SHA:688028 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	191.17	264.73	236.88	454.44	306.47	420.87
Cash & Short-Term Investments	191.17	264.73	236.88	454.44	306.47	420.87
Cash Growth	-12.77%	11.76%	-47.87%	48.28%	-27.18%	-18.57%
Accounts Receivable	260.38	224.87	243.55	195.67	100.66	92.28
Other Receivables	2.1	2.42	0.28	1.88	0.33	0.26
Receivables	262.49	227.29	243.84	197.55	100.99	92.54
Inventory	305.26	299.16	272.26	191.27	98.71	62.38
Other Current Assets	32.03	24.92	36.95	28.39	9.48	6.81
Total Current Assets	790.95	816.11	789.93	871.65	515.65	582.61
Property, Plant & Equipment	935.5	929.63	790.2	675.17	312.03	261.03
Long-Term Investments	33.44	33.88	30.8	14.77	9.86	-
Goodwill	391.43	391.99	392.57	393.5	-	-
Other Intangible Assets	71.21	73.54	74.68	77.1	46.43	32.13
Long-Term Deferred Tax Assets	12.49	10.19	6.15	2.98	1.54	1.27
Long-Term Deferred Charges	7.7	6.12	5.91	1.93	0.44	-
Other Long-Term Assets	8.68	6.08	42.68	24.91	45.47	21.08
Total Assets	2,251	2,268	2,133	2,062	931.42	898.12
Accounts Payable	67.64	53.06	60.38	41.68	18.93	17.57
Accrued Expenses	27.94	41.52	36.6	33.6	24.88	16.16
Short-Term Debt	40.01	40.47	12.91	21.44	-	-
Current Portion of Long-Term Debt	50.4	70.95	5.01	-	-	-
Current Portion of Leases	-	0.52	0.35	4.98	1.03	-
Current Income Taxes Payable	11.51	7.54	7.58	6.23	1.2	1.36
Current Unearned Revenue	4.35	3.24	3.44	2.89	1.91	2.23
Other Current Liabilities	26.56	18.46	20.17	19	15.87	13.9
Total Current Liabilities	228.41	235.77	146.43	129.81	63.83	51.22
Long-Term Debt	-	9.89	-	-	-	-
Long-Term Leases	3.34	0.78	1.14	0.02	1.11	-
Long-Term Unearned Revenue	54.05	55.29	49.33	38.31	3.42	3
Long-Term Deferred Tax Liabilities	4.64	6.38	9.87	11.51	-	-
Other Long-Term Liabilities	-	8.93	10.37	1.48	-	-
Total Liabilities	290.44	317.04	217.15	181.13	68.36	54.22
Common Stock	150.95	152	153.41	109.58	80	80
Additional Paid-In Capital	1,404	1,422	1,451	1,495	555.1	547.98
Retained Earnings	406	385.95	339.97	275.59	227.97	215.92
Treasury Stock	-	-10.38	-29.91	-	-	-
Comprehensive Income & Other	0.53	0.19	0.26	0.2	-	-
Total Common Equity	1,961	1,950	1,915	1,880	863.06	843.9
Minority Interest	-0.48	0.28	1.09	0.74	-	-
Shareholders' Equity	1,961	1,950	1,916	1,881	863.06	843.9
Total Liabilities & Equity	2,251	2,268	2,133	2,062	931.42	898.12
Total Debt	93.76	122.62	19.41	26.43	2.14	-
Net Cash (Debt)	97.41	142.12	217.47	428.01	304.33	420.87
Net Cash Growth	5.89%	-34.65%	-49.19%	40.64%	-27.69%	-18.57%
Net Cash Per Share	0.64	0.94	1.42	3.50	2.71	3.77
Filing Date Shares Outstanding	150.95	151.42	152	153.41	112	112
Total Common Shares Outstanding	150.95	151.42	152	153.41	112	112
Working Capital	562.54	580.34	643.5	741.85	451.82	531.39
Book Value Per Share	12.99	12.88	12.60	12.26	7.71	7.53
Tangible Book Value	1,499	1,485	1,447	1,410	816.63	811.77
Tangible Book Value Per Share	9.93	9.81	9.52	9.19	7.29	7.25
Buildings	-	218.95	120.87	119.56	75.15	74.15
Machinery	-	1,036	816.44	690.27	310.96	257.37
Construction In Progress	-	80.7	170.47	106.44	60.13	37.84

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