SHA:688667 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	510.69	574.28	399.04	213.05	87.62	114.68
Trading Asset Securities	409.21	288.43	235.89	248.83	526.11	743.43
Cash & Short-Term Investments	919.9	862.71	634.92	461.88	613.73	858.11
Cash Growth	30.21%	35.88%	37.46%	-24.74%	-28.48%	2969.00%
Accounts Receivable	544.7	653.24	631.64	687.34	429.45	559.71
Other Receivables	1.76	14.36	37.87	53.15	54.27	9.3
Receivables	546.46	667.6	669.51	740.49	483.73	569.01
Inventory	291.66	259.72	302.42	419.03	397.55	172.57
Other Current Assets	23.15	4.27	4.9	13.48	25.11	6.35
Total Current Assets	1,781	1,794	1,612	1,635	1,520	1,606
Property, Plant & Equipment	307.9	315.41	351.41	373	299.27	124.01
Other Intangible Assets	65.32	66.34	70.36	50.85	46.55	11.11
Long-Term Deferred Tax Assets	32.43	32.68	33.22	26.55	17.65	10.89
Long-Term Deferred Charges	0.42	0.47	0.09	0.25	0.43	0.11
Other Long-Term Assets	8.02	0.47	1.6	8.36	35.43	14.44
Total Assets	2,195	2,210	2,068	2,094	1,919	1,767
Accounts Payable	190.31	206.6	246.15	280.13	241.28	194.78
Accrued Expenses	11.07	30.43	21.07	29.97	20.2	20.44
Short-Term Debt	-	-	-	-	-	30.04
Current Portion of Leases	-	0.86	1.9	1.17	2.01	0.87
Current Income Taxes Payable	5.18	-	-	0.07	0.04	4.07
Current Unearned Revenue	55.32	57.43	34.43	52.27	35.1	15.53
Other Current Liabilities	36.71	54.68	63.46	90.01	76.07	75.18
Total Current Liabilities	302.67	350.01	367.01	453.62	374.69	340.91
Long-Term Leases	1.1	0.62	0.37	0.61	3.12	0.46
Long-Term Unearned Revenue	55.67	56.46	61.21	27.14	12.69	13.53
Long-Term Deferred Tax Liabilities	2.87	2.72	3.18	3.43	3.52	1.13
Other Long-Term Liabilities	10.14	11.23	16.93	17.45	6.98	4.17
Total Liabilities	372.45	421.03	448.7	502.26	401	360.2
Common Stock	52.7	52.7	51.81	51.81	51.81	51.6
Additional Paid-In Capital	1,095	1,092	1,056	1,029	997.25	952.45
Retained Earnings	673.82	642.39	511.94	510.76	469.4	402.37
Total Common Equity	1,822	1,787	1,620	1,592	1,518	1,406
Minority Interest	1.17	1.25	-	-	-	-
Shareholders' Equity	1,823	1,789	1,620	1,592	1,518	1,406
Total Liabilities & Equity	2,195	2,210	2,068	2,094	1,919	1,767
Total Debt	5.19	1.48	2.27	1.78	5.14	31.37
Net Cash (Debt)	914.71	861.23	632.66	460.1	608.59	826.74
Net Cash Growth	29.67%	36.13%	37.50%	-24.40%	-26.39%	-
Net Cash Per Share	17.38	16.51	12.30	8.71	11.62	16.95
Filing Date Shares Outstanding	52.38	52.7	51.81	51.81	51.81	51.6
Total Common Shares Outstanding	52.38	52.7	51.81	51.81	51.81	51.6
Working Capital	1,479	1,444	1,245	1,181	1,145	1,265
Book Value Per Share	34.78	33.92	31.26	30.72	29.31	27.26
Tangible Book Value	1,756	1,721	1,549	1,541	1,472	1,395
Tangible Book Value Per Share	33.53	32.66	29.90	29.74	28.41	27.04
Buildings	-	170.82	169.72	169.58	40.8	41.14
Machinery	-	261.22	262.27	210.78	121.67	92.24
Construction In Progress	-	1.14	1.25	42.56	180.77	25.64

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