SHA:688033 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	186.59	266.76	1,185	2,075	627.97	1,170
Cash & Short-Term Investments	186.59	266.76	1,185	2,075	627.97	1,170
Cash Growth	-62.27%	-77.48%	-42.90%	230.38%	-46.31%	0.16%
Accounts Receivable	701.02	849.45	1,416	1,160	661.39	440.85
Other Receivables	53.65	62.12	62.12	23.52	9.33	7.52
Receivables	754.67	911.57	1,478	1,184	670.72	448.37
Inventory	358.88	410.52	976.15	294.04	174.79	52.28
Other Current Assets	388.09	413.29	492.82	165.61	103.56	55.31
Total Current Assets	1,688	2,002	4,132	3,718	1,577	1,726
Property, Plant & Equipment	3,362	3,571	3,876	2,332	1,267	656.75
Long-Term Investments	31.46	54.57	76.66	89.74	78.42	30.7
Goodwill	305.17	305.17	328.69	353.83	126.62	-
Other Intangible Assets	141.88	157.5	167.03	176.68	160.53	131.29
Long-Term Accounts Receivable	-	-	-	-	-	0.14
Long-Term Deferred Tax Assets	214.12	247.88	76.34	51.96	3.79	1.77
Long-Term Deferred Charges	21.94	25.48	17.66	7.03	3.66	4.02
Other Long-Term Assets	70.93	94.04	50.36	134.92	117.06	39.66
Total Assets	5,837	6,460	8,726	6,866	3,337	2,592
Accounts Payable	840.65	797.04	1,096	346.72	66.59	53.02
Accrued Expenses	23.2	31.3	36.68	64.69	52.12	36.23
Short-Term Debt	970.53	826.29	999.68	297.98	53.87	30
Current Portion of Long-Term Debt	337.53	581.11	261.18	-	-	-
Current Portion of Leases	-	10.38	8.34	6.58	4.15	-
Current Income Taxes Payable	8.88	0.09	1.4	45.75	15.58	4.14
Current Unearned Revenue	4.41	4.06	90.84	1.83	2.3	-
Other Current Liabilities	62.05	193.01	83.13	199.05	137.69	9.94
Total Current Liabilities	2,247	2,443	2,577	962.6	332.29	133.34
Long-Term Debt	79.57	167.61	705.83	590.09	190	-
Long-Term Leases	31.53	43.78	47.83	43.65	50.41	-
Long-Term Unearned Revenue	111.27	61.34	53.09	50.87	57.66	46.95
Long-Term Deferred Tax Liabilities	15.05	16.75	21.24	17.75	3.23	-
Other Long-Term Liabilities	-	-	-	28.6	59.1	0
Total Liabilities	2,485	2,733	3,405	1,694	692.69	180.29
Common Stock	562.2	562.2	562.2	561.37	448.74	448.74
Additional Paid-In Capital	3,461	3,461	3,503	3,492	1,272	1,260
Retained Earnings	-733	-361.99	1,147	1,026	864.51	707.49
Treasury Stock	-10	-10	-10	-	-	-
Comprehensive Income & Other	17.02	17.14	22.66	33.78	1.02	-
Total Common Equity	3,297	3,668	5,225	5,113	2,587	2,417
Minority Interest	55.12	59.03	96.33	59.8	57.43	-4.74
Shareholders' Equity	3,353	3,727	5,321	5,172	2,644	2,412
Total Liabilities & Equity	5,837	6,460	8,726	6,866	3,337	2,592
Total Debt	1,419	1,629	2,023	938.3	298.43	30
Net Cash (Debt)	-1,233	-1,362	-838.29	1,136	329.54	1,140
Net Cash Growth	-	-	-	244.83%	-71.08%	-2.41%
Net Cash Per Share	-2.19	-2.41	-1.46	2.37	0.73	2.49
Filing Date Shares Outstanding	561.61	561.61	561.61	561.37	448.74	448.74
Total Common Shares Outstanding	561.61	561.61	561.61	561.37	448.74	448.74
Working Capital	-559.02	-441.15	1,555	2,755	1,245	1,592
Book Value Per Share	5.87	6.53	9.30	9.11	5.76	5.39
Tangible Book Value	2,850	3,205	4,729	4,582	2,300	2,285
Tangible Book Value Per Share	5.08	5.71	8.42	8.16	5.12	5.09
Buildings	-	1,792	1,747	826.76	506.68	274.68
Machinery	-	1,934	1,602	1,051	478.35	260.23
Construction In Progress	-	363	790.7	569.42	314.56	134.71

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