SHA:688435 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	203.57	175.16	501.46	566.85	246.78	258.67
Short-Term Investments	-	-	100	80	-	-
Trading Asset Securities	349	259	280	294.03	-	0
Cash & Short-Term Investments	552.57	434.16	881.46	940.87	246.78	258.67
Cash Growth	-28.46%	-50.74%	-6.31%	281.27%	-4.60%	5.77%
Accounts Receivable	208.46	214.81	209.92	209.94	153.12	92.72
Other Receivables	2.25	1.46	1.23	3.78	0.63	0.83
Receivables	210.71	216.27	211.15	213.72	153.74	93.55
Inventory	0.73	3.43	2.72	3.26	3.05	2.15
Other Current Assets	201.47	294.75	1.08	1.67	3.05	2.63
Total Current Assets	965.47	948.62	1,096	1,160	406.62	357
Property, Plant & Equipment	81.38	83.09	82.53	88.88	47.42	11.09
Other Intangible Assets	0.67	0.76	0.93	0.53	0.33	0.43
Long-Term Deferred Tax Assets	9.36	9.11	6.66	4.1	2.6	1.09
Long-Term Deferred Charges	1.05	1.2	1.68	1.92	0.8	0.68
Other Long-Term Assets	150.72	150.74	3.22	-	-	36.23
Total Assets	1,209	1,194	1,191	1,255	457.77	406.52
Accounts Payable	16.19	19.46	13.42	22.93	11.21	8.09
Accrued Expenses	9.48	17.85	19.65	22.9	25.52	20.3
Current Portion of Long-Term Debt	2.42	2.72	-	-	-	-
Current Portion of Leases	-	-	2.18	1.23	2.63	1.92
Current Income Taxes Payable	1.34	4.82	0.09	-	-	-
Current Unearned Revenue	43.9	45.5	36.84	30.6	21.67	13.59
Other Current Liabilities	1.36	3.52	5.19	4.06	2.39	4
Total Current Liabilities	121.71	93.87	77.36	81.72	63.42	47.91
Long-Term Leases	3.26	3.61	0.28	0.66	-	1.13
Long-Term Unearned Revenue	-	-	-	-	-	0.1
Other Long-Term Liabilities	0.52	0.52	-	-	-	-
Total Liabilities	125.48	97.99	77.64	82.38	63.42	49.14
Common Stock	83.5	83.5	83.5	83.5	62.55	62.55
Additional Paid-In Capital	940.79	940.79	943.77	942.88	230.07	230.07
Retained Earnings	90.81	102.78	117.61	146.19	101.73	64.76
Treasury Stock	-30.96	-30.96	-30.96	-	-	-
Comprehensive Income & Other	-0.96	-0.57	-0.13	0.01	-0	-0
Shareholders' Equity	1,083	1,096	1,114	1,173	394.35	357.38
Total Liabilities & Equity	1,209	1,194	1,191	1,255	457.77	406.52
Total Debt	52.68	6.33	2.46	1.89	2.63	3.05
Net Cash (Debt)	499.88	427.83	878.99	938.99	244.14	255.62
Net Cash Growth	-35.11%	-51.33%	-6.39%	284.60%	-4.49%	4.52%
Net Cash Per Share	6.11	5.19	10.46	11.40	3.90	4.07
Filing Date Shares Outstanding	79.8	84.47	82.52	83.5	62.55	62.55
Total Common Shares Outstanding	79.8	84.47	82.52	83.5	62.55	62.55
Working Capital	843.77	854.75	1,019	1,078	343.2	309.09
Book Value Per Share	13.57	12.97	13.50	14.04	6.30	5.71
Tangible Book Value	1,082	1,095	1,113	1,172	394.02	356.95
Tangible Book Value Per Share	13.57	12.96	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

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