SHA:688787 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	81.11	136.04	55.72	38.69	73.2	277.7
Trading Asset Securities	158.44	130.4	271.89	363.26	400.95	418.01
Cash & Short-Term Investments	239.55	266.44	327.61	401.95	474.15	695.71
Cash Growth	-26.05%	-18.67%	-18.50%	-15.23%	-31.85%	87.35%
Accounts Receivable	204.35	169.66	87.57	94.26	106.15	95.3
Other Receivables	3.37	3.34	1.94	3.16	2.52	2.85
Receivables	207.72	173	89.51	97.43	108.68	98.15
Inventory	25.11	27.45	23	4.54	4.62	8.55
Prepaid Expenses	-	-	1	0.04	1.07	-
Other Current Assets	23.27	19.46	5.4	20.04	7.59	6.51
Total Current Assets	495.66	486.35	446.52	524.01	596.1	808.92
Property, Plant & Equipment	311.44	307.85	307.03	275.74	273.82	26.34
Long-Term Investments	17.51	17.51	10.21	3.88	-	-
Other Intangible Assets	7.34	7.9	7.9	5.85	3.52	4.42
Long-Term Deferred Tax Assets	18.9	18.92	15.31	14.68	2.7	0.72
Long-Term Deferred Charges	0.76	0.97	1.31	0.35	0.79	0.26
Other Long-Term Assets	22.54	21.58	20.18	-	-	-
Total Assets	874.14	861.09	808.46	824.51	876.93	840.66
Accounts Payable	38.3	39.97	-	-	-	-
Accrued Expenses	6.51	20.67	42.82	23.93	37.96	27.74
Current Portion of Long-Term Debt	2.17	3.27	-	-	-	-
Current Portion of Leases	-	-	2.86	2.75	-	0.91
Current Income Taxes Payable	4.03	4.77	-	-	0.01	-
Current Unearned Revenue	21.33	18.66	13.94	7.4	5.74	5.29
Other Current Liabilities	14.92	15.53	3.42	1.45	3.04	0.82
Total Current Liabilities	97.14	102.85	63.04	35.53	46.76	34.75
Long-Term Leases	0.92	0.91	2.16	5.03	-	-
Long-Term Unearned Revenue	23.48	14.47	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	1.66	0.65	-
Total Liabilities	121.54	118.23	65.2	42.21	47.4	34.75
Common Stock	60.33	60.33	60.33	60.33	42.8	42.8
Additional Paid-In Capital	504.49	503.29	507.87	508.34	516.76	511.87
Retained Earnings	226.61	218.2	225.04	213.7	269.94	251.19
Treasury Stock	-39.3	-39.3	-50	-	-	-
Comprehensive Income & Other	-1.32	-0.81	0.06	-0.07	0.02	0.06
Total Common Equity	750.8	741.7	743.28	782.29	829.52	805.91
Minority Interest	1.8	1.15	-0.02	-	-	-
Shareholders' Equity	752.6	742.85	743.27	782.29	829.52	805.91
Total Liabilities & Equity	874.14	861.09	808.46	824.51	876.93	840.66
Total Debt	12.97	4.18	5.03	7.77	-	0.91
Net Cash (Debt)	226.58	262.26	322.58	394.18	474.15	694.8
Net Cash Growth	-28.79%	-18.70%	-18.16%	-16.87%	-31.76%	87.10%
Net Cash Per Share	3.51	4.46	5.41	6.49	7.89	13.97
Filing Date Shares Outstanding	60.02	56.18	59.86	60.33	59.92	59.92
Total Common Shares Outstanding	60.02	56.18	59.86	60.33	59.92	59.92
Working Capital	398.52	383.5	383.48	488.48	549.34	774.17
Book Value Per Share	12.51	13.20	12.42	12.97	13.84	13.45
Tangible Book Value	743.47	733.8	735.38	776.44	826	801.49
Tangible Book Value Per Share	12.39	13.06	12.29	12.87	13.79	13.38
Buildings	-	-	265.18	265.18	265.18	21.02
Machinery	-	-	27.97	26.96	20.9	13.13
Construction In Progress	-	-	46.11	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.