SHA:688681 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	100.7	209.6	189.92	203.49	201.08	179.02
Trading Asset Securities	76.46	-	-	0.73	-	30.08
Cash & Short-Term Investments	177.16	209.6	189.92	204.22	201.08	209.1
Cash Growth	1.26%	10.36%	-7.00%	1.56%	-3.83%	159.81%
Accounts Receivable	286.28	316.37	286.08	246.17	296.78	314.77
Other Receivables	5.44	3.23	2.66	3.28	5.53	9.62
Receivables	291.72	319.6	288.74	249.45	302.31	324.39
Inventory	85.4	66.5	63.23	52.7	57.38	47.32
Prepaid Expenses	-	0.01	0.01	0.01	0.01	0.01
Other Current Assets	12.04	14.34	13.14	9.94	7.68	2.25
Total Current Assets	566.32	610.06	555.04	516.33	568.46	583.08
Property, Plant & Equipment	143.43	146.72	127.64	111.91	97.38	96.38
Long-Term Investments	60.03	58.37	53.7	51.94	46.62	42.14
Other Intangible Assets	42.73	25.24	27.14	26.73	25.4	24.95
Long-Term Accounts Receivable	-	-	0.45	0.91	1.35	1.8
Long-Term Deferred Tax Assets	12.38	14.12	11.7	10.32	8.91	6.91
Other Long-Term Assets	27.69	40.15	29.68	25.72	31.41	17.41
Total Assets	852.58	894.65	805.34	743.85	779.53	772.66
Accounts Payable	122.62	147.01	118.38	101.29	118.27	79.9
Accrued Expenses	7.19	17.89	15.26	12.26	19	11.57
Short-Term Debt	2.71	6.32	10.94	8.91	8.73	-
Current Portion of Leases	-	1.07	1.62	2.11	1.67	1.39
Current Income Taxes Payable	-	1.95	2.29	-	-	0.33
Current Unearned Revenue	39.4	43.67	42.07	22.36	19.71	17.59
Other Current Liabilities	42.05	40.01	30.13	16.12	31.61	65.15
Total Current Liabilities	213.98	257.91	220.69	163.05	198.99	175.93
Long-Term Debt	8.35	8.35	-	-	-	-
Long-Term Leases	1.14	1.28	1.26	2.22	1.49	1.04
Long-Term Unearned Revenue	7.42	7.42	6.5	6.1	9.25	10.71
Long-Term Deferred Tax Liabilities	-	-	-	0.04	0.04	-
Total Liabilities	230.89	274.96	228.45	171.41	209.77	187.68
Common Stock	104.67	104.67	104.67	104.67	104.67	104.67
Additional Paid-In Capital	265.23	264.48	260.87	257.89	257.32	257.12
Retained Earnings	255.62	253.19	216.65	201.73	199.48	219.51
Treasury Stock	-10.41	-10.41	-11.86	-	-	-
Comprehensive Income & Other	5.6	5.74	5.67	5.52	4.51	3.69
Total Common Equity	620.71	617.68	576	569.8	565.98	584.98
Minority Interest	0.98	2.01	0.89	2.64	3.77	-
Shareholders' Equity	621.69	619.69	576.89	572.45	569.76	584.98
Total Liabilities & Equity	852.58	894.65	805.34	743.85	779.53	772.66
Total Debt	12.2	17.03	13.82	13.24	11.89	2.43
Net Cash (Debt)	164.96	192.57	176.1	190.98	189.19	206.67
Net Cash Growth	4.15%	9.35%	-7.79%	0.95%	-8.46%	380.74%
Net Cash Per Share	1.36	1.85	1.67	1.80	1.78	2.27
Filing Date Shares Outstanding	127.78	103.81	103.4	104.07	104.67	104.67
Total Common Shares Outstanding	127.78	104.05	103.4	104.67	104.67	104.67
Working Capital	352.34	352.15	334.35	353.28	369.46	407.15
Book Value Per Share	4.86	5.94	5.57	5.44	5.41	5.59
Tangible Book Value	577.98	592.44	548.86	543.08	540.59	560.04
Tangible Book Value Per Share	4.52	5.69	5.31	5.19	5.16	5.35
Buildings	-	98.06	69.22	72.68	69.63	77.54
Machinery	-	120.29	107.94	82.88	69.45	56.03
Construction In Progress	-	9.61	16.84	9.87	2.34	0.11

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