SHA:688616 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	398.48	422.99	320.64	322.74	280.34	348.37
Short-Term Investments	-	-	21.52	-	-	-
Trading Asset Securities	20	-	9	6.17	8.06	7.9
Cash & Short-Term Investments	418.48	422.99	351.15	328.91	288.4	356.26
Cash Growth	10.58%	20.46%	6.76%	14.05%	-19.05%	50.13%
Accounts Receivable	203.29	233.56	197.45	197.8	244.08	197.9
Other Receivables	5.9	6.88	5.45	7.66	7.59	7.2
Receivables	209.19	240.44	202.9	205.46	251.67	205.1
Inventory	40.57	29.78	37.12	31.84	41.87	44.34
Other Current Assets	17.75	3.91	7.43	13	15.64	14.66
Total Current Assets	685.98	697.12	598.6	579.2	597.58	620.37
Property, Plant & Equipment	332.64	332.14	328.66	338.5	336.94	236.9
Long-Term Investments	17.71	18.08	18.44	39.32	20	20
Goodwill	-	-	-	-	4.62	4.62
Other Intangible Assets	29.84	29.8	29.48	30.46	30.29	31.25
Long-Term Accounts Receivable	-	-	18.92	14.09	10.83	14.61
Long-Term Deferred Tax Assets	7.56	7.57	11	5.5	7.6	6.66
Long-Term Deferred Charges	-	-	-	-	-	0.03
Other Long-Term Assets	19.54	19.72	1.71	0.57	0.73	1.69
Total Assets	1,093	1,104	1,007	1,008	1,009	936.12
Accounts Payable	137.81	172.04	121.76	168.29	198.95	156.41
Accrued Expenses	3.3	8.67	21.65	15.43	21.06	18.02
Current Portion of Leases	-	-	-	-	0.48	0.24
Current Income Taxes Payable	4.59	11.37	9.35	4.38	3.61	4.63
Current Unearned Revenue	4.75	2.13	2.05	1.53	3.6	4.97
Other Current Liabilities	19.26	11.72	10.12	0.77	3.42	5.83
Total Current Liabilities	169.71	205.93	164.92	190.4	231.13	190.11
Long-Term Leases	-	-	-	-	0.79	0.12
Long-Term Unearned Revenue	12.68	9.05	10.15	10.86	11.83	12.69
Long-Term Deferred Tax Liabilities	-	-	-	-	1.86	1.15
Total Liabilities	182.4	214.98	175.07	201.27	245.61	204.07
Common Stock	179.38	179.38	179.38	150	150	150
Additional Paid-In Capital	329.65	326.88	320.23	352.91	349.61	349.61
Retained Earnings	432.85	414.2	363.12	303.46	260.51	231.37
Treasury Stock	-31	-31	-31	-	-	-
Total Common Equity	910.88	889.46	831.74	806.38	760.12	730.98
Minority Interest	-	-	-	-	2.87	1.07
Shareholders' Equity	910.88	889.46	831.74	806.38	762.99	732.05
Total Liabilities & Equity	1,093	1,104	1,007	1,008	1,009	936.12
Total Debt	-	-	-	-	1.27	0.36
Net Cash (Debt)	418.48	422.99	351.15	328.91	287.13	355.9
Net Cash Growth	10.58%	20.46%	6.76%	14.55%	-19.32%	75.95%
Net Cash Per Share	2.39	2.40	2.00	1.81	1.58	2.11
Filing Date Shares Outstanding	169.57	181.02	176.27	176.27	180	180
Total Common Shares Outstanding	169.57	181.02	176.27	180	180	180
Working Capital	516.27	491.2	433.68	388.8	366.44	430.25
Book Value Per Share	5.37	4.91	4.72	4.48	4.22	4.06
Tangible Book Value	881.04	859.66	802.26	775.92	725.21	695.11
Tangible Book Value Per Share	5.20	4.75	4.55	4.31	4.03	3.86
Buildings	-	-	272.48	264.68	239.2	42.71
Machinery	-	-	164.53	154.99	138.4	68.01
Construction In Progress	-	-	2.07	8.44	35.32	193.93

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