SHA:688600 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	81.62	81.78	88.28	50.9	86.28	176.06
Trading Asset Securities	162.94	203.12	201.52	321.58	302.33	313.63
Cash & Short-Term Investments	244.57	284.9	289.8	372.48	388.61	489.69
Cash Growth	-2.25%	-1.69%	-22.20%	-4.15%	-20.64%	-17.08%
Accounts Receivable	241.17	281.56	319.45	354.97	315.29	201.2
Other Receivables	46.42	5.96	3.71	6.57	8.87	9.39
Receivables	287.6	287.52	323.16	361.54	324.16	210.6
Inventory	343.75	305.19	273.47	308.79	285.12	284.98
Other Current Assets	31.87	30.99	19.2	12.6	19.39	22.29
Total Current Assets	907.78	908.6	905.64	1,055	1,017	1,008
Property, Plant & Equipment	355.59	356.92	252.32	208.35	164.09	101.31
Long-Term Investments	2.67	2.53	2.04	1.71	0.55	-
Other Intangible Assets	32.96	32	21.79	21.32	20.62	21.38
Long-Term Accounts Receivable	-	-	8.22	5.76	2.95	5.28
Long-Term Deferred Tax Assets	8.77	8.8	8.8	21.96	24.76	17.18
Long-Term Deferred Charges	0.69	0.78	1.51	2.98	2.12	0.96
Other Long-Term Assets	6.33	8.78	1.5	2.22	2.49	9.52
Total Assets	1,315	1,318	1,202	1,320	1,235	1,163
Accounts Payable	167.31	117.68	135.07	156.53	122.1	132.35
Accrued Expenses	45.02	79.73	65.5	76.97	58.78	46.82
Short-Term Debt	-	-	30.02	20.02	-	-
Current Portion of Long-Term Debt	-	0.03	-	-	-	-
Current Portion of Leases	1.37	1.31	1.22	1.25	2.04	2.37
Current Income Taxes Payable	5.05	0	0	0	0	0
Current Unearned Revenue	160.75	157.89	111.93	154.61	126.14	83.56
Other Current Liabilities	32.22	68.72	32.58	29.62	35.03	21.66
Total Current Liabilities	411.72	425.36	376.34	438.99	344.09	286.78
Long-Term Debt	46.5	46.5	-	-	-	-
Long-Term Leases	0.63	1.14	2.43	2.03	0.51	2.11
Long-Term Unearned Revenue	52.6	55	30.75	20.55	4.84	12.04
Total Liabilities	511.45	528	409.52	461.57	349.45	300.93
Common Stock	134.71	134.71	134.71	134.21	133.77	133.34
Additional Paid-In Capital	475.87	475.2	472.1	470.34	467.82	458.3
Retained Earnings	344.23	331.97	289.46	300.8	283.83	262.68
Treasury Stock	-151.46	-151.46	-103.97	-47.19	-	-
Total Common Equity	803.35	790.42	792.3	858.15	885.42	854.32
Minority Interest	-	-	-	-	-	7.94
Shareholders' Equity	803.35	790.42	792.3	858.15	885.42	862.26
Total Liabilities & Equity	1,315	1,318	1,202	1,320	1,235	1,163
Total Debt	48.5	48.98	33.68	23.29	2.56	4.49
Net Cash (Debt)	196.06	235.92	256.12	349.19	386.06	485.2
Net Cash Growth	24.95%	-7.89%	-26.65%	-9.55%	-20.43%	-17.84%
Net Cash Per Share	1.61	1.89	1.96	2.63	2.91	3.58
Filing Date Shares Outstanding	125.32	125.32	125.32	128.22	133.77	133.34
Total Common Shares Outstanding	125.32	125.32	128.37	131.91	133.77	133.34
Working Capital	496.06	483.24	529.31	616.42	673.19	720.78
Book Value Per Share	6.41	6.31	6.17	6.51	6.62	6.41
Tangible Book Value	770.39	758.42	770.51	836.83	864.8	832.94
Tangible Book Value Per Share	6.15	6.05	6.00	6.34	6.46	6.25
Buildings	-	308.53	74.41	72.32	71.8	71.75
Machinery	-	142.03	112.1	104.97	77.2	71.74
Construction In Progress	-	10.6	152.51	100.45	69.53	5.16

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