SHA:900939 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	98.92	96.39	123.1	125.03	98.39	66.62
Trading Asset Securities	80.14	80.31	10.01	20.02	7.05	35.27
Cash & Short-Term Investments	179.06	176.7	133.11	145.05	105.43	101.89
Cash Growth	32.28%	32.75%	-8.23%	37.58%	3.48%	19.78%
Accounts Receivable	6.76	7.37	7.17	3.06	5.86	-
Other Receivables	0.02	0.35	0.16	0.21	0.19	0.18
Receivables	6.78	7.73	7.32	3.27	6.04	0.18
Other Current Assets	1.5	1.16	0.05	0.01	-	0.04
Total Current Assets	187.33	185.59	140.48	148.33	111.48	102.11
Property, Plant & Equipment	1.75	1.29	0.4	0.52	0.6	0.76
Long-Term Investments	-	-	14.44	16.31	19.17	20.69
Other Intangible Assets	-	-	-	5.51	6.16	6.81
Other Long-Term Assets	11.64	11.91	13.01	8.68	9.23	7.33
Total Assets	200.72	198.79	168.33	179.36	146.63	137.7
Accounts Payable	3.4	3.4	3.4	3.4	3.4	3.41
Accrued Expenses	0.13	6.48	6.54	6.12	6.19	6.25
Current Portion of Leases	-	-	0.1	0.1	0.08	0.08
Current Income Taxes Payable	6.99	0.8	1	3.73	3.1	1.41
Current Unearned Revenue	2.79	2.89	2.79	2.79	2.79	2.79
Other Current Liabilities	9.44	9.16	8.81	9.03	8.96	9.9
Total Current Liabilities	22.74	22.72	22.63	25.17	24.52	23.83
Long-Term Leases	0.37	-	-	0.1	0.14	0.2
Long-Term Deferred Tax Liabilities	1.03	1.03	1.03	1.03	1.03	1.03
Other Long-Term Liabilities	-	-	-	-	0.01	0.01
Total Liabilities	24.13	23.75	23.66	26.3	25.69	25.07
Common Stock	181.5	181.5	181.5	181.5	181.5	181.5
Additional Paid-In Capital	60.2	60.2	68.38	68.38	68.38	68.38
Retained Earnings	-41.96	-43.51	-91.17	-99	-120.32	-127.93
Treasury Stock	-19.52	-19.52	-16.5	-	-	-
Comprehensive Income & Other	-3.63	-3.61	-3.59	-3.61	-12.02	-12.7
Total Common Equity	176.59	175.05	138.61	147.26	117.53	109.25
Minority Interest	-	-	6.06	5.79	3.4	3.38
Shareholders' Equity	176.59	175.05	144.67	153.06	120.94	112.63
Total Liabilities & Equity	200.72	198.79	168.33	179.36	146.63	137.7
Total Debt	0.37	-	0.1	0.2	0.21	0.28
Net Cash (Debt)	178.69	176.7	133.01	144.85	105.22	101.61
Net Cash Growth	32.09%	32.85%	-8.18%	37.66%	3.55%	19.45%
Net Cash Per Share	1.06	1.04	0.76	0.80	0.58	0.56
Filing Date Shares Outstanding	181.5	169.11	181.5	181.5	181.5	181.5
Total Common Shares Outstanding	181.5	169.11	181.5	181.5	181.5	181.5
Working Capital	164.6	162.87	117.85	123.16	86.96	78.28
Book Value Per Share	0.97	1.04	0.76	0.81	0.65	0.60
Tangible Book Value	176.59	175.05	138.61	141.75	111.38	102.44
Tangible Book Value Per Share	0.97	1.04	0.76	0.78	0.61	0.56
Buildings	-	1.69	1.69	1.69	1.69	1.69
Machinery	-	7.11	7.51	7.5	7.5	7.48
Construction In Progress	-	1.01	-	-	-	-