SHA:688026 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	438.23	284.21	539.13	598.88	263.47	330.44
Short-Term Investments	-	-	-	-	-	26.1
Trading Asset Securities	50	175	-	-	-	-
Cash & Short-Term Investments	488.23	459.21	539.13	598.88	263.47	356.54
Cash Growth	4.53%	-14.82%	-9.98%	127.31%	-26.11%	242.87%
Accounts Receivable	122.51	188.47	127.54	104.95	141.09	83.24
Other Receivables	15.65	2.75	4.74	5.95	2.8	9.08
Receivables	138.16	191.22	132.28	110.9	143.89	92.31
Inventory	140.92	129.82	84.48	124.81	123.12	90.41
Other Current Assets	24.5	17.21	15.05	14.02	39.49	54.09
Total Current Assets	791.8	797.45	770.95	848.62	569.96	593.36
Property, Plant & Equipment	566.09	532.93	505.98	574.25	537.02	331.2
Long-Term Investments	66.25	67.44	62.03	62.38	30.74	-
Other Intangible Assets	53.36	52.38	53.64	59.34	12.12	12.54
Long-Term Deferred Tax Assets	7.38	6.92	5.59	7.68	10.77	5.76
Other Long-Term Assets	263.34	244.9	227.86	53.08	19.84	26.85
Total Assets	1,748	1,702	1,626	1,605	1,180	969.71
Accounts Payable	44.47	36.4	24.71	36.74	42.88	24.65
Accrued Expenses	14.06	27.53	19.19	23.41	33.21	35.44
Current Portion of Long-Term Debt	2.34	2.25	1.13	0.68	0.1	-
Current Portion of Leases	-	0.78	1.72	5.83	8.41	-
Current Income Taxes Payable	7.25	16.42	2.82	0	9.98	8.71
Current Unearned Revenue	21.59	19.44	32.79	25.75	34.19	46.5
Other Current Liabilities	10.98	16.5	21.05	28.44	15.55	20.53
Total Current Liabilities	100.68	119.33	103.4	120.85	144.32	135.83
Long-Term Debt	376.82	359.88	336.85	314.04	19.85	-
Long-Term Leases	0.05	0.39	0.51	1.37	10.39	-
Long-Term Unearned Revenue	25.08	25.34	26.66	27.15	32.11	27.21
Long-Term Deferred Tax Liabilities	0.04	0.04	0.04	1.8	1.96	9.77
Other Long-Term Liabilities	-	-	1.01	-	-	-
Total Liabilities	502.66	504.98	468.46	465.21	208.64	172.82
Common Stock	140.36	140.36	140.36	140.36	100	100
Additional Paid-In Capital	413.56	413.56	413.56	421.16	451.78	436.01
Retained Earnings	581.96	534.72	472.54	447.75	420.04	260.88
Treasury Stock	-30	-30	-	-	-	-
Comprehensive Income & Other	131.23	131.14	130.5	130.13	-	-
Total Common Equity	1,237	1,190	1,157	1,139	971.82	796.89
Minority Interest	8.44	7.26	0.62	0.73	-	-
Shareholders' Equity	1,246	1,197	1,158	1,140	971.82	796.89
Total Liabilities & Equity	1,748	1,702	1,626	1,605	1,180	969.71
Total Debt	379.21	363.3	340.2	321.92	38.75	-
Net Cash (Debt)	109.02	95.91	198.93	276.96	224.72	356.54
Net Cash Growth	-1.95%	-51.79%	-28.17%	23.25%	-36.97%	242.87%
Net Cash Per Share	0.73	0.69	1.43	1.99	1.60	2.60
Filing Date Shares Outstanding	137.63	137.63	140.36	140.36	140	140
Total Common Shares Outstanding	137.63	137.63	140.36	140.36	140	140
Working Capital	691.11	678.12	667.54	727.77	425.64	457.53
Book Value Per Share	8.99	8.64	8.24	8.12	6.94	5.69
Tangible Book Value	1,184	1,137	1,103	1,080	959.7	784.35
Tangible Book Value Per Share	8.60	8.26	7.86	7.69	6.85	5.60
Buildings	-	363.79	205.84	246.4	64.38	64.38
Machinery	-	392.34	378.72	360.48	352.13	241.81
Construction In Progress	-	22.71	117.84	129.03	226	105.38

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