SHA:688579 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	149.95	207.78	212.6	287.34	153.58	494.04
Short-Term Investments	-	109.02	-	-	-	-
Trading Asset Securities	220.17	100.16	20.05	-	240.15	-
Cash & Short-Term Investments	370.12	416.96	232.65	287.34	393.73	494.04
Cash Growth	58.83%	79.22%	-19.03%	-27.02%	-20.30%	-17.98%
Accounts Receivable	308.66	331.34	386.13	365.52	313.76	316.4
Other Receivables	3.4	2.61	3.21	3.96	7.39	9.71
Receivables	312.06	333.95	389.34	369.48	321.15	326.11
Inventory	91.96	63.28	79.79	75.5	59.66	17
Other Current Assets	9.42	9.18	9.04	12.67	14.55	8.48
Total Current Assets	783.56	823.37	710.82	744.99	789.09	845.62
Property, Plant & Equipment	588.15	591.91	609.51	624.04	638.27	664.8
Long-Term Investments	88.2	88.2	195.87	164.27	92.5	62.5
Other Intangible Assets	88.88	91.18	99.35	106.19	90.6	70.93
Long-Term Accounts Receivable	-	12.18	14.62	9.86	-	-
Long-Term Deferred Tax Assets	25.78	25.54	22.77	18.44	12.87	11.15
Other Long-Term Assets	81.65	58.92	60.39	62.12	63.84	66.18
Total Assets	1,656	1,691	1,713	1,730	1,687	1,721
Accounts Payable	107.26	66.77	100.93	88.53	79.27	89.31
Accrued Expenses	25.84	37.48	43.72	52.62	36.81	53.33
Current Portion of Leases	-	-	-	0.12	0.24	0.12
Current Income Taxes Payable	-	0	0	0.01	0	4.75
Current Unearned Revenue	86.77	78.83	94.37	114.56	105.59	75.47
Other Current Liabilities	2.97	54.87	54.34	78.06	108.74	160.63
Total Current Liabilities	222.85	237.96	293.35	333.9	330.65	383.62
Long-Term Leases	-	-	-	-	-	0.34
Long-Term Unearned Revenue	47.4	47.48	46.36	51.99	59.72	64.08
Long-Term Deferred Tax Liabilities	-	-	-	-	0.01	-
Total Liabilities	270.25	285.43	339.71	385.88	390.39	448.04
Common Stock	400.01	400.01	400.01	400.01	400.01	400.01
Additional Paid-In Capital	494.56	494.56	494.56	494.56	498.52	496.78
Retained Earnings	505.71	525.61	491.48	459.41	398.26	376.34
Comprehensive Income & Other	-14.3	-14.3	-12.43	-9.96	-	-
Shareholders' Equity	1,386	1,406	1,374	1,344	1,297	1,273
Total Liabilities & Equity	1,656	1,691	1,713	1,730	1,687	1,721
Total Debt	-	-	-	0.12	0.24	0.46
Net Cash (Debt)	370.12	416.96	232.65	287.21	393.49	493.58
Net Cash Growth	58.83%	79.22%	-19.00%	-27.01%	-20.28%	-18.06%
Net Cash Per Share	0.93	1.04	0.58	0.72	0.98	1.23
Filing Date Shares Outstanding	399.66	400.01	400.01	400.01	400.01	400.01
Total Common Shares Outstanding	399.66	400.01	400.01	400.01	400.01	400.01
Working Capital	560.71	585.41	417.47	411.1	458.44	462.01
Book Value Per Share	3.47	3.51	3.43	3.36	3.24	3.18
Tangible Book Value	1,297	1,315	1,274	1,238	1,206	1,202
Tangible Book Value Per Share	3.25	3.29	3.19	3.09	3.02	3.01
Buildings	-	594.64	596.26	595.05	595.05	595.05
Machinery	-	45.65	45.74	44.2	41.17	39.4
Construction In Progress	-	51.81	51.69	51.55	51.06	60.44

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