SHA:688621 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	-	565.56	690.93	608.93	490.25
Short-Term Investments	-	20	-	-	-
Trading Asset Securities	-	30	30	13.11	157.6
Cash & Short-Term Investments	706.41	615.56	720.93	622.04	647.85
Cash Growth	14.76%	-14.62%	15.90%	-3.98%	492.70%
Accounts Receivable	-	774.96	555.83	362.73	239.2
Other Receivables	-	10.16	11.21	16.17	12
Receivables	-	785.12	567.04	378.9	251.21
Inventory	-	15.05	14.41	12.54	7.84
Prepaid Expenses	-	-	-	-	1.9
Other Current Assets	-	98.76	54.76	26.48	32.99
Total Current Assets	-	1,514	1,357	1,040	941.79
Property, Plant & Equipment	-	211.61	220.26	197.02	161.05
Long-Term Investments	-	115.69	100.75	94.75	40
Goodwill	-	26.06	26.06	26.06	26.06
Other Intangible Assets	-	5.41	5.39	4.2	3.32
Long-Term Deferred Tax Assets	-	64.04	38.93	16.69	5.03
Long-Term Deferred Charges	-	48.28	64.19	76.25	33.41
Other Long-Term Assets	-	1.73	50.31	8.78	31.99
Total Assets	-	1,987	1,863	1,464	1,243
Accounts Payable	-	7.31	7.83	22.13	12.52
Accrued Expenses	-	77.24	88.72	37.29	27.33
Short-Term Debt	-	309.39	383.93	201.17	138.01
Current Portion of Long-Term Debt	-	19.3	-	-	-
Current Portion of Leases	-	24.78	22.1	22.54	18.98
Current Income Taxes Payable	-	6.6	24.92	16.93	11.42
Current Unearned Revenue	-	321.43	220.83	205.85	199.85
Other Current Liabilities	-	12.51	12.88	12.27	9.72
Total Current Liabilities	-	778.56	761.21	518.19	417.83
Long-Term Debt	-	67.2	-	-	-
Long-Term Leases	-	35.12	40.62	33.84	49.72
Long-Term Unearned Revenue	-	2.52	3.59	2.83	5.46
Long-Term Deferred Tax Liabilities	-	1.25	0.35	0.24	-
Total Liabilities	-	884.65	805.76	555.1	473.01
Common Stock	-	112	112	80	80
Additional Paid-In Capital	-	375.86	474.17	499.85	499.85
Retained Earnings	-	612.78	453.85	317.09	182.1
Total Common Equity	1,162	1,101	1,040	896.93	761.95
Minority Interest	-	2.01	17.25	11.67	7.69
Shareholders' Equity	1,165	1,103	1,057	908.6	769.64
Total Liabilities & Equity	-	1,987	1,863	1,464	1,243
Total Debt	588.42	455.79	446.65	257.55	206.71
Net Cash (Debt)	117.99	159.77	274.28	364.48	441.14
Net Cash Growth	-26.15%	-41.75%	-24.75%	-17.38%	414.12%
Net Cash Per Share	1.08	1.42	2.45	3.26	4.50
Filing Date Shares Outstanding	109.41	112	112	112	112
Total Common Shares Outstanding	109.28	112	112	112	112
Working Capital	-	735.93	595.93	521.77	523.96
Book Value Per Share	10.64	9.83	9.29	8.01	6.80
Tangible Book Value	1,132	1,069	1,009	866.68	732.57
Tangible Book Value Per Share	10.36	9.55	9.01	7.74	6.54
Machinery	-	256.34	232.62	195.9	124.14
Construction In Progress	-	-	-	-	3.4
Order Backlog	-	3,273	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.