SHA:688805 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
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
Cash & Equivalents	225.76	746.52	62.99	129.54	73.69
Cash & Short-Term Investments	735.76	746.52	62.99	129.54	73.69
Cash Growth	467.99%	1085.18%	-51.38%	75.78%	-
Accounts Receivable	130.3	142.33	108.92	93.17	94.19
Other Receivables	0.75	0.8	1.58	2.03	3.37
Receivables	131.05	143.13	110.5	95.19	97.55
Inventory	342.59	338.71	318.51	235.72	182
Other Current Assets	28.27	14.31	17.17	21.26	40.67
Total Current Assets	1,238	1,243	509.17	481.72	393.92
Property, Plant & Equipment	130.14	122.94	115.36	117.11	90.01
Long-Term Investments	3.47	3.55	3.79	3.88	3.79
Other Intangible Assets	30.12	30.1	30.36	31.47	32.58
Long-Term Deferred Tax Assets	3.92	4.03	7.4	7.84	6.83
Long-Term Deferred Charges	0.08	0.08	-	-	-
Other Long-Term Assets	6.72	3.87	5.2	1.47	-
Total Assets	1,412	1,407	671.28	643.48	527.12
Accounts Payable	110.85	111.62	123.52	132.92	80.89
Accrued Expenses	14.3	24.56	19.31	18.77	15.64
Short-Term Debt	-	-	10	-	16.46
Current Portion of Leases	-	0.46	0.39	-	-
Current Income Taxes Payable	4.15	1.93	4.76	4.33	5.42
Current Unearned Revenue	15.79	7.6	13.22	18.46	11.9
Other Current Liabilities	10.29	28.05	11.51	21.51	28.57
Total Current Liabilities	155.82	174.21	182.71	195.98	158.87
Long-Term Leases	3.35	3.58	4	4.26	4.4
Long-Term Unearned Revenue	6.77	7	11.19	7.77	6.7
Long-Term Deferred Tax Liabilities	-	-	-	-	0
Total Liabilities	165.93	184.78	197.89	208.01	169.97
Common Stock	167.68	167.68	125.76	125.76	121.86
Additional Paid-In Capital	916.53	915.84	264.23	262.42	216.97
Retained Earnings	161	137.84	82.76	46.97	18.24
Comprehensive Income & Other	0.97	1.1	0.64	0.31	0.07
Shareholders' Equity	1,246	1,222	473.39	435.47	357.14
Total Liabilities & Equity	1,412	1,407	671.28	643.48	527.12
Total Debt	3.8	4.04	14.39	4.26	20.86
Net Cash (Debt)	731.96	742.48	48.6	125.27	52.83
Net Cash Growth	484.29%	1427.88%	-61.21%	137.12%	-
Net Cash Per Share	5.44	5.93	0.38	-	-
Filing Date Shares Outstanding	165.44	167.68	125.76	-	-
Total Common Shares Outstanding	165.44	167.68	125.76	-	-
Working Capital	1,082	1,068	326.46	285.74	235.05
Book Value Per Share	7.53	7.29	3.76	-	-
Tangible Book Value	1,216	1,192	443.03	404	324.56
Tangible Book Value Per Share	7.35	7.11	3.52	-	-
Buildings	-	106.74	105.35	-	-
Machinery	-	120.76	104.15	-	-
Construction In Progress	-	5.42	1.06	-	-