SHA:688695 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	267.04	227.91	358.16	195.2	200.17	230.28
Trading Asset Securities	123.23	193.27	135.39	-	-	-
Cash & Short-Term Investments	390.26	421.19	493.55	195.2	200.17	230.28
Cash Growth	-16.25%	-14.66%	152.84%	-2.48%	-13.08%	181.22%
Accounts Receivable	272.65	269.2	268.78	208.59	123.36	63.03
Other Receivables	17.91	13.76	0.41	2.78	0	0.06
Receivables	290.56	282.95	269.2	211.37	123.37	63.09
Inventory	5.76	4.59	5.51	0.07	0.61	18.18
Other Current Assets	9.36	10.71	7.36	12.04	9.06	0.7
Total Current Assets	695.94	719.44	775.62	418.68	333.21	312.24
Property, Plant & Equipment	68.15	54.62	54.11	21.45	26.28	22.43
Long-Term Investments	3	3	-	-	-	-
Other Intangible Assets	21.39	21.81	16.7	9.11	6.36	3.34
Long-Term Deferred Tax Assets	11.64	9.75	3.55	2.02	1.14	0.95
Long-Term Deferred Charges	7.43	6.04	-	-	-	-
Other Long-Term Assets	1.72	8.05	10.01	0.61	1.67	0.33
Total Assets	809.27	822.7	859.99	451.86	368.65	339.28
Accounts Payable	14.28	4.26	9.04	15.28	7.83	12.88
Accrued Expenses	4.9	19.11	19.29	21.69	10.87	11.01
Current Portion of Leases	-	5.18	8.07	5.79	4.98	3.92
Current Income Taxes Payable	0.69	0.14	3.45	5.68	3.38	1.56
Current Unearned Revenue	6.13	5.61	4.01	1.31	1.4	8.48
Other Current Liabilities	13.38	10.33	1.41	0.7	0.58	0.31
Total Current Liabilities	39.38	44.63	45.27	50.45	29.05	38.16
Long-Term Leases	5.38	3.09	2.8	6.66	10.7	13.38
Long-Term Unearned Revenue	3.09	3.21	0.56	1.1	2.04	5.08
Long-Term Deferred Tax Liabilities	0.02	0.03	0.04	-	-	-
Total Liabilities	47.86	50.96	48.67	58.21	41.79	56.62
Common Stock	85.05	85.05	85.05	63.79	63.79	63.79
Additional Paid-In Capital	525.92	525.92	525.92	147.83	147.69	147.34
Retained Earnings	150.43	160.77	200.35	182.04	115.38	71.53
Shareholders' Equity	761.41	771.74	811.32	393.66	326.86	282.66
Total Liabilities & Equity	809.27	822.7	859.99	451.86	368.65	339.28
Total Debt	5.38	8.28	10.87	12.45	15.69	17.3
Net Cash (Debt)	384.89	412.91	482.68	182.75	184.48	212.98
Net Cash Growth	-15.98%	-14.45%	164.11%	-0.93%	-13.38%	160.09%
Net Cash Per Share	4.60	4.92	6.11	2.88	2.90	3.78
Filing Date Shares Outstanding	85.05	85.05	85.05	85.05	85.05	63.79
Total Common Shares Outstanding	85.05	85.05	85.05	63.79	63.79	63.79
Working Capital	656.56	674.81	730.35	368.22	304.16	274.08
Book Value Per Share	8.95	9.07	9.54	6.17	5.12	4.43
Tangible Book Value	740.02	749.94	794.62	384.54	320.5	279.32
Tangible Book Value Per Share	8.70	8.82	9.34	6.03	5.02	4.38
Machinery	-	71.31	61.12	24.43	22.96	15.02