My net assets to shareholders stand at about 3,483 million yuan, up 7.96%, against total assets of about 4,318 million yuan — equity ratio near 81%, net cash, no long-term debt, clean unqualified audit. Weighted ROE 7.14%, depressed not by unprofitability but over-capitalization — about 3.48 billion equity and 4.32 billion assets against only about 1.72 billion revenue, with much of the 2021 IPO's roughly 2.0 billion yuan in low-return wealth-management. The flip side: a self-funded war chest to bankroll the robotics build-out without raising external capital, an option cheap to hold.