SHA:688557 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	254.72	259.21	219.29	164.14	159.25	126.92
Trading Asset Securities	190.27	370.41	195.21	90.07	181.46	391
Cash & Short-Term Investments	444.99	629.62	414.5	254.21	340.71	517.92
Cash Growth	9.57%	51.90%	63.05%	-25.39%	-34.22%	-10.36%
Accounts Receivable	839.88	928.59	791.59	666.5	421.77	344.13
Other Receivables	24.12	40.92	49.53	33.97	26.3	18.5
Receivables	864	969.51	841.12	700.47	448.06	362.63
Inventory	434.7	303.8	209.09	162.41	247.9	227.41
Other Current Assets	82.6	50.97	4.1	21.25	18.2	61.56
Total Current Assets	1,826	1,954	1,469	1,138	1,055	1,170
Property, Plant & Equipment	260.41	265.46	270.38	288.53	270.13	214.71
Other Intangible Assets	32.59	32.9	33.7	33.29	14.08	14.36
Long-Term Accounts Receivable	-	234.19	149.7	143.39	166.63	-
Long-Term Deferred Tax Assets	39.76	34.76	29.26	19.04	11.6	8.49
Long-Term Deferred Charges	-	-	-	0.38	0.75	-
Other Long-Term Assets	231.34	-	-	-	0.64	22.04
Total Assets	2,390	2,521	1,952	1,623	1,519	1,429
Accounts Payable	761.23	826.92	498.52	310.95	271.58	228.97
Accrued Expenses	44.69	97.99	69.68	60.47	61.17	27.18
Short-Term Debt	-	-	-	10	-	-
Current Portion of Long-Term Debt	1.4	-	-	-	-	-
Current Portion of Leases	-	1.37	1.35	0.5	-	-
Current Income Taxes Payable	1.44	0.23	11.34	15.15	7.46	8.7
Current Unearned Revenue	271.74	289.19	154.05	94.82	154.9	186.39
Other Current Liabilities	49.43	36.69	15.42	10.45	4.86	28
Total Current Liabilities	1,130	1,252	750.35	502.32	499.97	479.23
Long-Term Leases	-	-	1.37	0.17	-	0.32
Long-Term Unearned Revenue	16.37	16.7	17.85	18.98	14.82	15.64
Long-Term Deferred Tax Liabilities	0.04	-	0.49	0.11	0.07	0.44
Other Long-Term Liabilities	16.18	17.5	13.13	10.26	8.92	5.25
Total Liabilities	1,163	1,287	783.19	531.84	523.78	500.87
Common Stock	102.68	102.68	102.21	73.01	72.67	72.67
Additional Paid-In Capital	594.02	594.02	584.3	614.56	601.52	600.66
Retained Earnings	560.99	557.78	482.04	403.56	320.74	254.92
Treasury Stock	-30	-20	-	-	-	-
Comprehensive Income & Other	0.15	0.15	0.1	-0	-	-
Shareholders' Equity	1,228	1,235	1,169	1,091	994.93	928.26
Total Liabilities & Equity	2,390	2,521	1,952	1,623	1,519	1,429
Total Debt	1.4	1.37	2.71	10.67	-	0.32
Net Cash (Debt)	443.59	628.25	411.78	243.54	340.71	517.6
Net Cash Growth	9.96%	52.57%	69.08%	-28.52%	-34.17%	-8.19%
Net Cash Per Share	4.09	6.14	4.04	2.36	3.28	5.10
Filing Date Shares Outstanding	106.92	102.68	102.21	102.21	101.74	101.74
Total Common Shares Outstanding	106.92	102.68	102.21	102.21	101.74	101.74
Working Capital	696.35	701.51	718.45	636.02	554.91	690.29
Book Value Per Share	11.48	12.02	11.43	10.68	9.78	9.12
Tangible Book Value	1,195	1,202	1,135	1,058	980.84	913.9
Tangible Book Value Per Share	11.18	11.70	11.10	10.35	9.64	8.98
Buildings	-	226.1	210.45	210.45	176.12	100.07
Machinery	-	158.48	178.17	176.14	161.6	104.15
Construction In Progress	-	1.21	0.15	0.71	10.52	74.65
Order Backlog	-	1,760	-	-	-	-

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