SHA:688691 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	-	854.67	412.06	427.24	420.91
Short-Term Investments	-	-	108.3	83.55	-
Trading Asset Securities	-	90	300.88	280.93	150.2
Cash & Short-Term Investments	905.7	944.67	821.23	791.72	571.11
Cash Growth	-4.13%	15.03%	3.73%	38.63%	3.21%
Accounts Receivable	-	89.7	44.03	52.58	73.75
Other Receivables	-	16.75	0.3	6.96	2.8
Receivables	-	106.45	44.33	59.54	76.55
Inventory	-	107.24	202.02	175.26	119.83
Other Current Assets	-	156.04	62.92	76.62	9.06
Total Current Assets	-	1,314	1,131	1,103	776.55
Property, Plant & Equipment	-	43.16	42.16	37.57	37.07
Long-Term Investments	-	271.78	80.83	104.8	183.35
Other Intangible Assets	-	99.91	86.14	90.01	88.39
Long-Term Deferred Tax Assets	-	6.11	6.98	15.22	21.22
Long-Term Deferred Charges	-	-	0.32	1.67	1.87
Other Long-Term Assets	-	-	7.02	-	-
Total Assets	-	1,735	1,354	1,352	1,108
Accounts Payable	-	75.36	107.76	122.59	231.92
Accrued Expenses	-	33.77	45.87	39.2	28.34
Current Portion of Leases	-	5.76	4.92	4.22	-
Current Income Taxes Payable	-	0.94	0.92	0.41	7.94
Current Unearned Revenue	-	212.66	307.25	457.68	291.02
Other Current Liabilities	-	36.01	61.27	85.25	40.3
Total Current Liabilities	-	364.49	528	709.36	599.51
Long-Term Leases	-	1.81	6.58	2.86	5.85
Long-Term Unearned Revenue	-	3.69	-	5.08	6.43
Total Liabilities	-	370	534.58	717.3	611.78
Common Stock	-	120	90	90	90
Additional Paid-In Capital	-	920.37	418.38	407.69	372.48
Retained Earnings	-	311.07	301.39	130.91	36.27
Comprehensive Income & Other	-	13.92	9.61	6.5	-2.08
Shareholders' Equity	1,254	1,365	819.38	635.1	496.67
Total Liabilities & Equity	-	1,735	1,354	1,352	1,108
Total Debt	5.43	7.57	11.5	7.08	5.85
Net Cash (Debt)	900.28	937.1	809.73	784.64	565.26
Net Cash Growth	-3.93%	15.73%	3.20%	38.81%	2.15%
Net Cash Per Share	7.51	8.60	8.98	8.68	6.32
Filing Date Shares Outstanding	120.59	120	120	90.35	90
Total Common Shares Outstanding	120	120	90	90.35	90
Working Capital	-	949.92	602.51	393.78	177.05
Book Value Per Share	10.45	11.38	9.10	7.03	5.52
Tangible Book Value	1,153	1,265	733.24	545.09	408.27
Tangible Book Value Per Share	9.61	10.55	8.15	6.03	4.54
Buildings	-	7.3	7.3	7.3	7.3
Machinery	-	61.27	49.55	44.73	33.09

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