SHA:688701 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	-	29.66	100.5	197.39	232.29
Trading Asset Securities	-	0.5	-	-	-
Cash & Short-Term Investments	47.45	30.16	100.5	197.39	232.29
Cash Growth	57.33%	-69.99%	-49.08%	-15.03%	171.78%
Accounts Receivable	-	488.15	537.09	459.87	480.11
Other Receivables	-	8.27	10.72	43.11	22.05
Receivables	-	496.41	547.81	502.98	502.16
Inventory	-	4.27	4.7	4.19	0.68
Other Current Assets	-	4.16	4.44	9.94	16.51
Total Current Assets	-	535.01	657.45	714.5	751.64
Property, Plant & Equipment	-	27.24	27.85	38.35	38.53
Long-Term Deferred Tax Assets	-	24.16	20.4	11.51	9.43
Long-Term Deferred Charges	-	0.08	0.29	0.56	0.64
Other Long-Term Assets	-	-	-	1.05	-
Total Assets	-	586.48	705.99	765.98	800.25
Accounts Payable	-	201.73	187.77	131.58	156.47
Accrued Expenses	-	16.05	18.87	11.13	12.94
Short-Term Debt	-	127.12	156.2	201.07	88.45
Current Portion of Long-Term Debt	-	7.01	30.05	-	21.03
Current Portion of Leases	-	5.35	3.24	4.16	3.18
Current Income Taxes Payable	-	0.01	0.01	0.01	6.59
Current Unearned Revenue	-	10.67	11.64	10.02	0.69
Other Current Liabilities	-	14.28	6.97	4.25	0.75
Total Current Liabilities	-	382.22	414.75	362.23	290.1
Long-Term Debt	-	2	10	-	-
Long-Term Leases	-	3.37	0.15	1.77	0.81
Total Liabilities	-	387.6	424.9	364	290.9
Common Stock	-	134.28	134.28	134.28	134.28
Additional Paid-In Capital	-	175.64	175.64	175.64	175.64
Retained Earnings	-	-111.03	-28.83	92.06	199.43
Total Common Equity	146.73	198.89	281.09	401.98	509.35
Shareholders' Equity	147.12	198.89	281.09	401.98	509.35
Total Liabilities & Equity	-	586.48	705.99	765.98	800.25
Total Debt	141.49	144.86	199.64	207	113.46
Net Cash (Debt)	-94.04	-114.7	-99.14	-9.61	118.83
Net Cash Growth	-	-	-	-	778.34%
Net Cash Per Share	-0.70	-0.85	-0.74	-0.07	0.90
Filing Date Shares Outstanding	134.28	134.28	134.28	134.28	134.28
Total Common Shares Outstanding	134.28	134.28	134.28	134.28	134.28
Working Capital	-	152.78	242.7	352.27	461.55
Book Value Per Share	1.09	1.48	2.09	2.99	3.79
Tangible Book Value	146.73	198.89	281.09	401.98	509.35
Tangible Book Value Per Share	1.09	1.48	2.09	2.99	3.79
Buildings	-	0.51	0.51	0.51	0.51
Machinery	-	49.83	51.15	52.48	51.76
Construction In Progress	-	3.64	0.15	-	-

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