SHA:688478 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	157.3	97.1	106.62	171.95	99.54	110.52
Short-Term Investments	-	-	-	169.59	52.45	30
Trading Asset Securities	379.96	489.14	706.39	838.65	80.32	-
Cash & Short-Term Investments	537.26	586.24	813.02	1,180	232.31	140.52
Cash Growth	-21.83%	-27.89%	-31.11%	408.01%	65.32%	46.16%
Accounts Receivable	184.13	170.21	187.49	322.54	51.38	37.24
Other Receivables	1.43	1.35	2.37	1.65	2.02	4.13
Receivables	185.56	171.56	189.86	324.19	53.4	41.37
Inventory	276.11	260.26	218.94	281.74	74.97	68.38
Other Current Assets	240.97	208.53	36.54	50.32	33.56	48.81
Total Current Assets	1,240	1,227	1,258	1,836	394.24	299.09
Property, Plant & Equipment	222.8	226.07	206.72	121.73	22.86	22.42
Long-Term Investments	279.05	278.91	360.3	120.45	174.06	219.02
Other Intangible Assets	31.69	32.05	18.62	19.17	2.67	3.14
Long-Term Deferred Tax Assets	24.9	21.65	11.05	9.3	2.5	2.17
Long-Term Deferred Charges	0.9	0.79	0.4	0.75	5.69	2.39
Other Long-Term Assets	2.1	1.96	9.59	2.02	8.38	0.16
Total Assets	1,801	1,788	1,865	2,110	610.4	548.39
Accounts Payable	69.09	139.81	184.86	214.31	17.62	7.02
Accrued Expenses	3.25	4.86	10.49	14.65	16.67	9
Short-Term Debt	23.52	11.68	8.13	30.69	-	0.9
Current Portion of Leases	-	-	0.51	3.13	3.08	2.78
Current Income Taxes Payable	0.87	1.12	1.81	4.35	2.08	1.56
Current Unearned Revenue	125.01	101.15	54.48	163.64	33.2	32.47
Other Current Liabilities	67.8	14.09	15.16	76.15	6.95	5.74
Total Current Liabilities	289.54	272.7	275.44	506.92	79.59	59.47
Long-Term Leases	-	-	-	2.06	3.94	5.68
Long-Term Unearned Revenue	11.57	5.64	6.65	10.79	1.7	1.2
Long-Term Deferred Tax Liabilities	0.41	0.34	2.44	3.92	1.77	0.6
Other Long-Term Liabilities	0.95	1.51	4.59	3.18	2.78	1.81
Total Liabilities	302.47	280.19	289.12	526.86	89.79	68.76
Common Stock	138.37	138.37	138.37	138.37	103.77	103.77
Additional Paid-In Capital	1,313	1,312	1,309	1,303	311.25	302.38
Retained Earnings	87.04	95.8	168.3	142.02	105.6	73.48
Treasury Stock	-38.49	-38.49	-38.49	-	-	-
Comprehensive Income & Other	-1.31	-0.28	-1.16	-	-	-
Total Common Equity	1,499	1,508	1,576	1,583	520.62	479.63
Shareholders' Equity	1,499	1,508	1,576	1,583	520.62	479.63
Total Liabilities & Equity	1,801	1,788	1,865	2,110	610.4	548.39
Total Debt	23.52	11.68	8.65	35.88	7.02	9.36
Net Cash (Debt)	513.74	574.56	804.37	1,144	225.29	131.17
Net Cash Growth	-25.26%	-28.57%	-29.71%	407.92%	71.76%	39.86%
Net Cash Per Share	3.62	4.20	5.84	9.02	2.15	1.35
Filing Date Shares Outstanding	145.99	125.3	137.34	138.05	103.77	103.77
Total Common Shares Outstanding	145.99	125.3	137.34	138.37	103.77	103.77
Working Capital	950.36	953.89	982.92	1,330	314.65	239.61
Book Value Per Share	10.27	12.03	11.47	11.44	5.02	4.62
Tangible Book Value	1,467	1,476	1,557	1,564	517.95	476.49
Tangible Book Value Per Share	10.05	11.78	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	-