SHA:688478 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	-	106.62	171.95	99.54	110.52
Short-Term Investments	-	-	169.59	52.45	30
Trading Asset Securities	-	706.39	838.65	80.32	-
Cash & Short-Term Investments	578.98	813.02	1,180	232.31	140.52
Cash Growth	-28.79%	-31.11%	408.01%	65.32%	46.16%
Accounts Receivable	-	187.49	322.54	51.38	37.24
Other Receivables	-	2.37	1.65	2.02	4.13
Receivables	-	189.86	324.19	53.4	41.37
Inventory	-	218.94	281.74	74.97	68.38
Other Current Assets	-	36.54	50.32	33.56	48.81
Total Current Assets	-	1,258	1,836	394.24	299.09
Property, Plant & Equipment	-	206.72	121.73	22.86	22.42
Long-Term Investments	-	360.3	120.45	174.06	219.02
Other Intangible Assets	-	18.62	19.17	2.67	3.14
Long-Term Deferred Tax Assets	-	11.05	9.3	2.5	2.17
Long-Term Deferred Charges	-	0.4	0.75	5.69	2.39
Other Long-Term Assets	-	9.59	2.02	8.38	0.16
Total Assets	-	1,865	2,110	610.4	548.39
Accounts Payable	-	184.86	214.31	17.62	7.02
Accrued Expenses	-	10.49	14.65	16.67	9
Short-Term Debt	-	8.13	30.69	-	0.9
Current Portion of Leases	-	0.51	3.13	3.08	2.78
Current Income Taxes Payable	-	1.81	4.35	2.08	1.56
Current Unearned Revenue	-	54.48	163.64	33.2	32.47
Other Current Liabilities	-	15.16	76.15	6.95	5.74
Total Current Liabilities	-	275.44	506.92	79.59	59.47
Long-Term Leases	-	-	2.06	3.94	5.68
Long-Term Unearned Revenue	-	6.65	10.79	1.7	1.2
Long-Term Deferred Tax Liabilities	-	2.44	3.92	1.77	0.6
Other Long-Term Liabilities	-	4.59	3.18	2.78	1.81
Total Liabilities	-	289.12	526.86	89.79	68.76
Common Stock	-	138.37	138.37	103.77	103.77
Additional Paid-In Capital	-	1,309	1,303	311.25	302.38
Retained Earnings	-	168.3	142.02	105.6	73.48
Treasury Stock	-	-38.49	-	-	-
Comprehensive Income & Other	-	-1.16	-	-	-
Total Common Equity	1,535	1,576	1,583	520.62	479.63
Shareholders' Equity	1,535	1,576	1,583	520.62	479.63
Total Liabilities & Equity	-	1,865	2,110	610.4	548.39
Total Debt	-	8.65	35.88	7.02	9.36
Net Cash (Debt)	578.98	804.37	1,144	225.29	131.17
Net Cash Growth	-28.02%	-29.71%	407.92%	71.76%	39.86%
Net Cash Per Share	4.29	5.84	9.02	2.15	1.35
Filing Date Shares Outstanding	117.68	137.34	138.05	103.77	103.77
Total Common Shares Outstanding	137.06	137.34	138.37	103.77	103.77
Working Capital	-	982.92	1,330	314.65	239.61
Book Value Per Share	11.20	11.47	11.44	5.02	4.62
Tangible Book Value	1,503	1,557	1,564	517.95	476.49
Tangible Book Value Per Share	10.97	11.34	11.30	4.99	4.59
Machinery	-	27.77	29.68	21.01	19.46
Construction In Progress	-	190.36	95.99	2.26	-

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