SHA:688768 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	200.04	170.8	278.54	206.09	272.89	320.47
Trading Asset Securities	135.76	197.27	-	-	-	-
Cash & Short-Term Investments	335.8	368.08	278.54	206.09	272.89	320.47
Cash Growth	22.99%	32.15%	35.15%	-24.48%	-14.85%	212.41%
Accounts Receivable	535.47	658.56	585.12	496.59	475.67	297.52
Other Receivables	66.2	7.9	13.77	11.61	7.52	5.57
Receivables	601.67	666.47	598.88	508.21	483.19	303.09
Inventory	141.65	108.7	103.62	113.55	76.15	53.75
Prepaid Expenses	-	-	-	0.08	-	-
Other Current Assets	14.28	2.6	5.19	6.06	4.1	2.22
Total Current Assets	1,093	1,146	986.23	833.99	836.34	679.52
Property, Plant & Equipment	203.54	199.62	192.08	151.63	104	52.13
Long-Term Investments	4.39	3.11	-	-	-	-
Other Intangible Assets	11.49	11.91	9.2	8.95	9.24	9.55
Long-Term Accounts Receivable	-	53.38	42.72	42.76	36.34	25.32
Long-Term Deferred Tax Assets	44.63	35.73	25.69	25.04	13.55	5.93
Other Long-Term Assets	52.25	0.02	0.07	2.87	0.31	0.41
Total Assets	1,410	1,450	1,256	1,065	999.77	772.87
Accounts Payable	135.84	114.51	90	106.25	100.04	74.79
Accrued Expenses	60.1	99.35	58.78	42.24	85.83	44.5
Short-Term Debt	103.26	101.59	19	77.06	20.01	-
Current Portion of Leases	0.82	0.86	0.41	0.79	0.76	0.77
Current Income Taxes Payable	6.35	0.03	0.19	2.75	6.38	3.42
Current Unearned Revenue	5.06	3	3.52	6.75	5.6	8.71
Other Current Liabilities	6.35	20.57	33.65	26.51	18.78	3.64
Total Current Liabilities	317.77	339.92	205.55	262.35	237.41	135.83
Long-Term Leases	1.5	1.9	-	0.41	0.52	1.33
Long-Term Unearned Revenue	5.89	0.81	0.89	0.98	1.08	1.17
Other Long-Term Liabilities	3.48	2.99	-	-	-	-
Total Liabilities	328.64	345.61	206.43	263.73	239.01	138.33
Common Stock	87.99	87.99	87.43	81.63	54.87	54.87
Additional Paid-In Capital	470.83	470.83	463.64	319.5	338.56	317.59
Retained Earnings	522.37	545.2	498.54	400.4	367.33	262.24
Comprehensive Income & Other	-0.12	-0.03	-0.05	-0.03	-	-0.17
Total Common Equity	1,081	1,104	1,050	801.51	760.76	634.53
Minority Interest	-0	-0	-	-	-	-
Shareholders' Equity	1,081	1,104	1,050	801.51	760.76	634.53
Total Liabilities & Equity	1,410	1,450	1,256	1,065	999.77	772.87
Total Debt	105.58	104.35	19.41	78.26	21.29	2.1
Net Cash (Debt)	230.22	263.72	259.13	127.84	251.6	318.37
Net Cash Growth	-9.37%	1.77%	102.70%	-49.19%	-20.97%	210.36%
Net Cash Per Share	2.65	3.01	3.13	1.55	3.08	4.58
Filing Date Shares Outstanding	87.99	87.99	87.43	81.63	81.2	81.2
Total Common Shares Outstanding	87.99	87.99	87.43	81.63	81.2	81.2
Working Capital	775.63	805.92	780.68	571.64	598.93	543.69
Book Value Per Share	12.29	12.55	12.00	9.82	9.37	7.81
Tangible Book Value	1,070	1,092	1,040	792.56	751.52	624.99
Tangible Book Value Per Share	12.16	12.41	11.90	9.71	9.26	7.70
Buildings	-	189.96	189.96	44.66	44.66	44.66
Machinery	-	58.63	53.88	39.44	33.32	27.57
Construction In Progress	-	18.16	-	108.62	57.64	2.07