SHA:688630 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	563.8	474.68	671.02	898.31	371.75	216.05
Trading Asset Securities	332.93	288.81	102.19	120.39	-	236.9
Cash & Short-Term Investments	896.74	763.49	773.21	1,019	371.75	452.95
Cash Growth	25.59%	-1.26%	-24.10%	174.02%	-17.93%	327.21%
Accounts Receivable	1,126	1,094	1,025	845.64	589.11	379.54
Other Receivables	5.68	3.65	7.99	4.85	6.78	-
Receivables	1,132	1,098	1,033	850.49	595.89	379.54
Inventory	778.09	771.16	577.76	308.53	302.48	234.4
Other Current Assets	136.08	31.45	39.84	15.77	19.67	20.08
Total Current Assets	2,943	2,664	2,424	2,193	1,290	1,087
Property, Plant & Equipment	337.88	298.55	243.43	176.78	164.9	121.58
Long-Term Investments	-	32.6	31.22	10.44	9.94	-
Other Intangible Assets	12.29	12.63	13.31	11.57	10.55	1.3
Long-Term Accounts Receivable	-	22.23	7.03	20.19	8.24	3.17
Long-Term Deferred Tax Assets	32.47	28.92	25.98	24.92	21.15	11.27
Long-Term Deferred Charges	0.4	0.56	0.58	-	-	0.05
Other Long-Term Assets	86.51	57.03	43.08	43.09	42.09	39.22
Total Assets	3,412	3,117	2,789	2,480	1,547	1,264
Accounts Payable	605.32	487.02	483.83	247.59	296.63	191.53
Accrued Expenses	85.2	34.82	23.41	35.15	32.41	13.1
Short-Term Debt	6.52	12.4	6.46	19.79	12.27	-
Current Portion of Long-Term Debt	-	-	-	-	-	23.4
Current Portion of Leases	-	0.49	0.39	0.4	0.06	0.11
Current Income Taxes Payable	-	13.68	1.31	18.13	18.85	12.49
Current Unearned Revenue	118.48	56.61	41.18	16.17	33.39	19.34
Other Current Liabilities	114.47	138.53	90.93	31.29	13.94	19.31
Total Current Liabilities	929.98	743.55	647.51	368.52	407.55	279.28
Long-Term Debt	-	-	-	-	-	5
Long-Term Leases	0.83	0.91	1.18	1.49	0.05	0.01
Long-Term Unearned Revenue	58.04	59.62	65.94	72.26	85.19	44.9
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.28
Other Long-Term Liabilities	4.63	4.21	11.62	6.51	4.77	2.99
Total Liabilities	993.48	808.28	726.24	448.78	497.56	332.46
Common Stock	131.74	131.74	131.74	131.42	120.8	120.8
Additional Paid-In Capital	1,411	1,407	1,397	1,394	601.11	595.54
Retained Earnings	912.2	803.81	562.44	506.5	327.19	214.77
Treasury Stock	-36.13	-36.13	-30.02	-	-	-
Comprehensive Income & Other	-0.23	2.41	1.42	-	-	-
Shareholders' Equity	2,419	2,308	2,063	2,032	1,049	931.11
Total Liabilities & Equity	3,412	3,117	2,789	2,480	1,547	1,264
Total Debt	7.35	13.8	8.02	21.68	12.39	28.52
Net Cash (Debt)	889.39	749.69	765.19	997.01	359.37	424.43
Net Cash Growth	25.30%	-2.02%	-23.25%	177.44%	-15.33%	359.59%
Net Cash Per Share	6.79	5.71	5.86	7.95	2.97	3.76
Filing Date Shares Outstanding	130.59	131.26	131.26	131.42	120.8	120.8
Total Common Shares Outstanding	130.59	131.26	131.26	131.42	120.8	120.8
Working Capital	2,013	1,921	1,777	1,825	882.24	807.69
Book Value Per Share	18.52	17.59	15.71	15.46	8.68	7.71
Tangible Book Value	2,407	2,296	2,049	2,020	1,039	929.81
Tangible Book Value Per Share	18.43	17.49	15.61	15.37	8.60	7.70
Buildings	-	230.42	138.89	135.36	132.09	104.57
Machinery	-	68.17	63.33	59.66	53.66	24.93
Construction In Progress	-	60.45	87.53	15.12	-	3.9

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