SHA:688768 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	-	278.54	206.09	272.89	320.47
Cash & Short-Term Investments	349.94	278.54	206.09	272.89	320.47
Cash Growth	25.64%	35.15%	-24.48%	-14.85%	212.41%
Accounts Receivable	-	585.12	496.59	475.67	297.52
Other Receivables	-	13.77	11.61	7.52	5.57
Receivables	-	598.88	508.21	483.19	303.09
Inventory	-	103.62	113.55	76.15	53.75
Prepaid Expenses	-	1.3	0.08	-	-
Other Current Assets	-	3.89	6.06	4.1	2.22
Total Current Assets	-	986.23	833.99	836.34	679.52
Property, Plant & Equipment	-	192.08	151.63	104	52.13
Other Intangible Assets	-	9.2	8.95	9.24	9.55
Long-Term Accounts Receivable	-	42.72	42.76	36.34	25.32
Long-Term Deferred Tax Assets	-	25.69	25.04	13.55	5.93
Other Long-Term Assets	-	0.07	2.87	0.31	0.41
Total Assets	-	1,256	1,065	999.77	772.87
Accounts Payable	-	90	106.25	100.04	74.79
Accrued Expenses	-	59.79	42.24	85.83	44.5
Short-Term Debt	-	19	77.06	20.01	-
Current Portion of Leases	-	0.41	0.79	0.76	0.77
Current Income Taxes Payable	-	0.19	2.75	6.38	3.42
Current Unearned Revenue	-	3.52	6.75	5.6	8.71
Other Current Liabilities	-	32.64	26.51	18.78	3.64
Total Current Liabilities	-	205.55	262.35	237.41	135.83
Long-Term Leases	-	-	0.41	0.52	1.33
Long-Term Unearned Revenue	-	0.89	0.98	1.08	1.17
Total Liabilities	-	206.43	263.73	239.01	138.33
Common Stock	-	87.43	81.63	54.87	54.87
Additional Paid-In Capital	-	463.64	319.5	338.56	317.59
Retained Earnings	-	498.54	400.4	367.33	262.24
Comprehensive Income & Other	-	-0.05	-0.03	-	-0.17
Total Common Equity	1,052	1,050	801.51	760.76	634.53
Shareholders' Equity	1,052	1,050	801.51	760.76	634.53
Total Liabilities & Equity	-	1,256	1,065	999.77	772.87
Total Debt	123.47	19.41	78.26	21.29	2.1
Net Cash (Debt)	226.47	259.13	127.84	251.6	318.37
Net Cash Growth	-12.60%	102.70%	-49.19%	-20.97%	210.36%
Net Cash Per Share	2.59	3.13	1.55	3.08	4.58
Filing Date Shares Outstanding	89.34	87.43	81.63	81.2	81.2
Total Common Shares Outstanding	87.99	87.43	81.63	81.2	81.2
Working Capital	-	780.68	571.64	598.93	543.69
Book Value Per Share	11.96	12.00	9.82	9.37	7.81
Tangible Book Value	1,040	1,040	792.56	751.52	624.99
Tangible Book Value Per Share	11.82	11.90	9.71	9.26	7.70
Buildings	-	189.96	44.66	44.66	44.66
Machinery	-	53.88	39.44	33.32	27.57
Construction In Progress	-	-	108.62	57.64	2.07

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