SHA:688420 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	266.36	698.34	749.45	949.12	1,118	103.57
Trading Asset Securities	380	-	-	-	-	-
Cash & Short-Term Investments	646.36	698.34	749.45	949.12	1,118	103.57
Cash Growth	-6.19%	-6.82%	-21.04%	-15.07%	979.05%	14.95%
Accounts Receivable	600.7	615.74	626.44	480.07	330.29	314.59
Other Receivables	10.71	12.94	10.48	7.51	6.97	1.04
Receivables	611.41	628.68	636.92	487.59	337.26	315.63
Inventory	213.21	225.58	219.46	210.77	222.67	187.12
Prepaid Expenses	-	-	-	-	2.14	1.23
Other Current Assets	71.4	51.89	38.87	35.24	51.43	53
Total Current Assets	1,542	1,604	1,645	1,683	1,731	660.56
Property, Plant & Equipment	200.86	180.53	120.25	64.84	10.07	14.37
Long-Term Investments	41.35	42.61	30.77	23.3	0.96	1.12
Other Intangible Assets	21.51	21.67	22.79	22.78	24.23	1.43
Long-Term Accounts Receivable	-	6.1	10.22	4.48	5.21	0.32
Long-Term Deferred Tax Assets	43.05	41.85	30.54	20.65	19.49	17.83
Long-Term Deferred Charges	2.44	2.84	1.18	2	3.54	5.14
Other Long-Term Assets	11.49	0.1	0.95	1.39	-	5.8
Total Assets	1,863	1,900	1,861	1,822	1,795	706.57
Accounts Payable	215	96.8	76.03	80.04	120.18	91.9
Accrued Expenses	14.43	178.31	173.74	113.42	61.93	45.6
Current Portion of Leases	-	12.17	4.88	4.06	1.99	4.41
Current Income Taxes Payable	2.75	1.05	1.85	2.51	3.71	3.5
Current Unearned Revenue	108.36	102.88	83.96	92.7	119.51	174.09
Other Current Liabilities	35.71	34.51	19.55	20.45	28.35	29.54
Total Current Liabilities	386.11	425.72	360	313.18	335.67	349.04
Long-Term Leases	1.14	1.21	3.5	4.54	0.62	2.41
Long-Term Unearned Revenue	4.34	4.5	4.6	0.5	0.64	0.78
Other Long-Term Liabilities	12.81	13.59	15.74	14.36	12.98	9.63
Total Liabilities	404.4	445.01	383.84	332.57	349.9	361.86
Common Stock	88.43	88.43	88.43	88.43	88.43	66.32
Additional Paid-In Capital	1,072	1,072	1,075	1,073	1,071	117.78
Retained Earnings	328.66	324.97	343.42	328.44	285.15	160.6
Treasury Stock	-62.07	-62.07	-62.07	-	-	-
Comprehensive Income & Other	-0.05	-0.02	-	-	-	-
Total Common Equity	1,427	1,423	1,444	1,490	1,445	344.7
Minority Interest	31.83	32.01	33.1	-	0.01	-
Shareholders' Equity	1,459	1,455	1,478	1,490	1,445	344.7
Total Liabilities & Equity	1,863	1,900	1,861	1,822	1,795	706.57
Total Debt	10.99	13.38	8.38	8.61	2.6	6.83
Net Cash (Debt)	635.37	684.96	741.08	940.52	1,115	96.74
Net Cash Growth	-6.97%	-7.57%	-21.20%	-15.65%	1052.50%	7.37%
Net Cash Per Share	7.61	8.06	8.56	10.64	16.83	1.46
Filing Date Shares Outstanding	77.41	85.61	85.61	86.02	88.43	66.32
Total Common Shares Outstanding	77.41	85.61	85.61	88.43	88.43	66.32
Working Capital	1,156	1,179	1,285	1,370	1,395	311.51
Book Value Per Share	18.43	16.62	16.87	16.84	16.34	5.20
Tangible Book Value	1,405	1,402	1,422	1,467	1,420	343.28
Tangible Book Value Per Share	18.15	16.37	16.61	16.59	16.06	5.18
Buildings	-	68.39	59.86	-	-	-
Machinery	-	99.94	61.82	33.29	14.27	13.72
Construction In Progress	-	25.32	8.9	34.88	0.84	-
Order Backlog	-	902.38	-	-	-	-

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