.15	85.61	86.02	88.43	66.32
Total Common Shares Outstanding	65.15	85.61	88.43	88.43	66.32
Working Capital	1,179	1,285	1,370	1,395	311.51
Book Value Per Share	21.84	16.87	16.84	16.34	5.20
Tangible Book Value	1,402	1,422	1,467	1,420	343.28
Tangible Book Value Per Share	21.51	16.61	16.59	16.06	5.18
Buildings	-	59.86	-	-	-
Machinery	-	61.82	33.29	14.27	13.72
Construction In Progress	-	8.9	34.88	0.84	-
Order Backlog	-	863	-	-	-

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