SHA:688631 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	-	1,410	1,258	648.13	412.43
Trading Asset Securities	-	50.2	200.03	-	-
Cash & Short-Term Investments	850.98	1,461	1,458	648.13	412.43
Cash Growth	-41.74%	0.14%	125.03%	57.15%	-0.79%
Accounts Receivable	-	1,624	1,460	1,098	808.16
Other Receivables	-	19.47	24.87	25.63	-
Receivables	-	1,643	1,484	1,123	808.16
Inventory	-	333.56	478.66	463.09	481.62
Prepaid Expenses	-	2.38	0.06	0.13	-
Other Current Assets	-	64.7	23.97	70.05	120.45
Total Current Assets	-	3,504	3,446	2,305	1,823
Property, Plant & Equipment	-	137.74	149.7	144.24	153.82
Long-Term Investments	-	12.02	12.83	11.1	10.46
Other Intangible Assets	-	47.17	15.55	11.72	10.6
Long-Term Accounts Receivable	-	20.29	44.03	47.84	57.32
Long-Term Deferred Tax Assets	-	67.26	56.15	50.96	49.66
Other Long-Term Assets	-	12.17	13.22	19.25	22.46
Total Assets	-	3,801	3,737	2,590	2,127
Accounts Payable	-	1,389	1,377	1,078	811.06
Accrued Expenses	-	76.86	76.32	86.6	71.47
Short-Term Debt	-	-	0.56	216.98	-
Current Portion of Leases	-	0.07	0.43	1.47	0.87
Current Income Taxes Payable	-	11.88	8.62	2.64	7.71
Current Unearned Revenue	-	291.77	320.07	344.13	470.66
Other Current Liabilities	-	31.23	28.36	31.78	35.53
Total Current Liabilities	-	1,801	1,811	1,761	1,397
Long-Term Leases	-	0.03	0.04	0.49	0.97
Long-Term Unearned Revenue	-	14.13	10.26	16.91	7.46
Other Long-Term Liabilities	-	33.73	33.31	35	33.41
Total Liabilities	-	1,849	1,855	1,814	1,439
Common Stock	-	163.47	163.47	122.6	122.6
Additional Paid-In Capital	-	1,263	1,263	333.82	331.32
Retained Earnings	-	500.57	438.55	306.46	225.54
Total Common Equity	1,812	1,927	1,865	762.87	679.46
Minority Interest	-	25.23	17.29	13.42	8.4
Shareholders' Equity	1,835	1,952	1,882	776.29	687.86
Total Liabilities & Equity	-	3,801	3,737	2,590	2,127
Total Debt	0.04	0.1	1.03	218.94	1.84
Net Cash (Debt)	850.93	1,460	1,457	429.2	410.59
Net Cash Growth	-41.73%	0.21%	239.58%	4.53%	12.60%
Net Cash Per Share	5.24	8.94	10.15	3.50	3.35
Filing Date Shares Outstanding	163.47	163.47	163.47	122.6	122.6
Total Common Shares Outstanding	163.47	163.47	163.47	122.6	122.6
Working Capital	-	1,703	1,634	543.58	425.38
Book Value Per Share	11.08	11.79	11.41	6.22	5.54
Tangible Book Value	1,753	1,880	1,849	751.15	668.86
Tangible Book Value Per Share	10.72	11.50	11.31	6.13	5.46
Buildings	-	235.49	235.47	227.87	225.13
Machinery	-	88.44	75.89	70.42	70.23
Construction In Progress	-	4.49	12.68	0.52	-

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