SHA:688025 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	562.75	325.34	410.78	300.88	341.05	716.53
Trading Asset Securities	58.8	5	30.16	-	181.02	265.77
Cash & Short-Term Investments	621.55	330.34	440.94	300.88	522.07	982.3
Cash Growth	112.50%	-25.08%	46.55%	-42.37%	-46.85%	-12.90%
Accounts Receivable	814.59	737.38	543.07	542.9	407.05	293.73
Other Receivables	14.62	13.39	13.25	13.84	13.91	12.12
Receivables	829.21	750.77	556.32	556.74	420.96	305.84
Inventory	669.42	696.21	658.71	697	583.86	471.8
Other Current Assets	95.5	104.09	89.56	113.33	110.01	33.53
Total Current Assets	2,216	1,881	1,746	1,668	1,637	1,793
Property, Plant & Equipment	492.81	457.7	438.5	426.1	387.01	283.2
Long-Term Investments	145.03	118.72	101.29	149.25	74.66	25.81
Goodwill	6.64	6.64	13.49	25.46	27.12	-
Other Intangible Assets	85.69	92.89	91.24	96.06	90.77	15.93
Long-Term Deferred Tax Assets	40.38	39.64	26.6	28.04	25.84	18.94
Long-Term Deferred Charges	41.88	49.03	54.85	47.97	52.36	16.52
Other Long-Term Assets	90.97	109.78	76.41	3.92	7.47	9.76
Total Assets	3,119	2,756	2,548	2,445	2,302	2,164
Accounts Payable	591.12	427.77	272.72	325.82	286.05	362.55
Accrued Expenses	24.52	48.82	97.98	41.07	62.63	35.85
Short-Term Debt	3.67	30.02	30.03	30.03	60.05	50.06
Current Portion of Long-Term Debt	21.28	-	-	2.55	-	-
Current Portion of Leases	-	19.54	14.53	18.09	14.91	-
Current Income Taxes Payable	16.85	7.31	5.1	2.22	5.25	1.16
Current Unearned Revenue	118.93	82.05	90.85	66.76	50.77	41.28
Other Current Liabilities	54.59	58.03	37.58	27.06	29.78	44.31
Total Current Liabilities	830.96	673.54	548.81	513.6	509.45	535.22
Long-Term Debt	50.23	13.26	5.08	50.38	3.98	-
Long-Term Leases	5.47	16.49	20.82	34.07	45.91	-
Long-Term Unearned Revenue	11.82	13.99	14.57	14.03	14.69	13.02
Long-Term Deferred Tax Liabilities	0.25	0.32	0.52	0.65	0.76	-
Total Liabilities	910.18	717.61	589.81	612.74	574.8	548.23
Common Stock	95.05	95.05	94.99	93.82	92.87	92.37
Additional Paid-In Capital	1,402	1,400	1,401	1,361	1,309	1,276
Retained Earnings	722.52	558.55	459.03	375.07	325.89	247.93
Treasury Stock	-16.02	-22.58	-12.68	-	-	-
Comprehensive Income & Other	2.53	3.23	2.73	2.26	-1.28	-0.87
Total Common Equity	2,206	2,035	1,945	1,832	1,727	1,615
Minority Interest	3.3	3.48	12.66	-0.16	0.42	0.38
Shareholders' Equity	2,209	2,038	1,958	1,832	1,727	1,615
Total Liabilities & Equity	3,119	2,756	2,548	2,445	2,302	2,164
Total Debt	80.66	79.32	70.47	135.12	124.86	50.06
Net Cash (Debt)	540.9	251.02	370.47	165.76	397.2	932.24
Net Cash Growth	152.51%	-32.24%	123.50%	-58.27%	-57.39%	-13.50%
Net Cash Per Share	5.69	2.65	3.93	1.77	4.31	10.10
Filing Date Shares Outstanding	95.27	94.6	94.77	93.82	92.87	92.37
Total Common Shares Outstanding	95.27	94.6	94.83	93.82	92.87	92.37
Working Capital	1,385	1,208	1,197	1,154	1,127	1,258
Book Value Per Share	23.15	21.51	20.51	19.53	18.60	17.48
Tangible Book Value	2,113	1,935	1,841	1,711	1,609	1,599
Tangible Book Value Per Share	22.18	20.46	19.41	18.23	17.33	17.31
Buildings	-	245.94	241.52	166.25	166.25	-
Machinery	-	245.89	237.42	222.82	181.47	116.36
Construction In Progress	-	74.47	42.22	75.59	41.1	197.46

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