SHA:688623 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
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
Cash & Equivalents	865.55	751.05	1,090	1,695	188.71
Short-Term Investments	-	-	-	-	91.49
Trading Asset Securities	914.61	975.28	484.06	97.11	-
Cash & Short-Term Investments	1,780	1,726	1,575	1,792	280.2
Cash Growth	4.68%	9.64%	-12.14%	539.59%	-
Accounts Receivable	157.42	176.66	228.06	196.02	166.58
Other Receivables	1.11	1.11	2.44	3.25	3.54
Receivables	158.53	177.77	230.5	199.27	170.12
Inventory	435.54	409.18	427.31	457.22	352.65
Other Current Assets	90.9	93.71	213.6	200.97	33.61
Total Current Assets	2,465	2,407	2,446	2,650	836.58
Property, Plant & Equipment	195.32	196.72	192.95	100.07	18.01
Other Intangible Assets	13.95	14.04	14.4	14.54	14.14
Long-Term Accounts Receivable	-	-	1.26	3.36	3.61
Long-Term Deferred Tax Assets	25.3	26.18	12.43	8.21	5.98
Long-Term Deferred Charges	0.07	0.09	0.16	0.2	0.42
Other Long-Term Assets	2.96	3.24	-	-	-
Total Assets	2,703	2,647	2,667	2,776	878.73
Accounts Payable	49.38	49.02	59.45	54.04	42.83
Accrued Expenses	10.66	17.9	28.62	26.06	26.87
Short-Term Debt	-	-	-	1	1.31
Current Portion of Leases	-	-	-	1.79	2.58
Current Income Taxes Payable	7.52	8.89	6.62	8.43	4.25
Current Unearned Revenue	449.13	418.61	404.51	400.5	326.51
Other Current Liabilities	37.72	28.5	35.56	49.4	37.98
Total Current Liabilities	554.56	522.92	534.76	541.22	442.34
Long-Term Debt	-	-	-	50.05	50.06
Long-Term Leases	0.24	0.39	0.53	0.34	2.17
Long-Term Deferred Tax Liabilities	1.74	1.11	0.85	0.7	0.93
Other Long-Term Liabilities	3.91	3.93	4.49	5.18	4.61
Total Liabilities	560.45	528.34	540.62	597.49	500.09
Common Stock	59.14	59.14	59.14	59.14	44.36
Additional Paid-In Capital	1,829	1,829	1,829	1,829	177.36
Retained Earnings	279.46	260.85	268.48	290.37	156.91
Treasury Stock	-30.01	-30.01	-30.01	-	-
Shareholders' Equity	2,142	2,119	2,127	2,178	378.63
Total Liabilities & Equity	2,703	2,647	2,667	2,776	878.73
Total Debt	0.39	0.39	0.53	53.19	56.11
Net Cash (Debt)	1,780	1,726	1,574	1,739	224.09
Net Cash Growth	4.69%	9.65%	-9.48%	676.00%	-
Net Cash Per Share	30.56	29.54	26.82	33.62	5.06
Filing Date Shares Outstanding	58.18	56.16	58.6	59.14	43.59
Total Common Shares Outstanding	58.18	56.16	58.6	59.14	43.59
Working Capital	1,911	1,884	1,911	2,108	394.24
Book Value Per Share	36.74	37.73	36.29	36.83	8.69
Tangible Book Value	2,124	2,105	2,112	2,164	364.49
Tangible Book Value Per Share	36.50	37.48	36.04	36.59	8.36
Buildings	-	-	16.78	16.78	16.78
Machinery	-	-	13.56	12.35	11.17
Construction In Progress	-	-	182.58	86.65	1.12
Order Backlog	-	-	895	-	-

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