SHA:688448 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	-	502.57	503.94	617.44	73.07
Cash & Short-Term Investments	389.16	502.57	503.94	617.44	73.07
Cash Growth	-22.57%	-0.27%	-18.38%	745.04%	-20.60%
Accounts Receivable	-	374.76	340.85	279.49	219.37
Other Receivables	-	0.03	0.05	2.66	1.18
Receivables	-	374.79	340.9	282.15	220.55
Inventory	-	208.67	235.29	176.64	144.07
Prepaid Expenses	-	0.39	0.01	0.01	-
Other Current Assets	-	5.67	6.76	2.61	3.24
Total Current Assets	-	1,092	1,087	1,079	440.92
Property, Plant & Equipment	-	300	248.15	155.36	159.95
Other Intangible Assets	-	21.44	22.6	13.54	14.54
Long-Term Deferred Tax Assets	-	13.78	11.54	8.25	7.95
Long-Term Deferred Charges	-	0.93	1.53	2.12	1.91
Other Long-Term Assets	-	6.26	6.43	7.03	10.16
Total Assets	-	1,435	1,377	1,265	635.42
Accounts Payable	-	258.99	280.89	195.07	129.72
Accrued Expenses	-	16.52	10.04	10.37	8.14
Short-Term Debt	-	1.21	3.93	-	18.52
Current Portion of Leases	-	1.41	1.06	0.52	1.76
Current Income Taxes Payable	-	6.28	5.42	1.74	3.98
Current Unearned Revenue	-	38.09	45.26	35.47	36.11
Other Current Liabilities	-	62.02	40.21	52.07	35.29
Total Current Liabilities	-	384.52	386.81	295.24	233.52
Long-Term Leases	-	1.06	1.68	2.74	6.83
Long-Term Unearned Revenue	-	23.15	27.22	26.46	33.94
Long-Term Deferred Tax Liabilities	-	0.48	0.59	0.7	0.01
Total Liabilities	-	409.21	416.31	325.14	274.3
Common Stock	-	71.65	71.26	71.26	53.45
Additional Paid-In Capital	-	730.1	713.9	709.05	195.64
Retained Earnings	-	227.18	175.68	159.68	112.05
Treasury Stock	-	-4.81	-	-	-
Total Common Equity	1,012	1,024	960.84	939.99	361.13
Minority Interest	-	1.18	-	-	-
Shareholders' Equity	1,015	1,025	960.84	939.99	361.13
Total Liabilities & Equity	-	1,435	1,377	1,265	635.42
Total Debt	1.21	3.68	6.67	3.26	27.1
Net Cash (Debt)	387.95	498.89	497.27	614.18	45.96
Net Cash Growth	-22.24%	0.33%	-19.04%	1236.24%	-31.31%
Net Cash Per Share	5.44	6.97	6.93	10.57	0.86
Filing Date Shares Outstanding	62.01	71.5	71.26	71.26	53.45
Total Common Shares Outstanding	71.5	71.5	71.26	71.26	53.45
Working Capital	-	707.57	700.09	783.61	207.41
Book Value Per Share	14.15	14.32	13.48	13.19	6.76
Tangible Book Value	991.09	1,003	938.24	926.46	346.58
Tangible Book Value Per Share	13.86	14.02	13.17	13.00	6.48
Buildings	-	136.92	136.92	136.92	136.92
Machinery	-	58.24	55.5	48.59	38.74
Construction In Progress	-	157.38	97.57	0.76	0.43

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