SHA:688507 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	-	1,901	2,227	169.46	159.43
Trading Asset Securities	-	-	-	-	30.02
Cash & Short-Term Investments	1,634	1,901	2,227	169.46	189.46
Cash Growth	-14.02%	-14.65%	1214.15%	-10.55%	14.46%
Accounts Receivable	-	636.95	518.92	342.72	230.98
Other Receivables	-	22.75	20.07	14.44	9.75
Receivables	-	659.7	538.99	357.16	240.73
Inventory	-	17.22	10.53	3.99	3.33
Prepaid Expenses	-	4.97	1.79	4.48	1.03
Other Current Assets	-	9.2	0.46	7.81	4.77
Total Current Assets	-	2,592	2,779	542.9	439.31
Property, Plant & Equipment	-	203.58	127.18	109.49	97.95
Long-Term Investments	-	80.57	49.77	-	-
Goodwill	-	63.12	40.72	-	-
Other Intangible Assets	-	57.16	61.62	45.48	55.29
Long-Term Accounts Receivable	-	3.26	8.12	14.81	11.17
Long-Term Deferred Tax Assets	-	30.91	16.4	8.21	6.23
Long-Term Deferred Charges	-	0.64	1.17	0.09	0.23
Other Long-Term Assets	-	39.47	3.63	4	-
Total Assets	-	3,070	3,087	724.98	610.19
Accounts Payable	-	74.28	96.91	79.66	25.45
Accrued Expenses	-	37.39	30.13	27.48	19.62
Short-Term Debt	-	20.78	-	37.29	20.2
Current Portion of Long-Term Debt	-	-	-	8.2	14.07
Current Portion of Leases	-	6.32	8.4	1.84	1.28
Current Income Taxes Payable	-	7.83	3.96	5.97	4
Current Unearned Revenue	-	11.4	10.93	0.09	2.88
Other Current Liabilities	-	6.55	6.89	0.68	0.9
Total Current Liabilities	-	164.54	157.21	161.21	88.4
Long-Term Debt	-	-	-	33.59	24.72
Long-Term Leases	-	0.96	5.96	2.02	0.09
Long-Term Unearned Revenue	-	-	2.11	1.57	23.51
Long-Term Deferred Tax Liabilities	-	2.51	1.98	-	-
Total Liabilities	-	168.01	167.25	198.39	136.71
Common Stock	-	89.11	61.17	31	31
Additional Paid-In Capital	-	2,581	2,610	323.61	323.61
Retained Earnings	-	237.99	225.28	174	120.23
Treasury Stock	-	-50.5	-	-	-
Comprehensive Income & Other	-	-3.14	-2.74	-2.02	-1.37
Total Common Equity	2,751	2,854	2,894	526.59	473.47
Minority Interest	-	48.42	26.22	-	-
Shareholders' Equity	2,814	2,902	2,920	526.59	473.47
Total Liabilities & Equity	-	3,070	3,087	724.98	610.19
Total Debt	13.79	28.05	14.35	82.94	60.35
Net Cash (Debt)	1,620	1,873	2,213	86.52	129.1
Net Cash Growth	-13.47%	-15.37%	2457.33%	-32.98%	14.99%
Net Cash Per Share	18.13	21.23	26.95	1.29	1.99
Filing Date Shares Outstanding	92.51	88.42	89.31	89.31	66.98
Total Common Shares Outstanding	88.42	88.42	89.31	66.98	66.98
Working Capital	-	2,427	2,622	381.69	350.91
Book Value Per Share	31.12	32.28	32.40	7.86	7.07
Tangible Book Value	2,564	2,734	2,792	481.11	418.18
Tangible Book Value Per Share	29.00	30.92	31.26	7.18	6.24
Buildings	-	149.56	98.33	98.33	98.33
Machinery	-	17.06	9.58	6.96	6.01
Construction In Progress	-	52.58	19.94	11.62	-

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