SHA:688692 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	-	2,980	1,113	858.64	773.86
Cash & Short-Term Investments	2,821	2,980	1,113	858.64	773.86
Cash Growth	-5.36%	167.72%	29.65%	10.96%	-
Accounts Receivable	-	430.99	377.95	363.47	331.66
Other Receivables	-	39.4	25.48	22.2	28.13
Receivables	-	470.39	403.43	385.67	359.79
Inventory	-	2.53	73.11	72.42	46.57
Prepaid Expenses	-	-	12.27	11.14	-
Other Current Assets	-	11.23	9	8.5	12.6
Total Current Assets	-	3,465	1,611	1,336	1,193
Property, Plant & Equipment	-	262.63	155.76	84.21	69
Other Intangible Assets	-	16.64	17.52	14.39	14.01
Long-Term Accounts Receivable	-	4.17	4.26	2.57	2.5
Long-Term Deferred Tax Assets	-	36.7	31.34	26.04	18.92
Long-Term Deferred Charges	-	1.86	3.28	3.81	4.58
Other Long-Term Assets	-	0.69	1.76	2.7	2.29
Total Assets	-	3,787	1,825	1,470	1,304
Accounts Payable	-	52.75	61.32	53.25	37.17
Accrued Expenses	-	206.38	161.79	120.87	127.26
Current Portion of Leases	-	12.46	13.76	10.94	10.75
Current Income Taxes Payable	-	21.09	14.63	12.63	24.68
Current Unearned Revenue	-	98.36	80.94	87.16	115.52
Other Current Liabilities	-	45.02	3.81	2.73	3.67
Total Current Liabilities	-	436.05	336.25	287.58	319.05
Long-Term Leases	-	6.29	15.1	17.59	26.04
Long-Term Unearned Revenue	-	72.99	52.41	40.55	35.17
Other Long-Term Liabilities	-	9.18	11.64	7.73	4.12
Total Liabilities	-	524.51	415.41	353.44	384.38
Common Stock	-	76	57	57	57
Additional Paid-In Capital	-	1,860	292.9	292.9	292.9
Retained Earnings	-	1,302	1,061	765.28	564.69
Total Common Equity	3,499	3,238	1,411	1,115	914.59
Minority Interest	-	25.18	-1.7	1.46	5.16
Shareholders' Equity	3,521	3,263	1,410	1,117	919.75
Total Liabilities & Equity	-	3,787	1,825	1,470	1,304
Total Debt	41.02	18.75	28.86	28.53	36.79
Net Cash (Debt)	2,780	2,962	1,084	830.12	737.07
Net Cash Growth	-6.14%	173.12%	30.63%	12.62%	-
Net Cash Per Share	24.52	29.88	12.76	9.78	8.68
Filing Date Shares Outstanding	113.24	113.24	84.93	84.92	84.94
Total Common Shares Outstanding	113.24	113.24	84.93	84.92	84.94
Working Capital	-	3,029	1,275	1,049	873.78
Book Value Per Share	30.90	28.59	16.62	13.13	10.77
Tangible Book Value	3,481	3,221	1,394	1,101	900.58
Tangible Book Value Per Share	30.74	28.44	16.41	12.96	10.60
Buildings	-	7.34	7.34	7.34	7.34
Machinery	-	97	83.51	77.79	56.14
Construction In Progress	-	215.59	100.81	20.43	-

Source: S&P Capital IQ. Standard template. Financial Sources.