SHA:688435 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	-	501.46	566.85	246.78	258.67
Short-Term Investments	-	100	80	-	-
Trading Asset Securities	-	280	294.03	-	0
Cash & Short-Term Investments	695.28	881.46	940.87	246.78	258.67
Cash Growth	-21.12%	-6.31%	281.27%	-4.60%	5.77%
Accounts Receivable	-	209.92	209.94	153.12	92.72
Other Receivables	-	1.23	3.78	0.63	0.83
Receivables	-	211.15	213.72	153.74	93.55
Inventory	-	2.72	3.26	3.05	2.15
Other Current Assets	-	1.08	1.67	3.05	2.63
Total Current Assets	-	1,096	1,160	406.62	357
Property, Plant & Equipment	-	82.53	88.88	47.42	11.09
Other Intangible Assets	-	0.93	0.53	0.33	0.43
Long-Term Deferred Tax Assets	-	6.66	4.1	2.6	1.09
Long-Term Deferred Charges	-	1.68	1.92	0.8	0.68
Other Long-Term Assets	-	3.22	-	-	36.23
Total Assets	-	1,191	1,255	457.77	406.52
Accounts Payable	-	13.42	22.93	11.21	8.09
Accrued Expenses	-	19.65	22.9	25.52	20.3
Current Portion of Leases	-	2.18	1.23	2.63	1.92
Current Income Taxes Payable	-	0.09	-	-	-
Current Unearned Revenue	-	36.84	30.6	21.67	13.59
Other Current Liabilities	-	5.19	4.06	2.39	4
Total Current Liabilities	-	77.36	81.72	63.42	47.91
Long-Term Leases	-	0.28	0.66	-	1.13
Long-Term Unearned Revenue	-	-	-	-	0.1
Total Liabilities	-	77.64	82.38	63.42	49.14
Common Stock	-	83.5	83.5	62.55	62.55
Additional Paid-In Capital	-	943.77	942.88	230.07	230.07
Retained Earnings	-	117.61	146.19	101.73	64.76
Treasury Stock	-	-30.96	-	-	-
Comprehensive Income & Other	-	-0.13	0.01	-0	-0
Shareholders' Equity	1,099	1,114	1,173	394.35	357.38
Total Liabilities & Equity	-	1,191	1,255	457.77	406.52
Total Debt	5.54	2.46	1.89	2.63	3.05
Net Cash (Debt)	689.74	878.99	938.99	244.14	255.62
Net Cash Growth	-21.53%	-6.39%	284.60%	-4.49%	4.52%
Net Cash Per Share	8.39	10.46	11.40	3.90	4.07
Filing Date Shares Outstanding	83.6	82.52	83.5	62.55	62.55
Total Common Shares Outstanding	82.52	82.52	83.5	62.55	62.55
Working Capital	-	1,019	1,078	343.2	309.09
Book Value Per Share	13.32	13.50	14.04	6.30	5.71
Tangible Book Value	1,098	1,113	1,172	394.02	356.95
Tangible Book Value Per Share	13.31	13.49	14.04	6.30	5.71
Buildings	-	82.2	85.73	43.35	4.88
Machinery	-	15.39	15.1	10.75	7.47

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.