SHA:688557 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	259.21	219.29	164.14	159.25	126.92
Trading Asset Securities	370.41	195.21	90.07	181.46	391
Cash & Short-Term Investments	629.62	414.5	254.21	340.71	517.92
Cash Growth	51.90%	63.05%	-25.39%	-34.22%	-10.36%
Accounts Receivable	928.59	791.59	666.5	421.77	344.13
Other Receivables	25.53	49.53	33.97	26.3	18.5
Receivables	954.12	841.12	700.47	448.06	362.63
Inventory	303.8	209.09	162.41	247.9	227.41
Other Current Assets	66.37	4.1	21.25	18.2	61.56
Total Current Assets	1,954	1,469	1,138	1,055	1,170
Property, Plant & Equipment	265.46	270.38	288.53	270.13	214.71
Other Intangible Assets	32.9	33.7	33.29	14.08	14.36
Long-Term Accounts Receivable	-	149.7	143.39	166.63	-
Long-Term Deferred Tax Assets	34.76	29.26	19.04	11.6	8.49
Long-Term Deferred Charges	-	-	0.38	0.75	-
Other Long-Term Assets	234.19	-	-	0.64	22.04
Total Assets	2,521	1,952	1,623	1,519	1,429
Accounts Payable	828.66	498.52	310.95	271.58	228.97
Accrued Expenses	44.28	69.68	60.47	61.17	27.18
Short-Term Debt	-	-	10	-	-
Current Portion of Long-Term Debt	1.37	-	-	-	-
Current Portion of Leases	-	1.35	0.5	-	-
Current Income Taxes Payable	13.4	11.34	15.15	7.46	8.7
Current Unearned Revenue	288.96	154.05	94.82	154.9	186.39
Other Current Liabilities	75.73	15.42	10.45	4.86	28
Total Current Liabilities	1,252	750.35	502.32	499.97	479.23
Long-Term Leases	-	1.37	0.17	-	0.32
Long-Term Unearned Revenue	16.7	17.85	18.98	14.82	15.64
Long-Term Deferred Tax Liabilities	-	0.49	0.11	0.07	0.44
Other Long-Term Liabilities	17.5	13.13	10.26	8.92	5.25
Total Liabilities	1,287	783.19	531.84	523.78	500.87
Common Stock	102.68	102.21	73.01	72.67	72.67
Additional Paid-In Capital	594.02	584.3	614.56	601.52	600.66
Retained Earnings	557.78	482.04	403.56	320.74	254.92
Treasury Stock	-20	-	-	-	-
Comprehensive Income & Other	0.15	0.1	-0	-	-
Shareholders' Equity	1,235	1,169	1,091	994.93	928.26
Total Liabilities & Equity	2,521	1,952	1,623	1,519	1,429
Total Debt	1.37	2.71	10.67	-	0.32
Net Cash (Debt)	628.25	411.78	243.54	340.71	517.6
Net Cash Growth	52.57%	69.08%	-28.52%	-34.17%	-8.19%
Net Cash Per Share	6.14	4.04	2.36	3.28	5.10
Filing Date Shares Outstanding	102.68	102.21	102.21	101.74	101.74
Total Common Shares Outstanding	102.68	102.21	102.21	101.74	101.74
Working Capital	701.51	718.45	636.02	554.91	690.29
Book Value Per Share	12.02	11.43	10.68	9.78	9.12
Tangible Book Value	1,202	1,135	1,058	980.84	913.9
Tangible Book Value Per Share	11.70	11.10	10.35	9.64	8.98
Buildings	-	210.45	210.45	176.12	100.07
Machinery	-	178.17	176.14	161.6	104.15
Construction In Progress	-	0.15	0.71	10.52	74.65
Order Backlog	-	1,298	-	-	-

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