SHA:900929 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	154.92	90.83	131.69	134.79	193.15
Short-Term Investments	3.32	3.88	3.41	-	-
Cash & Short-Term Investments	158.25	94.71	135.1	134.79	193.15
Cash Growth	67.09%	-29.90%	0.23%	-30.21%	-2.39%
Accounts Receivable	153.84	150.61	128.76	64.71	52.39
Other Receivables	1.02	1.31	2.94	0.82	0.85
Receivables	154.87	151.92	131.69	65.53	53.24
Inventory	-	0.14	0.17	0.25	0.34
Prepaid Expenses	-	-	-	-	0.67
Other Current Assets	82.67	87.33	71.61	17.32	27.22
Total Current Assets	395.78	334.1	338.58	217.89	274.62
Property, Plant & Equipment	18.76	11.85	13.06	10.18	8.5
Long-Term Investments	906.9	940.46	709.38	592.57	581.63
Goodwill	0.63	0.63	0.63	0.63	0.63
Other Intangible Assets	8.43	8.38	8.27	3.65	5.31
Long-Term Deferred Tax Assets	8.03	10.15	8.01	6.28	6.87
Long-Term Deferred Charges	2.21	0.31	0.77	1.41	1.77
Other Long-Term Assets	131.88	150.98	143.85	149.12	152.58
Total Assets	1,473	1,457	1,223	981.73	1,032
Accounts Payable	107.75	103.61	81.06	49.72	45.29
Accrued Expenses	34.71	35.27	34.74	51.44	36.86
Short-Term Debt	10	-	-	-	-
Current Portion of Leases	3.93	5.57	5.21	0.09	0.17
Current Income Taxes Payable	0.02	-	0.03	0.03	0
Current Unearned Revenue	111.79	122.09	143.81	83.1	80.85
Other Current Liabilities	31.92	31.55	36.32	32.68	38.88
Total Current Liabilities	300.12	298.09	301.17	217.06	202.05
Long-Term Debt	29.7	-	-	-	-
Long-Term Leases	0.17	0.27	-	-	0.09
Pension & Post-Retirement Benefits	24.25	32.4	90.14	72.71	77.18
Long-Term Deferred Tax Liabilities	78.97	86.68	29.51	-	-
Total Liabilities	433.22	417.44	420.82	289.77	279.31
Common Stock	132.56	132.56	132.56	132.56	132.56
Additional Paid-In Capital	194.49	194.49	194.49	199.95	199.95
Retained Earnings	475.46	451.5	391.89	369.54	446.86
Comprehensive Income & Other	240.32	263.66	86.25	-5.79	-23.44
Total Common Equity	1,043	1,042	805.18	696.26	755.92
Minority Interest	-3.42	-2.79	-3.45	-4.3	-3.32
Shareholders' Equity	1,039	1,039	801.73	691.96	752.6
Total Liabilities & Equity	1,473	1,457	1,223	981.73	1,032
Total Debt	43.8	5.84	5.21	0.09	0.26
Net Cash (Debt)	114.44	88.87	129.89	134.7	192.89
Net Cash Growth	28.78%	-31.58%	-3.57%	-30.17%	-2.52%
Net Cash Per Share	0.86	0.67	0.98	1.02	1.45
Filing Date Shares Outstanding	132.56	132.56	132.56	132.56	132.56
Total Common Shares Outstanding	132.56	132.56	132.56	132.56	132.56
Working Capital	95.66	36.01	37.41	0.83	72.57
Book Value Per Share	7.87	7.86	6.07	5.25	5.70
Tangible Book Value	1,034	1,033	796.28	691.98	749.98
Tangible Book Value Per Share	7.80	7.79	6.01	5.22	5.66
Buildings	30	11.57	11.57	11.57	11.57
Machinery	6.77	7.27	6.63	17.14	17.03
Construction In Progress	-	-	0.64	3.05	0.6

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