SHA:688682 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	119.08	52.68	122.13	173.13	91.36	93.01
Trading Asset Securities	249.08	295.18	231.68	263.71	366.19	402.21
Cash & Short-Term Investments	368.16	347.86	353.81	436.84	457.56	495.22
Cash Growth	25.92%	-1.68%	-19.01%	-4.53%	-7.61%	188.26%
Accounts Receivable	194.33	208.99	279.16	229.48	217.46	188.35
Other Receivables	3.61	5.26	6.68	2.54	3.8	5.37
Receivables	197.95	214.25	285.84	232.02	221.26	193.72
Inventory	101.55	132.18	106.05	70.4	46.24	35.86
Prepaid Expenses	-	-	-	-	0.14	0.02
Other Current Assets	12.89	51.19	50.25	30.29	42.4	6.68
Total Current Assets	680.55	745.48	795.96	769.55	767.61	731.5
Property, Plant & Equipment	76.45	78.33	54.19	42.22	36.87	21.21
Long-Term Investments	9.9	10.16	8.68	7.57	7.4	6.79
Goodwill	62.11	62.11	62.11	62.11	62.11	62.11
Other Intangible Assets	14.44	15.07	12.1	13.96	15.59	14
Long-Term Deferred Tax Assets	31.01	31.68	19.07	11.86	4.98	1.42
Long-Term Deferred Charges	1.93	2.11	2.24	1.61	2.41	2.16
Other Long-Term Assets	14.5	3.75	8.8	7.33	7.32	5.58
Total Assets	890.89	948.69	963.14	916.2	904.28	844.78
Accounts Payable	115.51	139.14	101.76	124.73	120.16	94.92
Accrued Expenses	3.74	18.29	29.11	31.71	31	22.32
Short-Term Debt	-	-	17	-	2.79	5.01
Current Portion of Long-Term Debt	5.53	5.43	-	-	-	-
Current Portion of Leases	-	-	5.71	4.51	5.87	2.72
Current Income Taxes Payable	4.87	9.15	1.96	5.01	5.48	7.56
Current Unearned Revenue	63.9	80.32	86.09	25.2	25.46	31.67
Other Current Liabilities	7.35	11.15	9.25	11.69	24.68	50.04
Total Current Liabilities	200.9	263.48	250.89	202.85	215.46	214.24
Long-Term Leases	4.85	5.62	6.28	0.13	2.53	1.08
Long-Term Unearned Revenue	21.09	21.54	16.91	13.04	8.17	5.77
Long-Term Deferred Tax Liabilities	1.2	1.25	1.45	1.65	1.85	2.05
Total Liabilities	228.04	291.9	275.52	217.67	228.01	223.13
Common Stock	101.84	101.84	72.74	72.74	51.95	37
Additional Paid-In Capital	387.02	386.95	417.1	421.02	442.11	445.75
Retained Earnings	129.09	122.61	160.54	160.66	152.25	120.34
Total Common Equity	617.95	611.39	650.38	654.42	646.3	603.09
Minority Interest	44.9	45.4	37.24	44.12	29.97	18.56
Shareholders' Equity	662.85	656.79	687.62	698.54	676.27	621.65
Total Liabilities & Equity	890.89	948.69	963.14	916.2	904.28	844.78
Total Debt	10.37	11.05	28.99	4.64	11.2	8.81
Net Cash (Debt)	357.79	336.81	324.82	432.19	446.36	486.42
Net Cash Growth	32.57%	3.69%	-24.84%	-3.17%	-8.23%	183.14%
Net Cash Per Share	3.48	3.31	3.22	4.21	4.36	5.22
Filing Date Shares Outstanding	108.12	101.84	101.84	101.84	101.82	101.53
Total Common Shares Outstanding	108.12	101.84	101.84	101.84	101.82	101.53
Working Capital	479.64	482	545.07	566.7	552.15	517.26
Book Value Per Share	5.72	6.00	6.39	6.43	6.35	5.94
Tangible Book Value	541.4	534.22	576.17	578.36	568.61	526.98
Tangible Book Value Per Share	5.01	5.25	5.66	5.68	5.58	5.19
Machinery	-	-	57.4	47.9	33.81	19.85
Construction In Progress	-	-	0.8	-	-	-

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