SHA:688020 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	Sep '25 Sep 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	184.37	68.45	309.28	468.08	408.28	416.97
Short-Term Investments	-	349.02	286.24	194.1	171.17	-
Trading Asset Securities	143.6	120.24	161.36	117.7	215	742
Cash & Short-Term Investments	327.97	537.71	756.88	779.88	794.46	1,159
Cash Growth	30.35%	-28.96%	-2.95%	-1.84%	-31.45%	-6.43%
Accounts Receivable	212.27	198.91	170.33	167.61	177.31	148.82
Other Receivables	0.89	0.23	0.17	0.94	0.95	0.6
Receivables	213.16	199.14	170.5	168.55	178.26	149.43
Inventory	66.02	85.37	61.69	49.42	51	25.56
Other Current Assets	308.44	7.84	23.4	22.83	63.42	23.87
Total Current Assets	915.59	830.05	1,012	1,021	1,087	1,358
Property, Plant & Equipment	724.63	780.68	849.38	882.38	773.36	346.05
Long-Term Investments	91.51	112.84	20	-	-	-
Other Intangible Assets	31.45	31.79	32.92	33.93	35.05	35.02
Long-Term Deferred Tax Assets	28.36	29.01	22.78	14.54	10.6	8.86
Long-Term Deferred Charges	0.55	0.17	0.39	0.06	2.37	6.14
Other Long-Term Assets	18.76	15.56	7.4	16.57	16.34	28.47
Total Assets	1,811	1,800	1,945	1,968	1,925	1,782
Accounts Payable	45.72	68.57	127.64	167.23	144.56	17.42
Accrued Expenses	14.24	15.67	11.25	15.63	15.43	10.7
Short-Term Debt	249.35	210.15	192.45	132.31	81.83	46.76
Current Portion of Leases	2.22	3.2	4.12	1.54	5.84	-
Current Income Taxes Payable	3.72	0.35	2.86	0.62	1.46	6.87
Current Unearned Revenue	0.05	9.55	9.51	10.2	0.28	0.01
Other Current Liabilities	10.11	9.1	9.12	4.75	6.7	37.68
Total Current Liabilities	325.41	316.58	356.96	332.28	256.1	119.44
Long-Term Leases	0.69	2.12	4.65	-	1.54	-
Long-Term Unearned Revenue	80.86	84.53	79.42	75.44	33.92	33.92
Long-Term Deferred Tax Liabilities	0.66	0.99	1.59	0.22	-	-
Total Liabilities	407.62	404.22	442.61	407.94	291.56	153.36
Common Stock	82.37	80.74	80.63	80.21	80	80
Additional Paid-In Capital	1,164	1,115	1,109	1,095	1,089	1,071
Retained Earnings	151.47	193.15	299.8	368.47	451.48	458.73
Treasury Stock	-15.01	-15.01	-4.01	-	-	-
Total Common Equity	1,383	1,374	1,485	1,544	1,620	1,610
Minority Interest	20.28	21.7	17.8	16.07	12.87	19.28
Shareholders' Equity	1,403	1,396	1,503	1,560	1,633	1,629
Total Liabilities & Equity	1,811	1,800	1,945	1,968	1,925	1,782
Total Debt	252.25	215.47	201.21	133.85	89.21	46.76
Net Cash (Debt)	75.72	322.23	555.67	646.04	705.25	1,112
Net Cash Growth	540.88%	-42.01%	-13.99%	-8.39%	-36.59%	-10.17%
Net Cash Per Share	0.92	4.01	6.96	8.07	8.74	13.90
Filing Date Shares Outstanding	81.94	80.32	80.21	80.21	80	80
Total Common Shares Outstanding	81.94	80.31	80.21	80.21	80	80
Working Capital	590.18	513.48	655.52	688.4	831.04	1,238
Book Value Per Share	16.88	17.11	18.51	19.25	20.26	20.12
Tangible Book Value	1,351	1,342	1,452	1,510	1,585	1,575
Tangible Book Value Per Share	16.49	16.72	18.10	18.83	19.82	19.68
Buildings	-	426.89	428.22	429.45	127.09	-
Machinery	-	545.91	532.63	505.73	339.82	96.9
Construction In Progress	-	3.21	4.85	0.77	298.96	275.76

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