FRA:818 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	465.1	418.11	1,087	1,205	1,418	59.56
Short-Term Investments	1,110	804.24	355.55	545.14	1,500	100
Trading Asset Securities	40	60.54	68.74	110.23	10.52	157.7
Cash & Short-Term Investments	1,615	1,283	1,511	1,861	2,929	317.26
Cash Growth	38.03%	-15.09%	-18.80%	-36.47%	823.19%	212.53%
Accounts Receivable	2.38	1.54	1.18	1.01	0.45	0.13
Other Receivables	25.9	14.54	12.76	11.42	5.07	6.7
Receivables	28.28	16.08	13.94	12.43	5.52	6.82
Inventory	211.7	223.74	183.68	163.05	80.91	39.69
Restricted Cash	-	-	-	0.65	-	-
Other Current Assets	8.15	6.33	8.7	25.8	8.91	6.38
Total Current Assets	1,863	1,529	1,717	2,063	3,024	370.14
Property, Plant & Equipment	670.09	665.5	578.36	338.38	212.39	122.17
Long-Term Investments	916.04	1,227	1,066	832.44	-	-
Other Intangible Assets	30.33	28.01	9.69	9.64	4.89	7.56
Other Long-Term Assets	17.07	3.31	4.28	10.65	6.8	4.1
Total Assets	3,497	3,453	3,376	3,254	3,248	503.97
Accounts Payable	56.9	69.37	42.44	18.26	21.58	5.44
Accrued Expenses	80.38	72.06	70.74	70.16	39.86	19.26
Current Portion of Long-Term Debt	79	87	50	-	-	3.75
Current Portion of Leases	2.02	2.4	4.02	6.54	2.9	2.83
Current Unearned Revenue	28.28	16.86	19.92	9.6	3.42	0.13
Other Current Liabilities	76.46	86.47	130.66	47.53	29.35	20.22
Total Current Liabilities	323.03	334.17	317.78	152.08	97.1	51.63
Long-Term Debt	-	-	-	-	-	26.25
Long-Term Leases	2.1	1.5	1.86	7.46	6.51	1.4
Long-Term Unearned Revenue	16.84	15.89	8.67	-	-	-
Total Liabilities	341.97	351.56	328.32	159.54	103.61	79.28
Common Stock	330.18	330.18	332.4	332.4	332.4	225.06
Additional Paid-In Capital	2,148	2,091	2,270	2,270	2,270	-
Retained Earnings	176.2	87.2	-481.91	-403.17	-289.62	-361.52
Treasury Stock	-107.16	-100.7	-87.59	-33.79	-9.15	-
Comprehensive Income & Other	607.65	693.79	1,014	928.69	841.01	561.15
Shareholders' Equity	3,155	3,101	3,047	3,094	3,145	424.69
Total Liabilities & Equity	3,497	3,453	3,376	3,254	3,248	503.97
Total Debt	83.12	90.91	55.88	14	9.41	34.22
Net Cash (Debt)	1,532	1,192	1,455	1,847	2,919	283.04
Net Cash Growth	40.70%	-18.08%	-21.21%	-36.75%	931.49%	262.10%
Net Cash Per Share	4.69	3.63	4.43	5.59	9.91	1.45
Filing Date Shares Outstanding	326.43	319.8	324.05	329.69	331.92	225.06
Total Common Shares Outstanding	326.43	319.8	324.05	329.69	331.92	225.06
Working Capital	1,540	1,195	1,399	1,911	2,927	318.51
Book Value Per Share	9.66	9.70	9.40	9.39	9.47	1.89
Tangible Book Value	3,124	3,073	3,038	3,085	3,140	417.14
Tangible Book Value Per Share	9.57	9.61	9.37	9.36	9.46	1.85
Buildings	415.44	160.21	160.12	156.14	139.25	-
Machinery	106.15	532.1	412.37	75.65	43.25	23.25
Construction In Progress	192.81	-	-	77.99	5.85	91.4
Leasehold Improvements	32.72	32.65	32.24	21.7	13.97	13.41

Source: S&P Global Market Intelligence. Standard template. Financial Sources.