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	817.09	854.67	412.06	427.24	420.91
Short-Term Investments	-	-	108.3	83.55	-
Trading Asset Securities	95.17	90	300.88	280.93	150.2
Cash & Short-Term Investments	912.26	944.67	821.23	791.72	571.11
Cash Growth	-3.43%	15.03%	3.73%	38.63%	3.21%
Accounts Receivable	55.49	89.7	44.03	52.58	73.75
Other Receivables	0.8	16.75	0.3	6.96	2.8
Receivables	56.29	106.45	44.33	59.54	76.55
Inventory	81.32	107.24	202.02	175.26	119.83
Other Current Assets	296.11	156.04	62.92	76.62	9.06
Total Current Assets	1,346	1,314	1,131	1,103	776.55
Property, Plant & Equipment	41.29	43.16	42.16	37.57	37.07
Long-Term Investments	126.18	271.78	80.83	104.8	183.35
Other Intangible Assets	94.98	99.91	86.14	90.01	88.39
Long-Term Deferred Tax Assets	33.47	6.11	6.98	15.22	21.22
Long-Term Deferred Charges	5.76	-	0.32	1.67	1.87
Other Long-Term Assets	-	-	7.02	-	-
Total Assets	1,648	1,735	1,354	1,352	1,108
Accounts Payable	98.11	75.36	107.76	122.59	231.92
Accrued Expenses	30.8	33.77	45.87	39.2	28.34
Current Portion of Long-Term Debt	5.3	-	-	-	-
Current Portion of Leases	-	5.76	4.92	4.22	-
Current Income Taxes Payable	4.14	0.94	0.92	0.41	7.94
Current Unearned Revenue	229.8	212.66	307.25	457.68	291.02
Other Current Liabilities	30.63	36.01	61.27	85.25	40.3
Total Current Liabilities	398.78	364.49	528	709.36	599.51
Long-Term Leases	6.56	1.81	6.58	2.86	5.85
Long-Term Unearned Revenue	4.27	3.69	-	5.08	6.43
Total Liabilities	409.61	370	534.58	717.3	611.78
Common Stock	120	120	90	90	90
Additional Paid-In Capital	931.08	920.37	418.38	407.69	372.48
Retained Earnings	180.35	311.07	301.39	130.91	36.27
Comprehensive Income & Other	6.62	13.92	9.61	6.5	-2.08
Shareholders' Equity	1,238	1,365	819.38	635.1	496.67
Total Liabilities & Equity	1,648	1,735	1,354	1,352	1,108
Total Debt	11.86	7.57	11.5	7.08	5.85
Net Cash (Debt)	900.4	937.1	809.73	784.64	565.26
Net Cash Growth	-3.92%	15.73%	3.20%	38.81%	2.15%
Net Cash Per Share	7.50	8.60	8.98	8.68	6.32
Filing Date Shares Outstanding	120	120	120	90.35	90
Total Common Shares Outstanding	120	120	90	90.35	90
Working Capital	947.2	949.92	602.51	393.78	177.05
Book Value Per Share	10.32	11.38	9.10	7.03	5.52
Tangible Book Value	1,143	1,265	733.24	545.09	408.27
Tangible Book Value Per Share	9.53	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
Order Backlog	-	807	-	-	-

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