SHA:688816 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	1,287	60.04	81.68	213.42	180.62
Short-Term Investments	-	-	20.71	-	-
Trading Asset Securities	139.33	120.36	154.64	10.52	13.42
Cash & Short-Term Investments	1,427	180.4	257.03	223.94	194.03
Cash Growth	537.08%	-29.82%	14.78%	15.41%	-
Accounts Receivable	325.07	333.48	261.6	199.89	148.69
Other Receivables	4.1	2.01	1.56	0.95	1.01
Receivables	329.17	335.49	263.22	201.36	150.16
Inventory	155.08	126.32	150.18	165.38	144.61
Other Current Assets	17.01	11.32	6.32	2.88	5.73
Total Current Assets	1,928	653.53	676.74	593.56	494.53
Property, Plant & Equipment	36.16	36.6	12.56	17.77	22.85
Long-Term Investments	-	141.33	0.3	20.3	-
Goodwill	-	-	-	-	0.85
Other Intangible Assets	3.89	4.14	5.25	6.64	8.06
Long-Term Accounts Receivable	-	1.41	2.31	1.94	2.37
Long-Term Deferred Tax Assets	-	-	0.32	1.22	2.35
Long-Term Deferred Charges	4.57	5.01	6.03	9.05	15.2
Other Long-Term Assets	129.52	-	0.3	0.09	0.63
Total Assets	2,102	842.01	703.8	650.57	546.83
Accounts Payable	34.4	54.49	43.54	44.26	54.09
Accrued Expenses	19.41	42.51	37.51	37.58	28.29
Short-Term Debt	6.01	8.82	5.42	10.06	9.98
Current Portion of Leases	-	7.37	0.34	-	-
Current Unearned Revenue	161.18	123.6	124.01	151.43	126.54
Other Current Liabilities	38.71	27.89	16.19	20.42	17.71
Total Current Liabilities	267.71	264.68	227.02	263.75	236.61
Long-Term Leases	14.74	14.18	-	-	6.73
Long-Term Unearned Revenue	7.71	4.53	1.64	4.67	6.1
Long-Term Deferred Tax Liabilities	1.42	1.42	1.96	3.07	4.47
Total Liabilities	291.58	284.81	230.63	271.49	253.9
Common Stock	100	75	75	75	5.63
Additional Paid-In Capital	1,589	328.49	319.03	310.4	290.98
Retained Earnings	131.47	161.65	83.19	-2.51	-2.2
Comprehensive Income & Other	-1.4	-0.14	0.48	1.09	0.24
Total Common Equity	1,819	565	477.71	383.98	294.65
Minority Interest	-8.87	-7.81	-4.53	-4.9	-1.73
Shareholders' Equity	1,810	557.19	473.18	379.08	292.92
Total Liabilities & Equity	2,102	842.01	703.8	650.57	546.83
Total Debt	27.71	30.36	5.76	10.06	16.72
Net Cash (Debt)	1,399	150.03	251.27	213.88	177.32
Net Cash Growth	554.09%	-40.29%	17.48%	20.62%	-
Net Cash Per Share	18.17	2.00	3.34	2.84	-
Filing Date Shares Outstanding	83.83	100	75	75.36	-
Total Common Shares Outstanding	83.83	75	75	75.36	-
Working Capital	1,660	388.85	449.72	329.81	257.93
Book Value Per Share	21.70	7.53	6.37	5.10	-
Tangible Book Value	1,815	560.87	472.46	377.34	285.75
Tangible Book Value Per Share	21.66	7.48	6.30	5.01	-
Machinery	-	35.77	33.53	31.57	29.2
Construction In Progress	-	3.33	0.95	-	0.03