SHA:688480 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	-	403.05	539.1	595.26	186.75
Short-Term Investments	-	-	-	-	6.18
Trading Asset Securities	-	-	48	10	-
Cash & Short-Term Investments	244.07	403.05	587.1	605.26	192.93
Cash Growth	-39.45%	-31.35%	-3.00%	213.72%	46.10%
Accounts Receivable	-	631.55	485.99	296.06	223.09
Other Receivables	-	15.78	15.01	16.74	7.1
Receivables	-	647.33	501	312.8	230.2
Inventory	-	80.61	32.07	105.57	42.04
Other Current Assets	-	61.11	15.49	14.07	28.94
Total Current Assets	-	1,192	1,136	1,038	494.11
Property, Plant & Equipment	-	247.65	106.29	86.36	89.77
Long-Term Investments	-	2.51	60.07	53.9	49.98
Goodwill	-	178.58	-	-	-
Other Intangible Assets	-	185.07	167.31	179.84	185.53
Long-Term Accounts Receivable	-	1.32	8.7	5.48	10.3
Long-Term Deferred Tax Assets	-	13.88	11.67	7.97	5.41
Long-Term Deferred Charges	-	5.04	-	-	-
Other Long-Term Assets	-	-	3.32	-	-
Total Assets	-	1,826	1,493	1,371	835.09
Accounts Payable	-	363.4	321.11	211.19	160.08
Accrued Expenses	-	57.13	43.82	33.38	19.31
Short-Term Debt	-	107.57	-	-	-
Current Portion of Long-Term Debt	-	-	-	7.04	6.05
Current Income Taxes Payable	-	8.44	2.6	3.31	1.43
Current Unearned Revenue	-	45.72	44.45	70.77	62.82
Other Current Liabilities	-	29.08	24.23	23.39	15.71
Total Current Liabilities	-	611.35	436.21	349.07	265.39
Long-Term Debt	-	14	-	14	21
Long-Term Unearned Revenue	-	65.18	69.04	74	77.15
Long-Term Deferred Tax Liabilities	-	3.7	-	-	-
Other Long-Term Liabilities	-	17.96	17.36	16.66	15.84
Total Liabilities	-	712.18	522.61	453.73	379.39
Common Stock	-	95.33	94.83	94.83	71.12
Additional Paid-In Capital	-	578.38	568.49	558.61	183.07
Retained Earnings	-	400.76	267.67	225.7	159.47
Comprehensive Income & Other	-	-0.07	0.81	0.41	0.5
Total Common Equity	1,094	1,074	931.79	879.54	414.16
Minority Interest	-	39.58	38.61	37.99	41.54
Shareholders' Equity	1,133	1,114	970.41	917.53	455.7
Total Liabilities & Equity	-	1,826	1,493	1,371	835.09
Total Debt	89.88	121.57	-	21.04	27.05
Net Cash (Debt)	154.19	281.48	587.1	584.22	165.88
Net Cash Growth	-45.22%	-52.06%	0.49%	252.19%	176.69%
Net Cash Per Share	1.61	2.96	6.17	8.03	2.34
Filing Date Shares Outstanding	95.33	95.33	94.83	94.83	71.12
Total Common Shares Outstanding	95.33	95.33	94.83	94.83	71.12
Working Capital	-	580.75	699.45	688.63	228.72
Book Value Per Share	11.48	11.27	9.83	9.28	5.82
Tangible Book Value	665.1	710.74	764.48	699.7	228.63
Tangible Book Value Per Share	6.98	7.46	8.06	7.38	3.21
Buildings	-	228.79	84.77	85.48	85.48
Machinery	-	114.19	46.19	44.36	42.73
Construction In Progress	-	0.61	25.29	1.47	0.09

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